HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0099%/8h= −10.9% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Pacifica+0.025%7-day average −0.014% · you sell dearer than you buy

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

Long on Pacifica Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.102%−$10 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now +0.025%, 7d avg −0.014%

Together, before fees−0.046%+ Points / potential airdropPacifica: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. gTrade (Gains Network) is 0.039% dearer against Pacifica than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.014%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica HYPE	95.168	0.0100	pay 0.0013% / 1h	52m 18s	$10.3M	$13.3M	20x
Short	gTrade (Gains Network) HYPE/USD	95.192	L +0.0002% / S −0.0001%	get 0.0000% / 1h	52m 18s	$100K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.025%Rate

Funding earned: −$20.85
Price spread: +0.025% → −0.014%: $3.85
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$35
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 5 min ago; gTrade (Gains Network): 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, 5 min ago	0.05 bp	4.2 bp −$4	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 exchanges

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	−0.1168%	1h	95.197	+0.030%	$213K	$261K	7x	as long as short
Phemex HYPEUSDT	−0.0274%	8h	95.208	+0.042%	$13.0M	$2.5M	50x	as long as short
Kraken Futures PF_HYPEUSD	−0.0251%	1h	95.177	+0.009%	$18.5M	$35.2M	50x	as long as short
Ondo Perps HYPE-USD.P	−0.0185%	1h	95.040	−0.134%	$690K	$1.3M	10x	as long as short
Arcus HYPE-USD	−0.0130%	1h	95.124	−0.046%	$1.1M	$2.4M	10x	as long as short
Aftermath Perps HYPEUSD	−0.0125%	1h	95.236	+0.072%	$22K	$17K	10x	as long as short
Lighter HYPE	−0.0104%	1h	95.146	−0.024%	$16.3M	$57.5M	20x	as long as short
01 Exchange HYPEUSD	−0.0104%	1h	95.140	−0.029%	$92K	$337K	20x	as long as short
Bullet HYPE-USD	−0.0087%	1h	95.180	+0.012%	$114K	$581K	20x	as long as short
Gate HYPE_USDT	−0.0082%	4h	95.157	−0.012%	$54.7M	$53.1M	75x	as long as short

Show all 54 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff HYPE-PERP	−0.0080%	1h	95.191	+0.024%	$3K	$331	25x	as long as short
Coinbase International HYPE-PERP-INTX	−0.0056%	1h	95.130	−0.040%	$4.7M	$5.6M	50x	as long as short
Orderly PERP_HYPE_USDC	−0.0043%	4h	95.115	−0.056%	$148K	$643K	20x	as long as short
Aster HYPEUSDT	−0.0036%	4h	95.153	−0.016%	$9.0M	$32.9M	300x	as long as short
OKX HYPE-USDT-SWAP	−0.0012%	8h	95.136	−0.034%	$119.2M	$302.9M	50x	as long as short
Phoenix HYPE	−0.0008%	1h	95.326	+0.166%	$201K	$1.1M	10x	as long as short
Popdex HYPEUSDT	−0.0008%	1h	95.143	−0.026%	$274K	$1.0M	50x	as long as short
dYdX HYPE-USD	0.0000%	1h	95.169	+0.001%	$129K	$94K	5x	as long as short
Perpl HYPE	0.0000%	43m	95.139	−0.030%	$24K	$251K	10x	as long as short
gTrade (Gains Network) HYPE/USDshort	L +0.0002% / S −0.0001%	1h	95.192	+0.025%	$100K	—	150x
SoDEX HYPE-USD	+0.0010%	1h	95.152	−0.017%	$2.1M	$373K	10x	as long as short
Bitget HYPEUSDT	+0.0018%	4h	95.165	−0.003%	$228.7M	$86.9M	75x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0023%	1h	95.251	+0.087%	$7.5M	$4.3M	50x	as long as short
Bybit HYPEUSDT	+0.0026%	8h	95.151	−0.018%	$320.5M	$266.0M	75x	as long as short
Bulk HYPE-USD	+0.0074%	1h	95.269	+0.106%	$232K	$12K	10x	as long as short
Paradex HYPE-USD-PERP	+0.0075%	8h	95.119	−0.051%	$339K	$35K	20x	as long as short
Bluefin HYPE-PERP	+0.0079%	1h	95.172	+0.004%	$79K	$135K	20x	as long as short
Binance HYPEUSDT	+0.0086%	4h	95.143	−0.026%	$382.5M	$853.1M	75x	as long as short
MEXC HYPE_USDT	+0.0092%	4h	95.177	+0.009%	$90.3M	$83.1M	100x	as long as short
edgeX HYPEUSDC	+0.0092%	4h	95.253	+0.089%	$5.1M	$29.1M	30x	as long as short
Lighter RH HYPE	+0.0096%	1h	95.177	+0.009%	$3.3M	$10.0M	20x	as long as short
Katana Perps HYPE-USD	+0.0099%	8h	95.120	−0.050%	$39K	$1.5M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	95.095	−0.077%	$7.4M	$51.9M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	95.260	+0.097%	$2.11B	$645.7M	10x	as long as short
Pacifica HYPElong	+0.0100%	1h	95.168	long leg	$10.3M	$13.3M	20x
KuCoin HYPEUSDTM	+0.0100%	4h	95.139	−0.030%	$48.1M	$17.6M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	95.183	+0.016%	—	$49.3M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	95.201	+0.035%	$7.9M	$10.4M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	95.251	+0.087%	$30.0M	$53.1M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	95.290	+0.128%	$7.7M	$39.6M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	95.279	+0.117%	$347K	$882K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	95.216	+0.050%	$693K	$2.8M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	95.224	+0.058%	—	$80K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	95.187	+0.020%	$504K	$2.5M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	95.245	+0.081%	$33K	$1.4M	20x	as long as short
HTX HYPE-USDT	+0.0100%	4h	95.284	+0.122%	$1.4M	$5.4M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	95.133	−0.037%	$18.4M	$39.7M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	95.173	+0.005%	$402K	$130K	20x	as long as short
Kalshi KXHYPEPERP	+0.0124%	8h	95.233	+0.068%	$1.8M	$5.1M	2.3x	as long as short
RISEx HYPE/USDC	+0.0133%	1h	95.181	+0.014%	$3.2M	$5.5M	20x	as long as short
Reya HYPERUSDPERP	+0.0270%	1h	95.128	−0.042%	$85K	$96K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0330% / S −0.0155%	1h	95.199	+0.033%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0336%	4h	95.165	−0.003%	$17.3M	$11.5M	75x	as long as short
Injective HYPE/USDC PERP	+0.0969%	1h	95.500	+0.349%	$31K	$334K	12x	as long as short