Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 05:00 UTC−0.0166%/8h= −18.2% APRpaid last 24h +0.007%
Price spread now: HTX against Reya+0.265%7-day average +0.074% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on ReyaShort on HTX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.040%+$4 on $10k
Price spread, last 4 days (all we have)−0.354%−$35 · spread now +0.265%, 7d avg +0.074%
Together, before fees−0.314%+ Points / potential airdropReya: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.190% dearer against Reya than usual: you sell high and buy low (spread +0.265% now, against its 7-day average of +0.074%): +$19 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya HYPERUSDPERP93.0540.0266pay 0.0033% / 1h13m 41s$79K$131K15x
ShortHTX HYPE-USDT93.3000.0100get 0.0050% / 4h3h 13m$1.4M$6.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Reya. 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

Funding earned
−$34.88
Price spread: +0.265% → +0.074%
$19.04
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$33.85
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; HTX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample—————
Sell HTX live order book, 5 min ago1.93 bp10.8 bp −$1113.7 bp −$13754.8 bp −$5,482doesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1792%1h93.043−0.011%$194K$232K7xas long as short
Aftermath Perps HYPEUSD−0.0311%1h92.986−0.073%$22K$21K10xas long as short
Arcus HYPE-USD−0.0194%1h93.112+0.063%$1.1M$3.9M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.085+0.034%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0054%4h93.129+0.081%$146K$674K20xas long as short
dYdX HYPE-USD0.0000%1h93.159+0.113%$128K$29K5xas long as short
Perpl HYPE0.0000%43m92.998−0.060%$22K$293K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.115+0.066%$62K—150xas long as short
Ondo Perps HYPE-USD.P+0.0010%1h92.970−0.090%$701K$1.1M10xas long as short
Bullet HYPE-USD+0.0012%1h93.056+0.003%$111K$577K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange HYPEUSD+0.0024%1h93.136+0.088%$87K$365K20xas long as short
Phoenix HYPE+0.0026%1h93.103+0.053%$208K$1.2M10xas long as short
Bybit HYPEUSDT+0.0030%8h93.125+0.077%$318.3M$284.1M75xas long as short
Phemex HYPEUSDT+0.0035%8h93.145+0.098%$12.6M$2.7M50xas long as short
Bitget HYPEUSDT+0.0038%4h93.120+0.071%$225.3M$98.8M75xas long as short
Popdex HYPEUSDT+0.0048%1h92.996−0.062%$76K$1.1M50xas long as short
Gate HYPE_USDT+0.0070%4h93.130+0.082%$45.4M$54.7M75xas long as short
Lighter HYPE+0.0096%1h93.142+0.095%$16.0M$62.8M20xas long as short
Lighter RH HYPE+0.0096%1h93.156+0.110%$3.1M$11.6M20xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.164+0.119%$339K$163K20xas long as short
edgeX HYPEUSDC+0.0099%4h93.181+0.136%$5.0M$29.8M30xas long as short
Katana Perps HYPE-USD+0.0099%8h93.120+0.071%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h92.996−0.061%$7.1M$46.3M10xas long as short
Hyperliquid HYPE+0.0100%1h93.182+0.138%$2.03B$669.5M10xas long as short
Aster HYPEUSDT+0.0100%4h93.138+0.090%$8.7M$36.3M300xas long as short
Pacifica HYPE+0.0100%1h93.158+0.112%$10.0M$15.2M20xas long as short
Binance HYPEUSDT+0.0100%4h93.149+0.102%$373.9M$910.4M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.132+0.084%$114.1M$305.5M50xas long as short
Bulk HYPE-USD+0.0100%1h92.709−0.371%$202K$13K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.139+0.092%$91.5M$81.4M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.142+0.095%$46.1M$18.5M75xas long as short
BingX HYPE-USDT+0.0100%4h93.135+0.087%—$53.9M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.178+0.134%$7.3M$11.2M20xas long as short
Variational Omni HYPE+0.0100%8h92.999−0.059%$28.6M$56.8M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.250+0.211%$7.5M$46.7M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.266+0.228%$342K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.081+0.029%$665K$2.9M20xas long as short
Vest HYPE-PERP+0.0100%1h93.088+0.036%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.067+0.014%$488K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.156+0.110%$79K$167K20xas long as short
Derive HYPE-PERP+0.0100%1h93.119+0.070%$16.1M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h93.035−0.020%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.177+0.133%$2.0M$2.0M10xas long as short
HTX HYPE-USDTshort+0.0100%4h93.300+0.265%$1.4M$6.3M75x
Extended HYPE-USD+0.0104%1h93.092+0.041%$18.1M$43.6M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.152+0.106%$394K$164K20xas long as short
Kalshi KXHYPEPERP+0.0116%8h93.127+0.079%$1.8M$5.5M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.180+0.136%$4.7M$5.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0196%1h93.253+0.214%$20.8M$29.5M50xas long as short
Injective HYPE/USDC PERP+0.0242%1h93.410+0.383%$30K$339K12xas long as short
Reya HYPERUSDPERPlong+0.0266%1h93.054long leg$79K$131K15x
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0154%1h93.089+0.039%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.042−0.013%$16.8M$11.8M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0523%1h93.274+0.237%$7.5M$4.5M50xas long as short
RISEx HYPE/USDC+0.0598%1h93.197+0.154%$3.2M$6.3M20xas long as short