Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%
Price spread now: Gate against Vest−0.083%7-day average −0.021% · 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)+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.083%, 7d avg −0.021%
=Together, before fees+0.016%+ Points / potential airdropVest: Active · farm board+$2 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: Gate is 0.062% cheaper against Vest than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest HYPE-PERP | 93.227 | 0.0100 | pay 0.0013% / 1h | 28m 25s | — | $243K | 5x |
| Short | Gate HYPE_USDT | 93.150 | 0.0100 | get 0.0050% / 4h | 2h 28m | $46.7M | $54.3M | 75x |
Vest HYPE-PERP
Gate HYPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.083% → −0.021%
- −$6.22
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$23.22
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Gate: 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 Gate live order book, 5 min ago | 0.43 bp | 10.3 bp −$10 | 16.5 bp −$165 | 33.2 bp −$3,323 | 55.8 bp −$27.9K |
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 | −0.1512% | 1h | 93.260 | +0.035% | $197K | $237K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0368% | 1h | 93.253 | +0.027% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.227 | 0.000% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0066% | 1h | 93.099 | −0.138% | $111K | $580K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0023% | 4h | 93.211 | −0.018% | $146K | $662K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0008% | 1h | 93.174 | −0.057% | $87K | $365K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.218 | −0.011% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.155 | −0.078% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.280 | +0.056% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.126 | −0.109% | $1.0M | $3.9M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0014% | 4h | 93.124 | −0.111% | $225.0M | $98.8M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0017% | 8h | 93.130 | −0.104% | $316.4M | $282.7M | 75x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0022% | 1h | 93.160 | −0.072% | $702K | $1.2M | 10x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.282 | +0.059% | $207K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0049% | 8h | 93.222 | −0.006% | $12.7M | $2.8M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0088% | 4h | 93.175 | −0.056% | $5.0M | $30.0M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 93.200 | −0.030% | $339K | $157K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.166 | −0.065% | $16.1M | $63.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.165 | −0.067% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.143 | −0.091% | $75K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.170 | −0.062% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.147 | −0.087% | $7.9M | $48.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.196 | −0.034% | $2.03B | $669.1M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.167 | −0.064% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.171 | −0.060% | $10.0M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.139 | −0.095% | $373.2M | $912.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.133 | −0.101% | $114.2M | $308.7M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.230 | +0.003% | $215K | $15K | 10x | as long as short |
| Gate HYPE_USDTshort | +0.0100% | 4h | 93.150 | −0.083% | $46.7M | $54.3M | 75x | |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.135 | −0.099% | $90.8M | $81.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.146 | −0.087% | $46.0M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.150 | −0.083% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.221 | −0.007% | $7.3M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.131 | −0.104% | $28.5M | $56.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.193 | −0.037% | $7.5M | $47.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.165 | −0.067% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.238 | +0.011% | $667K | $2.8M | 20x | as long as short |
| Vest HYPE-PERPlong | +0.0100% | 1h | 93.227 | long leg | — | $243K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.151 | −0.082% | $483K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.232 | +0.005% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.211 | −0.017% | $16.1M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.260 | +0.035% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.191 | −0.039% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.425 | +0.212% | $1.4M | $6.5M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.118 | −0.117% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.223 | −0.005% | $394K | $158K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0106% | 8h | 93.272 | +0.048% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.190 | −0.040% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.310 | +0.089% | $4.6M | $5.8M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.118 | −0.118% | $80K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.274 | +0.050% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.309 | +0.088% | $16.8M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0342% | 1h | 93.251 | +0.026% | $20.8M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0447% | 1h | 93.306 | +0.084% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.213 | −0.015% | $3.2M | $6.3M | 20x | as long as short |
Bitget HYPEUSDT
Bybit HYPEUSDT
Ondo Perps HYPE-USD.P
Phoenix HYPE
Phemex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
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
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC