HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0389%/8h= −42.6% APRnext payment −$0.49 per $10,000 · paid last 24h −0.049%

Price spread now: Aftermath Perps against Popdex+0.065%7-day average — · you sell dearer than you buy

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

Long on Popdex Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aftermath Perps is 0.065% dearer against Popdex than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex HYPEUSDT	94.340	0.0096	pay 0.0012% / 1h	26m 45s	$149K	$1.2M	50x
Short	Aftermath Perps HYPEUSD	94.401	−0.0293	pay 0.0037% / 1h	26m 45s	$22K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Popdex. 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 PopdexbpFee Aftermath PerpsbpOrdersPrice spread, now +0.065%Rate

Funding earned: −$81.67
Price spread: +0.065% → 0.000%: $6.49
Slippage, 4 orders: no order book: not counted
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$90.58
Costs to cover: 0.154%
Break-even: never at this rate

Slippage unknown: Popdex: live order book, 2 min ago; Aftermath Perps: 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 Popdex live order book, 2 min ago	0.74 bp	4.0 bp −$4	5.4 bp −$54	39.6 bp −$3,959	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	−0.0800%	1h	94.235	−0.111%	$210K	$267K	7x	as long as short
Bluefin HYPE-PERP	−0.0596%	1h	94.304	−0.038%	$80K	$150K	20x	as long as short
Aftermath Perps HYPEUSDshort	−0.0293%	1h	94.401	+0.065%	$22K	$20K	10x
Bullet HYPE-USD	−0.0254%	1h	94.366	+0.027%	$112K	$577K	20x	as long as short
Ondo Perps HYPE-USD.P	−0.0175%	1h	94.210	−0.138%	$701K	$1.3M	10x	as long as short
01 Exchange HYPEUSD	−0.0120%	1h	94.359	+0.020%	$90K	$365K	20x	as long as short
Arcus HYPE-USD	−0.0112%	1h	94.332	−0.008%	$1.0M	$3.4M	10x	as long as short
Gate HYPE_USDT	−0.0086%	4h	94.335	−0.005%	$51.6M	$55.4M	75x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	94.377	+0.039%	$3K	$331	25x	as long as short
Kraken Futures PF_HYPEUSD	−0.0048%	1h	94.347	+0.008%	$18.8M	$35.5M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit HYPEUSDT	−0.0030%	8h	94.302	−0.040%	$318.0M	$293.7M	75x	as long as short
Phemex HYPEUSDT	−0.0019%	8h	94.321	−0.020%	$12.9M	$2.9M	50x	as long as short
Orderly PERP_HYPE_USDC	−0.0010%	4h	94.322	−0.019%	$147K	$678K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	94.385	+0.048%	$129K	$92K	5x	as long as short
Kalshi KXHYPEPERP	0.0000%	8h	94.442	+0.108%	$1.8M	$5.6M	2.3x	as long as short
Perpl HYPE	0.0000%	43m	94.394	+0.057%	$19K	$285K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S 0.0000%	1h	94.257	−0.088%	$113K	—	150x	as long as short
Phoenix HYPE	+0.0008%	1h	94.404	+0.068%	$210K	$1.2M	10x	as long as short
Derive HYPE-PERP	+0.0010%	1h	94.160	−0.191%	$16.3M	$7.5M	10x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0016%	1h	94.440	+0.106%	$4.7M	$5.9M	50x	as long as short
Bitget HYPEUSDT	+0.0030%	4h	94.312	−0.030%	$226.9M	$98.0M	75x	as long as short
Vest HYPE-PERP	+0.0037%	1h	94.417	+0.082%	—	$190K	5x	as long as short
Paradex HYPE-USD-PERP	+0.0041%	8h	94.373	+0.035%	$337K	$39K	20x	as long as short
Backpack HYPE_USDC_PERP	+0.0043%	1h	94.293	−0.050%	$7.5M	$10.4M	20x	as long as short
OKX HYPE-USDT-SWAP	+0.0044%	8h	94.293	−0.050%	$117.8M	$327.1M	50x	as long as short
SoDEX HYPE-USD	+0.0048%	1h	94.346	+0.006%	$2.1M	$2.0M	10x	as long as short
edgeX HYPEUSDC	+0.0081%	4h	94.269	−0.076%	$5.0M	$31.0M	30x	as long as short
Lighter HYPE	+0.0096%	1h	94.300	−0.042%	$16.2M	$62.9M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	94.300	−0.042%	$3.2M	$10.3M	20x	as long as short
Popdex HYPEUSDTlong	+0.0096%	1h	94.340	long leg	$149K	$1.2M	50x
Katana Perps HYPE-USD	+0.0100%	8h	94.340	0.000%	$40K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	94.343	+0.004%	$7.2M	$51.7M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	94.402	+0.066%	$2.07B	$689.6M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	94.330	−0.011%	$9.6M	$38.2M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	94.390	+0.053%	$10.2M	$14.4M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	94.338	−0.002%	$379.5M	$932.9M	75x	as long as short
Bulk HYPE-USD	+0.0100%	1h	94.213	−0.134%	$219K	$14K	10x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	94.331	−0.010%	$93.0M	$86.8M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	94.392	+0.055%	$47.1M	$19.0M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	94.322	−0.019%	—	$53.0M	—	as long as short
Variational Omni HYPE	+0.0100%	8h	94.329	−0.011%	$29.9M	$56.5M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	94.308	−0.034%	$7.6M	$44.7M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	94.315	−0.026%	$344K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	94.232	−0.114%	$694K	$2.7M	20x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	94.428	+0.093%	$498K	$2.7M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	94.389	+0.052%	$32K	$1.6M	20x	as long as short
HTX HYPE-USDT	+0.0100%	4h	94.511	+0.181%	$1.4M	$6.9M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	94.315	−0.027%	$18.2M	$43.5M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	94.382	+0.044%	$399K	$153K	20x	as long as short
RISEx HYPE/USDC	+0.0133%	1h	94.248	−0.098%	$3.1M	$6.4M	20x	as long as short
Injective HYPE/USDC PERP	+0.0153%	1h	95.170	+0.880%	$31K	$340K	12x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0227%	1h	94.438	+0.104%	$7.5M	$4.4M	50x	as long as short
Reya HYPERUSDPERP	+0.0271%	1h	94.297	−0.045%	$83K	$105K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0330% / S −0.0156%	1h	94.397	+0.060%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	94.344	+0.004%	$17.3M	$12.5M	75x	as long as short