Funding you earn now, next payment 22:46 UTC+0.0130%/8h= +14.2% APRpaid last 24h +0.001%
Price spread now: Perpl against Ondo Perps+0.092%7-day average +0.101% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 3 days (all we have)+0.326%+$33 · spread now +0.092%, 7d avg +0.101%
=Together, before fees+0.298%+ Points / potential airdropOndo Perps: Active · Perpl: Active · farm board+$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.101%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps HYPE-USD.P | 93.160 | −0.0130 | get 0.0016% / 1h | 7m 26s | $699K | $895K | 10x |
| Short | Perpl HYPE | 93.246 | 0 | get 0.0000% / 43m | 20m 26s | $23K | $330K | 10x |
Ondo Perps HYPE-USD.P
Perpl HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $27.22
- Price spread: +0.092% → +0.101%
- −$0.82
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $7.59
- Costs to cover
- 0.188%
- Break-even
- 5.0 days
Slippage unknown: Ondo Perps: no order-book sample; Perpl: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Perpl no order-book sample | — | — | — | — | — |
Ondo Perps and Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0476% | 1h | 93.219 | +0.064% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0408% | 1h | 93.255 | +0.102% | $197K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.134 | −0.028% | $1.2M | $3.9M | 10x | as long as short |
| Ondo Perps HYPE-USD.Plong | −0.0130% | 1h | 93.160 | long leg | $699K | $895K | 10x | |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.192 | +0.034% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.269 | +0.117% | $90K | $358K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.227 | +0.072% | $127K | $32K | 5x | as long as short |
| Perpl HYPEshort | 0.0000% | 43m | 93.246 | +0.092% | $23K | $330K | 10x | |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.272 | +0.120% | $27K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0003% | 4h | 93.225 | +0.069% | $8.9M | $35.7M | 300x | as long as short |
Aftermath Perps HYPEUSD
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
dYdX HYPE-USD
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex HYPEUSDT | +0.0008% | 1h | 93.241 | +0.087% | $58K | $1.2M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0016% | 4h | 93.253 | +0.100% | $176K | $524K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0020% | 8h | 93.240 | +0.086% | $323.1M | $282.2M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.306 | +0.157% | $214K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | +0.0047% | 1h | 93.248 | +0.094% | $111K | $577K | 20x | as long as short |
| Derive HYPE-PERP | +0.0050% | 1h | 93.190 | +0.032% | $16.3M | $7.0M | 10x | as long as short |
| Gate HYPE_USDT | +0.0058% | 4h | 93.244 | +0.090% | $44.0M | $58.8M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0060% | 4h | 93.253 | +0.100% | $90.1M | $82.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0061% | 4h | 93.236 | +0.082% | $382.7M | $887.0M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0080% | 4h | 93.250 | +0.097% | $5.1M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.246 | +0.092% | $18.6M | $59.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.235 | +0.081% | $3.1M | $12.2M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.229 | +0.074% | $397K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.192 | +0.034% | $338K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.260 | +0.107% | $35K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.193 | +0.036% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.279 | +0.128% | $2.03B | $661.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.221 | +0.065% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.234 | +0.079% | $114.1M | $312.2M | 50x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.266 | +0.114% | $47.0M | $18.5M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.267 | +0.115% | $226.2M | $102.7M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.241 | +0.087% | — | $53.7M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.258 | +0.105% | $7.8M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.212 | +0.056% | $30.8M | $51.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.317 | +0.169% | $7.5M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.303 | +0.153% | $415K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.252 | +0.099% | $674K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.276 | +0.124% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.261 | +0.108% | $493K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.255 | +0.102% | $76K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.281 | +0.130% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.230 | +0.075% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.288 | +0.137% | $12.7M | $2.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.280 | +0.129% | $204K | $8K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.146 | −0.015% | $18.2M | $41.6M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0118% | 8h | 93.365 | +0.220% | $1.9M | $5.2M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.260 | +0.107% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0220% | 4h | 93.396 | +0.253% | $1.5M | $7.7M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.530 | +0.397% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0247% | 1h | 93.245 | +0.091% | $77K | $159K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0250% | 4h | 93.270 | +0.118% | $16.9M | $12.4M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.288 | +0.137% | $2.7M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.260 | +0.108% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0361% | 1h | 93.326 | +0.178% | $7.4M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0465% | 1h | 93.341 | +0.195% | $20.9M | $28.9M | 50x | as long as short |
Popdex HYPEUSDT
Orderly PERP_HYPE_USDC
Bybit HYPEUSDT
Phoenix HYPE
Bullet HYPE-USD
Derive HYPE-PERP
Gate HYPE_USDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Bulk HYPE-USD
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
BloFin HYPE-USDT
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD