HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: Aevo against Vest−0.098%52s7-day average +0.018% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.128%+$13 on $10k

Price spread, last 3 days (all we have)+0.089%+$9 · spread now −0.098%, 7d avg +0.018%

Together, before fees+0.217%+ Points / potential airdropVest: Active · farm board+$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.116% cheaper against Vest than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest HYPE-PERP	93.003	0.0100	pay 0.0013% / 1h	49m 26s	—	$454K	5x
Short	Aevo HYPE-PERP	92.912	0.0104	get 0.0013% / 1h	49m 26s	$395K	$318K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Vest. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee VestbpFee AevobpOrdersPrice spread, now −0.098%Rate

Funding earned: $0.84
Price spread: −0.098% → +0.018%: −$11.59
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$28.75
Costs to cover: 0.180%
Break-even: 246.6 days

Slippage unknown: Vest: no order-book sample; Aevo: live order book, 35 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 Vest no order-book sample	—	—	—	—	—
Sell Aevo live order book, 35 min ago	4.37 bp	13.2 bp −$13	17.1 bp −$171	22.6 bp −$2,259	doesn't fit

Vest: 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
Aftermath Perps HYPEUSD	−0.0298%	1h	93.027	+0.025%	$22K	$22K	10x	as long as short
Arcus HYPE-USD	−0.0131%	1h	92.927	−0.082%	$1.2M	$4.0M	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	92.961	−0.045%	$3K	$331	25x	as long as short
Hibachi HYPE/USDT-P	−0.0056%	1h	92.964	−0.042%	$196K	$231K	7x	as long as short
01 Exchange HYPEUSD	−0.0016%	1h	92.996	−0.008%	$90K	$365K	20x	as long as short
Derive HYPE-PERP	−0.0002%	1h	92.860	−0.154%	$16.3M	$7.1M	10x	as long as short
Aster HYPEUSDT	0.0000%	4h	92.952	−0.055%	$8.9M	$36.0M	300x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.009	+0.006%	$127K	$32K	5x	as long as short
Kalshi KXHYPEPERP	0.0000%	8h	93.031	+0.030%	$1.9M	$5.3M	2.3x	as long as short
Perpl HYPE	0.0000%	43m	92.957	−0.049%	$23K	$331K	10x	as long as short

Show 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	93.029	+0.028%	$20K	—	150x	as long as short
Ondo Perps HYPE-USD.P	+0.0009%	1h	92.900	−0.111%	$697K	$921K	10x	as long as short
Popdex HYPEUSDT	+0.0016%	1h	92.971	−0.034%	$57K	$1.2M	50x	as long as short
Bybit HYPEUSDT	+0.0032%	8h	92.970	−0.035%	$323.2M	$286.9M	75x	as long as short
Phoenix HYPE	+0.0034%	1h	93.039	+0.039%	$215K	$1.2M	10x	as long as short
Orderly PERP_HYPE_USDC	+0.0041%	4h	92.916	−0.094%	$165K	$515K	20x	as long as short
Gate HYPE_USDT	+0.0060%	4h	92.955	−0.052%	$44.0M	$57.3M	75x	as long as short
Bullet HYPE-USD	+0.0084%	1h	92.988	−0.016%	$112K	$579K	20x	as long as short
Lighter HYPE	+0.0096%	1h	93.013	+0.011%	$18.5M	$58.5M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	92.978	−0.027%	$3.0M	$12.1M	20x	as long as short
MEXC HYPE_USDT	+0.0098%	4h	92.982	−0.023%	$90.1M	$81.4M	100x	as long as short
Binance HYPEUSDT	+0.0098%	4h	93.000	−0.003%	$382.7M	$892.0M	75x	as long as short
Paradex HYPE-USD-PERP	+0.0099%	8h	92.961	−0.045%	$338K	$170K	20x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	92.960	−0.046%	$40K	$1.6M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	92.955	−0.052%	$5.9M	$44.1M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.002	−0.001%	$2.02B	$670.9M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	92.981	−0.024%	$10.0M	$14.3M	20x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	92.976	−0.029%	$113.9M	$314.0M	50x	as long as short
Bulk HYPE-USD	+0.0100%	1h	92.884	−0.128%	$203K	$10K	10x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	92.997	−0.006%	$47.1M	$19.1M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	93.003	0.000%	$225.4M	$102.9M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	92.979	−0.026%	—	$54.2M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	92.936	−0.072%	$7.8M	$11.7M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	92.887	−0.125%	$28.9M	$50.5M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	92.983	−0.022%	$7.5M	$45.3M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.016	+0.014%	$411K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.000	−0.003%	$673K	$2.5M	20x	as long as short
Vest HYPE-PERPlong	+0.0100%	1h	93.003	long leg	—	$454K	5x
Polymarket Perps HYPE-USD	+0.0100%	1h	93.007	+0.004%	$492K	$2.6M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	92.933	−0.075%	$75K	$167K	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.019	+0.017%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	92.913	−0.097%	$2.0M	$2.0M	10x	as long as short
Phemex HYPEUSDT	+0.0100%	8h	92.959	−0.047%	$12.7M	$2.6M	50x	as long as short
Extended HYPE-USD	+0.0104%	1h	92.939	−0.068%	$18.3M	$42.2M	50x	as long as short
Aevo HYPE-PERPshort	+0.0104%	1h	92.912	−0.098%	$395K	$318K	20x
edgeX HYPEUSDC	+0.0108%	4h	92.923	−0.086%	$5.0M	$29.5M	30x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0176%	1h	92.950	−0.057%	$4.9M	$5.7M	50x	as long as short
Injective HYPE/USDC PERP	+0.0239%	1h	92.820	−0.197%	$30K	$338K	12x	as long as short
Reya HYPERUSDPERP	+0.0246%	1h	92.985	−0.019%	$77K	$158K	15x	as long as short
RISEx HYPE/USDC	+0.0280%	1h	93.029	+0.028%	$2.7M	$6.8M	20x	as long as short
HTX HYPE-USDT	+0.0292%	4h	93.139	+0.146%	$1.5M	$7.6M	75x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0340% / S −0.0159%	1h	93.016	+0.014%	$1.5M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	92.975	−0.030%	$17.0M	$12.4M	75x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0385%	1h	93.019	+0.017%	$7.4M	$4.6M	50x	as long as short
Kraken Futures PF_HYPEUSD	+0.0467%	1h	93.040	+0.039%	$20.7M	$28.5M	50x	as long as short