HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0390%/8h= −42.7% APRnext payment −$0.49 per $10,000 · paid last 24h −0.053%

Price spread now: Aftermath Perps against Pacifica−0.215%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aftermath Perps is 0.215% cheaper against Pacifica than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica HYPE	94.846	0.0100	pay 0.0013% / 1h	53m 39s	$10.2M	$14.8M	20x
Short	Aftermath Perps HYPEUSD	94.642	−0.0290	pay 0.0036% / 1h	53m 39s	$22K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee Aftermath PerpsbpOrdersPrice spread, now −0.215%Rate

Funding earned: −$81.83
Price spread: −0.215% → 0.000%: −$21.5
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$120.33
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, just now; Aftermath Perps: 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 Pacifica live order book, just now	0.05 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath 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	−0.1440%	1h	94.577	−0.284%	$207K	$267K	7x	as long as short
Bluefin HYPE-PERP	−0.0319%	1h	94.724	−0.128%	$80K	$151K	20x	as long as short
Phemex HYPEUSDT	−0.0317%	8h	94.705	−0.148%	$12.9M	$2.9M	50x	as long as short
Aftermath Perps HYPEUSDshort	−0.0290%	1h	94.642	−0.215%	$22K	$20K	10x
Bullet HYPE-USD	−0.0166%	1h	94.742	−0.109%	$112K	$575K	20x	as long as short
Arcus HYPE-USD	−0.0112%	1h	94.789	−0.060%	$1.0M	$3.5M	10x	as long as short
Ondo Perps HYPE-USD.P	−0.0086%	1h	94.600	−0.259%	$714K	$1.2M	10x	as long as short
01 Exchange HYPEUSD	−0.0080%	1h	94.853	+0.008%	$88K	$364K	20x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	94.756	−0.095%	$3K	$331	25x	as long as short
Kraken Futures PF_HYPEUSD	−0.0047%	1h	94.771	−0.079%	$20.3M	$30.3M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_HYPE_USDC	−0.0007%	4h	94.713	−0.140%	$147K	$685K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	94.808	−0.040%	$130K	$94K	5x	as long as short
Kalshi KXHYPEPERP	0.0000%	8h	94.850	+0.004%	$1.9M	$5.5M	2.3x	as long as short
Phoenix HYPE	0.0000%	1h	94.723	−0.129%	$210K	$1.2M	10x	as long as short
Perpl HYPE	0.0000%	43m	94.737	−0.115%	$19K	$285K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S 0.0000%	1h	94.763	−0.088%	$124K	—	150x	as long as short
Bitget HYPEUSDT	+0.0012%	4h	94.789	−0.060%	$227.3M	$99.7M	75x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0016%	1h	94.680	−0.175%	$4.7M	$6.2M	50x	as long as short
Derive HYPE-PERP	+0.0022%	1h	94.691	−0.163%	$16.4M	$7.4M	10x	as long as short
Paradex HYPE-USD-PERP	+0.0050%	8h	94.831	−0.015%	$339K	$154K	20x	as long as short
OKX HYPE-USDT-SWAP	+0.0063%	8h	94.792	−0.057%	$118.2M	$327.3M	50x	as long as short
Vest HYPE-PERP	+0.0068%	1h	94.782	−0.067%	—	$190K	5x	as long as short
Lighter HYPE	+0.0080%	1h	94.817	−0.030%	$16.3M	$61.7M	20x	as long as short
Bybit HYPEUSDT	+0.0085%	8h	94.797	−0.051%	$318.5M	$288.7M	75x	as long as short
edgeX HYPEUSDC	+0.0093%	4h	94.691	−0.163%	$5.0M	$30.6M	30x	as long as short
Lighter RH HYPE	+0.0096%	1h	94.815	−0.032%	$3.2M	$10.2M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	94.743	−0.108%	$143K	$1.2M	50x	as long as short
SoDEX HYPE-USD	+0.0099%	1h	94.730	−0.122%	$2.1M	$1.9M	10x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	94.780	−0.069%	$28K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	94.726	−0.126%	$7.3M	$52.7M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	94.872	+0.028%	$2.09B	$687.9M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	94.795	−0.053%	$9.6M	$37.6M	300x	as long as short
Pacifica HYPElong	+0.0100%	1h	94.846	long leg	$10.2M	$14.8M	20x
Binance HYPEUSDT	+0.0100%	4h	94.811	−0.037%	$380.7M	$933.9M	75x	as long as short
Bulk HYPE-USD	+0.0100%	1h	94.685	−0.170%	$219K	$12K	10x	as long as short
Gate HYPE_USDT	+0.0100%	4h	94.798	−0.050%	$50.9M	$53.6M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	94.813	−0.035%	$93.6M	$84.7M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	94.783	−0.066%	$46.9M	$18.9M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	94.793	−0.056%	—	$53.1M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	94.702	−0.152%	$7.6M	$10.6M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	94.549	−0.312%	$29.9M	$55.9M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	94.625	−0.233%	$7.6M	$44.6M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	94.574	−0.286%	$351K	$1.1M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	94.668	−0.187%	$693K	$2.7M	20x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	94.800	−0.048%	$500K	$2.8M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	94.834	−0.012%	$32K	$1.6M	20x	as long as short
HTX HYPE-USDT	+0.0100%	4h	94.850	+0.004%	$1.4M	$6.9M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	94.768	−0.082%	$18.4M	$43.1M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	94.779	−0.071%	$401K	$153K	20x	as long as short
RISEx HYPE/USDC	+0.0133%	1h	94.850	+0.004%	$3.2M	$6.4M	20x	as long as short
Injective HYPE/USDC PERP	+0.0153%	1h	94.480	−0.386%	$31K	$339K	12x	as long as short
Reya HYPERUSDPERP	+0.0272%	1h	94.727	−0.125%	$83K	$118K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0327% / S −0.0152%	1h	94.789	−0.060%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	94.671	−0.184%	$15.8M	$12.4M	75x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0373%	1h	94.834	−0.012%	$7.5M	$4.4M	50x	as long as short