data as of
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HYPE

all HYPE markets
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Funding spread now, next payment 18:00 UTC−0.0004%/8h
paid, last 24h+0.028%paid, last 7 days+0.138%to open and close $10k−$30
Long on KalshiShort on Polymarket Perps
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXHYPEPERP92.6670.0104pay 0.0104% / 8h2h 10m$1.7M$4.9M2.3x
ShortPolymarket Perps HYPE-USD92.5650.0100get 0.0013% / 1h10m 46s$480K$2.4M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.74
Slippage, 4 orders
−$12.27
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$31
Break-even
never at this rate
Slippage from Kalshi: live order book, 4 min ago; Polymarket Perps: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.110%
Avg gap 7d
−0.055%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 4 min ago2.69 bp10.5 bp −$1012.2 bp −$12218.1 bp −$1,814doesn't fit
Sell Polymarket Perps live order book, 4 min ago0.59 bp4.7 bp −$54.9 bp −$4910.6 bp −$1,057doesn't fit

HYPE on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1008%1h$193K$224K7xas long as short
Hotstuff HYPE-PERP−0.0080%1h$3K$30725xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h$54K—150xas long as short
dYdX HYPE-USD+0.0007%1h$126K$26K5xas long as short
BingX HYPE-USDT+0.0038%4h—$52.9M—as long as short
Injective HYPE/USDC PERP+0.0082%1h$21K$168K12xas long as short
01 Exchange HYPEUSD+0.0088%1h$90K$315K20xas long as short
Lighter HYPE+0.0096%1h$18.2M$57.7M20xas long as short
Lighter RH HYPE+0.0096%1h$3.1M$12.2M20xas long as short
Popdex HYPEUSDT+0.0096%1h$66K$1.2M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Orderly PERP_HYPE_USDC+0.0097%4h$192K$458K20xas long as short
Katana Perps HYPE-USD+0.0100%8h$17K$1.8M10xas long as short
Nado HYPE-PERP+0.0100%1h$6.4M$43.4M10xas long as short
Aster HYPEUSDT+0.0100%4h$8.8M$35.4M300xas long as short
Pacifica HYPE+0.0100%1h$11.3M$12.3M20xas long as short
Binance HYPEUSDT+0.0100%4h$387.9M$848.6M75xas long as short
Bybit HYPEUSDT+0.0100%8h$325.2M$283.9M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h$113.8M$309.4M50xas long as short
Ondo Perps HYPE-USD.P+0.0100%1h$696K$970K10xas long as short
Arcus HYPE-USD+0.0100%1h$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h$203K$8K10xas long as short
Gate HYPE_USDT+0.0100%4h$43.7M$54.7M75xas long as short
MEXC HYPE_USDT+0.0100%4h$90.1M$83.2M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h$45.8M$19.6M75xas long as short
Bitget HYPEUSDT+0.0100%4h$226.2M$100.3M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h$8.5M$10.8M20xas long as short
Variational Omni HYPE+0.0100%8h$28.7M$48.9M—as long as short
ApeX Omni HYPEUSDT+0.0100%1h$428K$927K50xas long as short
StandX HYPE-USD+0.0100%1h$668K$2.3M20xas long as short
Vest HYPE-PERP+0.0100%1h—$407K5xas long as short
Polymarket Perps HYPE-USDshort+0.0100%1h$480K$2.4M20x
Bullet HYPE-USD+0.0100%1h$111K$568K20xas long as short
Bluefin HYPE-PERP+0.0100%1h$73K$178K20xas long as short
Derive HYPE-PERP+0.0100%1h$16.3M$7.2M10xas long as short
SunX HYPE-USDT+0.0100%4h$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h$12.5M$2.3M50xas long as short
edgeX HYPEUSDC+0.0100%4h$5.1M$28.4M30xas long as short
Kalshi KXHYPEPERPlong+0.0104%8h$1.7M$4.9M2.3x
Extended HYPE-USD+0.0104%1h$18.1M$40.9M50xas long as short
Aevo HYPE-PERP+0.0104%1h$394K$335K20xas long as short
Paradex HYPE-USD-PERP+0.0111%8h$335K$285K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0200%1h$4.9M$5.3M50xas long as short
Aftermath Perps HYPEUSD+0.0234%1h$22K$31K10xas long as short
Reya HYPERUSDPERP+0.0237%1h$79K$155K15xas long as short
Kraken Futures PF_HYPEUSD+0.0259%1h$16.2M$20.5M50xas long as short
BloFin HYPE-USDT+0.0340%4h$17.4M$11.7M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0341% / S −0.0166%1h$1.4M—100xas long as short
Phoenix HYPE+0.0351%1h$295K$984K10xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0388%1h$7.3M$4.2M50xas long as short
Perpl HYPE+0.0447%43m$27K$356K10xas long as short
RISEx HYPE/USDC+0.0611%1h$2.6M$6.5M20xas long as short
HTX HYPE-USDT+0.0773%4h$1.5M$7.2M75xas long as short
Hyperliquid HYPE+0.0844%1h$2.00B$631.1M10xas long as short