Funding you earn now, next payment 00:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.025%
Price spread now: 01 Exchange against Variational Omni−0.103%7-day average +0.060% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.344%+$34 · spread now −0.103%, 7d avg +0.060%
=Together, before fees+0.320%+ Points / potential airdropVariational Omni: Active · farm board+$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and 01 Exchange is 0.163% cheaper against Variational Omni than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HYPE | 93.574 | 0.0100 | pay 0.0100% / 8h | 23m 14s | $31.2M | $54.0M | — |
| Short | 01 Exchange HYPEUSD | 93.478 | −0.0056 | pay 0.0007% / 1h | 23m 14s | $86K | $366K | 20x |
Variational Omni HYPE
01 Exchange HYPEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Variational Omni. 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
- −$32.76
- Price spread: −0.103% → +0.060%
- −$16.32
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$56.08
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; 01 Exchange: live order book, 56 min ago. 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 Variational Omni RFQ quote, 1 min ago | 0.43 bp | doesn't fit | 2.5 bp −$25 | 11.1 bp −$1,108 | doesn't fit |
| Sell 01 Exchange live order book, 56 min ago | 0.11 bp | 6.4 bp −$6 | 9.1 bp −$91 | 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 | −0.0960% | 1h | 93.526 | −0.051% | $198K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0383% | 1h | 93.594 | +0.021% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.404 | −0.182% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0087% | 1h | 93.450 | −0.133% | $703K | $910K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.507 | −0.072% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSDshort | −0.0056% | 1h | 93.478 | −0.103% | $86K | $366K | 20x | |
| Orderly PERP_HYPE_USDC | −0.0001% | 4h | 93.533 | −0.044% | $168K | $586K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.573 | −0.001% | $127K | $30K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.500 | −0.079% | $23K | $329K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.548 | −0.028% | $26K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0005% | 4h | 93.547 | −0.029% | $8.9M | $36.0M | 300x | as long as short |
| Phoenix HYPE | +0.0009% | 1h | 93.618 | +0.047% | $214K | $1.2M | 10x | as long as short |
| Derive HYPE-PERP | +0.0011% | 1h | 93.491 | −0.089% | $16.3M | $7.1M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0017% | 8h | 93.540 | −0.037% | $321.6M | $283.7M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0050% | 4h | 93.505 | −0.074% | $87.6M | $81.8M | 100x | as long as short |
| Binance HYPEUSDT | +0.0051% | 4h | 93.557 | −0.018% | $382.3M | $896.1M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0062% | 4h | 93.464 | −0.118% | $5.1M | $29.7M | 30x | as long as short |
| Phemex HYPEUSDT | +0.0070% | 8h | 93.562 | −0.013% | $12.7M | $2.6M | 50x | as long as short |
| Gate HYPE_USDT | +0.0074% | 4h | 93.500 | −0.079% | $43.9M | $59.7M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0080% | 1h | 93.498 | −0.081% | $59K | $1.2M | 50x | as long as short |
| Bullet HYPE-USD | +0.0092% | 1h | 93.508 | −0.071% | $113K | $576K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.594 | +0.021% | $18.8M | $60.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.567 | −0.008% | $3.0M | $12.3M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.545 | −0.031% | $398K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.525 | −0.053% | $340K | $171K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0099% | 8h | 93.552 | −0.024% | $115.3M | $320.6M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.470 | −0.111% | $22K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.489 | −0.091% | $5.7M | $44.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.543 | −0.034% | $10.1M | $14.5M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.625 | +0.054% | $204K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.523 | −0.055% | $46.3M | $18.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.557 | −0.018% | $226.6M | $102.6M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.509 | −0.070% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.516 | −0.062% | $7.8M | $10.5M | 20x | as long as short |
| Variational Omni HYPElong | +0.0100% | 8h | 93.574 | long leg | $31.2M | $54.0M | — | |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.619 | +0.048% | $7.6M | $45.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.485 | −0.095% | $358K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.557 | −0.018% | $676K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.533 | −0.044% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.530 | −0.047% | $490K | $2.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.525 | −0.053% | $76K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.570 | −0.005% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.548 | −0.028% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.893% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.523 | −0.054% | $18.3M | $42.8M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0134% | 8h | 93.585 | +0.012% | $1.9M | $5.0M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.610 | +0.038% | $4.9M | $5.7M | 50x | as long as short |
| Hyperliquid HYPE | +0.0161% | 1h | 93.537 | −0.040% | $2.03B | $677.0M | 10x | as long as short |
| BloFin HYPE-USDT | +0.0203% | 4h | 93.528 | −0.049% | $17.1M | $12.6M | 75x | as long as short |
| HTX HYPE-USDT | +0.0206% | 4h | 93.745 | +0.182% | $1.5M | $7.8M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0249% | 1h | 93.503 | −0.076% | $77K | $142K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.547 | −0.029% | $2.8M | $6.9M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0337% / S −0.0163% | 1h | 93.537 | −0.040% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0455% | 1h | 93.646 | +0.077% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0580% | 1h | 93.633 | +0.062% | $20.9M | $29.5M | 50x | as long as short |
Aster HYPEUSDT
Phoenix HYPE
Derive HYPE-PERP
Bybit HYPEUSDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Phemex HYPEUSDT
Gate HYPE_USDT
Popdex HYPEUSDT
Bullet HYPE-USD
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
OKX HYPE-USDT-SWAP
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Hyperliquid HYPE
BloFin HYPE-USDT
HTX HYPE-USDT
Reya HYPERUSDPERP
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD