data as of
Settings8H · net · $10k
Funding arb /

HYPE

all HYPE markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC+0.0013%/8h
paid, last 24h+0.025%paid, last 7 days+0.119%to open and close $10k−$23
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX HYPE-USDT-SWAP93.2000.0087pay 0.0087% / 8h7h 22m$114.4M$314.8M50x
ShortBackpack HYPE_USDC_PERP93.2240.0100get 0.0013% / 1h22m 58s$8.2M$9.9M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$2.65
Slippage, 4 orders
−$3.2
Fee OKX: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$20.55
Break-even
61.2 days
Slippage from OKX: live order book, 3 min ago; Backpack: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.026%
Avg gap 7d
+0.229%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago0.05 bp5.6 bp −$67.4 bp −$7416.3 bp −$1,630doesn't fit
Sell Backpack live order book, 3 min ago0.05 bp6.5 bp −$78.3 bp −$8347.2 bp −$4,722doesn't fit

HYPE on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff HYPE-PERP−0.0080%1h$3K$30725xas long as short
Orderly PERP_HYPE_USDC−0.0004%4h$170K$357K20xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h$55K150xas long as short
Phemex HYPEUSDT+0.0038%8h$12.6M$2.4M50xas long as short
dYdX HYPE-USD+0.0044%1h$127K$26K5xas long as short
OKX HYPE-USDT-SWAPlong+0.0087%8h$114.4M$314.8M50x
Lighter RH HYPE+0.0096%1h$3.1M$12.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h$134K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h$40K$1.8M10xas long as short
Nado HYPE-PERP+0.0100%1h$5.5M$43.0M10xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster HYPEUSDT+0.0100%4h$8.9M$35.5M300xas long as short
Pacifica HYPE+0.0100%1h$11.3M$12.4M20xas long as short
Binance HYPEUSDT+0.0100%4h$391.4M$853.0M75xas long as short
Bybit HYPEUSDT+0.0100%8h$326.2M$286.4M75xas long as short
Ondo Perps HYPE-USD.P+0.0100%1h$701K$989K10xas long as short
Arcus HYPE-USD+0.0100%1h$1.2M$4.1M10xas long as short
Bulk HYPE-USD+0.0100%1h$204K$17K10xas long as short
Gate HYPE_USDT+0.0100%4h$44.1M$54.6M75xas long as short
MEXC HYPE_USDT+0.0100%4h$90.3M$88.2M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h$45.1M$20.0M75xas long as short
Bitget HYPEUSDT+0.0100%4h$228.6M$101.9M75xas long as short
BingX HYPE-USDT+0.0100%4h$52.7Mas long as short
Backpack HYPE_USDC_PERPshort+0.0100%1h$8.2M$9.9M20x
Variational Omni HYPE+0.0100%8h$29.0M$51.0Mas long as short
ApeX Omni HYPEUSDT+0.0100%1h$428K$929K50xas long as short
StandX HYPE-USD+0.0100%1h$672K$2.2M20xas long as short
Vest HYPE-PERP+0.0100%1h$407K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h$458K$2.4M20xas long as short
Bullet HYPE-USD+0.0100%1h$112K$579K20xas long as short
Derive HYPE-PERP+0.0100%1h$16.4M$7.3M10xas long as short
SunX HYPE-USDT+0.0100%4h$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h$2.0M$2.0M10xas long as short
Extended HYPE-USD+0.0104%1h$18.2M$42.4M50xas long as short
Aevo HYPE-PERP+0.0104%1h$396K$340K20xas long as short
Perpl HYPE+0.0112%43m$31K$352K10xas long as short
edgeX HYPEUSDC+0.0120%4h$5.1M$28.9M30xas long as short
Paradex HYPE-USD-PERP+0.0124%8h$338K$287K20xas long as short
Kalshi KXHYPEPERP+0.0124%8h$1.7M$4.8M2.3xas long as short
Hibachi HYPE/USDT-P+0.0128%1h$195K$232K7xas long as short
Coinbase International HYPE-PERP-INTX+0.0152%1h$5.0M$5.5M50xas long as short
01 Exchange HYPEUSD+0.0160%1h$91K$320K20xas long as short
Lighter HYPE+0.0168%1h$18.4M$57.7M20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0211%1h$7.4M$4.8M50xas long as short
Reya HYPERUSDPERP+0.0230%1h$73K$159K15xas long as short
Hyperliquid HYPE+0.0256%1h$2.02B$616.5M10xas long as short
Aftermath Perps HYPEUSD+0.0298%1h$22K$34K10xas long as short
BloFin HYPE-USDT+0.0340%4h$17.4M$12.0M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0355% / S −0.0175%1h$1.5M100xas long as short
Injective HYPE/USDC PERP+0.0356%1h$23K$256K12xas long as short
Phoenix HYPE+0.0386%1h$294K$1.0M10xas long as short
Kraken Futures PF_HYPEUSD+0.0409%1h$16.4M$20.8M50xas long as short
RISEx HYPE/USDC+0.0620%1h$2.5M$7.4M20xas long as short
HTX HYPE-USDT+0.0857%4h$1.5M$7.1M75xas long as short
Bluefin HYPE-PERP+0.3958%1h$73K$187K20xas long as short