HYPE

Alert

Funding spread now, next payment 17:00 UTC+0.0313%/8h

paid, last 24h+0.021%paid, last 7 days−0.014%to open and close $10k−$38

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_HYPEUSD	92.992	0.0410	pay 0.0051% / 1h	37m 02s	$16.3M	$20.7M	50x
Short	HTX HYPE-USDT	93.074	0.0723	get 0.0362% / 4h	3h 37m	$1.5M	$7.0M	75x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee HTXbpOrdersRate

Funding earned: $65.72
Slippage, 4 orders: −$16.34
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $27.37
Break-even: 4.1 days

Slippage from Kraken Futures: live order book, 3 min ago; HTX: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.088%
Avg gap 7d: −0.003%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 3 min ago	2.53 bp	9.4 bp −$9	14.8 bp −$148	23.4 bp −$2,342	66.4 bp −$33.2K
Sell HTX live order book, 3 min ago	2.25 bp	11.5 bp −$12	15.6 bp −$156	53.9 bp −$5,394	doesn't fit

HYPE on 54 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hotstuff HYPE-PERP	−0.0080%	1h	$3K	$307	25x	as long as short
Orderly PERP_HYPE_USDC	−0.0034%	4h	$169K	$381K	20x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	$18K	—	150x	as long as short
BingX HYPE-USDT	+0.0040%	4h	—	$51.9M	—	as long as short
dYdX HYPE-USD	+0.0040%	1h	$126K	$26K	5x	as long as short
OKX HYPE-USDT-SWAP	+0.0069%	8h	$115.1M	$310.8M	50x	as long as short
Lighter RH HYPE	+0.0096%	1h	$3.2M	$11.9M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	$155K	$1.1M	50x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	$33K	$1.8M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	$5.5M	$42.9M	10x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster HYPEUSDT	+0.0100%	4h	$8.8M	$35.7M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	$11.3M	$12.3M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	$395.0M	$839.5M	75x	as long as short
Bybit HYPEUSDT	+0.0100%	8h	$324.8M	$283.9M	75x	as long as short
Ondo Perps HYPE-USD.P	+0.0100%	1h	$698K	$971K	10x	as long as short
Arcus HYPE-USD	+0.0100%	1h	$1.2M	$4.2M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	$211K	$10K	10x	as long as short
Gate HYPE_USDT	+0.0100%	4h	$44.2M	$53.6M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	$97.8M	$85.6M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	$44.9M	$19.7M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	$228.0M	$100.7M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	$8.4M	$9.9M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	$29.5M	$50.9M	—	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	$427K	$957K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	$666K	$2.2M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	—	$407K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	$466K	$2.4M	20x	as long as short
Bullet HYPE-USD	+0.0100%	1h	$112K	$578K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	$16.4M	$7.2M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	$2.0M	$1.9M	10x	as long as short
Phemex HYPEUSDT	+0.0100%	8h	$12.6M	$2.3M	50x	as long as short
Extended HYPE-USD	+0.0104%	1h	$18.2M	$41.9M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	$395K	$340K	20x	as long as short
Hyperliquid HYPE	+0.0110%	1h	$2.00B	$612.1M	10x	as long as short
Perpl HYPE	+0.0112%	43m	$31K	$350K	10x	as long as short
edgeX HYPEUSDC	+0.0113%	4h	$5.1M	$28.6M	30x	as long as short
Kalshi KXHYPEPERP	+0.0123%	8h	$1.7M	$4.7M	2.3x	as long as short
Paradex HYPE-USD-PERP	+0.0129%	8h	$336K	$287K	20x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0152%	1h	$5.0M	$5.4M	50x	as long as short
01 Exchange HYPEUSD	+0.0160%	1h	$90K	$322K	20x	as long as short
Lighter HYPE	+0.0224%	1h	$18.4M	$56.7M	20x	as long as short
Reya HYPERUSDPERP	+0.0228%	1h	$73K	$166K	15x	as long as short
Aftermath Perps HYPEUSD	+0.0321%	1h	$22K	$34K	10x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	$17.6M	$12.3M	75x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0352% / S −0.0170%	1h	$1.5M	—	100x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0353%	1h	$7.4M	$4.7M	50x	as long as short
Injective HYPE/USDC PERP	+0.0356%	1h	$23K	$256K	12x	as long as short
Phoenix HYPE	+0.0386%	1h	$294K	$1.0M	10x	as long as short
Kraken Futures PF_HYPEUSDlong	+0.0410%	1h	$16.3M	$20.7M	50x
Hibachi HYPE/USDT-P	+0.0608%	1h	$194K	$230K	7x	as long as short
RISEx HYPE/USDC	+0.0620%	1h	$2.5M	$7.3M	20x	as long as short
HTX HYPE-USDTshort	+0.0723%	4h	$1.5M	$7.0M	75x
Bluefin HYPE-PERP	+0.6660%	1h	$73K	$190K	20x	as long as short