Funding you earn now, next payment 05:57 UTC−0.0559%/8h= −61.2% APRpaid last 24h −0.084%
Price spread now: Perpl against RISEx−0.012%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.228%−$23 on $10k
+Price spread, last 4 days (all we have)+0.230%+$23 · spread now −0.012%, 7d avg −0.005%
=Together, before fees+0.002%+ Points / potential airdropPerpl: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx HYPE/USDC | 94.389 | 0.0559 | pay 0.0070% / 1h | 23m 26s | $3.2M | $6.3M | 20x |
| Short | Perpl HYPE | 94.378 | 0 | get 0.0000% / 43m | 29m 26s | $20K | $289K | 10x |
RISEx HYPE/USDC
Perpl HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- −$117.4
- Price spread: −0.012% → −0.005%
- −$0.71
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$137.91
- Costs to cover
- 0.198%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 6 min ago; Perpl: 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 RISEx live order book, 6 min ago | 0.91 bp | 3.9 bp −$4 | 5.4 bp −$54 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | −0.1048% | 1h | 94.204 | −0.197% | $200K | $238K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0210% | 1h | 93.921 | −0.496% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.347 | −0.045% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0068% | 1h | 94.220 | −0.180% | $705K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | −0.0053% | 1h | 94.398 | +0.009% | $112K | $579K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 94.373 | −0.017% | $86K | $368K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0016% | 4h | 94.360 | −0.031% | $146K | $683K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.322 | −0.071% | $129K | $26K | 5x | as long as short |
| Bybit HYPEUSDT | 0.0000% | 8h | 94.360 | −0.031% | $318.8M | $288.5M | 75x | as long as short |
| Perpl HYPEshort | 0.0000% | 43m | 94.378 | −0.012% | $20K | $289K | 10x |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
Bullet HYPE-USD
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Bybit HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 94.048 | −0.361% | $83K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0007% | 1h | 93.302 | −1.152% | $16.2M | $7.5M | 10x | as long as short |
| Bluefin HYPE-PERP | +0.0016% | 1h | 94.389 | −0.001% | $80K | $156K | 20x | as long as short |
| Phoenix HYPE | +0.0017% | 1h | 93.715 | −0.715% | $208K | $1.1M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0052% | 4h | 94.378 | −0.012% | $227.4M | $99.6M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0056% | 8h | 94.284 | −0.112% | $12.9M | $2.8M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0078% | 8h | 94.385 | −0.004% | $337K | $161K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0080% | 4h | 93.620 | −0.815% | $5.0M | $30.5M | 30x | as long as short |
| Arcus HYPE-USD | +0.0084% | 1h | 94.328 | −0.065% | $1.0M | $4.0M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.349 | −0.043% | $16.3M | $64.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.361 | −0.030% | $3.2M | $11.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.338 | −0.055% | $79K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.330 | −0.063% | $21K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.335 | −0.057% | $7.5M | $50.5M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.491 | +0.108% | $2.08B | $685.4M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.415 | +0.027% | $8.9M | $37.1M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.380 | −0.010% | $10.2M | $15.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.399 | +0.010% | $377.7M | $932.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 94.386 | −0.004% | $116.3M | $318.2M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.390 | +0.001% | $49.0M | $56.2M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.390 | +0.001% | $89.6M | $84.8M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.390 | +0.001% | $46.7M | $18.7M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.376 | −0.014% | — | $53.5M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.382 | −0.008% | $7.3M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.009 | −0.404% | $28.9M | $56.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.696 | −0.735% | $7.6M | $48.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.663 | −0.770% | $357K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.224 | −0.175% | $682K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.430 | +0.043% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.401 | +0.012% | $474K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.395 | +0.006% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.343 | −0.049% | $2.1M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.450 | +0.064% | $1.4M | $6.7M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.438 | −1.008% | $216K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.354 | −0.038% | $18.2M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.393 | +0.003% | $399K | $159K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0107% | 8h | 94.317 | −0.077% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0120% | 1h | 94.340 | −0.052% | $4.7M | $6.2M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0151% / S +0.0022% | 1h | 94.334 | −0.059% | $1.4M | — | 100x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.610 | +0.234% | $31K | $339K | 12x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0206% | 1h | 94.431 | +0.044% | $7.5M | $4.3M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0272% | 1h | 94.357 | −0.034% | $78K | $129K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.202 | −0.199% | $17.0M | $12.3M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0412% | 1h | 94.423 | +0.036% | $21.1M | $29.5M | 50x | as long as short |
| RISEx HYPE/USDClong | +0.0559% | 1h | 94.389 | long leg | $3.2M | $6.3M | 20x |
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
Bluefin HYPE-PERP
Phoenix HYPE
Bitget HYPEUSDT
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
edgeX HYPEUSDC
Arcus HYPE-USD
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
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
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
GMX HYPE/USD [WBTC.b-USDC]
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
Reya HYPERUSDPERP
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD