Funding you earn now, next payment 07:00 UTC−0.0485%/8h= −53.1% APRnext payment −$0.61 per $10,000 · paid last 24h −0.063%
Price spread now: ApeX Omni against RISEx+0.051%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$260.262% of the position
Funding, last 4 days (all we have)−0.136%−$14 on $10k
+Price spread, last 7 days−0.087%−$9 · spread now +0.051%, 7d avg −0.010%
=The price spread pays, funding is against you. ApeX Omni is 0.062% dearer against RISEx than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of −0.010%): +$6 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 4 days (−0.136% in total) that is about 40 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.136% in total (about -13.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx HYPE/USDC | 93.753 | 0.0559 | pay 0.0070% / 1h | 51m 28s | $3.2M | $6.4M | 20x |
| Short | ApeX Omni HYPEUSDT | 93.801 | 0.0074 | get 0.0009% / 1h | 51m 28s | $348K | $1.0M | 50x |
RISEx HYPE/USDC
ApeX Omni HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against RISEx. 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
- −$101.87
- Price spread: +0.051% → −0.010%
- $6.18
- Slippage, 4 orders
- −$10.2
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$121.89
- Costs to cover
- 0.262%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 3 min ago; ApeX Omni: live order book, 3 min ago.
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 RISEx live order book, 3 min ago | 1.49 bp | 4.5 bp −$4 | 5.8 bp −$58 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 2.24 bp | 8.7 bp −$9 | 12.1 bp −$121 | doesn't fit | doesn't fit |
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 | −0.1160% | 1h | 93.719 | −0.037% | $199K | $242K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0267% | 1h | 93.912 | +0.169% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0109% | 1h | 93.630 | −0.131% | $706K | $1.2M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.712 | −0.044% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0064% | 1h | 93.732 | −0.022% | $86K | $372K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0018% | 4h | 93.700 | −0.056% | $149K | $681K | 20x | as long as short |
| Bullet HYPE-USD | −0.0003% | 1h | 93.700 | −0.056% | $111K | $581K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.734 | −0.020% | $129K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.710 | −0.045% | $22K | $285K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.740 | −0.014% | $63K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin HYPE-PERP | +0.0005% | 1h | 93.794 | +0.044% | $79K | $166K | 20x | as long as short |
| BingX HYPE-USDT | +0.0011% | 4h | 93.700 | −0.056% | — | $53.8M | — | as long as short |
| Bybit HYPEUSDT | +0.0013% | 8h | 93.670 | −0.088% | $316.5M | $287.6M | 75x | as long as short |
| Phoenix HYPE | +0.0017% | 1h | 93.780 | +0.029% | $210K | $1.1M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0040% | 4h | 93.684 | −0.073% | $225.7M | $99.5M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0064% | 8h | 93.747 | −0.006% | $12.8M | $2.8M | 50x | as long as short |
| ApeX Omni HYPEUSDTshort | +0.0074% | 1h | 93.801 | +0.051% | $348K | $1.0M | 50x | |
| Arcus HYPE-USD | +0.0084% | 1h | 93.681 | −0.077% | $1.0M | $4.0M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0086% | 8h | 93.740 | −0.013% | $335K | $161K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0091% | 4h | 93.758 | +0.006% | $5.0M | $30.5M | 30x | as long as short |
| Derive HYPE-PERP | +0.0092% | 1h | 93.691 | −0.066% | $16.4M | $7.5M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.715 | −0.041% | $16.2M | $63.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.713 | −0.043% | $3.1M | $11.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.724 | −0.031% | $78K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.700 | −0.056% | $23K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.713 | −0.043% | $7.4M | $50.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.817 | +0.068% | $2.05B | $681.3M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.702 | −0.054% | $8.9M | $37.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.735 | −0.019% | $10.1M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.702 | −0.054% | $375.7M | $929.8M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.681 | −0.077% | $115.7M | $316.2M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.691 | −0.066% | $48.4M | $54.9M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.722 | −0.033% | $89.0M | $83.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.723 | −0.032% | $46.3M | $18.8M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.736 | −0.018% | $7.2M | $10.8M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.759 | +0.006% | $28.7M | $56.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.822 | +0.073% | $7.6M | $48.1M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.767 | +0.015% | $679K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.768 | +0.016% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.725 | −0.030% | $470K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.792 | +0.042% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.717 | −0.038% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.923 | +0.181% | $1.4M | $6.7M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.731 | −0.023% | $216K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.674 | −0.084% | $18.2M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.722 | −0.032% | $396K | $159K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0107% | 8h | 93.828 | +0.080% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0120% | 1h | 93.760 | +0.008% | $4.7M | $6.1M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 93.750 | −0.003% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0271% | 1h | 93.683 | −0.075% | $77K | $130K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0305% | 1h | 93.810 | +0.061% | $7.4M | $4.2M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0154% | 1h | 93.740 | −0.013% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.769 | +0.017% | $17.0M | $12.2M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0415% | 1h | 93.791 | +0.041% | $20.9M | $29.6M | 50x | as long as short |
| RISEx HYPE/USDClong | +0.0559% | 1h | 93.753 | long leg | $3.2M | $6.4M | 20x |
Bluefin HYPE-PERP
BingX HYPE-USDT
Bybit HYPEUSDT
Phoenix HYPE
Bitget HYPEUSDT
Phemex HYPEUSDT
Arcus HYPE-USD
Paradex HYPE-USD-PERP
edgeX HYPEUSDC
Derive HYPE-PERP
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
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD