Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against KuCoin+0.043%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$320.316% of the position
Long on KuCoinShort on Binance
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 7 days−0.045%−$4 · spread now +0.043%, 7d avg +0.007%
Together, before fees−0.049%−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.036% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HYPEUSDTM93.6660.0100pay 0.0050% / 4h3h 32m$46.4M$19.6M75x
ShortBinance HYPEUSDT93.7060.0100get 0.0050% / 4h3h 32m$391.1M$876.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.043% → +0.007%
$3.57
Slippage, 4 orders
−$9.61
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$28.04
Costs to cover
0.316%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago0.91 bp8.7 bp −$914.5 bp −$145doesn't fitdoesn't fit
Sell Binance live order book, 2 min ago0.05 bp5.1 bp −$56.6 bp −$6614.5 bp −$1,45432.0 bp −$16.0K

HYPE on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1320%1h93.395−0.289%$196K$237K7xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.681+0.016%$3K$33125xas long as short
Aftermath Perps HYPEUSD−0.0046%1h93.390−0.295%$22K$22K10xas long as short
dYdX HYPE-USD0.0000%1h93.723+0.061%$128K$33K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.812+0.156%$1.9M$5.3M2.3xas long as short
Perpl HYPE0.0000%43m93.693+0.029%$23K$352K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0005%1h93.650−0.017%$44K—150xas long as short
01 Exchange HYPEUSD+0.0016%1h93.688+0.023%$89K$327K20xas long as short
Aster HYPEUSDT+0.0018%4h93.672+0.007%$9.0M$36.4M300xas long as short
Gate HYPE_USDT+0.0020%4h93.647−0.020%$44.2M$56.0M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HYPEUSDT+0.0056%8h93.678+0.013%$326.1M$285.1M75xas long as short
Kraken Futures PF_HYPEUSD+0.0066%1h93.838+0.184%$18.6M$24.0M50xas long as short
Orderly PERP_HYPE_USDC+0.0093%4h93.709+0.046%$182K$505K20xas long as short
Phoenix HYPE+0.0094%1h93.461−0.219%$205K$1.1M10xas long as short
Lighter HYPE+0.0096%1h93.759+0.099%$18.9M$57.7M20xas long as short
Lighter RH HYPE+0.0096%1h93.744+0.083%$3.1M$12.4M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.6660.000%$56K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.710+0.047%$25K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.703+0.040%$6.0M$44.2M10xas long as short
Pacifica HYPE+0.0100%1h93.706+0.042%$10.0M$14.3M20xas long as short
Binance HYPEUSDTshort+0.0100%4h93.706+0.043%$391.1M$876.9M75x
OKX HYPE-USDT-SWAP+0.0100%8h93.663−0.003%$114.6M$316.1M50xas long as short
Ondo Perps HYPE-USD.P+0.0100%1h93.630−0.038%$701K$951K10xas long as short
Arcus HYPE-USD+0.0100%1h93.643−0.025%$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.684+0.020%$205K$9K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.642−0.026%$90.5M$81.7M100xas long as short
KuCoin HYPEUSDTMlong+0.0100%4h93.666long leg$46.4M$19.6M75x
Bitget HYPEUSDT+0.0100%4h93.706+0.043%$227.2M$102.3M75xas long as short
BingX HYPE-USDT+0.0100%4h93.672+0.006%—$54.3M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.713+0.050%$8.0M$11.5M20xas long as short
Variational Omni HYPE+0.0100%8h93.336−0.352%$28.7M$49.0M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.371−0.315%$7.5M$45.4M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.462−0.218%$457K$934K50xas long as short
StandX HYPE-USD+0.0100%1h93.497−0.180%$676K$2.3M20xas long as short
Vest HYPE-PERP+0.0100%1h93.682+0.017%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.703+0.040%$468K$2.6M20xas long as short
Bullet HYPE-USD+0.0100%1h93.647−0.020%$112K$574K20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.716+0.053%$76K$169K20xas long as short
Derive HYPE-PERP+0.0100%1h93.689+0.025%$16.4M$6.9M10xas long as short
SunX HYPE-USDT+0.0100%4h93.672+0.006%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.710+0.047%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.677+0.012%$12.7M$2.5M50xas long as short
Paradex HYPE-USD-PERP+0.0101%8h93.720+0.058%$341K$171K20xas long as short
Extended HYPE-USD+0.0104%1h93.710+0.047%$18.2M$40.6M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.714+0.051%$399K$318K20xas long as short
edgeX HYPEUSDC+0.0110%4h93.333−0.355%$5.0M$28.8M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.700+0.036%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0243%1h93.644−0.023%$77K$157K15xas long as short
Injective HYPE/USDC PERP+0.0254%1h93.730+0.068%$30K$182K12xas long as short
Hyperliquid HYPE+0.0301%1h93.742+0.081%$2.04B$659.7M10xas long as short
BloFin HYPE-USDT+0.0340%4h93.601−0.069%$17.3M$12.3M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0342% / S −0.0168%1h93.631−0.038%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0390%1h93.814+0.158%$7.4M$4.6M50xas long as short
RISEx HYPE/USDC+0.0422%1h93.746+0.086%$2.8M$6.7M20xas long as short
HTX HYPE-USDT+0.0476%4h93.900+0.250%$1.5M$7.5M75xas long as short