Funding you earn now, next payment 00:55 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.016%
Price spread now: Perpl against Vest+0.010%7-day average +0.017% · 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)+0.046%+$5 on $10k
+Price spread, last 3 days (all we have)+0.067%+$7 · spread now +0.010%, 7d avg +0.017%
=Together, before fees+0.113%+ Points / potential airdropVest: Active · Perpl: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: −$3 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 | 93.910 | 0.0100 | pay 0.0013% / 1h | 3m 39s | — | $243K | 5x |
| Short | Perpl HYPE | 93.919 | 0 | get 0.0000% / 43m | 25m 39s | $23K | $327K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- −$21
- Price spread: +0.010% → +0.017%
- −$0.69
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$37.49
- Costs to cover
- 0.158%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Perpl: no order-book sample. 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 Perpl no order-book sample | — | — | — | — | — |
Vest and Perpl: 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 | −0.1120% | 1h | 93.756 | −0.164% | $198K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 93.785 | −0.133% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0194% | 1h | 93.910 | 0.000% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0090% | 1h | 93.810 | −0.106% | $710K | $958K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.884 | −0.027% | $86K | $359K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.912 | +0.003% | $3K | $331 | 25x | as long as short |
| dYdX HYPE-USD | −0.0079% | 1h | 93.695 | −0.228% | $128K | $31K | 5x | as long as short |
| Phemex HYPEUSDT | −0.0073% | 8h | 93.801 | −0.116% | $12.8M | $2.6M | 50x | as long as short |
| Bullet HYPE-USD | −0.0046% | 1h | 93.872 | −0.040% | $113K | $580K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0035% | 4h | 93.840 | −0.074% | $159K | $643K | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPE_USDT | −0.0014% | 4h | 93.709 | −0.214% | $44.4M | $60.4M | 75x | as long as short |
| Perpl HYPEshort | 0.0000% | 43m | 93.919 | +0.010% | $23K | $327K | 10x | |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.898 | −0.012% | $27K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0004% | 4h | 93.739 | −0.182% | $8.9M | $36.0M | 300x | as long as short |
| Derive HYPE-PERP | +0.0016% | 1h | 93.810 | −0.106% | $16.4M | $7.6M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0025% | 8h | 93.650 | −0.276% | $322.1M | $278.7M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 94.045 | +0.144% | $214K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0054% | 4h | 93.660 | −0.266% | $87.9M | $83.4M | 100x | as long as short |
| Binance HYPEUSDT | +0.0054% | 4h | 93.678 | −0.247% | $382.5M | $893.6M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0072% | 8h | 93.641 | −0.286% | $115.8M | $313.9M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0074% | 4h | 93.859 | −0.054% | $5.1M | $29.7M | 30x | as long as short |
| Bluefin HYPE-PERP | +0.0076% | 1h | 93.841 | −0.073% | $76K | $170K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.697 | −0.226% | $18.9M | $60.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.678 | −0.247% | $3.0M | $12.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.881 | −0.030% | $64K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.851 | −0.062% | $399K | $180K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.681 | −0.244% | $340K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.900 | −0.010% | $31K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.927 | +0.019% | $6.6M | $44.6M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.750 | −0.170% | $2.04B | $669.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.686 | −0.238% | $10.1M | $14.7M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.672 | −0.253% | $46.5M | $18.2M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.666 | −0.259% | $226.8M | $100.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.662 | −0.264% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.736 | −0.185% | $7.9M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.768 | −0.151% | $31.3M | $53.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.999 | +0.095% | $7.6M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.020 | +0.118% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.827 | −0.088% | $670K | $2.6M | 20x | as long as short |
| Vest HYPE-PERPlong | +0.0100% | 1h | 93.910 | long leg | — | $243K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.906 | −0.004% | $474K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.940 | +0.032% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.824 | −0.091% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.894 | −0.017% | $204K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.690 | −0.233% | $18.4M | $44.9M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.900 | −0.010% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 93.760 | −0.159% | $30K | $338K | 12x | as long as short |
| BloFin HYPE-USDT | +0.0216% | 4h | 93.818 | −0.098% | $17.1M | $12.1M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 93.933 | +0.025% | $2.7M | $6.7M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0246% | 8h | 93.912 | +0.003% | $1.9M | $5.1M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0252% | 1h | 93.873 | −0.039% | $79K | $143K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0157% | 1h | 93.895 | −0.015% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0366% | 4h | 94.112 | +0.216% | $1.5M | $6.0M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0421% | 1h | 93.922 | +0.013% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0672% | 1h | 93.906 | −0.004% | $20.9M | $29.7M | 50x | as long as short |
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Phemex HYPEUSDT
Bullet HYPE-USD
Gate HYPE_USDT
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Derive HYPE-PERP
Bybit HYPEUSDT
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
edgeX HYPEUSDC
Bluefin HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
BloFin HYPE-USDT
RISEx HYPE/USDC
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD