Funding you earn now, next payment 03:00 UTC+0.0155%/8h= +17.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.029%
Price spread now: Reya against Aevo+0.010%7-day average −0.027% · 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)−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.165%+$17 · spread now +0.010%, 7d avg −0.027%
=Together, before fees+0.163%+ Points / potential airdropReya: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Reya is 0.037% dearer against Aevo than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo HYPE-PERP | 92.816 | 0.0104 | pay 0.0013% / 1h | 5m 48s | $395K | $162K | 20x |
| Short | Reya HYPERUSDPERP | 92.826 | 0.0259 | get 0.0032% / 1h | 5m 48s | $79K | $140K | 15x |
Aevo HYPE-PERP
Reya HYPERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Aevo. 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
- $32.62
- Price spread: +0.010% → −0.027%
- $3.7
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $14.32
- Costs to cover
- 0.220%
- Break-even
- 3.9 days
Slippage unknown: Aevo: live order book, 58 min ago; Reya: 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 Aevo live order book, 58 min ago | 3.81 bp | 15.6 bp −$16 | 17.5 bp −$175 | 19.9 bp −$1,986 | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.0928% | 1h | 92.977 | +0.173% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 92.745 | −0.077% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0138% | 1h | 92.790 | −0.028% | $698K | $1.0M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.889 | +0.078% | $3K | $331 | 25x | as long as short |
| Aftermath Perps HYPEUSD | −0.0080% | 1h | 93.147 | +0.357% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0056% | 1h | 92.798 | −0.020% | $86K | $346K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0052% | 4h | 92.823 | +0.007% | $154K | $655K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.817 | +0.001% | $127K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.862 | +0.049% | $23K | $316K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.868 | +0.055% | $62K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0004% | 4h | 92.791 | −0.027% | $8.8M | $35.9M | 300x | as long as short |
| Bullet HYPE-USD | +0.0004% | 1h | 92.820 | +0.004% | $111K | $579K | 20x | as long as short |
| Phemex HYPEUSDT | +0.0018% | 8h | 92.888 | +0.077% | $12.5M | $2.7M | 50x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.210 | +0.424% | $213K | $1.2M | 10x | as long as short |
| BingX HYPE-USDT | +0.0038% | 4h | 92.831 | +0.016% | — | $53.0M | — | as long as short |
| Gate HYPE_USDT | +0.0042% | 4h | 92.857 | +0.044% | $44.3M | $55.7M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0046% | 8h | 92.790 | −0.028% | $319.1M | $277.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0072% | 8h | 92.811 | −0.006% | $113.1M | $298.2M | 50x | as long as short |
| Binance HYPEUSDT | +0.0086% | 4h | 92.801 | −0.017% | $375.4M | $880.8M | 75x | as long as short |
| Derive HYPE-PERP | +0.0087% | 1h | 92.806 | −0.011% | $16.1M | $7.5M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0090% | 4h | 92.811 | −0.006% | $88.8M | $81.4M | 100x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 92.836 | +0.022% | $339K | $163K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.810 | −0.007% | $16.1M | $62.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.815 | −0.002% | $3.1M | $11.7M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.824 | +0.008% | $67K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 92.860 | +0.047% | $24K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.856 | +0.042% | $5.8M | $43.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.898 | +0.088% | $2.03B | $654.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.846 | +0.031% | $10.0M | $14.8M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.821 | +0.005% | $45.8M | $18.1M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.805 | −0.012% | $224.4M | $96.5M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.826 | +0.010% | $7.4M | $10.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.797 | −0.021% | $31.2M | $53.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.172 | +0.383% | $7.5M | $46.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.081 | +0.285% | $338K | $998K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.040 | +0.241% | $665K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.930 | +0.123% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.887 | +0.076% | $469K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.802 | −0.016% | $79K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.852 | +0.038% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.825 | +0.009% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.155 | +0.365% | $203K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.809 | −0.008% | $18.3M | $42.8M | 50x | as long as short |
| Aevo HYPE-PERPlong | +0.0104% | 1h | 92.816 | long leg | $395K | $162K | 20x | |
| edgeX HYPEUSDC | +0.0114% | 4h | 93.123 | +0.330% | $5.0M | $28.9M | 30x | as long as short |
| HTX HYPE-USDT | +0.0115% | 4h | 92.965 | +0.160% | $1.4M | $6.1M | 75x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 92.850 | +0.036% | $4.8M | $5.5M | 50x | as long as short |
| Reya HYPERUSDPERPshort | +0.0259% | 1h | 92.826 | +0.010% | $79K | $140K | 15x | |
| Kalshi KXHYPEPERP | +0.0269% | 8h | 92.920 | +0.112% | $1.9M | $5.2M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0330% / S −0.0156% | 1h | 92.855 | +0.042% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0331% | 1h | 92.928 | +0.120% | $7.4M | $4.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0335% | 4h | 92.971 | +0.167% | $16.9M | $11.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 92.930 | +0.122% | $3.2M | $6.3M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.390 | +0.618% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0689% | 1h | 92.914 | +0.105% | $20.6M | $29.9M | 50x | as long as short |
Aster HYPEUSDT
Bullet HYPE-USD
Phemex HYPEUSDT
Phoenix HYPE
BingX HYPE-USDT
Gate HYPE_USDT
Bybit HYPEUSDT
OKX HYPE-USDT-SWAP
Binance HYPEUSDT
Derive HYPE-PERP
MEXC HYPE_USDT
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
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
edgeX HYPEUSDC
HTX HYPE-USDT
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
BloFin HYPE-USDT
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD