Funding you earn now, next payment 03:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.046%
Price spread now: HTX against Vest+0.181%7-day average +0.058% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.168%+$17 on $10k
+Price spread, last 3 days (all we have)−0.168%−$17 · spread now +0.181%, 7d avg +0.058%
=Together, before fees−0.001%+ Points / potential airdropVest: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.123% dearer against Vest than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest HYPE-PERP | 93.331 | 0.0100 | pay 0.0013% / 1h | 51m 59s | — | $243K | 5x |
| Short | HTX HYPE-USDT | 93.500 | 0.0216 | get 0.0108% / 4h | 1h 51m | $1.4M | $5.9M | 75x |
Vest HYPE-PERP
HTX HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $24.31
- Price spread: +0.181% → +0.058%
- $12.29
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $22.6
- Costs to cover
- 0.140%
- Break-even
- 0.5 days
Slippage unknown: Vest: no order-book sample; HTX: live order book, 2 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 HTX live order book, 2 min ago | 0.59 bp | 11.1 bp −$11 | 17.7 bp −$177 | 57.8 bp −$5,778 | 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 54 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 | −0.1152% | 1h | 93.125 | −0.221% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.184 | −0.157% | $1.2M | $3.8M | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0234% | 1h | 93.259 | −0.077% | $79K | $170K | 20x | as long as short |
| ApeX Omni HYPEUSDT | −0.0172% | 1h | 93.008 | −0.346% | $336K | $1.0M | 50x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.079 | −0.270% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0049% | 4h | 93.280 | −0.054% | $156K | $639K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0048% | 1h | 93.343 | +0.013% | $85K | $346K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0043% | 8h | 93.347 | +0.017% | $12.6M | $2.7M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0019% | 1h | 93.230 | −0.108% | $696K | $908K | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0001% | 1h | 93.212 | −0.127% | $22K | $21K | 10x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Bluefin HYPE-PERP
ApeX Omni HYPEUSDT
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
Phemex HYPEUSDT
Ondo Perps HYPE-USD.P
Aftermath Perps HYPEUSDShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX HYPE-USD | 0.0000% | 1h | 93.306 | −0.027% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.289 | −0.044% | $22K | $321K | 10x | as long as short |
| Aster HYPEUSDT | +0.0001% | 4h | 93.372 | +0.044% | $8.8M | $35.3M | 300x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.307 | −0.026% | $25K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0008% | 4h | 93.347 | +0.017% | — | $53.1M | — | as long as short |
| Bybit HYPEUSDT | +0.0018% | 8h | 93.340 | +0.010% | $321.3M | $274.8M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.056 | −0.294% | $210K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0036% | 4h | 93.341 | +0.011% | $44.5M | $54.2M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0079% | 8h | 93.350 | +0.021% | $114.5M | $300.9M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0080% | 4h | 93.359 | +0.030% | $87.8M | $79.9M | 100x | as long as short |
| Binance HYPEUSDT | +0.0080% | 4h | 93.360 | +0.031% | $379.2M | $872.0M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0081% | 4h | 93.009 | −0.345% | $5.0M | $29.8M | 30x | as long as short |
| Bullet HYPE-USD | +0.0083% | 1h | 93.320 | −0.012% | $111K | $577K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.375 | +0.048% | $16.3M | $61.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.361 | +0.032% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.323 | −0.008% | $68K | $1.2M | 50x | as long as short |
| Derive HYPE-PERP | +0.0097% | 1h | 93.263 | −0.073% | $16.2M | $7.6M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.349 | +0.020% | $339K | $162K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.310 | −0.022% | $38K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.296 | −0.038% | $5.7M | $43.3M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.423 | +0.099% | $2.04B | $653.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.318 | −0.014% | $10.0M | $14.6M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.352 | +0.023% | $46.1M | $18.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.326 | −0.005% | $225.8M | $96.6M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.335 | +0.005% | $7.4M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.170 | −0.173% | $31.0M | $54.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.978 | −0.378% | $7.5M | $46.3M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.195 | −0.146% | $665K | $2.6M | 20x | as long as short |
| Vest HYPE-PERPlong | +0.0100% | 1h | 93.331 | long leg | — | $243K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.322 | −0.009% | $474K | $2.4M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.420 | +0.096% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.302 | −0.031% | $2.0M | $1.9M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.998 | −0.357% | $202K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.325 | −0.006% | $18.2M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.303 | −0.030% | $397K | $170K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.400 | +0.074% | $4.9M | $5.4M | 50x | as long as short |
| HTX HYPE-USDTshort | +0.0216% | 4h | 93.500 | +0.181% | $1.4M | $5.9M | 75x | |
| Reya HYPERUSDPERP | +0.0257% | 1h | 93.302 | −0.031% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0275% | 8h | 93.367 | +0.039% | $1.9M | $4.8M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.326 | −0.005% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0404% | 1h | 93.382 | +0.055% | $7.4M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.403 | +0.077% | $3.2M | $6.7M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.010 | −0.344% | $30K | $338K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0685% | 1h | 93.365 | +0.037% | $20.8M | $29.9M | 50x | as long as short |
dYdX HYPE-USD
Perpl HYPE
Aster HYPEUSDT
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Bybit HYPEUSDT
Phoenix HYPE
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Bullet HYPE-USD
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Derive HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD