Funding you earn now, next payment 22:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.001%
Price spread now: Bitget against Vest−0.032%7-day average −0.020% · 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)+0.096%+$10 on $10k
+Price spread, last 3 days (all we have)−0.342%−$34 · spread now −0.032%, 7d avg −0.020%
=Together, before fees−0.246%+ Points / potential airdropVest: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest HYPE-PERP | 93.265 | 0.0080 | pay 0.0010% / 1h | 3m 57s | — | $454K | 5x |
| Short | Bitget HYPEUSDT | 93.235 | 0.0100 | get 0.0050% / 4h | 2h 03m | $226.5M | $102.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Vest. 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
- $4.22
- Price spread: −0.032% → −0.020%
- −$1.26
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$11.05
- Costs to cover
- 0.140%
- Break-even
- 25.3 days
Slippage unknown: Vest: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 0.05 bp | 7.9 bp −$8 | 13.3 bp −$133 | 16.2 bp −$1,617 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.0824% | 1h | 93.268 | +0.003% | $197K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0259% | 1h | 93.324 | +0.063% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0229% | 1h | 93.210 | −0.059% | $700K | $933K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.223 | −0.045% | $90K | $360K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.264 | −0.001% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0044% | 1h | 93.205 | −0.064% | $111K | $580K | 20x | as long as short |
| Derive HYPE-PERP | −0.0035% | 1h | 93.178 | −0.093% | $16.3M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.280 | +0.016% | $127K | $32K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.376 | +0.119% | $1.9M | $5.3M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.250 | −0.016% | $23K | $334K | 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 | 93.268 | +0.003% | $20K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0010% | 4h | 93.215 | −0.054% | $8.9M | $35.7M | 300x | as long as short |
| Gate HYPE_USDT | +0.0028% | 4h | 93.223 | −0.045% | $43.9M | $57.9M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0029% | 8h | 93.210 | −0.059% | $324.6M | $287.1M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0032% | 1h | 93.232 | −0.035% | $56K | $1.2M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0052% | 4h | 93.255 | −0.011% | $167K | $540K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.279 | +0.015% | $215K | $1.2M | 10x | as long as short |
| Vest HYPE-PERPlong | +0.0080% | 1h | 93.265 | long leg | — | $454K | 5x | |
| SoDEX HYPE-USD | +0.0084% | 1h | 93.220 | −0.048% | $2.0M | $2.0M | 10x | as long as short |
| Bluefin HYPE-PERP | +0.0096% | 1h | 93.226 | −0.042% | $76K | $168K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.266 | +0.001% | $18.6M | $60.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.251 | −0.015% | $3.1M | $12.4M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.289 | +0.026% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.250 | −0.016% | $36K | $1.6M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.284 | +0.020% | $674K | $2.5M | 20x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.208 | −0.061% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.298 | +0.035% | $2.03B | $671.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.268 | +0.003% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.223 | −0.045% | $384.7M | $889.2M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.209 | −0.060% | $114.6M | $314.4M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.208 | −0.061% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.285 | +0.021% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.223 | −0.045% | $92.8M | $82.5M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.233 | −0.034% | $46.1M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDTshort | +0.0100% | 4h | 93.235 | −0.032% | $226.5M | $102.6M | 75x | |
| BingX HYPE-USDT | +0.0100% | 4h | 93.207 | −0.062% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.259 | −0.006% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.211 | −0.058% | $29.0M | $50.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.304 | +0.042% | $7.5M | $45.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.323 | +0.062% | $405K | $1.0M | 50x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.262 | −0.003% | $492K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.307 | +0.045% | $32K | $1.6M | 20x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.242 | −0.025% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.212 | −0.057% | $18.4M | $41.7M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.204 | −0.065% | $396K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0113% | 4h | 93.268 | +0.003% | $5.1M | $29.4M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.360 | +0.102% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.208 | −0.061% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.910 | +0.692% | $31K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0295% | 4h | 93.468 | +0.218% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.266 | +0.001% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.244 | −0.023% | $17.1M | $12.4M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0361% | 1h | 93.340 | +0.080% | $7.4M | $4.6M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.289 | +0.026% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0574% | 1h | 93.393 | +0.138% | $19.5M | $26.7M | 50x | as long as short |
Bitget HYPEUSDT
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Bullet HYPE-USD
Derive HYPE-PERP
Kalshi KXHYPEPERP
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Popdex HYPEUSDT
Phoenix HYPE
SoDEX HYPE-USD
Bluefin HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
StandX HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
Polymarket Perps HYPE-USD
SunX HYPE-USDT
Phemex HYPEUSDT
Extended HYPE-USD
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD