Funding you earn now, next payment 08:00 UTC+0.0404%/8h= +44.3% APRnext payment +$0.51 per $10,000 · paid last 24h +0.117%
Price spread now: RISEx against Aftermath Perps+0.098%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$12 a day on $10k at the current rate, and RISEx is 0.098% 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 | 94.381 | −0.0156 | get 0.0019% / 1h | 13m 51s | $22K | $20K | 10x |
| Short | RISEx HYPE/USDC | 94.473 | 0.0249 | get 0.0031% / 1h | 13m 51s | $3.2M | $6.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $84.91
- Price spread: +0.098% → 0.000%
- $9.8
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $79.71
- Costs to cover
- 0.150%
- Break-even
- 0.4 days
Slippage unknown: Aftermath Perps: no order-book sample; RISEx: live order book, 5 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 RISEx live order book, 5 min ago | 0.79 bp | 3.9 bp −$4 | 5.8 bp −$58 | 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 | −0.1688% | 1h | 94.413 | +0.034% | $204K | $266K | 7x | as long as short |
| Bluefin HYPE-PERP | −0.0393% | 1h | 94.455 | +0.078% | $80K | $152K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0214% | 1h | 94.390 | +0.010% | $712K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | −0.0182% | 1h | 94.463 | +0.087% | $111K | $575K | 20x | as long as short |
| Aftermath Perps HYPEUSDlong | −0.0156% | 1h | 94.381 | long leg | $22K | $20K | 10x | |
| 01 Exchange HYPEUSD | −0.0112% | 1h | 94.463 | +0.087% | $88K | $366K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.424 | +0.046% | $3K | $331 | 25x | as long as short |
| Derive HYPE-PERP | −0.0048% | 1h | 94.403 | +0.023% | $16.4M | $7.4M | 10x | as long as short |
| Arcus HYPE-USD | −0.0045% | 1h | 94.433 | +0.055% | $1.0M | $3.6M | 10x | as long as short |
| Lighter HYPE | −0.0032% | 1h | 94.442 | +0.065% | $16.4M | $64.6M | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HYPEUSDT | −0.0019% | 8h | 94.432 | +0.054% | $317.4M | $288.9M | 75x | as long as short |
| BingX HYPE-USDT | −0.0018% | 4h | 94.452 | +0.075% | — | $52.8M | — | as long as short |
| Orderly PERP_HYPE_USDC | −0.0009% | 4h | 94.447 | +0.070% | $147K | $686K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.464 | +0.088% | $130K | $94K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 94.538 | +0.166% | $1.9M | $5.6M | 2.3x | as long as short |
| Phoenix HYPE | 0.0000% | 1h | 94.517 | +0.144% | $209K | $1.1M | 10x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.463 | +0.087% | $19K | $286K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S 0.0000% | 1h | 94.492 | +0.118% | $124K | — | 150x | as long as short |
| Polymarket Perps HYPE-USD | +0.0012% | 1h | 94.480 | +0.105% | $498K | $2.8M | 20x | as long as short |
| Bitget HYPEUSDT | +0.0024% | 4h | 94.450 | +0.073% | $226.9M | $100.1M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0036% | 8h | 94.448 | +0.071% | $12.9M | $2.9M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0037% | 8h | 94.490 | +0.115% | $338K | $154K | 20x | as long as short |
| Vest HYPE-PERP | +0.0043% | 1h | 94.511 | +0.137% | — | $190K | 5x | as long as short |
| SoDEX HYPE-USD | +0.0055% | 1h | 94.472 | +0.096% | $2.1M | $1.9M | 10x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0064% | 1h | 94.470 | +0.094% | $4.7M | $6.2M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0066% | 8h | 94.432 | +0.054% | $117.8M | $325.6M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0083% | 4h | 94.437 | +0.059% | $5.0M | $30.8M | 30x | as long as short |
| Gate HYPE_USDT | +0.0094% | 4h | 94.456 | +0.080% | $50.3M | $56.8M | 75x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.448 | +0.071% | $3.2M | $10.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.442 | +0.065% | $79K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.440 | +0.063% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.439 | +0.062% | $7.2M | $52.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.531 | +0.159% | $2.08B | $688.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.451 | +0.075% | $8.8M | $37.1M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.470 | +0.094% | $10.2M | $15.0M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.447 | +0.070% | $378.7M | $933.5M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.307 | −0.079% | $218K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.456 | +0.080% | $89.8M | $84.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.455 | +0.078% | $46.9M | $18.9M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.438 | +0.060% | $7.6M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.390 | +0.010% | $29.6M | $54.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.361 | −0.021% | $7.6M | $45.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.316 | −0.069% | $370K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.412 | +0.033% | $682K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.540 | +0.169% | $32K | $1.6M | 20x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.574 | +0.205% | $1.4M | $6.8M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.430 | +0.052% | $18.3M | $43.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.472 | +0.097% | $399K | $153K | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0150% / S +0.0022% | 1h | 94.452 | +0.075% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0184% | 1h | 94.553 | +0.182% | $7.4M | $4.3M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0185% | 1h | 94.740 | +0.380% | $31K | $340K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0223% | 1h | 94.510 | +0.136% | $20.2M | $30.2M | 50x | as long as short |
| RISEx HYPE/USDCshort | +0.0249% | 1h | 94.473 | +0.098% | $3.2M | $6.4M | 20x | |
| Reya HYPERUSDPERP | +0.0272% | 1h | 94.388 | +0.008% | $85K | $120K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.400 | +0.020% | $17.1M | $12.4M | 75x | as long as short |
Aftermath Perps HYPEUSD
RISEx HYPE/USDC
Bluefin HYPE-PERP
Bullet HYPE-USD
01 Exchange HYPEUSD
Derive HYPE-PERP
Lighter HYPE
Bybit HYPEUSDT
BingX HYPE-USDT
Kalshi KXHYPEPERP
Phoenix HYPE
gTrade (Gains Network) HYPE/USD
Polymarket Perps HYPE-USD
Bitget HYPEUSDT
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
SoDEX HYPE-USD
Coinbase International HYPE-PERP-INTX
OKX HYPE-USDT-SWAP
edgeX HYPEUSDC
Gate HYPE_USDT
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
SunX HYPE-USDT
HTX HYPE-USDT
Extended HYPE-USD
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT