HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: ApeX Omni against Aevo−0.014%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$470.468% of the position

Long on Aevo Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.014%, 7d avg −0.007%

Together, before fees−0.059%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo HYPE-PERP	93.178	0.0104	pay 0.0013% / 1h	30m 48s	$394K	$158K	20x
Short	ApeX Omni HYPEUSDT	93.165	0.0100	get 0.0013% / 1h	30m 48s	$342K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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 AevobpFee ApeX OmnibpOrdersPrice spread, now −0.014%Rate

Funding earned: −$0.84
Price spread: −0.014% → −0.007%: −$0.67
Slippage, 4 orders: −$20.77
Fee Aevo: 8 bp × 2 orders: −$16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$48.29
Costs to cover: 0.468%
Break-even: never at this rate

Slippage from Aevo: live order book, 18 min ago; ApeX Omni: live order book, 3 min ago.

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 Aevo live order book, 18 min ago	7.18 bp	15.4 bp −$15	17.9 bp −$179	23.3 bp −$2,333	doesn't fit
Sell ApeX Omni live order book, 3 min ago	2.36 bp	7.4 bp −$7	10.9 bp −$109	doesn't fit	doesn't fit

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	−0.1568%	1h	93.135	−0.046%	$196K	$234K	7x	as long as short
Aftermath Perps HYPEUSD	−0.0359%	1h	93.298	+0.129%	$22K	$21K	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.195	+0.018%	$3K	$331	25x	as long as short
Bullet HYPE-USD	−0.0061%	1h	93.174	−0.004%	$110K	$578K	20x	as long as short
Orderly PERP_HYPE_USDC	−0.0023%	4h	93.157	−0.022%	$146K	$662K	20x	as long as short
01 Exchange HYPEUSD	−0.0016%	1h	93.225	+0.051%	$87K	$366K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.219	+0.044%	$128K	$29K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.203	+0.026%	$22K	$290K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0002%	1h	93.207	+0.032%	$62K	—	150x	as long as short
Arcus HYPE-USD	+0.0011%	1h	93.166	−0.013%	$1.0M	$4.0M	10x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget HYPEUSDT	+0.0016%	4h	93.194	+0.017%	$225.2M	$99.0M	75x	as long as short
Bybit HYPEUSDT	+0.0020%	8h	93.200	+0.024%	$316.6M	$282.9M	75x	as long as short
Ondo Perps HYPE-USD.P	+0.0024%	1h	93.150	−0.030%	$702K	$1.2M	10x	as long as short
Phoenix HYPE	+0.0026%	1h	93.263	+0.091%	$207K	$1.2M	10x	as long as short
Phemex HYPEUSDT	+0.0054%	8h	93.201	+0.025%	$12.6M	$2.7M	50x	as long as short
edgeX HYPEUSDC	+0.0088%	4h	93.175	−0.003%	$5.0M	$30.0M	30x	as long as short
Paradex HYPE-USD-PERP	+0.0094%	8h	93.223	+0.048%	$339K	$162K	20x	as long as short
Lighter HYPE	+0.0096%	1h	93.217	+0.042%	$16.1M	$63.1M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.209	+0.033%	$3.1M	$11.5M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	93.189	+0.012%	$75K	$1.2M	50x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.160	−0.019%	$28K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.207	+0.031%	$8.0M	$48.4M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.241	+0.068%	$2.03B	$669.0M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	93.242	+0.069%	$8.7M	$36.4M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	93.229	+0.055%	$10.0M	$15.4M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	93.222	+0.048%	$373.5M	$912.9M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	93.192	+0.015%	$114.3M	$309.4M	50x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.230	+0.056%	$215K	$15K	10x	as long as short
Gate HYPE_USDT	+0.0100%	4h	93.214	+0.039%	$46.7M	$54.3M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	93.228	+0.054%	$91.0M	$81.1M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.218	+0.043%	$46.1M	$18.9M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	93.226	+0.052%	—	$53.9M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.225	+0.051%	$7.3M	$10.6M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.131	−0.051%	$28.5M	$56.3M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.218	+0.043%	$7.5M	$47.1M	10x	as long as short
ApeX Omni HYPEUSDTshort	+0.0100%	1h	93.165	−0.014%	$342K	$1.0M	50x
StandX HYPE-USD	+0.0100%	1h	93.230	+0.056%	$667K	$2.8M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.260	+0.089%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.206	+0.030%	$483K	$2.7M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.169	−0.009%	$79K	$166K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	93.154	−0.026%	$16.1M	$7.4M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.210	+0.035%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.162	−0.017%	$2.0M	$1.9M	10x	as long as short
HTX HYPE-USDT	+0.0100%	4h	93.329	+0.162%	$1.4M	$6.5M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.182	+0.004%	$18.1M	$43.2M	50x	as long as short
Aevo HYPE-PERPlong	+0.0104%	1h	93.178	long leg	$394K	$158K	20x
Kalshi KXHYPEPERP	+0.0108%	8h	93.259	+0.087%	$1.8M	$5.7M	2.3x	as long as short
Injective HYPE/USDC PERP	+0.0122%	1h	93.120	−0.062%	$30K	$339K	12x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0144%	1h	93.230	+0.056%	$4.8M	$5.6M	50x	as long as short
Reya HYPERUSDPERP	+0.0269%	1h	93.187	+0.010%	$80K	$127K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0332% / S −0.0154%	1h	93.193	+0.017%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	93.160	−0.019%	$16.9M	$11.9M	75x	as long as short
Kraken Futures PF_HYPEUSD	+0.0342%	1h	93.225	+0.050%	$20.8M	$29.6M	50x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0426%	1h	93.257	+0.085%	$7.5M	$4.0M	50x	as long as short
RISEx HYPE/USDC	+0.0527%	1h	93.265	+0.094%	$3.2M	$6.3M	20x	as long as short