Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: ApeX Omni against Lighter+0.085%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$250.250% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 7 days−0.130%−$13 · spread now +0.085%, 7d avg −0.036%
=Together, before fees−0.115%+ Points / potential airdropLighter: Season 3 · farm board−$11 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: ApeX Omni is 0.121% dearer against Lighter than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HYPE | 94.276 | 0.0096 | pay 0.0012% / 1h | 21m 30s | $16.3M | $64.3M | 20x |
| Short | ApeX Omni HYPEUSDT | 94.356 | 0.0100 | get 0.0013% / 1h | 21m 30s | $363K | $1.0M | 50x |
Lighter HYPE
ApeX Omni HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: +0.085% → −0.036%
- $12.05
- Slippage, 4 orders
- −$14.99
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$12.1
- Costs to cover
- 0.250%
- Break-even
- 107.8 days
Slippage from Lighter: live order book, 8 min ago; ApeX Omni: live order book, 2 min ago.
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 Lighter live order book, 8 min ago | 1.17 bp | 1.3 bp −$1 | 2.1 bp −$21 | 9.7 bp −$971 | 39.3 bp −$19.7K |
| Sell ApeX Omni live order book, 2 min ago | 4.29 bp | 11.3 bp −$11 | 14.2 bp −$142 | doesn't fit | doesn't fit |
HYPE on 55 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1048% | 1h | 94.204 | −0.077% | $200K | $238K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0200% | 1h | 94.001 | −0.291% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.189 | −0.092% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0064% | 1h | 94.140 | −0.144% | $709K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | −0.0054% | 1h | 94.240 | −0.038% | $112K | $579K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 94.298 | +0.023% | $86K | $368K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0016% | 4h | 94.227 | −0.052% | $146K | $686K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.296 | +0.022% | $129K | $26K | 5x | as long as short |
| Bybit HYPEUSDT | 0.0000% | 8h | 94.240 | −0.038% | $317.8M | $289.7M | 75x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.289 | +0.014% | $19K | $293K | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
Bullet HYPE-USD
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Bybit HYPEUSDT
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 94.419 | +0.152% | $84K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0007% | 1h | 93.302 | −1.033% | $16.2M | $7.5M | 10x | as long as short |
| Bluefin HYPE-PERP | +0.0009% | 1h | 94.215 | −0.065% | $80K | $155K | 20x | as long as short |
| Phoenix HYPE | +0.0017% | 1h | 93.715 | −0.595% | $208K | $1.1M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0052% | 4h | 94.268 | −0.009% | $227.2M | $99.4M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0054% | 8h | 94.223 | −0.056% | $12.9M | $2.8M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0078% | 8h | 94.325 | +0.052% | $337K | $157K | 20x | as long as short |
| Arcus HYPE-USD | +0.0084% | 1h | 94.252 | −0.026% | $1.0M | $4.0M | 10x | as long as short |
| edgeX HYPEUSDC | +0.0095% | 4h | 94.344 | +0.072% | $5.0M | $30.6M | 30x | as long as short |
| Lighter HYPElong | +0.0096% | 1h | 94.276 | long leg | $16.3M | $64.3M | 20x | |
| Lighter RH HYPE | +0.0096% | 1h | 94.286 | +0.011% | $3.2M | $11.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.266 | −0.011% | $78K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.270 | −0.006% | $17K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.226 | −0.053% | $7.5M | $50.5M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.370 | +0.100% | $2.07B | $686.6M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.255 | −0.023% | $8.9M | $37.2M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.304 | +0.030% | $10.2M | $15.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.255 | −0.022% | $377.1M | $932.8M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 94.245 | −0.033% | $116.2M | $317.7M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.256 | −0.021% | $48.9M | $56.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.271 | −0.005% | $89.8M | $84.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.284 | +0.008% | $46.7M | $18.8M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.263 | −0.014% | — | $53.5M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.205 | −0.075% | $7.2M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.009 | −0.284% | $28.9M | $56.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.424 | +0.157% | $7.6M | $48.1M | 10x | as long as short |
| ApeX Omni HYPEUSDTshort | +0.0100% | 1h | 94.356 | +0.085% | $363K | $1.0M | 50x | |
| StandX HYPE-USD | +0.0100% | 1h | 94.272 | −0.004% | $683K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.344 | +0.072% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.282 | +0.006% | $473K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.285 | +0.009% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.228 | −0.051% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.350 | +0.078% | $1.4M | $6.7M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.275 | −0.001% | $218K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.238 | −0.040% | $18.2M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.238 | −0.040% | $398K | $159K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0106% | 8h | 94.375 | +0.105% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0120% | 1h | 94.320 | +0.047% | $4.7M | $6.2M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0121% | 1h | 94.318 | +0.044% | $7.5M | $4.3M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0151% / S +0.0022% | 1h | 94.284 | +0.008% | $1.4M | — | 100x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.610 | +0.354% | $31K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0272% | 1h | 94.227 | −0.052% | $77K | $129K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.378 | +0.108% | $17.0M | $12.3M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0412% | 1h | 94.293 | +0.018% | $20.2M | $30.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0559% | 1h | 94.296 | +0.021% | $3.2M | $6.4M | 20x | as long as short |
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
Bluefin HYPE-PERP
Phoenix HYPE
Bitget HYPEUSDT
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Arcus HYPE-USD
edgeX HYPEUSDC
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC