Funding you earn now, next payment 02:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.038%
Price spread now: RISEx against Vest+0.016%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)+0.237%+$24 on $10k
+Price spread, last 4 days (all we have)−1.095%−$110 · spread now +0.016%, 7d avg +0.017%
=Together, before fees−0.858%+ Points / potential airdropVest: Active · farm board−$86 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 | 93.425 | 0.0100 | pay 0.0013% / 1h | 36m 07s | — | $243K | 5x |
| Short | RISEx HYPE/USDC | 93.440 | 0.0210 | get 0.0026% / 1h | 36m 07s | $2.7M | $6.7M | 20x |
Vest HYPE-PERP
RISEx HYPE/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $23.01
- Price spread: +0.016% → +0.017%
- −$0.08
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $14.92
- Costs to cover
- 0.080%
- Break-even
- 2.5 days
Slippage unknown: Vest: no order-book sample; RISEx: live order book, 3 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 RISEx live order book, 3 min ago | 3.00 bp | 6.0 bp −$6 | 7.5 bp −$75 | 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 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 | −0.0920% | 1h | 93.285 | −0.150% | $197K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.274 | −0.161% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0168% | 1h | 93.268 | −0.168% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0122% | 1h | 93.340 | −0.091% | $698K | $985K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.204 | −0.236% | $3K | $331 | 25x | as long as short |
| Backpack HYPE_USDC_PERP | −0.0076% | 1h | 93.436 | +0.012% | $7.8M | $10.4M | 20x | as long as short |
| Gate HYPE_USDT | −0.0076% | 4h | 93.468 | +0.046% | $44.3M | $54.4M | 75x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.437 | +0.013% | $85K | $358K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0062% | 8h | 93.432 | +0.008% | $12.7M | $2.7M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0056% | 4h | 93.454 | +0.031% | $156K | $652K | 20x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Backpack HYPE_USDC_PERP
Gate HYPE_USDT
01 Exchange HYPEUSD
Phemex HYPEUSDT
Orderly PERP_HYPE_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | −0.0034% | 4h | 93.457 | +0.035% | $8.9M | $36.3M | 300x | as long as short |
| Bluefin HYPE-PERP | −0.0016% | 1h | 93.451 | +0.028% | $79K | $173K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.349 | −0.081% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.419 | −0.006% | $22K | $333K | 10x | as long as short |
| BingX HYPE-USDT | +0.0002% | 4h | 93.467 | +0.045% | — | $54.3M | — | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.471 | +0.049% | $26K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0004% | 8h | 93.446 | +0.023% | $321.1M | $285.5M | 75x | as long as short |
| Bullet HYPE-USD | +0.0031% | 1h | 93.449 | +0.026% | $112K | $579K | 20x | as long as short |
| MEXC HYPE_USDT | +0.0042% | 4h | 93.486 | +0.066% | $87.9M | $82.6M | 100x | as long as short |
| Binance HYPEUSDT | +0.0042% | 4h | 93.492 | +0.072% | $380.3M | $906.9M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0056% | 4h | 93.153 | −0.291% | $5.1M | $30.0M | 30x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.170 | −0.273% | $210K | $1.2M | 10x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0065% | 8h | 93.466 | +0.044% | $114.9M | $315.6M | 50x | as long as short |
| Derive HYPE-PERP | +0.0066% | 1h | 93.427 | +0.003% | $16.2M | $7.7M | 10x | as long as short |
| Aevo HYPE-PERP | +0.0088% | 1h | 93.473 | +0.052% | $398K | $177K | 20x | as long as short |
| ApeX Omni HYPEUSDT | +0.0091% | 1h | 93.160 | −0.283% | $337K | $1.1M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 93.430 | +0.006% | $339K | $165K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.488 | +0.068% | $16.4M | $62.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.486 | +0.066% | $3.1M | $11.9M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.426 | +0.001% | $66K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.390 | −0.037% | $21K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.377 | −0.051% | $5.6M | $45.3M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.552 | +0.137% | $2.04B | $669.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.399 | −0.028% | $10.0M | $14.8M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.480 | +0.059% | $46.1M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.474 | +0.053% | $226.2M | $100.7M | 75x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.411 | −0.015% | $31.0M | $54.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.253 | −0.184% | $7.5M | $48.3M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.254 | −0.183% | $665K | $2.6M | 20x | as long as short |
| Vest HYPE-PERPlong | +0.0100% | 1h | 93.425 | long leg | — | $243K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.482 | +0.061% | $468K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.516 | +0.098% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.476 | +0.055% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.348 | −0.083% | $203K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.452 | +0.029% | $18.3M | $44.5M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.540 | +0.123% | $4.9M | $5.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 93.230 | −0.208% | $30K | $338K | 12x | as long as short |
| BloFin HYPE-USDT | +0.0175% | 4h | 93.407 | −0.019% | $17.0M | $12.1M | 75x | as long as short |
| RISEx HYPE/USDCshort | +0.0210% | 1h | 93.440 | +0.016% | $2.7M | $6.7M | 20x | |
| HTX HYPE-USDT | +0.0225% | 4h | 93.600 | +0.188% | $1.4M | $6.2M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0254% | 1h | 93.437 | +0.013% | $79K | $142K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0264% | 8h | 93.424 | −0.001% | $1.9M | $5.2M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0334% / S −0.0158% | 1h | 93.466 | +0.044% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0574% | 1h | 93.579 | +0.165% | $7.5M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0682% | 1h | 93.566 | +0.151% | $20.9M | $30.2M | 50x | as long as short |
Aster HYPEUSDT
Bluefin HYPE-PERP
dYdX HYPE-USD
Perpl HYPE
BingX HYPE-USDT
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Bullet HYPE-USD
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Phoenix HYPE
OKX HYPE-USDT-SWAP
Derive HYPE-PERP
Aevo HYPE-PERP
ApeX Omni HYPEUSDT
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
BloFin HYPE-USDT
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD