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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0425%/8h= +46.6% APRpaid last 24h +0.016%
Price spread now: BingX against Aftermath Perps−0.014%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD93.243−0.0325get 0.0041% / 1h2m 25s$22K$21K10x
ShortBingX HYPE-USDT93.2300.0100get 0.0050% / 4h3h 02m$53.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$89.32
Price spread: −0.014% → 0.000%
−$1.36
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
$68.96
Costs to cover
0.190%
Break-even
1.6 days
Slippage unknown: Aftermath Perps: no order-book sample; BingX: live order book, 7 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 BingX live order book, 7 min ago0.11 bp5.1 bp −$55.6 bp −$5610.7 bp −$1,06614.7 bp −$7,360
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−0.1880%1h93.444+0.216%$197K$232K7xas long as short
Aftermath Perps HYPEUSDlong−0.0325%1h93.243long leg$22K$21K10x
Arcus HYPE-USD−0.0194%1h93.213−0.032%$1.0M$3.9M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.324+0.087%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0045%4h93.313+0.075%$146K$670K20xas long as short
Ondo Perps HYPE-USD.P−0.0014%1h93.240−0.003%$702K$1.2M10xas long as short
Bullet HYPE-USD−0.0010%1h93.233−0.010%$111K$578K20xas long as short
dYdX HYPE-USD0.0000%1h93.328+0.092%$128K$29K5xas long as short
Perpl HYPE0.0000%43m93.277+0.036%$22K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.279+0.040%$62K150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange HYPEUSD+0.0016%1h93.249+0.007%$87K$366K20xas long as short
Phemex HYPEUSDT+0.0022%8h93.349+0.114%$12.6M$2.7M50xas long as short
Bybit HYPEUSDT+0.0024%8h93.223−0.021%$317.3M$284.2M75xas long as short
Phoenix HYPE+0.0026%1h93.446+0.218%$209K$1.2M10xas long as short
Bitget HYPEUSDT+0.0028%4h93.240−0.003%$225.6M$99.0M75xas long as short
Gate HYPE_USDT+0.0050%4h93.246+0.004%$45.8M$55.2M75xas long as short
Popdex HYPEUSDT+0.0056%1h93.232−0.011%$76K$1.1M50xas long as short
Paradex HYPE-USD-PERP+0.0095%8h93.303+0.064%$339K$162K20xas long as short
Lighter HYPE+0.0096%1h93.274+0.034%$16.0M$63.0M20xas long as short
Lighter RH HYPE+0.0096%1h93.279+0.039%$3.1M$11.7M20xas long as short
edgeX HYPEUSDC+0.0098%4h93.361+0.127%$5.0M$29.8M30xas long as short
Katana Perps HYPE-USD+0.0099%8h93.240−0.003%$12K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.264+0.023%$6.8M$47.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.287+0.048%$2.03B$665.9M10xas long as short
Aster HYPEUSDT+0.0100%4h93.268+0.027%$8.7M$36.4M300xas long as short
Pacifica HYPE+0.0100%1h93.267+0.026%$10.0M$15.3M20xas long as short
Binance HYPEUSDT+0.0100%4h93.247+0.005%$374.1M$910.0M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.231−0.013%$114.5M$305.7M50xas long as short
Bulk HYPE-USD+0.0100%1h93.328+0.092%$203K$3K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.238−0.005%$91.7M$81.7M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.241−0.002%$46.1M$18.6M75xas long as short
BingX HYPE-USDTshort+0.0100%4h93.230−0.014%$53.8M
Backpack HYPE_USDC_PERP+0.0100%1h93.352+0.117%$7.3M$11.1M20xas long as short
Variational Omni HYPE+0.0100%8h93.319+0.082%$28.8M$56.7Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.407+0.176%$7.5M$47.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.261+0.020%$342K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.424+0.194%$668K$2.9M20xas long as short
Vest HYPE-PERP+0.0100%1h93.318+0.081%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.270+0.029%$489K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.302+0.064%$79K$167K20xas long as short
Derive HYPE-PERP+0.0100%1h93.303+0.065%$16.1M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h93.358+0.124%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.320+0.083%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.487+0.262%$1.4M$6.4M75xas long as short
Extended HYPE-USD+0.0104%1h93.206−0.039%$18.1M$43.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.324+0.087%$395K$164K20xas long as short
Kalshi KXHYPEPERP+0.0140%8h93.425+0.196%$1.8M$5.5M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.390+0.158%$4.8M$5.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0196%1h93.397+0.165%$20.7M$29.5M50xas long as short
Injective HYPE/USDC PERP+0.0242%1h93.360+0.126%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0267%1h93.238−0.005%$80K$131K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.266+0.025%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.308+0.070%$16.8M$11.9M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0446%1h93.412+0.182%$7.5M$4.3M50xas long as short
RISEx HYPE/USDC+0.0598%1h93.303+0.065%$3.2M$6.3M20xas long as short