Funding you earn now, next payment 05:00 UTC+0.0659%/8h= +72.2% APRnext payment +$0.82 per $10,000 · paid last 24h +0.064%
Price spread now: Deribit against Aftermath Perps+0.097%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Deribit is 0.097% dearer against Aftermath Perps than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps HYPEUSD | 92.908 | −0.0263 | get 0.0033% / 1h | 49m 53s | $22K | $21K | 10x |
| Short | Deribit HYPE_USDC-PERPETUAL | 92.998 | 0.0396 | get 0.0049% / 1h | 49m 53s | $7.5M | $4.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $138.39
- Price spread: +0.097% → 0.000%
- $9.72
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $132.1
- Costs to cover
- 0.160%
- Break-even
- 0.3 days
Slippage unknown: Aftermath Perps: no order-book sample; Deribit: live order book, 4 min ago. 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 4 min ago | 2.63 bp | 6.9 bp −$7 | 12.8 bp −$128 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.0680% | 1h | 92.799 | −0.117% | $193K | $229K | 7x | as long as short |
| Aftermath Perps HYPEUSDlong | −0.0263% | 1h | 92.908 | long leg | $22K | $21K | 10x | |
| Arcus HYPE-USD | −0.0194% | 1h | 92.889 | −0.020% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.022 | +0.123% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0062% | 4h | 92.882 | −0.028% | $157K | $660K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.948 | +0.043% | $127K | $29K | 5x | as long as short |
| Gate HYPE_USDT | 0.0000% | 4h | 92.918 | +0.011% | $44.7M | $53.7M | 75x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 92.993 | +0.092% | $1.8M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.918 | +0.011% | $22K | $301K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.946 | +0.041% | $62K | — | 150x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix HYPE | +0.0026% | 1h | 93.032 | +0.134% | $210K | $1.2M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0031% | 1h | 92.910 | +0.002% | $699K | $1.1M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0035% | 8h | 92.900 | −0.008% | $316.3M | $282.4M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0043% | 8h | 92.906 | −0.002% | $12.5M | $2.7M | 50x | as long as short |
| 01 Exchange HYPEUSD | +0.0056% | 1h | 92.945 | +0.040% | $87K | $362K | 20x | as long as short |
| Bitget HYPEUSDT | +0.0078% | 4h | 92.907 | −0.001% | $225.1M | $99.0M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0086% | 4h | 92.935 | +0.030% | $4.9M | $29.6M | 30x | as long as short |
| Aster HYPEUSDT | +0.0088% | 4h | 92.917 | +0.010% | $8.7M | $36.2M | 300x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.937 | +0.031% | $16.1M | $62.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.934 | +0.028% | $3.1M | $11.6M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.916 | +0.009% | $69K | $1.1M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0096% | 8h | 92.948 | +0.043% | $339K | $163K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.870 | −0.041% | $39K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.945 | +0.040% | $7.5M | $45.8M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.972 | +0.069% | $2.03B | $665.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.947 | +0.043% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.911 | +0.004% | $373.7M | $904.1M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.920 | +0.013% | $113.9M | $304.8M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.942 | +0.037% | $202K | $13K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.914 | +0.007% | $87.6M | $79.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.909 | +0.001% | $46.1M | $18.4M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.911 | +0.004% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.920 | +0.013% | $7.3M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.989 | +0.087% | $28.6M | $57.5M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.015 | +0.115% | $7.5M | $46.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.928 | +0.022% | $351K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.011 | +0.111% | $668K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.984 | +0.082% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.953 | +0.049% | $469K | $2.6M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 92.922 | +0.015% | $112K | $578K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.914 | +0.007% | $79K | $168K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.897 | −0.012% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.901 | −0.007% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.909 | +0.001% | $2.0M | $2.0M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.887 | −0.022% | $18.0M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.907 | −0.001% | $393K | $164K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 92.940 | +0.035% | $4.7M | $5.6M | 50x | as long as short |
| HTX HYPE-USDT | +0.0163% | 4h | 93.082 | +0.188% | $1.4M | $6.3M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 92.987 | +0.086% | $20.6M | $30.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 93.150 | +0.261% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0264% | 1h | 92.905 | −0.003% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.932 | +0.027% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.981 | +0.079% | $16.7M | $11.7M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUALshort | +0.0396% | 1h | 92.998 | +0.097% | $7.5M | $4.5M | 50x | |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.990 | +0.089% | $3.2M | $6.4M | 20x | as long as short |
Aftermath Perps HYPEUSD
Deribit HYPE_USDC-PERPETUAL
Gate HYPE_USDT
Kalshi KXHYPEPERP
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Bybit HYPEUSDT
Phemex HYPEUSDT
01 Exchange HYPEUSD
Bitget HYPEUSDT
edgeX HYPEUSDC
Aster HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
RISEx HYPE/USDC