Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 02:00 UTC+0.0114%/8h= +12.4% APRnext payment +$0.14 per $10,000 · paid last 24h +0.034%
Price spread now: RISEx against Aevo+0.077%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$420.417% of the position
Long on AevoShort on RISEx
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.111%+$11 on $10k
Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.077%, 7d avg +0.015%
Together, before fees+0.045%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and RISEx is 0.062% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo HYPE-PERP93.7140.0096pay 0.0012% / 1h19m 22s$399K$175K20x
ShortRISEx HYPE/USDC93.7860.0210get 0.0026% / 1h19m 22s$3.2M$7.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
$23.85
Price spread: +0.077% → +0.015%
$6.2
Slippage, 4 orders
−$19.69
Fee Aevo: 8 bp × 2 orders
−$16
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$11.64
Costs to cover
0.417%
Break-even
10.4 days
Slippage from Aevo: live order book, 50 min ago; RISEx: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 50 min ago7.76 bp17.2 bp −$1723.0 bp −$23026.4 bp −$2,639doesn't fit
Sell RISEx live order book, 5 min ago1.38 bp4.4 bp −$46.7 bp −$67doesn't fitdoesn't fit

HYPE on 54 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1032%1h93.783+0.073%$197K$229K7xas long as short
Arcus HYPE-USD−0.0786%1h93.594−0.128%$1.2M$3.8M10xas long as short
Phemex HYPEUSDT−0.0118%8h93.762+0.051%$12.7M$2.7M50xas long as short
Aftermath Perps HYPEUSD−0.0093%1h93.804+0.096%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0080%1h93.640−0.079%$702K$921K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.746+0.034%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0057%4h93.678−0.038%$156K$646K20xas long as short
01 Exchange HYPEUSD−0.0048%1h93.717+0.003%$85K$350K20xas long as short
Backpack HYPE_USDC_PERP−0.0036%1h93.701−0.014%$7.8M$10.3M20xas long as short
Gate HYPE_USDT−0.0030%4h93.674−0.043%$44.4M$55.1M75xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT−0.0006%4h93.699−0.016%$8.8M$35.8M300xas long as short
dYdX HYPE-USD0.0000%1h93.756+0.045%$129K$31K5xas long as short
Perpl HYPE0.0000%43m93.739+0.026%$22K$325K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.698−0.017%$26K—150xas long as short
Bybit HYPEUSDT+0.0003%8h93.670−0.047%$321.7M$280.6M75xas long as short
BingX HYPE-USDT+0.0004%4h93.670−0.047%—$53.6M—as long as short
Phoenix HYPE+0.0060%1h93.885+0.182%$213K$1.2M10xas long as short
Bullet HYPE-USD+0.0061%1h93.693−0.022%$111K$577K20xas long as short
MEXC HYPE_USDT+0.0066%4h93.687−0.029%$89.0M$83.2M100xas long as short
Binance HYPEUSDT+0.0067%4h93.694−0.021%$381.0M$890.2M75xas long as short
OKX HYPE-USDT-SWAP+0.0068%8h93.720+0.006%$115.2M$307.6M50xas long as short
edgeX HYPEUSDC+0.0072%4h93.783+0.073%$5.1M$30.0M30xas long as short
Paradex HYPE-USD-PERP+0.0096%8h93.751+0.040%$341K$164K20xas long as short
Lighter HYPE+0.0096%1h93.742+0.030%$16.4M$62.6M20xas long as short
Lighter RH HYPE+0.0096%1h93.735+0.022%$3.1M$11.9M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.703−0.012%$67K$1.2M50xas long as short
Aevo HYPE-PERPlong+0.0096%1h93.714long leg$399K$175K20x
Katana Perps HYPE-USD+0.0100%8h93.750+0.038%$21K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.707−0.008%$5.7M$44.7M10xas long as short
Hyperliquid HYPE+0.0100%1h93.819+0.112%$2.05B$665.8M10xas long as short
Pacifica HYPE+0.0100%1h93.742+0.030%$10.1M$14.7M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.739+0.027%$46.4M$18.1M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.720+0.006%$227.0M$98.3M75xas long as short
Variational Omni HYPE+0.0100%8h93.748+0.036%$31.1M$54.6M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.837+0.131%$7.6M$47.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.800+0.092%$339K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.773+0.063%$669K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.773+0.063%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.742+0.030%$473K$2.4M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.673−0.044%$79K$171K20xas long as short
Derive HYPE-PERP+0.0100%1h93.699−0.016%$16.3M$7.7M10xas long as short
SunX HYPE-USDT+0.0100%4h93.796+0.088%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.701−0.014%$2.0M$1.9M10xas long as short
Bulk HYPE-USD+0.0100%1h93.880+0.177%$204K$10K10xas long as short
Extended HYPE-USD+0.0104%1h93.672−0.045%$18.3M$44.2M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0136%1h93.830+0.124%$4.9M$5.5M50xas long as short
Injective HYPE/USDC PERP+0.0137%1h93.740+0.028%$30K$339K12xas long as short
HTX HYPE-USDT+0.0198%4h93.873+0.170%$1.4M$5.9M75xas long as short
RISEx HYPE/USDCshort+0.0210%1h93.786+0.077%$3.2M$7.0M20x
Reya HYPERUSDPERP+0.0255%1h93.711−0.003%$80K$140K15xas long as short
Kalshi KXHYPEPERP+0.0278%8h93.786+0.077%$1.9M$4.9M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0156%1h93.737+0.025%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0390%1h93.806+0.098%$7.4M$4.5M50xas long as short
Kraken Futures PF_HYPEUSD+0.0680%1h93.795+0.086%$20.9M$29.8M50xas long as short