HYPE

Alert

Funding spread now, next payment 14:08 UTC−0.0096%/8h

paid, last 24h−0.027%paid, last 7 days−0.092%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH HYPE	94.058	0.0096	pay 0.0012% / 1h	41m 40s	$3.1M	$10.9M	20x
Short	Perpl HYPE	94.066	0	get 0.0000% / 43m	18m 40s	$30K	$334K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee PerplbpOrdersRate

Funding earned: −$20.16
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$33.96
Break-even: never at this rate

Slippage unknown: Lighter RH: live order book, 4 min ago; Perpl: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.008%
Avg gap 7d: +0.005%

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 Lighter RH live order book, 4 min ago	1.81 bp	2.7 bp −$3	6.3 bp −$63	44.3 bp −$4,431	doesn't fit
Sell Perpl no order-book sample	—	—	—	—	—

Perpl: 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 54 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_HYPE_USDC	−0.0313%	4h	$169K	$473K	20x	as long as short
Kraken Futures PF_HYPEUSD	−0.0294%	1h	$17.0M	$20.1M	50x	as long as short
Hibachi HYPE/USDT-P	−0.0160%	1h	$201K	$175K	7x	as long as short
BingX HYPE-USDT	−0.0107%	4h	—	$48.5M	—	as long as short
OKX HYPE-USDT-SWAP	−0.0104%	8h	$119.4M	$288.6M	50x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	$3K	$307	25x	as long as short
Aster HYPEUSDT	−0.0060%	4h	$8.7M	$32.0M	300x	as long as short
Gate HYPE_USDT	−0.0050%	4h	$44.4M	$54.1M	75x	as long as short
Aftermath Perps HYPEUSD	−0.0026%	1h	$22K	$34K	10x	as long as short
Arcus HYPE-USD	−0.0018%	1h	$1.2M	$4.2M	10x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni HYPEUSDT	−0.0004%	1h	$413K	$932K	50x	as long as short
dYdX HYPE-USD	0.0000%	1h	$128K	$23K	5x	as long as short
Kalshi KXHYPEPERP	0.0000%	8h	$1.6M	$3.8M	2.3x	as long as short
Perpl HYPEshort	0.0000%	43m	$30K	$334K	10x
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	$33K	—	150x	as long as short
Phemex HYPEUSDT	+0.0007%	8h	$12.7M	$2.2M	50x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0032%	1h	$4.9M	$5.2M	50x	as long as short
MEXC HYPE_USDT	+0.0034%	4h	$92.3M	$80.5M	100x	as long as short
Bybit HYPEUSDT	+0.0039%	8h	$325.7M	$272.7M	75x	as long as short
edgeX HYPEUSDC	+0.0040%	4h	$5.1M	$25.1M	30x	as long as short
Binance HYPEUSDT	+0.0043%	4h	$394.7M	$754.6M	75x	as long as short
KuCoin HYPEUSDTM	+0.0048%	4h	$44.9M	$19.4M	75x	as long as short
Aevo HYPE-PERP	+0.0088%	1h	$400K	$339K	20x	as long as short
Paradex HYPE-USD-PERP	+0.0094%	8h	$338K	$287K	20x	as long as short
Lighter HYPE	+0.0096%	1h	$18.7M	$50.9M	20x	as long as short
Lighter RH HYPElong	+0.0096%	1h	$3.1M	$10.9M	20x
Popdex HYPEUSDT	+0.0096%	1h	$77K	$1.0M	50x	as long as short
Katana Perps HYPE-USD	+0.0099%	8h	$37K	$1.6M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	$5.6M	$42.0M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	$2.05B	$532.7M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	$11.4M	$11.8M	20x	as long as short
Ondo Perps HYPE-USD.P	+0.0100%	1h	$705K	$897K	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	$213K	$10K	10x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	$231.0M	$89.6M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	$8.1M	$8.4M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	$30.0M	$49.0M	—	as long as short
StandX HYPE-USD	+0.0100%	1h	$715K	$2.1M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	—	$407K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	$482K	$2.3M	20x	as long as short
Bullet HYPE-USD	+0.0100%	1h	$112K	$577K	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	$69K	$195K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	$16.7M	$6.8M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	$28K	$1.4M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	$2.0M	$1.9M	10x	as long as short
Extended HYPE-USD	+0.0104%	1h	$18.4M	$37.0M	50x	as long as short
01 Exchange HYPEUSD	+0.0104%	1h	$83K	$284K	20x	as long as short
RISEx HYPE/USDC	+0.0120%	1h	$2.5M	$7.2M	20x	as long as short
BloFin HYPE-USDT	+0.0137%	4h	$17.8M	$11.6M	75x	as long as short
Phoenix HYPE	+0.0152%	1h	$295K	$1.0M	10x	as long as short
HTX HYPE-USDT	+0.0163%	4h	$1.5M	$6.3M	75x	as long as short
Reya HYPERUSDPERP	+0.0214%	1h	$74K	$217K	15x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0281%	1h	$7.3M	$4.4M	50x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0345% / S −0.0159%	1h	$1.5M	—	100x	as long as short
Injective HYPE/USDC PERP	+0.0375%	1h	$24K	$259K	12x	as long as short