Funding you earn now, next payment 02:22 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.021%
Price spread now: Pacifica against Perpl+0.058%7-day average +0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.605%−$61 · spread now +0.058%, 7d avg +0.004%
=Together, before fees−0.547%+ Points / potential airdropPerpl: Active · Pacifica: Active · farm board−$55 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.053% dearer against Perpl than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl HYPE | 93.470 | 0 | get 0.0000% / 43m | 21m 11s | $23K | $322K | 10x |
| Short | Pacifica HYPE | 93.524 | 0.0100 | get 0.0013% / 1h | 33m 11s | $10.1M | $14.6M | 20x |
Perpl HYPE
Pacifica HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $21
- Price spread: +0.058% → +0.004%
- $5.34
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $4.54
- Costs to cover
- 0.218%
- Break-even
- 5.5 days
Slippage unknown: Perpl: no order-book sample; Pacifica: live order book, 1 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 Pacifica live order book, 1 min ago | 0.27 bp | 4.5 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.1288% | 1h | 93.317 | −0.163% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.375 | −0.101% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0106% | 1h | 93.320 | −0.160% | $699K | $996K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.477 | +0.008% | $3K | $331 | 25x | as long as short |
| Phemex HYPEUSDT | −0.0073% | 8h | 93.467 | −0.003% | $12.6M | $2.7M | 50x | as long as short |
| Aftermath Perps HYPEUSD | −0.0058% | 1h | 93.411 | −0.063% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0056% | 1h | 93.511 | +0.044% | $85K | $344K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0043% | 4h | 93.498 | +0.030% | $154K | $647K | 20x | as long as short |
| Bullet HYPE-USD | −0.0005% | 1h | 93.477 | +0.008% | $111K | $578K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.478 | +0.009% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Phemex HYPEUSDT
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPElong | 0.0000% | 43m | 93.470 | long leg | $23K | $322K | 10x | |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.505 | +0.038% | $62K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0025% | 4h | 93.510 | +0.043% | $8.8M | $35.5M | 300x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.393 | −0.082% | $213K | $1.2M | 10x | as long as short |
| BingX HYPE-USDT | +0.0026% | 4h | 93.452 | −0.019% | — | $53.0M | — | as long as short |
| Bybit HYPEUSDT | +0.0032% | 8h | 93.486 | +0.018% | $321.6M | $277.3M | 75x | as long as short |
| Gate HYPE_USDT | +0.0048% | 4h | 93.494 | +0.026% | $44.6M | $54.9M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0077% | 8h | 93.457 | −0.013% | $114.2M | $302.2M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.524 | +0.058% | $16.3M | $61.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.512 | +0.045% | $3.1M | $11.6M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.493 | +0.025% | $69K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.537 | +0.072% | $340K | $162K | 20x | as long as short |
| MEXC HYPE_USDT | +0.0098% | 4h | 93.510 | +0.043% | $89.9M | $80.8M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0100% | 4h | 93.360 | −0.117% | $5.1M | $29.7M | 30x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.490 | +0.022% | $17K | $1.6M | 10x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.521 | +0.055% | $379.3M | $876.0M | 75x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.485 | +0.016% | $5.8M | $43.2M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.574 | +0.112% | $2.04B | $653.8M | 10x | as long as short |
| Pacifica HYPEshort | +0.0100% | 1h | 93.524 | +0.058% | $10.1M | $14.6M | 20x | |
| Bulk HYPE-USD | +0.0100% | 1h | 93.364 | −0.113% | $203K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.515 | +0.049% | $46.0M | $18.1M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.454 | −0.017% | $226.0M | $96.6M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.444 | −0.027% | $7.4M | $10.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.367 | −0.110% | $31.1M | $53.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.422 | −0.050% | $7.5M | $45.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.349 | −0.129% | $339K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.403 | −0.071% | $667K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.521 | +0.055% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.525 | +0.059% | $472K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.467 | −0.003% | $79K | $170K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.466 | −0.003% | $16.2M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.540 | +0.075% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.500 | +0.033% | $2.0M | $1.9M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.464 | −0.006% | $18.4M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.486 | +0.017% | $398K | $162K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.580 | +0.118% | $4.8M | $5.6M | 50x | as long as short |
| HTX HYPE-USDT | +0.0190% | 4h | 93.650 | +0.193% | $1.4M | $6.0M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0258% | 1h | 93.484 | +0.016% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0278% | 8h | 93.511 | +0.044% | $1.9M | $5.0M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.508 | +0.041% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.487 | +0.019% | $17.0M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0359% | 1h | 93.583 | +0.121% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.578 | +0.116% | $3.2M | $6.3M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.370 | −0.107% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0684% | 1h | 93.553 | +0.090% | $20.8M | $29.7M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Phoenix HYPE
BingX HYPE-USDT
Bybit HYPEUSDT
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
MEXC HYPE_USDT
edgeX HYPEUSDC
Katana Perps HYPE-USD
Binance HYPEUSDT
Nado HYPE-PERP
Hyperliquid HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD