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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0303%/8h= +33.1% APRnext payment +$0.38 per $10,000 · paid last 24h +0.007%
Price spread now: Aevo against Aftermath Perps−0.117%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.117% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 31 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD93.950−0.0207get 0.0026% / 1h7m 14s$22K$21K10x
ShortAevo HYPE-PERP93.8400.0096get 0.0012% / 1h7m 14s$399K$180K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Aftermath Perps. 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
$63.55
Price spread: −0.117% → 0.000%
−$11.69
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
$26.86
Costs to cover
0.250%
Break-even
4.0 days
Slippage unknown: Aftermath Perps: no order-book sample; Aevo: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Aevo live order book, 2 min ago7.76 bp15.8 bp −$1615.8 bp −$15826.5 bp −$2,654doesn't fit
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1152%1h93.929−0.023%$199K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h93.779−0.182%$1.2M$3.9M10xas long as short
Aftermath Perps HYPEUSDlong−0.0207%1h93.950long leg$22K$21K10x
Ondo Perps HYPE-USD.P−0.0097%1h93.860−0.096%$710K$958K10xas long as short
dYdX HYPE-USD−0.0085%1h93.911−0.041%$129K$31K5xas long as short
01 Exchange HYPEUSD−0.0080%1h93.865−0.090%$86K$359K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.895−0.058%$3K$33125xas long as short
Phemex HYPEUSDT−0.0054%8h93.917−0.035%$12.8M$2.6M50xas long as short
Bullet HYPE-USD−0.0049%1h93.849−0.108%$113K$580K20xas long as short
Orderly PERP_HYPE_USDC−0.0032%4h93.846−0.111%$159K$643K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HYPE_USDT−0.0016%4h93.862−0.094%$44.4M$60.3M75xas long as short
Perpl HYPE0.0000%43m93.909−0.044%$23K$327K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.886−0.068%$27K150xas long as short
Aster HYPEUSDT+0.0009%4h93.876−0.079%$8.9M$36.0M300xas long as short
Derive HYPE-PERP+0.0010%1h93.817−0.141%$16.4M$7.6M10xas long as short
Bybit HYPEUSDT+0.0020%8h93.860−0.096%$323.1M$279.0M75xas long as short
Phoenix HYPE+0.0034%1h94.045+0.101%$214K$1.2M10xas long as short
Binance HYPEUSDT+0.0054%4h93.867−0.088%$383.3M$893.7M75xas long as short
edgeX HYPEUSDC+0.0055%4h94.001+0.054%$5.1M$29.7M30xas long as short
MEXC HYPE_USDT+0.0056%4h93.867−0.088%$88.3M$83.3M100xas long as short
OKX HYPE-USDT-SWAP+0.0072%8h93.858−0.098%$116.0M$314.8M50xas long as short
Bluefin HYPE-PERP+0.0088%1h93.848−0.108%$76K$170K20xas long as short
Lighter HYPE+0.0096%1h93.900−0.053%$18.9M$60.7M20xas long as short
Lighter RH HYPE+0.0096%1h93.886−0.068%$3.0M$12.2M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.864−0.091%$64K$1.2M50xas long as short
Aevo HYPE-PERPshort+0.0096%1h93.840−0.117%$399K$180K20x
Paradex HYPE-USD-PERP+0.0099%8h93.921−0.031%$341K$165K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.890−0.064%$31K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.874−0.081%$6.6M$44.6M10xas long as short
Hyperliquid HYPE+0.0100%1h93.926−0.025%$2.05B$668.4M10xas long as short
Pacifica HYPE+0.0100%1h93.923−0.029%$10.1M$14.7M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.877−0.078%$46.6M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.870−0.085%$227.3M$100.2M75xas long as short
BingX HYPE-USDT+0.0100%4h93.859−0.097%$53.9Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.807−0.152%$7.9M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.920−0.032%$31.4M$53.7Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.999+0.052%$7.6M$46.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.020+0.075%$340K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.897−0.056%$670K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.913−0.039%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.898−0.055%$474K$2.5M20xas long as short
SunX HYPE-USDT+0.0100%4h93.917−0.035%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.871−0.084%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.894−0.060%$204K$10K10xas long as short
Extended HYPE-USD+0.0104%1h93.849−0.107%$18.4M$45.1M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.900−0.053%$4.9M$5.5M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.810−0.149%$31K$338K12xas long as short
BloFin HYPE-USDT+0.0218%4h93.919−0.033%$17.1M$12.1M75xas long as short
RISEx HYPE/USDC+0.0222%1h93.915−0.037%$2.7M$6.7M20xas long as short
Kalshi KXHYPEPERP+0.0244%8h93.947−0.003%$1.9M$5.1M2.3xas long as short
Reya HYPERUSDPERP+0.0252%1h93.857−0.099%$79K$143K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0335% / S −0.0156%1h93.886−0.068%$1.4M100xas long as short
HTX HYPE-USDT+0.0367%4h94.069+0.127%$1.5M$5.9M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0410%1h93.963+0.014%$7.5M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0672%1h93.955+0.005%$20.9M$29.8M50xas long as short