Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: SoDEX against Vest−0.091%48s7-day average +0.008% · 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)+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.091%, 7d avg +0.008%
=Together, before fees+0.249%+ Points / potential airdropVest: Active · farm board+$25 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: SoDEX is 0.098% cheaper against Vest than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.008%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest HYPE-PERP | 94.227 | 0.0100 | pay 0.0013% / 1h | 25m 28s | — | $243K | 5x |
| Short | SoDEX HYPE-USD | 94.141 | 0.0100 | get 0.0013% / 1h | 25m 28s | $2.0M | $1.9M | 10x |
Vest HYPE-PERP
SoDEX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.091% → +0.008%
- −$9.82
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$19.82
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; SoDEX: 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 SoDEX live order book, 3 min ago | 0.37 bp | 6.8 bp −$7 | 12.5 bp −$125 | 97.4 bp −$9,744 | 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 | −0.0992% | 1h | 93.495 | −0.776% | $198K | $238K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0191% | 1h | 93.590 | −0.675% | $22K | $21K | 10x | as long as short |
| BingX HYPE-USDT | −0.0100% | 4h | 94.211 | −0.016% | — | $53.6M | — | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.207 | −0.021% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0066% | 1h | 93.879 | −0.369% | $111K | $579K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0062% | 1h | 94.170 | −0.060% | $705K | $1.2M | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 94.240 | +0.014% | $86K | $368K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0017% | 4h | 94.032 | −0.206% | $146K | $683K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.880 | −0.368% | $129K | $26K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.907 | −0.339% | $20K | $290K | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
BingX HYPE-USDT
Hotstuff HYPE-PERP
Bullet HYPE-USD
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HYPEUSDT | +0.0002% | 8h | 94.220 | −0.007% | $318.4M | $288.2M | 75x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 94.048 | −0.189% | $83K | — | 150x | as long as short |
| Bluefin HYPE-PERP | +0.0006% | 1h | 94.072 | −0.164% | $79K | $155K | 20x | as long as short |
| Derive HYPE-PERP | +0.0007% | 1h | 93.302 | −0.981% | $16.2M | $7.5M | 10x | as long as short |
| Phoenix HYPE | +0.0017% | 1h | 93.623 | −0.640% | $208K | $1.1M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0052% | 4h | 94.172 | −0.058% | $226.9M | $99.5M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0078% | 8h | 94.266 | +0.041% | $337K | $161K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0080% | 4h | 93.620 | −0.644% | $5.0M | $30.5M | 30x | as long as short |
| Phemex HYPEUSDT | +0.0081% | 8h | 94.187 | −0.042% | $12.9M | $2.8M | 50x | as long as short |
| Arcus HYPE-USD | +0.0084% | 1h | 94.180 | −0.049% | $1.0M | $4.0M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.219 | −0.008% | $16.3M | $64.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.231 | +0.005% | $3.2M | $11.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.198 | −0.030% | $78K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.210 | −0.018% | $21K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.208 | −0.019% | $7.5M | $50.6M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.323 | +0.102% | $2.07B | $690.0M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.200 | −0.028% | $8.9M | $37.1M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.236 | +0.010% | $10.2M | $15.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.207 | −0.021% | $377.0M | $931.6M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 94.209 | −0.019% | $116.2M | $317.1M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.221 | −0.006% | $48.9M | $55.9M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.213 | −0.014% | $89.5M | $84.7M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.248 | +0.023% | $46.6M | $18.7M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.311 | +0.090% | $7.2M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.009 | −0.231% | $28.9M | $56.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.696 | −0.563% | $7.6M | $48.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.663 | −0.598% | $357K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.643 | −0.619% | $678K | $2.7M | 20x | as long as short |
| Vest HYPE-PERPlong | +0.0100% | 1h | 94.227 | long leg | — | $243K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.895 | −0.352% | $471K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.925 | −0.320% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USDshort | +0.0100% | 1h | 94.141 | −0.091% | $2.0M | $1.9M | 10x | |
| HTX HYPE-USDT | +0.0100% | 4h | 94.352 | +0.133% | $1.4M | $6.7M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.438 | −0.836% | $216K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.138 | −0.094% | $18.2M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.104 | −0.130% | $398K | $159K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0105% | 8h | 94.131 | −0.101% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0120% | 1h | 94.190 | −0.039% | $4.7M | $6.2M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0151% / S +0.0022% | 1h | 93.681 | −0.579% | $1.4M | — | 100x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 93.540 | −0.729% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0272% | 1h | 93.879 | −0.369% | $77K | $129K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.642 | −0.620% | $16.9M | $12.2M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0413% | 1h | 94.262 | +0.038% | $21.0M | $29.5M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0462% | 1h | 94.187 | −0.042% | $7.5M | $4.2M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0559% | 1h | 93.935 | −0.309% | $3.2M | $6.3M | 20x | as long as short |
Bybit HYPEUSDT
gTrade (Gains Network) HYPE/USD
Bluefin HYPE-PERP
Derive HYPE-PERP
Phoenix HYPE
Bitget HYPEUSDT
Paradex HYPE-USD-PERP
edgeX HYPEUSDC
Phemex HYPEUSDT
Arcus HYPE-USD
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
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
GMX HYPE/USD [WBTC.b-USDC]
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC