Funding you earn now, next payment 23:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h +0.008%
Price spread now: Extended against Binance−0.010%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now −0.010%, 7d avg −0.036%
=Together, before fees+0.052%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.026% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYPEUSDT | 92.935 | 0.0066 | pay 0.0033% / 4h | 1h 26m | $381.2M | $895.3M | 75x |
| Short | Extended HYPE-USD | 92.926 | 0.0104 | get 0.0013% / 1h | 26m 10s | $18.2M | $42.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $8.01
- Price spread: −0.010% → −0.036%
- $2.6
- Slippage, 4 orders
- −$4.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$8.66
- Costs to cover
- 0.193%
- Break-even
- 14.6 days
Slippage from Binance: live order book, 3 min ago; Extended: 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 Binance live order book, 3 min ago | 0.05 bp | 5.4 bp −$5 | 7.3 bp −$73 | 13.9 bp −$1,387 | 35.6 bp −$17.8K |
| Sell Extended live order book, 3 min ago | 0.05 bp | 2.6 bp −$3 | 3.8 bp −$38 | 21.4 bp −$2,137 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0396% | 1h | 93.007 | +0.077% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0280% | 1h | 92.983 | +0.052% | $196K | $230K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 92.885 | −0.054% | $1.2M | $4.0M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0126% | 1h | 93.030 | +0.102% | $698K | $927K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.980 | +0.048% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 92.968 | +0.035% | $90K | $362K | 20x | as long as short |
| Popdex HYPEUSDT | −0.0016% | 1h | 92.954 | +0.020% | $58K | $1.2M | 50x | as long as short |
| Aster HYPEUSDT | −0.0006% | 4h | 92.949 | +0.015% | $8.8M | $36.0M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.019 | +0.091% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.963 | +0.029% | $23K | $331K | 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 −0.0001% | 1h | 92.993 | +0.062% | $20K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0024% | 8h | 92.930 | −0.006% | $322.3M | $287.2M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0024% | 4h | 92.961 | +0.028% | $171K | $518K | 20x | as long as short |
| Derive HYPE-PERP | +0.0033% | 1h | 92.925 | −0.012% | $16.2M | $7.1M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.033 | +0.105% | $213K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0046% | 4h | 92.956 | +0.022% | $43.8M | $58.5M | 75x | as long as short |
| Bullet HYPE-USD | +0.0058% | 1h | 92.945 | +0.011% | $111K | $580K | 20x | as long as short |
| Binance HYPEUSDTlong | +0.0066% | 4h | 92.935 | long leg | $381.2M | $895.3M | 75x | |
| MEXC HYPE_USDT | +0.0068% | 4h | 92.938 | +0.003% | $90.0M | $82.0M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0086% | 4h | 92.948 | +0.014% | $5.0M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.993 | +0.062% | $18.5M | $58.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.970 | +0.037% | $3.1M | $12.2M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 92.952 | +0.018% | $395K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0098% | 8h | 92.942 | +0.007% | $338K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 92.970 | +0.037% | $34K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.957 | +0.023% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.016 | +0.087% | $2.02B | $673.6M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.963 | +0.030% | $9.9M | $14.3M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.934 | −0.001% | $113.5M | $313.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.030 | +0.102% | $203K | $8K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.958 | +0.024% | $46.9M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.953 | +0.019% | $225.2M | $103.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.956 | +0.022% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.004 | +0.074% | $7.8M | $11.1M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.003 | +0.073% | $28.9M | $50.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.985 | +0.054% | $7.5M | $45.9M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.976 | +0.044% | $414K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.004 | +0.074% | $673K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.005 | +0.075% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.988 | +0.057% | $492K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.596 | +0.711% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.952 | +0.018% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.935 | 0.000% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 92.962 | +0.029% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USDshort | +0.0104% | 1h | 92.926 | −0.010% | $18.2M | $42.1M | 50x | |
| Kalshi KXHYPEPERP | +0.0110% | 8h | 93.037 | +0.109% | $1.9M | $5.3M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.010 | +0.080% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.230 | +0.317% | $30K | $338K | 12x | as long as short |
| HTX HYPE-USDT | +0.0241% | 4h | 93.150 | +0.231% | $1.5M | $7.7M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0247% | 1h | 92.942 | +0.008% | $77K | $158K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0273% | 4h | 93.022 | +0.093% | $16.9M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 92.993 | +0.063% | $2.8M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0158% | 1h | 92.988 | +0.057% | $1.5M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0438% | 1h | 93.054 | +0.128% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0467% | 1h | 93.043 | +0.116% | $20.8M | $29.0M | 50x | as long as short |
Binance HYPEUSDT
Extended HYPE-USD
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Popdex HYPEUSDT
Aster HYPEUSDT
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Derive HYPE-PERP
Phoenix HYPE
Gate HYPE_USDT
Bullet HYPE-USD
MEXC HYPE_USDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
BloFin HYPE-USDT
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD