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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0284%/8h= +31.1% APRnext payment +$0.35 per $10,000 · paid last 24h +0.013%
Price spread now: StandX against Aftermath Perps+0.146%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 fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and StandX is 0.146% dearer against Aftermath Perps than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD93.371−0.0184get 0.0023% / 1h47m 04s$22K$21K10x
ShortStandX HYPE-USD93.5080.0100get 0.0013% / 1h47m 04s$667K$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$59.58
Price spread: +0.146% → 0.000%
$14.65
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee StandX: 4 bp × 2 orders
−$8
Net
$57.22
Costs to cover
0.170%
Break-even
0.3 days
Slippage unknown: Aftermath Perps: no order-book sample; StandX: 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 StandX live order book, 2 min ago1.39 bp5.4 bp −$55.7 bp −$5712.2 bp −$1,223doesn'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−0.1064%1h93.383+0.013%$197K$229K7xas long as short
Arcus HYPE-USD−0.0786%1h93.276−0.102%$1.2M$3.9M10xas long as short
Aftermath Perps HYPEUSDlong−0.0184%1h93.371long leg$22K$21K10x
Backpack HYPE_USDC_PERP−0.0125%1h93.296−0.081%$7.8M$10.6M20xas long as short
Ondo Perps HYPE-USD.P−0.0112%1h93.340−0.033%$699K$978K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.377+0.006%$3K$33125xas long as short
Gate HYPE_USDT−0.0080%4h93.318−0.057%$44.2M$53.8M75xas long as short
01 Exchange HYPEUSD−0.0072%1h93.404+0.035%$85K$361K20xas long as short
Phemex HYPEUSDT−0.0064%8h93.331−0.043%$12.7M$2.7M50xas long as short
Orderly PERP_HYPE_USDC−0.0052%4h93.304−0.072%$158K$646K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT−0.0025%4h93.318−0.057%$8.9M$36.2M300xas long as short
dYdX HYPE-USD0.0000%1h93.427+0.059%$128K$31K5xas long as short
Perpl HYPE0.0000%43m93.426+0.059%$22K$333K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.382+0.011%$26K150xas long as short
BingX HYPE-USDT+0.0016%4h93.325−0.049%$54.2Mas long as short
Bybit HYPEUSDT+0.0018%8h93.300−0.076%$319.3M$283.2M75xas long as short
Bullet HYPE-USD+0.0029%1h93.346−0.027%$111K$579K20xas long as short
Bluefin HYPE-PERP+0.0033%1h93.337−0.037%$79K$174K20xas long as short
Binance HYPEUSDT+0.0044%4h93.322−0.053%$380.4M$905.3M75xas long as short
MEXC HYPE_USDT+0.0046%4h93.331−0.043%$88.2M$82.3M100xas long as short
Derive HYPE-PERP+0.0058%1h93.301−0.076%$16.2M$7.6M10xas long as short
Phoenix HYPE+0.0060%1h93.190−0.194%$212K$1.2M10xas long as short
edgeX HYPEUSDC+0.0062%4h93.437+0.070%$5.1M$29.9M30xas long as short
OKX HYPE-USDT-SWAP+0.0065%8h93.305−0.071%$115.0M$315.5M50xas long as short
Aevo HYPE-PERP+0.0088%1h93.345−0.028%$397K$177K20xas long as short
Lighter HYPE+0.0096%1h93.325−0.050%$16.4M$62.2M20xas long as short
Lighter RH HYPE+0.0096%1h93.315−0.060%$3.1M$11.8M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.407+0.038%$64K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.406+0.037%$339K$165K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.420+0.052%$37K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.334−0.039%$6.6M$44.7M10xas long as short
Hyperliquid HYPE+0.0100%1h93.423+0.055%$2.04B$675.1M10xas long as short
Pacifica HYPE+0.0100%1h93.385+0.014%$10.0M$14.7M20xas long as short
Bulk HYPE-USD+0.0100%1h93.404+0.035%$203K$10K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.314−0.061%$46.0M$18.4M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.339−0.035%$225.9M$100.8M75xas long as short
Variational Omni HYPE+0.0100%8h93.281−0.097%$30.9M$55.0Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.420+0.052%$7.5M$47.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.460+0.095%$338K$1.1M50xas long as short
StandX HYPE-USDshort+0.0100%1h93.508+0.146%$667K$2.6M20x
Vest HYPE-PERP+0.0100%1h93.437+0.070%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.417+0.049%$467K$2.5M20xas long as short
SunX HYPE-USDT+0.0100%4h93.416+0.048%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.304−0.072%$2.0M$2.0M10xas long as short
Extended HYPE-USD+0.0104%1h93.251−0.129%$18.4M$44.4M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0136%1h93.380+0.009%$4.9M$5.5M50xas long as short
Injective HYPE/USDC PERP+0.0137%1h93.250−0.130%$30K$338K12xas long as short
BloFin HYPE-USDT+0.0175%4h93.407+0.038%$17.0M$12.1M75xas long as short
RISEx HYPE/USDC+0.0210%1h93.452+0.086%$2.7M$6.7M20xas long as short
Reya HYPERUSDPERP+0.0253%1h93.357−0.015%$79K$142K15xas long as short
HTX HYPE-USDT+0.0259%4h93.490+0.127%$1.4M$6.1M75xas long as short
Kalshi KXHYPEPERP+0.0259%8h93.441+0.075%$1.9M$5.2M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0334% / S −0.0158%1h93.379+0.008%$1.4M100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0489%1h93.392+0.022%$7.5M$4.5M50xas long as short
Kraken Futures PF_HYPEUSD+0.0683%1h93.374+0.003%$20.8M$30.0M50xas long as short