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 01:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Aevo against SoDEX−0.004%57s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.418% of the position
Long on SoDEXShort on Aevo
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.003%$0 on $10k
Price spread, last 3 days (all we have)−0.003%$0 · spread now −0.004%, 7d avg +0.004%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX HYPE-USD93.8770.0100pay 0.0013% / 1h51m 19s$2.0M$2.0M10x
ShortAevo HYPE-PERP93.8740.0088get 0.0011% / 1h51m 19s$399K$191K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. 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
−$2.52
Price spread: −0.004% → +0.004%
−$0.75
Slippage, 4 orders
−$17.81
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$45.08
Costs to cover
0.418%
Break-even
never at this rate
Slippage from SoDEX: live order book, 3 min ago; Aevo: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 3 min ago0.05 bp6.9 bp −$712.9 bp −$12997.0 bp −$9,698doesn't fit
Sell Aevo live order book, 23 min ago2.31 bp16.2 bp −$1619.4 bp −$19422.0 bp −$2,197doesn't fit

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−0.1384%1h93.992+0.123%$199K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h93.793−0.089%$1.2M$3.8M10xas long as short
Aftermath Perps HYPEUSD−0.0301%1h93.952+0.080%$22K$22K10xas long as short
Phemex HYPEUSDT−0.0269%8h93.865−0.013%$12.8M$2.6M50xas long as short
Ondo Perps HYPE-USD.P−0.0170%1h93.850−0.029%$705K$928K10xas long as short
Gate HYPE_USDT−0.0142%4h93.922+0.048%$44.4M$59.1M75xas long as short
dYdX HYPE-USD−0.0115%1h93.917+0.042%$128K$29K5xas long as short
Bullet HYPE-USD−0.0114%1h93.931+0.058%$113K$580K20xas long as short
01 Exchange HYPEUSD−0.0104%1h93.892+0.016%$85K$365K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.950+0.078%$3K$33125xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HYPEUSDT−0.0060%8h93.926+0.052%$323.0M$283.5M75xas long as short
Orderly PERP_HYPE_USDC−0.0010%4h93.920+0.046%$169K$594K20xas long as short
Derive HYPE-PERP0.0000%1h93.867−0.011%$16.4M$7.2M10xas long as short
Perpl HYPE0.0000%43m93.937+0.064%$23K$329K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.962+0.091%$27K—150xas long as short
Aster HYPEUSDT+0.0019%4h93.940+0.067%$8.9M$36.1M300xas long as short
Phoenix HYPE+0.0034%1h93.829−0.051%$218K$1.2M10xas long as short
edgeX HYPEUSDC+0.0042%4h93.948+0.075%$5.1M$29.8M30xas long as short
MEXC HYPE_USDT+0.0044%4h93.900+0.025%$88.1M$81.9M100xas long as short
Binance HYPEUSDT+0.0045%4h93.933+0.060%$383.5M$896.6M75xas long as short
Popdex HYPEUSDT+0.0064%1h93.873−0.004%$60K$1.2M50xas long as short
OKX HYPE-USDT-SWAP+0.0082%8h93.915+0.040%$115.8M$321.2M50xas long as short
Aevo HYPE-PERPshort+0.0088%1h93.874−0.004%$399K$191K20x
Lighter HYPE+0.0096%1h93.957+0.085%$18.9M$58.2M20xas long as short
Lighter RH HYPE+0.0096%1h93.929+0.055%$3.0M$12.0M20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.944+0.072%$341K$171K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.880+0.003%$39K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.890+0.014%$6.6M$44.9M10xas long as short
Hyperliquid HYPE+0.0100%1h94.004+0.135%$2.05B$675.5M10xas long as short
Pacifica HYPE+0.0100%1h93.921+0.047%$10.1M$14.6M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.894+0.018%$46.5M$18.4M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.928+0.054%$227.6M$101.9M75xas long as short
BingX HYPE-USDT+0.0100%4h93.921+0.047%—$53.9M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.929+0.055%$7.7M$10.5M20xas long as short
Variational Omni HYPE+0.0100%8h93.890+0.014%$31.3M$54.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.981+0.111%$7.6M$45.4M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.029+0.162%$340K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h94.057+0.192%$680K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.943+0.071%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.936+0.063%$480K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.920+0.046%$76K$171K20xas long as short
SunX HYPE-USDT+0.0100%4h93.962+0.091%$32K$1.6M20xas long as short
SoDEX HYPE-USDlong+0.0100%1h93.877long leg$2.0M$2.0M10x
Bulk HYPE-USD+0.0100%1h93.944+0.071%$205K$6K10xas long as short
Extended HYPE-USD+0.0104%1h93.856−0.023%$18.4M$42.5M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h94.010+0.142%$4.9M$5.5M50xas long as short
BloFin HYPE-USDT+0.0156%4h93.963+0.092%$17.0M$12.4M75xas long as short
Kalshi KXHYPEPERP+0.0164%8h94.024+0.157%$1.9M$5.1M2.3xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.810−0.071%$31K$338K12xas long as short
RISEx HYPE/USDC+0.0222%1h93.921+0.047%$2.8M$6.8M20xas long as short
Reya HYPERUSDPERP+0.0250%1h93.909+0.034%$79K$146K15xas long as short
HTX HYPE-USDT+0.0308%4h94.100+0.238%$1.5M$7.4M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0157%1h93.964+0.092%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0506%1h93.997+0.128%$7.5M$4.7M50xas long as short
Kraken Futures PF_HYPEUSD+0.0672%1h93.959+0.088%$21.0M$29.7M50xas long as short