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

HYPE

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h +0.009%
Price spread now: Aster against OKX+0.002%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$230.229% of the position
Long on OKXShort on Aster
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 7 days+0.003%$0 · spread now +0.002%, 7d avg +0.004%
Together, before fees+0.032%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX HYPE-USDT-SWAP93.2910.0100pay 0.0100% / 8h2h 08m$114.6M$315.0M50x
ShortAster HYPEUSDT93.2930.0009get 0.0005% / 4h2h 08m$8.9M$35.8M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
−$19.04
Price spread: +0.002% → +0.004%
−$0.16
Slippage, 4 orders
−$4.91
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$42.11
Costs to cover
0.229%
Break-even
never at this rate
Slippage from OKX: live order book, 6 min ago; Aster: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 6 min ago0.05 bp5.6 bp −$69.0 bp −$9016.6 bp −$1,664doesn't fit
Sell Aster live order book, 6 min ago0.91 bp4.9 bp −$56.3 bp −$6315.2 bp −$1,517doesn't fit

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−0.0896%1h93.344+0.057%$197K$233K7xas long as short
Aftermath Perps HYPEUSD−0.0254%1h93.424+0.143%$22K$22K10xas long as short
Ondo Perps HYPE-USD.P−0.0230%1h93.240−0.055%$700K$931K10xas long as short
01 Exchange HYPEUSD−0.0080%1h93.323+0.034%$90K$356K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.296+0.005%$3K$33125xas long as short
Derive HYPE-PERP−0.0025%1h93.232−0.064%$16.4M$7.1M10xas long as short
Bullet HYPE-USD−0.0022%1h93.304+0.014%$110K$580K20xas long as short
dYdX HYPE-USD0.0000%1h93.383+0.099%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.278−0.014%$23K$334K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.340+0.053%$20K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDTshort+0.0009%4h93.293+0.002%$8.9M$35.8M300x
Bybit HYPEUSDT+0.0029%8h93.2910.000%$324.9M$287.2M75xas long as short
Gate HYPE_USDT+0.0030%4h93.293+0.002%$43.9M$57.8M75xas long as short
Popdex HYPEUSDT+0.0032%1h93.305+0.015%$58K$1.2M50xas long as short
Orderly PERP_HYPE_USDC+0.0054%4h93.327+0.039%$165K$539K20xas long as short
Phoenix HYPE+0.0068%1h93.605+0.337%$216K$1.2M10xas long as short
SoDEX HYPE-USD+0.0091%1h93.267−0.026%$2.0M$2.0M10xas long as short
Lighter HYPE+0.0096%1h93.344+0.056%$18.6M$59.9M20xas long as short
Lighter RH HYPE+0.0096%1h93.333+0.045%$3.1M$12.4M20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.323+0.034%$339K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.320+0.031%$37K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.305+0.014%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.396+0.113%$2.03B$670.5M10xas long as short
Pacifica HYPE+0.0100%1h93.321+0.032%$10.0M$14.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.304+0.014%$385.1M$889.8M75xas long as short
OKX HYPE-USDT-SWAPlong+0.0100%8h93.291long leg$114.6M$315.0M50x
Arcus HYPE-USD+0.0100%1h93.284−0.008%$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.285−0.006%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.304+0.014%$93.1M$82.4M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.308+0.018%$46.1M$18.8M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.317+0.028%$226.7M$102.6M75xas long as short
BingX HYPE-USDT+0.0100%4h93.294+0.003%—$54.1M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.305+0.015%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.263−0.030%$29.1M$50.2M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.311+0.021%$7.5M$45.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.267−0.026%$405K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.324+0.035%$675K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.330+0.041%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.341+0.054%$493K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.276−0.016%$75K$168K20xas long as short
SunX HYPE-USDT+0.0100%4h93.354+0.068%$32K$1.6M20xas long as short
Phemex HYPEUSDT+0.0100%8h93.321+0.032%$12.7M$2.6M50xas long as short
Kalshi KXHYPEPERP+0.0104%8h93.377+0.092%$1.9M$5.2M2.3xas long as short
Extended HYPE-USD+0.0104%1h93.295+0.004%$18.3M$41.4M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.300+0.010%$397K$318K20xas long as short
edgeX HYPEUSDC+0.0115%4h93.290−0.001%$5.1M$29.4M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.390+0.106%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0246%1h93.304+0.014%$78K$158K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.910+0.664%$31K$291K12xas long as short
HTX HYPE-USDT+0.0292%4h93.462+0.183%$1.5M$7.7M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0165%1h93.346+0.059%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.271−0.021%$17.1M$12.4M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0404%1h93.402+0.119%$7.4M$4.6M50xas long as short
RISEx HYPE/USDC+0.0467%1h93.369+0.084%$2.7M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0574%1h93.415+0.133%$19.1M$26.2M50xas long as short