Funding you earn now, next payment 23:29 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.013%
Price spread now: Binance against Perpl−0.054%7-day average −0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 3 days (all we have)−0.164%−$16 · spread now −0.054%, 7d avg −0.008%
=Together, before fees−0.031%+ Points / potential airdropPerpl: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.047% cheaper against Perpl than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of −0.008%). If the spread goes back, that is −$5 on $10k: about 2.8 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl HYPE | 93.577 | 0 | get 0.0000% / 43m | 22m 15s | $23K | $329K | 10x |
| Short | Binance HYPEUSDT | 93.526 | 0.0056 | get 0.0028% / 4h | 26m 15s | $382.2M | $895.5M | 75x |
Perpl HYPE
Binance HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Perpl. 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
- $11.68
- Price spread: −0.054% → −0.008%
- −$4.68
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$16.8
- Costs to cover
- 0.238%
- Break-even
- 17.1 days
Slippage unknown: Perpl: no order-book sample; Binance: live order book, 3 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 0.05 bp | 6.0 bp −$6 | 9.2 bp −$92 | 15.8 bp −$1,580 | 31.9 bp −$15.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.0904% | 1h | 93.545 | −0.035% | $198K | $229K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0376% | 1h | 93.683 | +0.113% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.480 | −0.104% | $1.2M | $3.8M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.592 | +0.016% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0070% | 1h | 93.550 | −0.029% | $703K | $910K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0048% | 1h | 93.525 | −0.056% | $86K | $366K | 20x | as long as short |
| Derive HYPE-PERP | −0.0017% | 1h | 93.462 | −0.123% | $16.3M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.663 | +0.091% | $127K | $30K | 5x | as long as short |
| Perpl HYPElong | 0.0000% | 43m | 93.577 | long leg | $23K | $329K | 10x | |
| Orderly PERP_HYPE_USDC | +0.0002% | 4h | 93.540 | −0.040% | $166K | $583K | 20x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Derive HYPE-PERP
dYdX HYPE-USD
Orderly PERP_HYPE_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.554 | −0.025% | $26K | — | 150x | as long as short |
| Phoenix HYPE | +0.0009% | 1h | 93.687 | +0.117% | $214K | $1.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0013% | 4h | 93.575 | −0.003% | $8.9M | $36.0M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0018% | 8h | 93.510 | −0.072% | $321.3M | $283.3M | 75x | as long as short |
| Binance HYPEUSDTshort | +0.0056% | 4h | 93.526 | −0.054% | $382.2M | $895.5M | 75x | |
| MEXC HYPE_USDT | +0.0056% | 4h | 93.542 | −0.038% | $87.7M | $81.8M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0064% | 4h | 93.635 | +0.062% | $5.1M | $29.7M | 30x | as long as short |
| Phemex HYPEUSDT | +0.0070% | 8h | 93.537 | −0.043% | $12.7M | $2.6M | 50x | as long as short |
| Gate HYPE_USDT | +0.0084% | 4h | 93.531 | −0.049% | $43.9M | $59.1M | 75x | as long as short |
| Bullet HYPE-USD | +0.0090% | 1h | 93.531 | −0.050% | $113K | $577K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.638 | +0.065% | $18.8M | $60.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.539 | −0.041% | $3.0M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.545 | −0.034% | $64K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.527 | −0.053% | $398K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.597 | +0.022% | $340K | $171K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.540 | −0.040% | $43K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.605 | +0.030% | $5.7M | $44.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.610 | +0.035% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.505 | −0.077% | $115.2M | $319.9M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.625 | +0.051% | $204K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.558 | −0.020% | $46.4M | $18.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.519 | −0.062% | $226.5M | $102.6M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.515 | −0.066% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.639 | +0.066% | $7.8M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.574 | −0.003% | $31.2M | $54.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.632 | +0.058% | $7.6M | $45.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.646 | +0.074% | $346K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.611 | +0.036% | $677K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.603 | +0.028% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.560 | −0.018% | $490K | $2.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.510 | −0.072% | $76K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.567 | −0.011% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.511 | −0.071% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.890% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.494 | −0.089% | $18.3M | $42.8M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0132% | 8h | 93.660 | +0.089% | $1.9M | $5.0M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.550 | −0.029% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0211% | 4h | 93.712 | +0.144% | $1.5M | $7.8M | 75x | as long as short |
| Hyperliquid HYPE | +0.0213% | 1h | 93.599 | +0.023% | $2.03B | $676.5M | 10x | as long as short |
| BloFin HYPE-USDT | +0.0229% | 4h | 93.600 | +0.024% | $17.1M | $12.6M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0249% | 1h | 93.529 | −0.051% | $77K | $142K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.601 | +0.026% | $2.8M | $6.9M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0337% / S −0.0163% | 1h | 93.549 | −0.030% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0381% | 1h | 93.619 | +0.045% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0580% | 1h | 93.608 | +0.033% | $20.9M | $29.5M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Aster HYPEUSDT
Bybit HYPEUSDT
MEXC HYPE_USDT
edgeX HYPEUSDC
Phemex HYPEUSDT
Gate HYPE_USDT
Bullet HYPE-USD
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
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
Injective HYPE/USDC PERP
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Hyperliquid HYPE
BloFin HYPE-USDT
Reya HYPERUSDPERP
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD