HYPE

Alert

Funding spread now, next payment 15:00 UTC−0.0004%/8h

paid, last 24h−0.043%paid, last 7 days−0.087%to open and close $10k−$22

Long on MEXC Short on Coinbase International

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC HYPE_USDT	94.101	0.0100	pay 0.0050% / 4h	54m 46s	$94.7M	$81.4M	100x
Short	Coinbase International HYPE-PERP-INTX	94.150	0.0096	get 0.0012% / 1h	54m 46s	$5.0M	$5.2M	50x

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 MEXCbpFee Coinbase InternationalbpOrdersRate

Funding earned: −$0.84
Slippage, 4 orders: −$7.62
Fee MEXC: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$22.46
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; Coinbase International: live order book, 6 min ago.

Price risk

price view

Price gap now: +0.052%
Avg gap 7d: −0.045%

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 MEXC live order book, 6 min ago	0.05 bp	2.1 bp −$2	4.7 bp −$47	13.2 bp −$1,324	56.7 bp −$28.4K
Sell Coinbase International live order book, 6 min ago	2.66 bp	9.0 bp −$9	13.5 bp −$135	33.5 bp −$3,352	doesn't fit

HYPE on 54 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hibachi HYPE/USDT-P	−0.0696%	1h	$203K	$178K	7x	as long as short
Orderly PERP_HYPE_USDC	−0.0200%	4h	$171K	$413K	20x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	$3K	$307	25x	as long as short
BingX HYPE-USDT	−0.0044%	4h	—	$49.7M	—	as long as short
OKX HYPE-USDT-SWAP	−0.0042%	8h	$117.8M	$302.3M	50x	as long as short
Bybit HYPEUSDT	0.0000%	8h	$327.3M	$278.6M	75x	as long as short
Perpl HYPE	0.0000%	43m	$33K	$349K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	$33K	—	150x	as long as short
01 Exchange HYPEUSD	+0.0024%	1h	$84K	$299K	20x	as long as short
ApeX Omni HYPEUSDT	+0.0051%	1h	$429K	$951K	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate HYPE_USDT	+0.0064%	4h	$44.3M	$53.4M	75x	as long as short
dYdX HYPE-USD	+0.0080%	1h	$128K	$23K	5x	as long as short
Phemex HYPEUSDT	+0.0088%	8h	$12.7M	$2.2M	50x	as long as short
Lighter HYPE	+0.0096%	1h	$18.9M	$53.1M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	$3.1M	$11.2M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	$161K	$1.1M	50x	as long as short
Coinbase International HYPE-PERP-INTXshort	+0.0096%	1h	$5.0M	$5.2M	50x
Paradex HYPE-USD-PERP	+0.0099%	8h	$338K	$288K	20x	as long as short
Katana Perps HYPE-USD	+0.0099%	8h	$9K	$1.6M	10x	as long as short
Aftermath Perps HYPEUSD	+0.0100%	1h	$22K	$34K	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	$5.7M	$42.9M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	$2.05B	$561.3M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	$8.9M	$32.8M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	$11.4M	$12.0M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	$397.9M	$783.3M	75x	as long as short
Ondo Perps HYPE-USD.P	+0.0100%	1h	$705K	$897K	10x	as long as short
Arcus HYPE-USD	+0.0100%	1h	$1.2M	$4.1M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	$213K	$10K	10x	as long as short
MEXC HYPE_USDTlong	+0.0100%	4h	$94.7M	$81.4M	100x
KuCoin HYPEUSDTM	+0.0100%	4h	$44.6M	$19.8M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	$233.6M	$92.7M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	$8.2M	$8.6M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	$30.4M	$51.2M	—	as long as short
StandX HYPE-USD	+0.0100%	1h	$722K	$2.0M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	—	$407K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	$465K	$2.4M	20x	as long as short
Bullet HYPE-USD	+0.0100%	1h	$112K	$581K	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	$69K	$191K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	$16.7M	$7.2M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	$32K	$1.5M	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	$18.5M	$38.8M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	$400K	$344K	20x	as long as short
edgeX HYPEUSDC	+0.0107%	4h	$5.1M	$26.2M	30x	as long as short
Kalshi KXHYPEPERP	+0.0161%	8h	$1.7M	$4.1M	2.3x	as long as short
Reya HYPERUSDPERP	+0.0219%	1h	$74K	$165K	15x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0260%	1h	$7.3M	$4.5M	50x	as long as short
HTX HYPE-USDT	+0.0319%	4h	$1.5M	$6.5M	75x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	$17.8M	$11.9M	75x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0345% / S −0.0160%	1h	$1.5M	—	100x	as long as short
Phoenix HYPE	+0.0357%	1h	$297K	$1.1M	10x	as long as short
RISEx HYPE/USDC	+0.0500%	1h	$2.5M	$7.2M	20x	as long as short
Kraken Futures PF_HYPEUSD	+0.0606%	1h	$16.8M	$20.7M	50x	as long as short
Injective HYPE/USDC PERP	+0.1001%	1h	$24K	$319K	12x	as long as short