Funding you earn now, next payment 05:57 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.013%
Price spread now: Vest against Perpl+0.044%7-day average −0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.044%, 7d avg −0.013%
=Together, before fees−0.159%+ Points / potential airdropPerpl: Active · Vest: Active · farm board−$16 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 Vest is 0.057% dearer against Perpl than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl HYPE | 93.631 | 0 | get 0.0000% / 43m | 7m 52s | $20K | $290K | 10x |
| Short | Vest HYPE-PERP | 93.672 | 0.0100 | get 0.0013% / 1h | 44m 52s | — | $243K | 5x |
Perpl HYPE
Vest HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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: +0.044% → −0.013%
- $5.67
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $10.87
- Costs to cover
- 0.158%
- Break-even
- 3.4 days
Slippage unknown: Perpl: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Perpl no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Perpl and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1088% | 1h | 93.517 | −0.122% | $198K | $242K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0220% | 1h | 93.739 | +0.115% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0125% | 1h | 93.570 | −0.065% | $705K | $1.2M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.575 | −0.060% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0069% | 1h | 93.684 | +0.057% | $111K | $580K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0064% | 1h | 93.558 | −0.078% | $86K | $370K | 20x | as long as short |
| Bluefin HYPE-PERP | −0.0044% | 1h | 93.652 | +0.022% | $79K | $155K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0020% | 4h | 93.635 | +0.004% | $145K | $685K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.608 | −0.024% | $128K | $29K | 5x | as long as short |
| Perpl HYPElong | 0.0000% | 43m | 93.631 | long leg | $20K | $290K | 10x |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Bullet HYPE-USD
01 Exchange HYPEUSD
Bluefin HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USDShow 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 −0.0002% | 1h | 93.706 | +0.080% | $63K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0006% | 4h | 93.616 | −0.016% | — | $53.7M | — | as long as short |
| Bybit HYPEUSDT | +0.0007% | 8h | 93.604 | −0.029% | $316.2M | $288.5M | 75x | as long as short |
| Phoenix HYPE | +0.0017% | 1h | 93.654 | +0.025% | $209K | $1.1M | 10x | as long as short |
| Derive HYPE-PERP | +0.0024% | 1h | 93.623 | −0.009% | $16.3M | $7.4M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0040% | 4h | 93.633 | +0.002% | $225.7M | $99.7M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0079% | 8h | 93.689 | +0.062% | $12.8M | $2.8M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0081% | 8h | 93.579 | −0.055% | $334K | $161K | 20x | as long as short |
| Arcus HYPE-USD | +0.0084% | 1h | 93.520 | −0.119% | $1.0M | $4.0M | 10x | as long as short |
| edgeX HYPEUSDC | +0.0087% | 4h | 93.627 | −0.004% | $5.0M | $30.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.672 | +0.044% | $16.2M | $63.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.684 | +0.057% | $3.1M | $11.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.591 | −0.043% | $78K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.550 | −0.087% | $22K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.639 | +0.008% | $7.4M | $50.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.753 | +0.130% | $2.05B | $683.0M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.619 | −0.013% | $8.8M | $37.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.584 | −0.050% | $10.1M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.654 | +0.025% | $375.3M | $931.6M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.609 | −0.023% | $115.7M | $316.3M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.611 | −0.021% | $48.3M | $55.1M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.627 | −0.004% | $90.0M | $83.6M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.623 | −0.009% | $46.3M | $18.8M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.685 | +0.058% | $7.2M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.579 | −0.056% | $28.6M | $56.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.664 | +0.035% | $7.5M | $48.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.636 | +0.005% | $347K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.613 | −0.019% | $678K | $2.8M | 20x | as long as short |
| Vest HYPE-PERPshort | +0.0100% | 1h | 93.672 | +0.044% | — | $243K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.657 | +0.028% | $470K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.743 | +0.120% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.680 | +0.052% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.802 | +0.183% | $1.4M | $6.7M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.731 | +0.107% | $216K | $15K | 10x | as long as short |
| Kalshi KXHYPEPERP | +0.0102% | 8h | 93.683 | +0.056% | $1.8M | $5.6M | 2.3x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.589 | −0.045% | $18.2M | $43.4M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.681 | +0.053% | $396K | $159K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0120% | 1h | 93.710 | +0.084% | $4.7M | $6.1M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 93.520 | −0.119% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0271% | 1h | 93.643 | +0.013% | $77K | $130K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0154% | 1h | 93.706 | +0.080% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.686 | +0.059% | $17.0M | $12.2M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0390% | 1h | 93.775 | +0.154% | $7.4M | $4.2M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0415% | 1h | 93.763 | +0.141% | $20.9M | $29.6M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0559% | 1h | 93.595 | −0.039% | $3.2M | $6.4M | 20x | as long as short |
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Bybit HYPEUSDT
Phoenix HYPE
Derive HYPE-PERP
Bitget HYPEUSDT
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Arcus HYPE-USD
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Kalshi KXHYPEPERP
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC