HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0328%/8h= +35.9% APRnext payment +$1.64 per $10,000 · paid last 24h +0.076%

Price spread now: BloFin against Aster−0.005%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs+$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$230.230% of the position

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.502%+$50 on $10k

Price spread, last 4 days (all we have)−0.199%−$20 · spread now −0.005%, 7d avg +0.015%

Together, before fees+0.303%+ Points / potential airdropAster: Stage 5 · farm board+$30 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HYPEUSDT	92.309	−0.0007	get 0.0004% / 4h	41m 02s	$8.7M	$36.4M	300x
Short	BloFin HYPE-USDT	92.305	0.0321	get 0.0160% / 4h	41m 02s	$16.7M	$11.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee BloFinbpOrdersPrice spread, now −0.005%Rate

Funding earned: $68.88
Price spread: −0.005% → +0.015%: −$1.93
Slippage, 4 orders: −$2.97
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $43.97
Costs to cover: 0.230%
Break-even: 2.5 days

Slippage from Aster: live order book, 3 min ago; BloFin: live order book, 3 min ago.

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 Aster live order book, 3 min ago	0.43 bp	4.5 bp −$4	5.2 bp −$52	13.8 bp −$1,380	doesn't fit
Sell BloFin live order book, 3 min ago	0.16 bp	7.7 bp −$8	11.4 bp −$114	18.7 bp −$1,867	doesn't fit

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
Arcus HYPE-USD	−0.0948%	1h	92.226	−0.090%	$1.2M	$3.8M	10x	as long as short
Hibachi HYPE/USDT-P	−0.0520%	1h	92.314	+0.005%	$193K	$229K	7x	as long as short
Aftermath Perps HYPEUSD	−0.0170%	1h	92.291	−0.019%	$22K	$21K	10x	as long as short
01 Exchange HYPEUSD	−0.0120%	1h	92.308	−0.001%	$85K	$355K	20x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	92.305	−0.005%	$3K	$331	25x	as long as short
Orderly PERP_HYPE_USDC	−0.0069%	4h	92.270	−0.043%	$157K	$663K	20x	as long as short
Bullet HYPE-USD	−0.0062%	1h	92.271	−0.042%	$110K	$579K	20x	as long as short
Aster HYPEUSDTlong	−0.0007%	4h	92.309	long leg	$8.7M	$36.4M	300x
dYdX HYPE-USD	0.0000%	1h	92.312	+0.003%	$127K	$31K	5x	as long as short
Perpl HYPE	0.0000%	43m	92.261	−0.052%	$22K	$310K	10x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0002%	1h	92.296	−0.014%	$61K	—	150x	as long as short
Ondo Perps HYPE-USD.P	+0.0020%	1h	92.240	−0.075%	$695K	$1.1M	10x	as long as short
BingX HYPE-USDT	+0.0030%	4h	92.330	+0.022%	—	$53.3M	—	as long as short
Phoenix HYPE	+0.0043%	1h	92.246	−0.069%	$209K	$1.2M	10x	as long as short
Bybit HYPEUSDT	+0.0052%	8h	92.400	+0.098%	$316.0M	$281.2M	75x	as long as short
Gate HYPE_USDT	+0.0058%	4h	92.358	+0.053%	$44.3M	$54.9M	75x	as long as short
Phemex HYPEUSDT	+0.0066%	8h	92.321	+0.013%	$12.5M	$2.7M	50x	as long as short
Derive HYPE-PERP	+0.0070%	1h	92.270	−0.043%	$16.0M	$7.5M	10x	as long as short
OKX HYPE-USDT-SWAP	+0.0077%	8h	92.413	+0.112%	$112.9M	$302.3M	50x	as long as short
MEXC HYPE_USDT	+0.0080%	4h	92.326	+0.018%	$87.1M	$80.5M	100x	as long as short
Binance HYPEUSDT	+0.0081%	4h	92.390	+0.087%	$370.4M	$900.0M	75x	as long as short
edgeX HYPEUSDC	+0.0089%	4h	92.287	−0.024%	$4.9M	$29.5M	30x	as long as short
Paradex HYPE-USD-PERP	+0.0091%	8h	92.331	+0.024%	$338K	$163K	20x	as long as short
Lighter HYPE	+0.0096%	1h	92.320	+0.012%	$16.0M	$62.4M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	92.310	+0.001%	$3.1M	$11.7M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	92.298	−0.012%	$68K	$1.2M	50x	as long as short
Katana Perps HYPE-USD	+0.0099%	8h	92.260	−0.053%	$29K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	92.291	−0.019%	$6.1M	$43.4M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	92.377	+0.073%	$2.01B	$665.4M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	92.320	+0.011%	$10.0M	$15.0M	20x	as long as short
Bulk HYPE-USD	+0.0100%	1h	92.245	−0.070%	$201K	$13K	10x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	92.313	+0.004%	$45.8M	$18.3M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	92.418	+0.118%	$224.2M	$98.4M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	92.320	+0.012%	$7.4M	$10.6M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	92.258	−0.056%	$28.3M	$57.4M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	92.209	−0.109%	$7.5M	$45.9M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	92.186	−0.134%	$337K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	92.325	+0.017%	$663K	$2.7M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	92.324	+0.016%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	92.292	−0.019%	$475K	$2.6M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	92.271	−0.042%	$78K	$169K	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	92.330	+0.022%	$31K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	92.306	−0.004%	$2.0M	$2.0M	10x	as long as short
HTX HYPE-USDT	+0.0100%	4h	92.404	+0.103%	$1.4M	$6.2M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	92.387	+0.084%	$18.1M	$43.5M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	92.275	−0.037%	$390K	$164K	20x	as long as short
Injective HYPE/USDC PERP	+0.0150%	1h	93.000	+0.748%	$30K	$339K	12x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0160%	1h	92.380	+0.077%	$4.7M	$5.5M	50x	as long as short
Kalshi KXHYPEPERP	+0.0255%	8h	92.333	+0.026%	$1.8M	$5.4M	2.3x	as long as short
Reya HYPERUSDPERP	+0.0261%	1h	92.266	−0.047%	$79K	$138K	15x	as long as short
BloFin HYPE-USDTshort	+0.0321%	4h	92.305	−0.005%	$16.7M	$11.5M	75x
GMX HYPE/USD [WBTC.b-USDC]	L +0.0330% / S −0.0154%	1h	92.301	−0.009%	$1.4M	—	100x	as long as short
Kraken Futures PF_HYPEUSD	+0.0333%	1h	92.355	+0.050%	$20.5M	$30.4M	50x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0487%	1h	92.391	+0.088%	$7.5M	$4.4M	50x	as long as short
RISEx HYPE/USDC	+0.0687%	1h	92.374	+0.070%	$3.1M	$6.4M	20x	as long as short