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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC+0.0171%/8h= +18.7% APRpaid last 24h +0.046%
Price spread now: Reya against MEXC−0.053%7-day average −0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on MEXCShort on Reya
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.053%, 7d avg −0.018%
Together, before fees+0.232%+ Points / potential airdropReya: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.035% cheaper against MEXC than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.018%). If the spread goes back, that is −$3 on $10k: about 16 hours of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.016% in total) that is about 7.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC HYPE_USDT93.5280.0100pay 0.0050% / 4h1h 42m$89.7M$83.7M100x
ShortReya HYPERUSDPERP93.4790.0271get 0.0034% / 1h42m 07s$77K$130K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against MEXC. 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
$35.91
Price spread: −0.053% → −0.018%
−$3.46
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Reya: 3 bp × 2 orders
−$6
Net
$22.45
Costs to cover
0.100%
Break-even
2.6 days
Slippage unknown: MEXC: live order book, 2 min ago; Reya: 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 MEXC live order book, 2 min ago0.05 bp2.1 bp −$24.4 bp −$4412.6 bp −$1,25735.9 bp −$17.9K
Sell Reya no order-book sample—————
Reya: 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−0.1080%1h93.575+0.050%$198K$241K7xas long as short
Aftermath Perps HYPEUSD−0.0222%1h93.677+0.159%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0130%1h93.470−0.062%$705K$1.2M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.505−0.025%$3K$33125xas long as short
Bullet HYPE-USD−0.0075%1h93.502−0.027%$111K$580K20xas long as short
01 Exchange HYPEUSD−0.0064%1h93.561+0.035%$86K$370K20xas long as short
Bluefin HYPE-PERP−0.0030%1h93.542+0.015%$79K$155K20xas long as short
Orderly PERP_HYPE_USDC−0.0022%4h93.495−0.035%$145K$685K20xas long as short
dYdX HYPE-USD0.0000%1h93.525−0.003%$128K$28K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.595+0.072%$1.8M$5.6M2.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.499−0.030%$20K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.550+0.024%$83K—150xas long as short
BingX HYPE-USDT+0.0004%4h93.493−0.037%—$53.7M—as long as short
Bybit HYPEUSDT+0.0005%8h93.480−0.051%$315.6M$288.6M75xas long as short
Derive HYPE-PERP+0.0013%1h93.471−0.061%$16.3M$7.4M10xas long as short
Phoenix HYPE+0.0017%1h93.654+0.135%$209K$1.1M10xas long as short
Bitget HYPEUSDT+0.0040%4h93.500−0.030%$225.3M$99.6M75xas long as short
Paradex HYPE-USD-PERP+0.0077%8h93.536+0.009%$334K$161K20xas long as short
edgeX HYPEUSDC+0.0082%4h93.576+0.051%$5.0M$30.6M30xas long as short
Arcus HYPE-USD+0.0084%1h93.486−0.045%$1.0M$4.0M10xas long as short
Phemex HYPEUSDT+0.0086%8h93.550+0.024%$12.8M$2.8M50xas long as short
Popdex HYPEUSDT+0.0088%1h93.510−0.019%$78K$1.2M50xas long as short
Lighter HYPE+0.0096%1h93.513−0.016%$16.1M$63.8M20xas long as short
Lighter RH HYPE+0.0096%1h93.519−0.010%$3.1M$11.1M20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.490−0.041%$22K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.499−0.030%$7.4M$51.0M10xas long as short
Hyperliquid HYPE+0.0100%1h93.608+0.086%$2.05B$683.1M10xas long as short
Aster HYPEUSDT+0.0100%4h93.533+0.005%$8.8M$37.3M300xas long as short
Pacifica HYPE+0.0100%1h93.537+0.010%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.508−0.021%$374.8M$931.2M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.484−0.047%$115.5M$315.7M50xas long as short
Gate HYPE_USDT+0.0100%4h93.505−0.025%$48.3M$55.1M75xas long as short
MEXC HYPE_USDTlong+0.0100%4h93.528long leg$89.7M$83.7M100x
KuCoin HYPEUSDTM+0.0100%4h93.527−0.001%$46.2M$18.8M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.527−0.001%$7.2M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.579+0.054%$28.6M$56.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.664+0.145%$7.5M$48.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.589+0.065%$347K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.611+0.089%$678K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h93.575+0.051%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.514−0.015%$469K$2.8M20xas long as short
SunX HYPE-USDT+0.0100%4h93.559+0.033%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.517−0.012%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.648+0.128%$1.4M$6.7M75xas long as short
Bulk HYPE-USD+0.0100%1h93.507−0.022%$216K$15K10xas long as short
Extended HYPE-USD+0.0104%1h93.501−0.029%$18.2M$43.4M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.524−0.004%$395K$159K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0120%1h93.560+0.034%$4.7M$6.1M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.450−0.083%$30K$339K12xas long as short
Reya HYPERUSDPERPshort+0.0271%1h93.479−0.053%$77K$130K15x
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.556+0.030%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.516−0.013%$16.9M$12.2M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0349%1h93.617+0.095%$7.4M$4.2M50xas long as short
Kraken Futures PF_HYPEUSD+0.0416%1h93.594+0.071%$20.9M$29.6M50xas long as short
RISEx HYPE/USDC+0.0559%1h93.553+0.027%$3.2M$6.4M20xas long as short