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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0443%/8h= +48.5% APRnext payment +$0.55 per $10,000 · paid last 24h −0.039%
Price spread now: gTrade (Gains Network) against Aftermath Perps+0.134%7-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
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and gTrade (Gains Network) is 0.134% dearer against Aftermath Perps than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD93.211−0.0441get 0.0055% / 1h14m 22s$22K$22K10x
ShortgTrade (Gains Network) HYPE/USD93.336L +0.0002% / S −0.0002%get 0.0000% / 1h14m 22s$27K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
$93.03
Price spread: +0.134% → 0.000%
$13.39
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$87.43
Costs to cover
0.190%
Break-even
0.4 days
Slippage unknown: Aftermath Perps: no order-book sample; gTrade (Gains Network): no order-book sample. 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 gTrade (Gains Network) no order-book sample
Aftermath Perps and gTrade (Gains Network): 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
Aftermath Perps HYPEUSDlong−0.0441%1h93.211long leg$22K$22K10x
Hibachi HYPE/USDT-P−0.0352%1h93.222+0.012%$197K$230K7xas long as short
Arcus HYPE-USD−0.0131%1h93.205−0.007%$1.2M$4.0M10xas long as short
Ondo Perps HYPE-USD.P−0.0123%1h93.210−0.001%$699K$932K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.272+0.065%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0032%1h93.292+0.087%$90K$361K20xas long as short
dYdX HYPE-USD0.0000%1h93.278+0.071%$127K$32K5xas long as short
Popdex HYPEUSDT0.0000%1h93.260+0.052%$58K$1.2M50xas long as short
Perpl HYPE0.0000%43m93.251+0.043%$23K$330K10xas long as short
Aster HYPEUSDT+0.0001%4h93.312+0.108%$8.9M$35.8M300xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HYPE/USDshortL +0.0002% / S −0.0002%1h93.336+0.134%$27K150x
Orderly PERP_HYPE_USDC+0.0020%4h93.329+0.126%$172K$517K20xas long as short
Bybit HYPEUSDT+0.0023%8h93.306+0.102%$323.2M$285.5M75xas long as short
Phoenix HYPE+0.0034%1h93.249+0.040%$214K$1.2M10xas long as short
Bullet HYPE-USD+0.0035%1h93.304+0.099%$112K$578K20xas long as short
Derive HYPE-PERP+0.0047%1h93.269+0.062%$16.3M$7.0M10xas long as short
Gate HYPE_USDT+0.0064%4h93.315+0.111%$44.0M$58.6M75xas long as short
MEXC HYPE_USDT+0.0064%4h93.275+0.068%$90.2M$82.3M100xas long as short
Binance HYPEUSDT+0.0065%4h93.320+0.117%$382.0M$893.4M75xas long as short
edgeX HYPEUSDC+0.0085%4h93.171−0.043%$5.1M$29.7M30xas long as short
Lighter HYPE+0.0096%1h93.323+0.119%$18.6M$59.0M20xas long as short
Lighter RH HYPE+0.0096%1h93.317+0.113%$3.1M$12.2M20xas long as short
Aevo HYPE-PERP+0.0096%1h93.331+0.129%$397K$318K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.282+0.075%$339K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.240+0.031%$35K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.255+0.047%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.294+0.089%$2.03B$669.5M10xas long as short
Pacifica HYPE+0.0100%1h93.293+0.088%$10.0M$14.4M20xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.315+0.111%$114.2M$313.9M50xas long as short
Bulk HYPE-USD+0.0100%1h93.232+0.022%$204K$8K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.279+0.073%$47.0M$18.7M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.377+0.178%$226.5M$103.0M75xas long as short
BingX HYPE-USDT+0.0100%4h93.295+0.090%$53.8Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.265+0.058%$7.8M$10.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.203−0.009%$29.0M$50.5Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.199−0.013%$7.5M$46.0M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.153−0.063%$414K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.206−0.006%$674K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.284+0.078%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.293+0.088%$493K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.336+0.134%$76K$167K20xas long as short
SunX HYPE-USDT+0.0100%4h93.353+0.152%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.354+0.153%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.215+0.004%$12.7M$2.6M50xas long as short
Extended HYPE-USD+0.0104%1h93.236+0.027%$18.2M$41.8M50xas long as short
Kalshi KXHYPEPERP+0.0117%8h93.294+0.089%$1.9M$5.3M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.310+0.106%$4.9M$5.7M50xas long as short
HTX HYPE-USDT+0.0232%4h93.405+0.208%$1.5M$7.7M75xas long as short
Injective HYPE/USDC PERP+0.0239%1h93.140−0.077%$30K$338K12xas long as short
Reya HYPERUSDPERP+0.0247%1h93.257+0.049%$77K$159K15xas long as short
BloFin HYPE-USDT+0.0260%4h93.2110.000%$16.8M$12.4M75xas long as short
RISEx HYPE/USDC+0.0280%1h93.325+0.122%$2.7M$6.8M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0165%1h93.313+0.109%$1.4M100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0435%1h93.459+0.266%$7.4M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0465%1h93.364+0.164%$20.9M$29.0M50xas long as short