HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0956%/8h= +104.7% APRnext payment +$1.20 per $10,000 · paid last 24h −0.274%

Price spread now: Hibachi against Vest+0.083%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · Hibachi: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Hibachi is 0.083% dearer against Vest than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest HYPE-PERP	95.092	0.0100	pay 0.0013% / 1h	43m 10s	—	$80K	5x
Short	Hibachi HYPE/USDT-P	95.170	0.1056	get 0.0132% / 1h	43m 10s	$216K	$292K	7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Vest. 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

Position, each leg$Hold fordaysFee VestbpFee HibachibpOrdersPrice spread, now +0.083%Rate

Funding earned: $200.76
Price spread: +0.083% → 0.000%: $8.27
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $198.03
Costs to cover: 0.110%
Break-even: 0.1 days

Slippage unknown: Vest: no order-book sample; Hibachi: live order book, 64 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 Hibachi live order book, 64 min ago	2.90 bp	31.6 bp −$32	63.1 bp −$631	doesn't fit	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 exchanges

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
Kraken Futures PF_HYPEUSD	−0.0281%	1h	95.085	−0.007%	$18.3M	$32.0M	50x	as long as short
Phemex HYPEUSDT	−0.0259%	8h	95.053	−0.041%	$13.0M	$2.2M	50x	as long as short
Bluefin HYPE-PERP	−0.0207%	1h	95.060	−0.033%	$79K	$131K	20x	as long as short
Ondo Perps HYPE-USD.P	−0.0167%	1h	94.960	−0.138%	$676K	$1.3M	10x	as long as short
Aster HYPEUSDT	−0.0100%	4h	95.046	−0.048%	$9.0M	$34.7M	300x	as long as short
01 Exchange HYPEUSD	−0.0080%	1h	95.052	−0.042%	$102K	$352K	20x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	94.894	−0.208%	$3K	$421	25x	as long as short
Orderly PERP_HYPE_USDC	−0.0078%	4h	95.025	−0.070%	$148K	$642K	20x	as long as short
Gate HYPE_USDT	−0.0068%	4h	95.038	−0.056%	$56.1M	$52.8M	75x	as long as short
Coinbase International HYPE-PERP-INTX	−0.0064%	1h	95.050	−0.044%	$4.8M	$5.4M	50x	as long as short

Show all 55 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter HYPE	−0.0056%	1h	95.061	−0.032%	$16.6M	$55.4M	20x	as long as short
OKX HYPE-USDT-SWAP	−0.0047%	8h	95.065	−0.028%	$118.6M	$305.3M	50x	as long as short
Aftermath Perps HYPEUSD	−0.0032%	1h	94.952	−0.146%	$22K	$17K	10x	as long as short
Bitget HYPEUSDT	−0.0030%	4h	95.073	−0.020%	$230.3M	$85.9M	75x	as long as short
ApeX Omni HYPEUSDT	−0.0017%	1h	94.948	−0.151%	$323K	$924K	50x	as long as short
Phoenix HYPE	−0.0017%	1h	95.001	−0.095%	$200K	$1.1M	10x	as long as short
Derive HYPE-PERP	−0.0014%	1h	94.993	−0.104%	$16.4M	$7.0M	10x	as long as short
dYdX HYPE-USD	0.0000%	1h	95.046	−0.048%	$128K	$96K	5x	as long as short
Perpl HYPE	0.0000%	43m	95.053	−0.040%	$24K	$250K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	95.058	−0.036%	$99K	—	150x	as long as short
Bullet HYPE-USD	+0.0007%	1h	95.042	−0.052%	$113K	$583K	20x	as long as short
edgeX HYPEUSDC	+0.0011%	4h	94.878	−0.224%	$5.0M	$28.3M	30x	as long as short
BingX HYPE-USDT	+0.0026%	4h	95.024	−0.071%	—	$50.3M	—	as long as short
MEXC HYPE_USDT	+0.0030%	4h	95.068	−0.025%	$88.5M	$83.0M	100x	as long as short
Binance HYPEUSDT	+0.0031%	4h	95.074	−0.019%	$382.9M	$852.3M	75x	as long as short
Bybit HYPEUSDT	+0.0031%	8h	95.080	−0.012%	$321.1M	$262.6M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0044%	1h	94.996	−0.101%	$6.8M	$12.3M	20x	as long as short
Lighter RH HYPE	+0.0064%	1h	95.074	−0.019%	$3.2M	$9.9M	20x	as long as short
KuCoin HYPEUSDTM	+0.0082%	4h	95.062	−0.031%	$47.4M	$17.8M	75x	as long as short
Popdex HYPEUSDT	+0.0088%	1h	95.037	−0.057%	$273K	$1.0M	50x	as long as short
Aevo HYPE-PERP	+0.0088%	1h	95.061	−0.032%	$402K	$125K	20x	as long as short
Paradex HYPE-USD-PERP	+0.0092%	8h	95.067	−0.026%	$339K	$31K	20x	as long as short
Katana Perps HYPE-USD	+0.0099%	8h	94.990	−0.107%	$39K	$1.5M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	95.027	−0.067%	$7.3M	$50.0M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	95.074	−0.019%	$10.2M	$12.8M	20x	as long as short
Arcus HYPE-USD	+0.0100%	1h	95.051	−0.043%	$1.0M	$2.8M	10x	as long as short
Variational Omni HYPE	+0.0100%	8h	94.751	−0.358%	$30.0M	$52.5M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	94.962	−0.136%	$7.7M	$41.3M	10x	as long as short
StandX HYPE-USD	+0.0100%	1h	94.917	−0.184%	$690K	$2.7M	20x	as long as short
Vest HYPE-PERPlong	+0.0100%	1h	95.092	long leg	—	$80K	5x
Polymarket Perps HYPE-USD	+0.0100%	1h	95.050	−0.044%	$492K	$2.4M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	95.135	+0.046%	$32K	$1.4M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	95.074	−0.019%	$2.1M	$335K	10x	as long as short
HTX HYPE-USDT	+0.0100%	4h	95.160	+0.072%	$1.4M	$5.3M	75x	as long as short
Bulk HYPE-USD	+0.0100%	1h	94.959	−0.140%	$228K	$20K	10x	as long as short
Extended HYPE-USD	+0.0104%	1h	95.042	−0.053%	$18.1M	$37.6M	50x	as long as short
Hyperliquid HYPE	+0.0109%	1h	95.133	+0.044%	$2.11B	$644.0M	10x	as long as short
Kalshi KXHYPEPERP	+0.0120%	8h	95.116	+0.026%	$1.8M	$5.1M	2.3x	as long as short
BloFin HYPE-USDT	+0.0123%	4h	95.072	−0.021%	$17.5M	$11.5M	75x	as long as short
RISEx HYPE/USDC	+0.0138%	1h	95.060	−0.033%	$3.1M	$5.2M	20x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0160%	1h	95.142	+0.053%	$7.5M	$4.2M	50x	as long as short
Reya HYPERUSDPERP	+0.0268%	1h	95.007	−0.089%	$85K	$90K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0327% / S −0.0152%	1h	95.061	−0.032%	$1.4M	—	100x	as long as short
Hibachi HYPE/USDT-Pshort	+0.1056%	1h	95.170	+0.083%	$216K	$292K	7x
Injective HYPE/USDC PERP	+0.1234%	1h	95.420	+0.345%	$31K	$334K	12x	as long as short