Funding you earn now, next payment 05:00 UTC−0.0166%/8h= −18.1% APRpaid last 24h −0.042%
Price spread now: Binance against Reya+0.017%7-day average +0.020% · 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)−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.276%−$28 · spread now +0.017%, 7d avg +0.020%
=Together, before fees−0.285%+ Points / potential airdropReya: Active · farm board−$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya HYPERUSDPERP | 92.952 | 0.0266 | pay 0.0033% / 1h | 19m 53s | $79K | $131K | 15x |
| Short | Binance HYPEUSDT | 92.968 | 0.0100 | get 0.0050% / 4h | 3h 19m | $374.1M | $906.7M | 75x |
Reya HYPERUSDPERP
Binance HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Reya. 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
- −$34.81
- Price spread: +0.017% → +0.020%
- −$0.26
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.06
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Binance: live order book, 9 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 Reya no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 0.05 bp | 6.4 bp −$6 | 8.5 bp −$85 | 15.8 bp −$1,579 | 36.7 bp −$18.3K |
Reya: 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 | −0.1720% | 1h | 92.759 | −0.207% | $194K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0299% | 1h | 92.824 | −0.137% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 92.866 | −0.092% | $1.0M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.882 | −0.075% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0057% | 4h | 92.954 | +0.003% | $145K | $681K | 20x | as long as short |
| Bullet HYPE-USD | −0.0003% | 1h | 92.929 | −0.024% | $112K | $577K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.850 | −0.110% | $127K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.876 | −0.082% | $22K | $293K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.967 | +0.016% | $62K | — | 150x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0018% | 1h | 92.860 | −0.099% | $697K | $1.1M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Ondo Perps HYPE-USD.PShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange HYPEUSD | +0.0024% | 1h | 92.923 | −0.031% | $87K | $364K | 20x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 92.921 | −0.033% | $208K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0032% | 8h | 92.950 | −0.002% | $316.2M | $283.1M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0040% | 1h | 92.900 | −0.056% | $81K | $1.1M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0044% | 4h | 92.970 | +0.020% | $225.1M | $99.0M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0049% | 8h | 92.978 | +0.028% | $12.6M | $2.7M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.987 | +0.038% | $16.0M | $62.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.007 | +0.060% | $3.1M | $11.6M | 20x | as long as short |
| Gate HYPE_USDT | +0.0096% | 4h | 92.958 | +0.007% | $45.2M | $54.5M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0098% | 4h | 92.694 | −0.277% | $4.9M | $29.6M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 92.917 | −0.037% | $339K | $163K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.900 | −0.056% | $39K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.875 | −0.082% | $7.4M | $46.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.979 | +0.029% | $2.02B | $667.8M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 92.965 | +0.014% | $8.7M | $36.2M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.927 | −0.027% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDTshort | +0.0100% | 4h | 92.968 | +0.017% | $374.1M | $906.7M | 75x | |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.957 | +0.006% | $114.0M | $304.7M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.709 | −0.261% | $202K | $13K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.970 | +0.020% | $91.4M | $81.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.961 | +0.010% | $46.2M | $18.5M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.956 | +0.005% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.981 | +0.032% | $7.3M | $11.2M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.839 | −0.121% | $28.5M | $57.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.808 | −0.155% | $7.5M | $46.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.725 | −0.244% | $340K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.846 | −0.114% | $668K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.943 | −0.009% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.935 | −0.018% | $487K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.978 | +0.028% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.950 | −0.002% | $16.0M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.921 | −0.033% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.008 | +0.061% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.137 | +0.199% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.958 | +0.007% | $18.0M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.976 | +0.027% | $393K | $164K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0121% | 8h | 92.980 | +0.030% | $1.8M | $5.4M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.060 | +0.117% | $4.7M | $5.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 93.086 | +0.144% | $20.7M | $29.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 93.150 | +0.213% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERPlong | +0.0266% | 1h | 92.952 | long leg | $79K | $131K | 15x | |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.965 | +0.014% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.872 | −0.086% | $16.8M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0438% | 1h | 93.106 | +0.166% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.959 | +0.008% | $3.2M | $6.3M | 20x | as long as short |
01 Exchange HYPEUSD
Phoenix HYPE
Bybit HYPEUSDT
Popdex HYPEUSDT
Bitget HYPEUSDT
Phemex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Gate HYPE_USDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
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
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC