Settings8H · net · $10k
Funding arb · Price arb /

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0005%/8h= +0.6% APRpaid last 24h −0.012%
Price spread now: Vest against Paradex−0.029%7-day average −0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.125%−$12 on $10k
Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.029%, 7d avg −0.019%
Together, before fees+0.044%+ Points / potential airdropParadex: Active · Vest: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex HYPE-USD-PERP93.6490.0095pay 0.0095% / 8h2h 47m$341K$162K20x
ShortVest HYPE-PERP93.6220.0100get 0.0013% / 1h47m 02s$243K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Paradex. 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

Funding earned
$1.1
Price spread: −0.029% → −0.019%
−$0.97
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Vest: 1 bp × 2 orders
−$2
Net
−$5.87
Costs to cover
0.060%
Break-even
44.3 days
Slippage unknown: Paradex: live order book, 2 min ago; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex live order book, 2 min ago3.73 bp5.7 bp −$610.8 bp −$108doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1824%1h93.555−0.101%$197K$232K7xas long as short
Aftermath Perps HYPEUSD−0.0376%1h93.567−0.088%$22K$21K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.617−0.034%$3K$33125xas long as short
Bullet HYPE-USD−0.0031%1h93.481−0.179%$111K$578K20xas long as short
Orderly PERP_HYPE_USDC−0.0030%4h93.473−0.188%$146K$663K20xas long as short
01 Exchange HYPEUSD−0.0024%1h93.557−0.098%$88K$366K20xas long as short
Ondo Perps HYPE-USD.P−0.0017%1h93.570−0.084%$704K$1.2M10xas long as short
dYdX HYPE-USD0.0000%1h93.630−0.020%$128K$29K5xas long as short
Perpl HYPE0.0000%43m93.553−0.102%$22K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.508−0.151%$62K150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus HYPE-USD+0.0011%1h93.534−0.123%$1.0M$3.9M10xas long as short
Bitget HYPEUSDT+0.0018%4h93.431−0.233%$226.1M$98.8M75xas long as short
Phemex HYPEUSDT+0.0020%8h93.486−0.174%$12.6M$2.7M50xas long as short
Bybit HYPEUSDT+0.0025%8h93.422−0.242%$317.7M$283.8M75xas long as short
Phoenix HYPE+0.0026%1h93.637−0.013%$209K$1.2M10xas long as short
edgeX HYPEUSDC+0.0093%4h93.500−0.159%$5.0M$30.0M30xas long as short
Paradex HYPE-USD-PERPlong+0.0095%8h93.649long leg$341K$162K20x
Lighter HYPE+0.0096%1h93.462−0.200%$16.1M$63.0M20xas long as short
Lighter RH HYPE+0.0096%1h93.474−0.187%$3.1M$11.4M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.540−0.116%$77K$1.1M50xas long as short
Katana Perps HYPE-USD+0.0099%8h93.540−0.116%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.590−0.062%$7.8M$48.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.499−0.160%$2.04B$667.8M10xas long as short
Aster HYPEUSDT+0.0100%4h93.471−0.190%$8.7M$36.4M300xas long as short
Pacifica HYPE+0.0100%1h93.623−0.028%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.440−0.223%$374.6M$911.4M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.432−0.232%$114.6M$309.3M50xas long as short
Bulk HYPE-USD+0.0100%1h93.614−0.037%$204K$3K10xas long as short
Gate HYPE_USDT+0.0100%4h93.447−0.216%$46.4M$54.0M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.434−0.229%$91.8M$80.3M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.495−0.164%$46.8M$18.7M75xas long as short
BingX HYPE-USDT+0.0100%4h93.426−0.238%$54.0Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.480−0.180%$7.3M$10.9M20xas long as short
Variational Omni HYPE+0.0100%8h93.6490.000%$28.7M$56.6Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.675+0.028%$7.6M$47.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.596−0.056%$343K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.699+0.054%$670K$2.9M20xas long as short
Vest HYPE-PERPshort+0.0100%1h93.622−0.029%$243K5x
Polymarket Perps HYPE-USD+0.0100%1h93.563−0.092%$490K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.468−0.193%$79K$166K20xas long as short
Derive HYPE-PERP+0.0100%1h93.457−0.205%$16.1M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h93.574−0.080%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.463−0.199%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.662+0.014%$1.4M$6.4M75xas long as short
Extended HYPE-USD+0.0104%1h93.436−0.227%$18.2M$43.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.470−0.191%$395K$161K20xas long as short
Kalshi KXHYPEPERP+0.0113%8h93.624−0.027%$1.8M$5.6M2.3xas long as short
Injective HYPE/USDC PERP+0.0122%1h93.560−0.095%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.550−0.106%$4.8M$5.6M50xas long as short
Reya HYPERUSDPERP+0.0268%1h93.528−0.129%$80K$131K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.505−0.154%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.441−0.222%$16.8M$11.9M75xas long as short
Kraken Futures PF_HYPEUSD+0.0341%1h93.520−0.138%$20.8M$29.6M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0413%1h93.566−0.089%$7.5M$4.0M50xas long as short
RISEx HYPE/USDC+0.0527%1h93.624−0.026%$3.2M$6.3M20xas long as short