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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 01:00 UTC+0.0291%/8h= +31.9% APRpaid last 24h −0.002%
Price spread now: MEXC against Aftermath Perps−0.085%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Aftermath PerpsShort on MEXC
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 days—no price history on both exchanges yet
Together, before fees—needs both histories
Funding pays, the price is against you. MEXC is 0.085% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.085% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 23 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD94.179−0.0241get 0.0030% / 1h31m 38s$22K$23K10x
ShortMEXC HYPE_USDT94.0990.0050get 0.0025% / 4h3h 31m$89.4M$82.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$61.1
Price spread: −0.085% → 0.000%
−$8.54
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
$39.55
Costs to cover
0.130%
Break-even
2.5 days
Slippage unknown: Aftermath Perps: no order-book sample; MEXC: 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 MEXC live order book, 2 min ago0.05 bp2.1 bp −$23.2 bp −$3212.6 bp −$1,25635.4 bp −$17.7K
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−0.1448%1h94.283+0.110%$200K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h93.997−0.194%$1.2M$3.8M10xas long as short
Aftermath Perps HYPEUSDlong−0.0241%1h94.179long leg$22K$23K10x
Ondo Perps HYPE-USD.P−0.0161%1h94.030−0.159%$706K$948K10xas long as short
dYdX HYPE-USD−0.0159%1h94.048−0.140%$129K$31K5xas long as short
Bullet HYPE-USD−0.0094%1h94.051−0.136%$112K$580K20xas long as short
Phemex HYPEUSDT−0.0089%8h94.102−0.082%$12.8M$2.6M50xas long as short
01 Exchange HYPEUSD−0.0080%1h94.108−0.076%$86K$361K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h94.090−0.095%$3K$33125xas long as short
Bybit HYPEUSDT−0.0030%8h94.075−0.111%$323.1M$280.7M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_HYPE_USDC−0.0015%4h94.053−0.134%$160K$652K20xas long as short
Perpl HYPE0.0000%43m94.050−0.138%$23K$327K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h94.092−0.093%$27K—150xas long as short
Gate HYPE_USDT+0.0004%4h94.089−0.096%$44.5M$59.7M75xas long as short
Aster HYPEUSDT+0.0018%4h94.101−0.083%$8.9M$36.1M300xas long as short
Phoenix HYPE+0.0034%1h94.342+0.173%$219K$1.2M10xas long as short
Binance HYPEUSDT+0.0048%4h94.125−0.058%$383.9M$893.2M75xas long as short
MEXC HYPE_USDTshort+0.0050%4h94.099−0.085%$89.4M$82.5M100x
Derive HYPE-PERP+0.0056%1h94.034−0.154%$16.4M$7.3M10xas long as short
edgeX HYPEUSDC+0.0061%4h94.240+0.064%$5.1M$29.9M30xas long as short
OKX HYPE-USDT-SWAP+0.0081%8h94.100−0.084%$116.0M$318.5M50xas long as short
Lighter HYPE+0.0096%1h94.146−0.035%$19.0M$59.0M20xas long as short
Lighter RH HYPE+0.0096%1h94.111−0.073%$3.0M$12.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h94.098−0.086%$66K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h94.068−0.118%$400K$188K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h94.137−0.045%$342K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h94.120−0.063%$26K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.993−0.198%$6.6M$44.8M10xas long as short
Hyperliquid HYPE+0.0100%1h94.191+0.012%$2.05B$677.2M10xas long as short
Pacifica HYPE+0.0100%1h94.118−0.065%$10.2M$14.6M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h94.103−0.081%$46.6M$18.1M75xas long as short
Bitget HYPEUSDT+0.0100%4h94.098−0.086%$228.2M$100.9M75xas long as short
BingX HYPE-USDT+0.0100%4h94.092−0.093%—$53.9M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h94.088−0.097%$7.7M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h94.220+0.043%$31.8M$54.0M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.271+0.097%$7.6M$45.8M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.209+0.031%$341K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h94.205+0.027%$682K$2.5M20xas long as short
Polymarket Perps HYPE-USD+0.0100%1h94.094−0.091%$480K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h94.069−0.117%$76K$171K20xas long as short
SunX HYPE-USDT+0.0100%4h94.150−0.031%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h94.071−0.115%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h94.120−0.063%$205K$4K10xas long as short
Vest HYPE-PERP+0.0100%1h94.102−0.082%—$248K5xas long as short
Extended HYPE-USD+0.0104%1h94.082−0.103%$18.8M$44.5M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h94.070−0.116%$4.9M$5.5M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h94.490+0.330%$31K$338K12xas long as short
BloFin HYPE-USDT+0.0206%4h94.147−0.034%$17.0M$12.2M75xas long as short
Kalshi KXHYPEPERP+0.0217%8h94.109−0.075%$1.9M$5.1M2.3xas long as short
RISEx HYPE/USDC+0.0222%1h94.145−0.037%$2.8M$6.7M20xas long as short
Reya HYPERUSDPERP+0.0251%1h94.064−0.123%$79K$146K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0333% / S −0.0152%1h94.098−0.086%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0398%1h94.165−0.015%$7.5M$4.7M50xas long as short
HTX HYPE-USDT+0.0435%4h94.230+0.054%$1.5M$6.3M75xas long as short
Kraken Futures PF_HYPEUSD+0.0671%1h94.165−0.015%$21.0M$29.7M50xas long as short