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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0183%/8h= +20.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.020%
Price spread now: 01 Exchange against Aftermath Perps+0.115%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 +$5 a day on $10k at the current rate, and 01 Exchange is 0.115% dearer against Aftermath Perps than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD94.150−0.0263get 0.0033% / 1h34m 55s$22K$23K10x
Short01 Exchange HYPEUSD94.258−0.0080pay 0.0010% / 1h34m 55s$86K$361K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$38.42
Price spread: +0.115% → 0.000%
$11.47
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$33.89
Costs to cover
0.160%
Break-even
0.8 days
Slippage unknown: Aftermath Perps: no order-book sample; 01 Exchange: live order book, 39 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 01 Exchange live order book, 39 min ago0.16 bp6.7 bp −$710.2 bp −$102doesn't fitdoesn'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−0.1448%1h94.155+0.005%$199K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h94.174+0.025%$1.2M$3.8M10xas long as short
Phemex HYPEUSDT−0.0268%8h94.233+0.088%$12.8M$2.6M50xas long as short
Aftermath Perps HYPEUSDlong−0.0263%1h94.150long leg$22K$23K10x
dYdX HYPE-USD−0.0185%1h94.245+0.101%$129K$30K5xas long as short
Ondo Perps HYPE-USD.P−0.0158%1h94.220+0.074%$710K$947K10xas long as short
Bullet HYPE-USD−0.0094%1h94.242+0.098%$112K$580K20xas long as short
01 Exchange HYPEUSDshort−0.0080%1h94.258+0.115%$86K$361K20x
Hotstuff HYPE-PERP−0.0080%1h94.260+0.117%$3K$33125xas long as short
Bybit HYPEUSDT−0.0019%8h94.250+0.106%$323.8M$280.8M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_HYPE_USDC−0.0012%4h94.258+0.115%$166K$604K20xas long as short
Perpl HYPE0.0000%43m94.289+0.147%$23K$327K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h94.279+0.137%$27K150xas long as short
Gate HYPE_USDT+0.0016%4h94.258+0.115%$44.6M$59.6M75xas long as short
Aster HYPEUSDT+0.0024%4h94.266+0.123%$8.9M$36.1M300xas long as short
Phoenix HYPE+0.0034%1h94.173+0.024%$219K$1.2M10xas long as short
MEXC HYPE_USDT+0.0048%4h94.249+0.105%$89.6M$82.4M100xas long as short
Derive HYPE-PERP+0.0048%1h94.208+0.061%$16.5M$7.3M10xas long as short
Binance HYPEUSDT+0.0051%4h94.250+0.106%$384.4M$893.3M75xas long as short
edgeX HYPEUSDC+0.0058%4h94.030−0.127%$5.1M$29.8M30xas long as short
OKX HYPE-USDT-SWAP+0.0081%8h94.256+0.113%$116.4M$319.5M50xas long as short
Lighter HYPE+0.0096%1h94.311+0.171%$19.1M$58.8M20xas long as short
Lighter RH HYPE+0.0096%1h94.276+0.134%$3.1M$12.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h94.245+0.101%$63K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h94.254+0.110%$401K$193K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h94.314+0.174%$343K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h94.250+0.106%$24K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h94.249+0.106%$6.7M$44.8M10xas long as short
Hyperliquid HYPE+0.0100%1h94.367+0.230%$2.06B$675.7M10xas long as short
Pacifica HYPE+0.0100%1h94.291+0.150%$10.2M$14.6M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h94.264+0.121%$46.7M$18.2M75xas long as short
Bitget HYPEUSDT+0.0100%4h94.265+0.122%$228.6M$100.9M75xas long as short
BingX HYPE-USDT+0.0100%4h94.248+0.104%$53.9Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h94.275+0.133%$7.7M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h94.220+0.075%$31.8M$54.0Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.045−0.112%$7.6M$45.6M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.252+0.108%$341K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h94.245+0.101%$682K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h94.281+0.139%$271K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h94.266+0.123%$481K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h94.232+0.087%$76K$171K20xas long as short
SunX HYPE-USDT+0.0100%4h94.319+0.179%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h94.243+0.099%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h94.120−0.032%$205K$4K10xas long as short
Extended HYPE-USD+0.0104%1h94.237+0.093%$19.1M$44.2M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h94.280+0.138%$5.0M$5.5M50xas long as short
BloFin HYPE-USDT+0.0204%4h94.247+0.103%$17.0M$12.3M75xas long as short
Injective HYPE/USDC PERP+0.0205%1h94.490+0.361%$31K$338K12xas long as short
Kalshi KXHYPEPERP+0.0209%8h94.307+0.167%$1.9M$5.1M2.3xas long as short
RISEx HYPE/USDC+0.0222%1h94.299+0.158%$2.8M$6.7M20xas long as short
Reya HYPERUSDPERP+0.0251%1h94.242+0.098%$79K$145K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0334% / S −0.0153%1h94.266+0.123%$1.5M100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0355%1h94.337+0.199%$7.5M$4.7M50xas long as short
HTX HYPE-USDT+0.0449%4h94.428+0.295%$1.5M$6.3M75xas long as short
Kraken Futures PF_HYPEUSD+0.0669%1h94.341+0.203%$21.1M$29.7M50xas long as short