HYPE

Alert

Funding spread now, next payment 16:00 UTC−0.0400%/8h

paid, last 24h−0.018%paid, last 3 days+0.032%to open and close $10k−$33

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.032% in total (about 3.8% a year). A funding rate is set anew for every payment. 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	93.339	0.0500	pay 0.0062% / 1h	24m 06s	$2.6M	$7.3M	20x
Short	KuCoin HYPEUSDTM	93.242	0.0100	get 0.0050% / 4h	24m 06s	$43.7M	$20.2M	75x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee RISExbpFee KuCoinbpOrdersRate

Funding earned: −$83.96
Slippage, 4 orders: −$15.02
Fee RISEx: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$116.98
Break-even: never at this rate

Slippage from RISEx: live order book, 1 min ago; KuCoin: live order book, 11 min ago.

Price risk

price view

Price gap now: −0.103%
Avg gap 7d: +0.004%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 1 min ago	2.41 bp	5.4 bp −$5	6.5 bp −$65	doesn't fit	doesn't fit
Sell KuCoin live order book, 11 min ago	1.44 bp	11.0 bp −$11	14.5 bp −$145	doesn't fit	doesn't fit

HYPE on 54 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hibachi HYPE/USDT-P	−0.0216%	1h	$207K	$197K	7x	as long as short
Orderly PERP_HYPE_USDC	−0.0130%	4h	$169K	$376K	20x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	$3K	$307	25x	as long as short
BingX HYPE-USDT	−0.0010%	4h	—	$51.9M	—	as long as short
Bybit HYPEUSDT	−0.0010%	8h	$325.8M	$285.3M	75x	as long as short
OKX HYPE-USDT-SWAP	−0.0006%	8h	$115.8M	$313.8M	50x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	$33K	—	150x	as long as short
dYdX HYPE-USD	+0.0081%	1h	$127K	$26K	5x	as long as short
Gate HYPE_USDT	+0.0090%	4h	$44.4M	$55.2M	75x	as long as short
Lighter HYPE	+0.0096%	1h	$18.5M	$57.5M	20x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter RH HYPE	+0.0096%	1h	$3.2M	$11.8M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	$153K	$1.1M	50x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0096%	1h	$4.9M	$5.3M	50x	as long as short
Katana Perps HYPE-USD	+0.0099%	8h	$20K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	$5.6M	$42.7M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	$8.9M	$35.8M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	$11.3M	$12.3M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	$395.2M	$825.9M	75x	as long as short
Ondo Perps HYPE-USD.P	+0.0100%	1h	$698K	$978K	10x	as long as short
Arcus HYPE-USD	+0.0100%	1h	$1.2M	$4.2M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	$211K	$10K	10x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	$95.8M	$85.8M	100x	as long as short
KuCoin HYPEUSDTMshort	+0.0100%	4h	$43.7M	$20.2M	75x
Bitget HYPEUSDT	+0.0100%	4h	$229.0M	$100.8M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	$8.3M	$8.9M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	$29.8M	$52.2M	—	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	$425K	$969K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	$708K	$2.1M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	—	$407K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	$462K	$2.4M	20x	as long as short
Bullet HYPE-USD	+0.0100%	1h	$111K	$579K	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	$73K	$197K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	$16.5M	$7.1M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	$2.0M	$1.9M	10x	as long as short
Phemex HYPEUSDT	+0.0100%	8h	$12.6M	$2.3M	50x	as long as short
Extended HYPE-USD	+0.0104%	1h	$18.2M	$41.9M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	$397K	$340K	20x	as long as short
edgeX HYPEUSDC	+0.0111%	4h	$5.1M	$27.6M	30x	as long as short
Paradex HYPE-USD-PERP	+0.0120%	8h	$336K	$288K	20x	as long as short
01 Exchange HYPEUSD	+0.0128%	1h	$84K	$300K	20x	as long as short
Kalshi KXHYPEPERP	+0.0137%	8h	$1.6M	$4.5M	2.3x	as long as short
Aftermath Perps HYPEUSD	+0.0149%	1h	$22K	$34K	10x	as long as short
Hyperliquid HYPE	+0.0177%	1h	$2.02B	$604.2M	10x	as long as short
Reya HYPERUSDPERP	+0.0223%	1h	$73K	$168K	15x	as long as short
Perpl HYPE	+0.0223%	43m	$32K	$342K	10x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0318%	1h	$7.3M	$4.6M	50x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	$18.0M	$12.4M	75x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0345% / S −0.0162%	1h	$1.5M	—	100x	as long as short
Phoenix HYPE	+0.0357%	1h	$295K	$1.1M	10x	as long as short
HTX HYPE-USDT	+0.0423%	4h	$1.5M	$6.8M	75x	as long as short
RISEx HYPE/USDClong	+0.0500%	1h	$2.6M	$7.3M	20x
Kraken Futures PF_HYPEUSD	+0.0611%	1h	$16.4M	$21.4M	50x	as long as short
Injective HYPE/USDC PERP	+0.1001%	1h	$23K	$320K	12x	as long as short