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+0.0308%/8h= +33.7% APRpaid last 24h −0.007%
Price spread now: Bitget against Aftermath Perps+0.008%46s7-day average · you sell dearer than you buy
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: +$9 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD93.960−0.0208get 0.0026% / 1h11m 31s$22K$21K10x
ShortBitget HYPEUSDT93.9680.0100get 0.0050% / 4h3h 11m$227.6M$100.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$64.62
Price spread: +0.008% → 0.000%
$0.82
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
$44.44
Costs to cover
0.210%
Break-even
2.2 days
Slippage unknown: Aftermath Perps: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago0.43 bp8.8 bp −$912.1 bp −$12119.9 bp −$1,994doesn'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−0.1200%1h94.014+0.057%$199K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h93.859−0.108%$1.2M$3.9M10xas long as short
Aftermath Perps HYPEUSDlong−0.0208%1h93.960long leg$22K$21K10x
Phemex HYPEUSDT−0.0110%8h93.928−0.034%$12.8M$2.6M50xas long as short
Ondo Perps HYPE-USD.P−0.0108%1h93.870−0.096%$710K$960K10xas long as short
dYdX HYPE-USD−0.0093%1h94.002+0.044%$129K$31K5xas long as short
01 Exchange HYPEUSD−0.0080%1h93.970+0.010%$86K$359K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.964+0.004%$3K$33125xas long as short
Bullet HYPE-USD−0.0061%1h93.964+0.004%$113K$581K20xas long as short
Gate HYPE_USDT−0.0034%4h93.947−0.014%$44.5M$60.3M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_HYPE_USDC−0.0028%4h93.935−0.027%$159K$644K20xas long as short
Bybit HYPEUSDT0.0000%8h93.957−0.003%$323.4M$280.2M75xas long as short
Perpl HYPE0.0000%43m93.993+0.035%$23K$327K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.990+0.032%$26K150xas long as short
Aster HYPEUSDT+0.0009%4h93.957−0.003%$8.9M$36.1M300xas long as short
Derive HYPE-PERP+0.0017%1h93.907−0.057%$16.4M$7.3M10xas long as short
Phoenix HYPE+0.0034%1h93.678−0.300%$218K$1.2M10xas long as short
Binance HYPEUSDT+0.0052%4h93.981+0.022%$383.7M$894.4M75xas long as short
MEXC HYPE_USDT+0.0052%4h93.959−0.001%$88.5M$83.3M100xas long as short
edgeX HYPEUSDC+0.0058%4h93.999+0.041%$5.1M$30.1M30xas long as short
OKX HYPE-USDT-SWAP+0.0074%8h93.968+0.008%$116.1M$315.5M50xas long as short
Lighter HYPE+0.0096%1h93.993+0.035%$19.0M$60.4M20xas long as short
Lighter RH HYPE+0.0096%1h93.975+0.016%$3.0M$12.2M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.966+0.006%$65K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h93.955−0.006%$400K$180K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.987+0.029%$341K$165K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.9600.000%$29K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.921−0.041%$6.6M$44.7M10xas long as short
Hyperliquid HYPE+0.0100%1h93.988+0.030%$2.05B$676.5M10xas long as short
Pacifica HYPE+0.0100%1h93.987+0.028%$10.2M$14.6M20xas long as short
Bulk HYPE-USD+0.0100%1h93.528−0.460%$204K$12K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.9600.000%$46.6M$18.3M75xas long as short
Bitget HYPEUSDTshort+0.0100%4h93.968+0.008%$227.6M$100.3M75x
BingX HYPE-USDT+0.0100%4h93.953−0.008%$54.1Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.947−0.014%$7.7M$10.3M20xas long as short
Variational Omni HYPE+0.0100%8h93.810−0.159%$31.4M$54.1Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.053+0.099%$7.6M$46.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.061+0.107%$340K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h94.040+0.085%$671K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h94.005+0.047%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h94.005+0.048%$475K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.952−0.009%$76K$170K20xas long as short
SunX HYPE-USDT+0.0100%4h94.026+0.070%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.953−0.008%$2.0M$2.0M10xas long as short
Extended HYPE-USD+0.0104%1h93.938−0.023%$18.4M$45.3M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h94.000+0.042%$4.9M$5.5M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.930−0.032%$31K$338K12xas long as short
BloFin HYPE-USDT+0.0205%4h94.015+0.058%$17.0M$12.1M75xas long as short
RISEx HYPE/USDC+0.0222%1h94.005+0.048%$2.7M$6.7M20xas long as short
Kalshi KXHYPEPERP+0.0237%8h94.046+0.091%$1.9M$5.1M2.3xas long as short
Reya HYPERUSDPERP+0.0252%1h93.953−0.007%$79K$143K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0335% / S −0.0158%1h93.985+0.027%$1.4M100xas long as short
HTX HYPE-USDT+0.0375%4h94.150+0.202%$1.5M$6.0M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0463%1h94.051+0.097%$7.5M$4.7M50xas long as short
Kraken Futures PF_HYPEUSD+0.0671%1h94.041+0.086%$21.0M$29.8M50xas long as short