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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Vest against KuCoin+0.069%7-day average +0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.118%−$12 on $10k
Price spread, last 4 days (all we have)+0.961%+$96 · spread now +0.069%, 7d avg +0.008%
Together, before fees+0.843%+ Points / potential airdropVest: Active · farm board+$84 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: Vest is 0.061% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HYPEUSDTM94.4480.0100pay 0.0050% / 4h48m 53s$47.1M$18.6M75x
ShortVest HYPE-PERP94.5130.0100get 0.0013% / 1h48m 53s$243K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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: +0.069% → +0.008%
$6.06
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$7.94
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 10 min ago; Vest: no order-book sample. Net counts fees only.

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, 10 min ago0.11 bp7.5 bp −$815.9 bp −$159doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1176%1h94.252−0.207%$201K$250K7xas long as short
Bluefin HYPE-PERP−0.0341%1h94.447−0.001%$80K$154K20xas long as short
Ondo Perps HYPE-USD.P−0.0150%1h94.330−0.125%$711K$1.2M10xas long as short
Aftermath Perps HYPEUSD−0.0132%1h94.368−0.085%$22K$21K10xas long as short
Bullet HYPE-USD−0.0119%1h94.479+0.033%$112K$575K20xas long as short
01 Exchange HYPEUSD−0.0104%1h94.485+0.039%$87K$366K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h94.441−0.007%$3K$33125xas long as short
Arcus HYPE-USD−0.0045%1h94.423−0.026%$1.0M$3.6M10xas long as short
Derive HYPE-PERP−0.0026%1h94.425−0.024%$16.5M$7.5M10xas long as short
Bybit HYPEUSDT−0.0014%8h94.470+0.023%$317.7M$289.5M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX HYPE-USDT−0.0012%4h94.466+0.019%$53.6Mas long as short
Orderly PERP_HYPE_USDC−0.0002%4h94.453+0.005%$146K$685K20xas long as short
dYdX HYPE-USD0.0000%1h94.425−0.025%$129K$60K5xas long as short
Kalshi KXHYPEPERP0.0000%8h94.584+0.144%$1.9M$5.6M2.3xas long as short
Phoenix HYPE0.0000%1h94.351−0.103%$209K$1.1M10xas long as short
Perpl HYPE0.0000%43m94.446−0.003%$19K$287K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S 0.0000%1h94.492+0.047%$117K150xas long as short
Bitget HYPEUSDT+0.0036%4h94.478+0.032%$227.2M$100.2M75xas long as short
Phemex HYPEUSDT+0.0043%8h94.441−0.007%$12.9M$2.9M50xas long as short
Paradex HYPE-USD-PERP+0.0058%8h94.482+0.036%$338K$156K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0064%1h94.510+0.066%$4.7M$6.2M50xas long as short
edgeX HYPEUSDC+0.0084%4h94.405−0.046%$5.0M$30.7M30xas long as short
OKX HYPE-USDT-SWAP+0.0086%8h94.478+0.032%$117.7M$324.5M50xas long as short
Lighter HYPE+0.0096%1h94.476+0.030%$16.3M$63.9M20xas long as short
Lighter RH HYPE+0.0096%1h94.490+0.044%$3.2M$10.7M20xas long as short
Popdex HYPEUSDT+0.0096%1h94.462+0.015%$82K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h94.470+0.023%$29K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h94.430−0.020%$7.4M$51.8M10xas long as short
Hyperliquid HYPE+0.0100%1h94.584+0.144%$2.08B$689.1M10xas long as short
Aster HYPEUSDT+0.0100%4h94.490+0.044%$8.8M$37.3M300xas long as short
Pacifica HYPE+0.0100%1h94.463+0.016%$10.2M$15.3M20xas long as short
Binance HYPEUSDT+0.0100%4h94.484+0.038%$378.2M$933.4M75xas long as short
Bulk HYPE-USD+0.0100%1h94.332−0.123%$218K$12K10xas long as short
Gate HYPE_USDT+0.0100%4h94.451+0.003%$49.5M$56.2M75xas long as short
MEXC HYPE_USDT+0.0100%4h94.464+0.017%$91.0M$82.2M100xas long as short
KuCoin HYPEUSDTMlong+0.0100%4h94.448long leg$47.1M$18.6M75x
Backpack HYPE_USDC_PERP+0.0100%1h94.441−0.007%$7.6M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h94.347−0.107%$29.3M$54.9Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.421−0.029%$7.6M$46.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.418−0.032%$363K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h94.378−0.074%$682K$2.7M20xas long as short
Vest HYPE-PERPshort+0.0100%1h94.513+0.069%$243K5x
Polymarket Perps HYPE-USD+0.0100%1h94.493+0.048%$496K$2.8M20xas long as short
SunX HYPE-USDT+0.0100%4h94.544+0.102%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h94.473+0.026%$2.1M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h94.603+0.164%$1.4M$6.8M75xas long as short
Extended HYPE-USD+0.0104%1h94.427−0.022%$18.3M$43.3M50xas long as short
Aevo HYPE-PERP+0.0104%1h94.526+0.082%$400K$159K20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0131%1h94.561+0.120%$7.4M$4.3M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0151% / S +0.0021%1h94.522+0.078%$1.4M100xas long as short
Injective HYPE/USDC PERP+0.0185%1h94.400−0.051%$30K$339K12xas long as short
Kraken Futures PF_HYPEUSD+0.0222%1h94.542+0.099%$20.3M$30.2M50xas long as short
RISEx HYPE/USDC+0.0249%1h94.468+0.021%$3.2M$6.4M20xas long as short
Reya HYPERUSDPERP+0.0272%1h94.451+0.003%$83K$123K15xas long as short
BloFin HYPE-USDT+0.0340%4h94.464+0.017%$17.1M$12.4M75xas long as short