Funding you earn now, next payment 02:00 UTC+0.0071%/8h= +7.8% APRnext payment +$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: dYdX against Ondo Perps+0.108%7-day average +0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.108%, 7d avg +0.084%
=Together, before fees−0.084%+ Points / potential airdropOndo Perps: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and dYdX is 0.024% dearer against Ondo Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps HYPE-USD.P | 93.650 | −0.0071 | get 0.0009% / 1h | 15m 33s | $701K | $921K | 10x |
| Short | dYdX HYPE-USD | 93.751 | 0 | get 0.0000% / 1h | 15m 33s | $129K | $31K | 5x |
Ondo Perps HYPE-USD.P
dYdX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $14.95
- Price spread: +0.108% → +0.084%
- $2.39
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $2.34
- Costs to cover
- 0.150%
- Break-even
- 5.9 days
Slippage unknown: Ondo Perps: no order-book sample; dYdX: live order book, 53 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 dYdX live order book, 53 min ago | 25.82 bp | 30.8 bp −$31 | 37.7 bp −$377 | 143.0 bp −$14.3K | 1105.7 bp −$552.9K |
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 54 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 | −0.1056% | 1h | 93.599 | −0.054% | $197K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.612 | −0.041% | $1.2M | $3.8M | 10x | as long as short |
| Phemex HYPEUSDT | −0.0124% | 8h | 93.726 | +0.081% | $12.7M | $2.7M | 50x | as long as short |
| Aftermath Perps HYPEUSD | −0.0082% | 1h | 93.779 | +0.137% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.733 | +0.089% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.Plong | −0.0071% | 1h | 93.650 | long leg | $701K | $921K | 10x | |
| Orderly PERP_HYPE_USDC | −0.0056% | 4h | 93.727 | +0.082% | $156K | $646K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0048% | 1h | 93.708 | +0.062% | $85K | $349K | 20x | as long as short |
| Backpack HYPE_USDC_PERP | −0.0028% | 1h | 93.714 | +0.068% | $7.7M | $10.3M | 20x | as long as short |
| Gate HYPE_USDT | −0.0008% | 4h | 93.726 | +0.081% | $44.4M | $55.2M | 75x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Phemex HYPEUSDT
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
Backpack HYPE_USDC_PERP
Gate HYPE_USDTShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | −0.0002% | 4h | 93.747 | +0.104% | $8.9M | $35.8M | 300x | as long as short |
| dYdX HYPE-USDshort | 0.0000% | 1h | 93.751 | +0.108% | $129K | $31K | 5x | |
| Perpl HYPE | 0.0000% | 43m | 93.707 | +0.061% | $22K | $325K | 10x | as long as short |
| BingX HYPE-USDT | +0.0002% | 4h | 93.722 | +0.077% | — | $53.6M | — | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.770 | +0.129% | $26K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0010% | 8h | 93.688 | +0.041% | $321.6M | $279.9M | 75x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.766 | +0.124% | $213K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0068% | 4h | 93.722 | +0.077% | $89.0M | $83.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0070% | 4h | 93.704 | +0.058% | $381.5M | $888.8M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0071% | 8h | 93.730 | +0.085% | $115.3M | $307.6M | 50x | as long as short |
| Bullet HYPE-USD | +0.0073% | 1h | 93.767 | +0.125% | $112K | $577K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0085% | 4h | 93.690 | +0.043% | $5.1M | $30.0M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.755 | +0.112% | $16.4M | $62.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.737 | +0.093% | $3.1M | $11.9M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.692 | +0.045% | $67K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.752 | +0.109% | $399K | $175K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0096% | 8h | 93.846 | +0.209% | $341K | $164K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.710 | +0.064% | $21K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.724 | +0.079% | $5.7M | $44.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.819 | +0.180% | $2.05B | $666.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.750 | +0.107% | $10.1M | $14.7M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.760 | +0.117% | $204K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.757 | +0.114% | $46.4M | $18.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.726 | +0.081% | $227.0M | $98.2M | 75x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.718 | +0.072% | $31.2M | $54.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.737 | +0.093% | $7.6M | $47.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.706 | +0.060% | $339K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.802 | +0.162% | $669K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.769 | +0.127% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.758 | +0.115% | $476K | $2.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.730 | +0.085% | $79K | $170K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.723 | +0.078% | $16.3M | $7.7M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.850 | +0.214% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.737 | +0.093% | $2.0M | $1.9M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.701 | +0.054% | $18.3M | $44.0M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.870 | +0.235% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 93.610 | −0.043% | $30K | $339K | 12x | as long as short |
| HTX HYPE-USDT | +0.0191% | 4h | 93.900 | +0.267% | $1.4M | $5.9M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0210% | 1h | 93.794 | +0.154% | $3.2M | $7.0M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0255% | 1h | 93.724 | +0.079% | $80K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0280% | 8h | 93.796 | +0.156% | $1.9M | $4.9M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0156% | 1h | 93.771 | +0.129% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0411% | 1h | 93.844 | +0.207% | $7.4M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0680% | 1h | 93.825 | +0.187% | $21.0M | $29.8M | 50x | as long as short |
Aster HYPEUSDT
Perpl HYPE
BingX HYPE-USDT
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bullet HYPE-USD
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
RISEx HYPE/USDC
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD