Funding you earn now, next payment 02:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.009%
Price spread now: Pacifica against Binance+0.027%7-day average −0.010% · 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−$16as in the Price arb table
costs, in and out, $10k−$200.200% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now +0.027%, 7d avg −0.010%
=Together, before fees−0.110%+ Points / potential airdropPacifica: Active · farm board−$11 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 Pacifica is 0.037% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.073%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYPEUSDT | 93.892 | 0.0069 | pay 0.0034% / 4h | 2h 22m | $382.2M | $891.5M | 75x |
| Short | Pacifica HYPE | 93.917 | 0.0100 | get 0.0013% / 1h | 22m 31s | $10.1M | $14.7M | 20x |
Binance HYPEUSDT
Pacifica HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $6.56
- Price spread: +0.027% → −0.010%
- $3.67
- Slippage, 4 orders
- −$1.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$9.76
- Costs to cover
- 0.200%
- Break-even
- 17.4 days
Slippage from Binance: live order book, 6 min ago; Pacifica: live order book, 2 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, 6 min ago | 0.05 bp | 5.9 bp −$6 | 7.0 bp −$70 | 12.5 bp −$1,247 | 32.9 bp −$16.5K |
| Sell Pacifica live order book, 2 min ago | 0.05 bp | 4.5 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
HYPE on 54 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1000% | 1h | 93.698 | −0.206% | $197K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.765 | −0.135% | $1.2M | $3.8M | 10x | as long as short |
| Phemex HYPEUSDT | −0.0138% | 8h | 93.853 | −0.041% | $12.7M | $2.7M | 50x | as long as short |
| Aftermath Perps HYPEUSD | −0.0129% | 1h | 93.822 | −0.074% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.875 | −0.018% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0076% | 1h | 93.850 | −0.044% | $703K | $924K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0056% | 4h | 93.836 | −0.059% | $157K | $646K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0048% | 1h | 93.912 | +0.022% | $85K | $350K | 20x | as long as short |
| Backpack HYPE_USDC_PERP | −0.0035% | 1h | 93.796 | −0.102% | $7.8M | $10.3M | 20x | as long as short |
| Gate HYPE_USDT | −0.0028% | 4h | 93.882 | −0.010% | $44.5M | $55.1M | 75x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Phemex HYPEUSDT
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
Backpack HYPE_USDC_PERP
Gate HYPE_USDTShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | −0.0002% | 4h | 93.885 | −0.007% | $8.9M | $35.8M | 300x | as long as short |
| BingX HYPE-USDT | −0.0001% | 4h | 93.884 | −0.008% | — | $53.6M | — | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.844 | −0.050% | $129K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.908 | +0.017% | $22K | $326K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.891 | 0.000% | $26K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0003% | 8h | 93.855 | −0.039% | $322.3M | $281.0M | 75x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.922 | +0.032% | $213K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0068% | 4h | 93.896 | +0.005% | $87.9M | $82.9M | 100x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0069% | 8h | 93.863 | −0.031% | $115.4M | $308.4M | 50x | as long as short |
| Binance HYPEUSDTlong | +0.0069% | 4h | 93.892 | long leg | $382.2M | $891.5M | 75x | |
| Bullet HYPE-USD | +0.0073% | 1h | 93.895 | +0.004% | $112K | $577K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0079% | 4h | 93.907 | +0.016% | $5.1M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.934 | +0.045% | $341K | $164K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.912 | +0.022% | $16.4M | $62.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.909 | +0.018% | $3.1M | $11.9M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.887 | −0.005% | $67K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.812 | −0.084% | $399K | $175K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.890 | −0.002% | $21K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.913 | +0.023% | $5.8M | $44.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.005 | +0.121% | $2.05B | $665.6M | 10x | as long as short |
| Pacifica HYPEshort | +0.0100% | 1h | 93.917 | +0.027% | $10.1M | $14.7M | 20x | |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.925 | +0.036% | $46.5M | $18.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.901 | +0.010% | $227.5M | $98.4M | 75x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.910 | +0.019% | $31.1M | $54.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.947 | +0.059% | $7.6M | $47.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.891 | −0.001% | $339K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.836 | −0.059% | $670K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.945 | +0.056% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.937 | +0.048% | $474K | $2.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.774 | −0.125% | $79K | $171K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.787 | −0.112% | $16.3M | $7.7M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.947 | +0.059% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.798 | −0.100% | $2.0M | $1.9M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.880 | −0.012% | $204K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.848 | −0.046% | $18.3M | $44.2M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.920 | +0.030% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 93.800 | −0.098% | $30K | $339K | 12x | as long as short |
| HTX HYPE-USDT | +0.0205% | 4h | 93.976 | +0.090% | $1.4M | $5.9M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0210% | 1h | 93.962 | +0.075% | $3.2M | $7.0M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0255% | 1h | 93.910 | +0.020% | $80K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0276% | 8h | 93.905 | +0.014% | $1.9M | $4.9M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0156% | 1h | 93.901 | +0.010% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0389% | 1h | 93.897 | +0.006% | $7.5M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0679% | 1h | 93.902 | +0.011% | $21.0M | $29.8M | 50x | as long as short |
Aster HYPEUSDT
BingX HYPE-USDT
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Phoenix HYPE
MEXC HYPE_USDT
OKX HYPE-USDT-SWAP
Bullet HYPE-USD
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
RISEx HYPE/USDC
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD