Funding you earn now, next payment 06:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.032%
Price spread now: ApeX Omni against Ondo Perps+0.080%7-day average −0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 7 days−0.082%−$8 · spread now +0.080%, 7d avg −0.013%
=Together, before fees+0.055%+ Points / potential airdropOndo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.092% dearer against Ondo Perps than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps HYPE-USD.P | 94.300 | 0.0067 | pay 0.0008% / 1h | 5m 19s | $711K | $1.2M | 10x |
| Short | ApeX Omni HYPEUSDT | 94.375 | 0.0100 | get 0.0013% / 1h | 5m 19s | $345K | $1.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.89
- Price spread: +0.080% → −0.013%
- $9.22
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $1.11
- Costs to cover
- 0.150%
- Break-even
- 5.9 days
Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 4 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 4 min ago | 2.49 bp | 7.6 bp −$8 | 10.5 bp −$105 | doesn't fit | doesn't fit |
Ondo Perps: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1304% | 1h | 94.273 | −0.029% | $200K | $239K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0338% | 1h | 94.298 | −0.002% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.427 | +0.135% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0014% | 4h | 94.309 | +0.010% | $150K | $681K | 20x | as long as short |
| Bullet HYPE-USD | −0.0001% | 1h | 94.333 | +0.035% | $112K | $580K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.351 | +0.055% | $129K | $29K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 94.334 | +0.036% | $87K | $372K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.362 | +0.065% | $22K | $291K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 94.343 | +0.045% | $63K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 94.302 | +0.002% | $1.0M | $4.0M | 10x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX HYPE-USDT | +0.0016% | 4h | 94.335 | +0.037% | — | $53.7M | — | as long as short |
| Bybit HYPEUSDT | +0.0021% | 8h | 94.292 | −0.008% | $318.6M | $286.9M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 94.438 | +0.146% | $211K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0030% | 8h | 94.323 | +0.024% | $12.8M | $2.8M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0034% | 4h | 94.319 | +0.020% | $227.5M | $99.4M | 75x | as long as short |
| Ondo Perps HYPE-USD.Plong | +0.0067% | 1h | 94.300 | long leg | $711K | $1.2M | 10x | |
| edgeX HYPEUSDC | +0.0092% | 4h | 94.364 | +0.068% | $5.0M | $30.4M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 94.371 | +0.076% | $343K | $158K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.327 | +0.029% | $16.4M | $63.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.341 | +0.043% | $3.2M | $11.7M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.313 | +0.014% | $78K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.290 | −0.011% | $30K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.340 | +0.043% | $7.2M | $49.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.425 | +0.133% | $2.07B | $679.5M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.359 | +0.063% | $8.8M | $36.6M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.403 | +0.110% | $10.2M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.339 | +0.041% | $379.2M | $925.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 94.285 | −0.016% | $116.5M | $317.7M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.331 | +0.033% | $48.2M | $55.8M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.327 | +0.029% | $90.1M | $82.6M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.330 | +0.032% | $46.6M | $18.9M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.450 | +0.159% | $7.3M | $10.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.388 | +0.094% | $28.9M | $56.5M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.427 | +0.134% | $7.7M | $48.2M | 10x | as long as short |
| ApeX Omni HYPEUSDTshort | +0.0100% | 1h | 94.375 | +0.080% | $345K | $1.0M | 50x | |
| StandX HYPE-USD | +0.0100% | 1h | 94.424 | +0.131% | $676K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.406 | +0.112% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.328 | +0.030% | $479K | $2.8M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 94.311 | +0.012% | $80K | $167K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 94.295 | −0.005% | $16.3M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.447 | +0.156% | $33K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.316 | +0.017% | $2.1M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.550 | +0.265% | $1.4M | $6.6M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.197 | −0.109% | $217K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.274 | −0.028% | $18.2M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.312 | +0.013% | $399K | $159K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 94.610 | +0.329% | $31K | $339K | 12x | as long as short |
| Kalshi KXHYPEPERP | +0.0123% | 8h | 94.472 | +0.182% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 94.460 | +0.170% | $4.7M | $6.1M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0163% | 1h | 94.381 | +0.086% | $7.5M | $4.1M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0270% | 1h | 94.305 | +0.006% | $78K | $130K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0154% | 1h | 94.340 | +0.043% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0337% | 1h | 94.401 | +0.107% | $21.0M | $29.6M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.335 | +0.037% | $16.8M | $12.3M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 94.356 | +0.059% | $3.2M | $6.3M | 20x | as long as short |
ApeX Omni HYPEUSDT
Aftermath Perps HYPEUSD
Bullet HYPE-USD
01 Exchange HYPEUSD
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
Bitget HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Injective HYPE/USDC PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
RISEx HYPE/USDC