Settings8H · net · $10k
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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 07:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter RH against ApeX Omni+0.115%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$210.214% of the position
Long on ApeX OmniShort on Lighter RH
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 7 days−0.097%−$10 · spread now +0.115%, 7d avg +0.007%
Together, before fees−0.157%+ Points / potential airdropLighter RH: Points live · farm board−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.108% dearer against ApeX Omni than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni HYPEUSDT93.5660.0100pay 0.0013% / 1h27m 13s$354K$1.0M50x
ShortLighter RH HYPE93.6740.0096get 0.0012% / 1h27m 13s$3.2M$11.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against ApeX Omni. 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
−$0.84
Price spread: +0.115% → +0.007%
$10.83
Slippage, 4 orders
−$11.38
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$11.39
Costs to cover
0.214%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 2 min ago; Lighter RH: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 2 min ago3.15 bp9.9 bp −$1014.7 bp −$147doesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago1.39 bp1.9 bp −$23.2 bp −$3225.0 bp −$2,497doesn't fit

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−0.0992%1h93.495−0.076%$198K$238K7xas long as short
Aftermath Perps HYPEUSD−0.0189%1h93.552−0.015%$22K$21K10xas long as short
BingX HYPE-USDT−0.0100%4h93.659+0.099%—$53.5M—as long as short
Hotstuff HYPE-PERP−0.0080%1h93.616+0.053%$3K$33125xas long as short
Ondo Perps HYPE-USD.P−0.0079%1h93.520−0.049%$703K$1.2M10xas long as short
Bullet HYPE-USD−0.0070%1h93.656+0.096%$111K$579K20xas long as short
01 Exchange HYPEUSD−0.0040%1h93.704+0.147%$86K$368K20xas long as short
Orderly PERP_HYPE_USDC−0.0018%4h93.634+0.073%$145K$683K20xas long as short
Bluefin HYPE-PERP−0.0003%1h93.644+0.083%$79K$155K20xas long as short
dYdX HYPE-USD0.0000%1h93.682+0.124%$128K$26K5xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HYPEUSDT0.0000%8h93.649+0.089%$316.0M$287.2M75xas long as short
Perpl HYPE0.0000%43m93.667+0.108%$20K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.580+0.015%$83K—150xas long as short
Derive HYPE-PERP+0.0007%1h93.302−0.282%$16.2M$7.5M10xas long as short
Phoenix HYPE+0.0017%1h93.623+0.061%$208K$1.1M10xas long as short
Bitget HYPEUSDT+0.0048%4h93.672+0.113%$225.7M$99.4M75xas long as short
Paradex HYPE-USD-PERP+0.0077%8h93.687+0.129%$335K$161K20xas long as short
Arcus HYPE-USD+0.0084%1h93.632+0.071%$1.0M$4.0M10xas long as short
Phemex HYPEUSDT+0.0086%8h93.649+0.089%$12.8M$2.8M50xas long as short
edgeX HYPEUSDC+0.0093%4h93.551−0.016%$5.0M$30.5M30xas long as short
Lighter HYPE+0.0096%1h93.672+0.113%$16.1M$64.0M20xas long as short
Lighter RH HYPEshort+0.0096%1h93.674+0.115%$3.2M$11.1M20x
Popdex HYPEUSDT+0.0096%1h93.667+0.108%$78K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.620+0.058%$21K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.643+0.082%$7.5M$50.6M10xas long as short
Hyperliquid HYPE+0.0100%1h93.764+0.212%$2.05B$682.5M10xas long as short
Aster HYPEUSDT+0.0100%4h93.675+0.116%$8.8M$36.9M300xas long as short
Pacifica HYPE+0.0100%1h93.681+0.123%$10.1M$15.5M20xas long as short
Binance HYPEUSDT+0.0100%4h93.672+0.113%$374.8M$928.3M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.664+0.105%$115.6M$314.7M50xas long as short
Gate HYPE_USDT+0.0100%4h93.668+0.109%$48.6M$55.4M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.669+0.110%$90.3M$84.3M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.663+0.104%$46.4M$18.7M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.685+0.127%$7.2M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.449−0.125%$28.7M$56.3M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.492−0.079%$7.5M$48.1M10xas long as short
ApeX Omni HYPEUSDTlong+0.0100%1h93.566long leg$354K$1.0M50x
StandX HYPE-USD+0.0100%1h93.579+0.014%$678K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h93.700+0.143%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.672+0.113%$470K$2.8M20xas long as short
SunX HYPE-USDT+0.0100%4h93.725+0.170%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.666+0.107%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.779+0.228%$1.4M$6.7M75xas long as short
Bulk HYPE-USD+0.0100%1h93.438−0.136%$216K$15K10xas long as short
Extended HYPE-USD+0.0104%1h93.635+0.073%$18.2M$43.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.670+0.111%$396K$159K20xas long as short
Kalshi KXHYPEPERP+0.0105%8h93.720+0.165%$1.8M$5.6M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0120%1h93.660+0.100%$4.7M$6.1M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0151% / S +0.0022%1h93.681+0.123%$1.4M—100xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.540−0.028%$30K$339K12xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0230%1h93.754+0.201%$7.4M$4.2M50xas long as short
Reya HYPERUSDPERP+0.0271%1h93.535−0.033%$77K$129K15xas long as short
BloFin HYPE-USDT+0.0340%4h93.642+0.081%$16.9M$12.2M75xas long as short
Kraken Futures PF_HYPEUSD+0.0415%1h93.742+0.188%$20.9M$29.5M50xas long as short
RISEx HYPE/USDC+0.0559%1h93.700+0.143%$3.2M$6.3M20xas long as short