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 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: KuCoin against SoDEX+0.004%7-day average −0.006% · 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−$33as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Long on SoDEXShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.011%−$1 on $10k
Price spread, last 3 days (all we have)+0.020%+$2 · spread now +0.004%, 7d avg −0.006%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX HYPE-USD93.8290.0100pay 0.0013% / 1h14m 21s$2.0M$2.0M10x
ShortKuCoin HYPEUSDTM93.8330.0100get 0.0050% / 4h14m 21s$46.4M$18.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.004% → −0.006%
$1.03
Slippage, 4 orders
−$13.83
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$32.8
Costs to cover
0.338%
Break-even
never at this rate
Slippage from SoDEX: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago0.32 bp6.8 bp −$713.3 bp −$133doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago0.53 bp8.0 bp −$812.9 bp −$129doesn't fitdoesn'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−0.1136%1h93.757−0.076%$198K$230K7xas long as short
Aftermath Perps HYPEUSD−0.0410%1h93.820−0.010%$22K$22K10xas long as short
Arcus HYPE-USD−0.0233%1h93.719−0.117%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0086%1h93.800−0.031%$705K$914K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.840+0.012%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0072%1h93.807−0.023%$86K$368K20xas long as short
Orderly PERP_HYPE_USDC−0.0001%4h93.821−0.009%$168K$586K20xas long as short
dYdX HYPE-USD0.0000%1h93.845+0.017%$128K$30K5xas long as short
Perpl HYPE0.0000%43m93.862+0.035%$23K$329K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.852+0.025%$27K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix HYPE+0.0009%1h93.963+0.143%$216K$1.2M10xas long as short
Aster HYPEUSDT+0.0018%4h93.816−0.014%$8.9M$36.1M300xas long as short
Bybit HYPEUSDT+0.0020%8h93.830+0.001%$322.8M$283.9M75xas long as short
Derive HYPE-PERP+0.0033%1h93.781−0.052%$16.4M$7.1M10xas long as short
Phemex HYPEUSDT+0.0049%8h93.799−0.032%$12.8M$2.6M50xas long as short
MEXC HYPE_USDT+0.0056%4h93.808−0.022%$88.5M$82.1M100xas long as short
Binance HYPEUSDT+0.0056%4h93.8290.000%$383.1M$897.5M75xas long as short
edgeX HYPEUSDC+0.0065%4h93.784−0.048%$5.1M$29.8M30xas long as short
Popdex HYPEUSDT+0.0072%1h93.807−0.023%$60K$1.2M50xas long as short
Gate HYPE_USDT+0.0078%4h93.815−0.015%$44.1M$59.9M75xas long as short
Bullet HYPE-USD+0.0083%1h93.829−0.001%$114K$577K20xas long as short
OKX HYPE-USDT-SWAP+0.0096%8h93.821−0.009%$115.8M$322.3M50xas long as short
Lighter HYPE+0.0096%1h93.869+0.043%$18.9M$60.3M20xas long as short
Lighter RH HYPE+0.0096%1h93.844+0.016%$3.0M$12.3M20xas long as short
Aevo HYPE-PERP+0.0096%1h93.823−0.006%$399K$318K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.877+0.051%$341K$171K20xas long as short
Katana Perps HYPE-USD+0.0099%8h93.780−0.052%$32K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.832+0.004%$5.7M$44.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.893+0.068%$2.04B$680.2M10xas long as short
Pacifica HYPE+0.0100%1h93.846+0.018%$10.1M$14.6M20xas long as short
Bulk HYPE-USD+0.0100%1h93.820−0.010%$205K$7K10xas long as short
KuCoin HYPEUSDTMshort+0.0100%4h93.833+0.004%$46.4M$18.6M75x
Bitget HYPEUSDT+0.0100%4h93.824−0.005%$227.3M$102.3M75xas long as short
BingX HYPE-USDT+0.0100%4h93.826−0.003%—$54.2M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.861+0.034%$7.9M$10.5M20xas long as short
Variational Omni HYPE+0.0100%8h93.861+0.035%$31.2M$54.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.835+0.006%$7.6M$45.6M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.768−0.065%$359K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.859+0.032%$679K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.861+0.034%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.835+0.006%$471K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.819−0.011%$76K$171K20xas long as short
SunX HYPE-USDT+0.0100%4h93.846+0.018%$32K$1.6M20xas long as short
SoDEX HYPE-USDlong+0.0100%1h93.829long leg$2.0M$2.0M10x
Injective HYPE/USDC PERP+0.0104%1h94.410+0.619%$31K$338K12xas long as short
Extended HYPE-USD+0.0104%1h93.811−0.019%$18.3M$42.8M50xas long as short
Kalshi KXHYPEPERP+0.0151%8h93.927+0.104%$1.9M$5.0M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0152%1h93.900+0.076%$4.9M$5.7M50xas long as short
HTX HYPE-USDT+0.0197%4h94.016+0.199%$1.5M$7.8M75xas long as short
BloFin HYPE-USDT+0.0226%4h93.8290.000%$16.9M$12.6M75xas long as short
Reya HYPERUSDPERP+0.0249%1h93.797−0.034%$77K$142K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0283%1h93.921+0.098%$7.5M$4.6M50xas long as short
RISEx HYPE/USDC+0.0284%1h93.855+0.028%$2.8M$6.8M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0163%1h93.853+0.026%$1.4M—100xas long as short
Kraken Futures PF_HYPEUSD+0.0578%1h93.928+0.105%$21.0M$29.6M50xas long as short