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 00:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.25 per $10,000 · paid last 24h +0.007%
Price spread now: SunX against Binance+0.054%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$690.686% of the position
Long on BinanceShort on SunX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 3 days (all we have)−0.043%−$4 · spread now +0.054%, 7d avg +0.054%
Together, before fees−0.021%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HYPEUSDT93.6970.0049pay 0.0025% / 4h21m 22s$382.6M$896.5M75x
ShortSunX HYPE-USDT93.7480.0100get 0.0050% / 4h21m 22s$32K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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
$10.67
Price spread: +0.054% → +0.054%
−$0.01
Slippage, 4 orders
−$50.55
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$57.89
Costs to cover
0.686%
Break-even
45.0 days
Slippage from Binance: live order book, 8 min ago; SunX: live order book, 4 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 Binance live order book, 8 min ago0.05 bp5.5 bp −$57.5 bp −$7516.1 bp −$1,609doesn't fit
Sell SunX live order book, 4 min ago19.35 bp33.0 bp −$33doesn't fitdoesn't fitdoesn'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%1h93.602−0.102%$198K$230K7xas long as short
Aftermath Perps HYPEUSD−0.0396%1h93.644−0.057%$22K$22K10xas long as short
Arcus HYPE-USD−0.0233%1h93.559−0.148%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0089%1h93.680−0.018%$704K$912K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.557−0.150%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0064%1h93.671−0.028%$86K$367K20xas long as short
Orderly PERP_HYPE_USDC−0.0001%4h93.700+0.003%$168K$586K20xas long as short
dYdX HYPE-USD0.0000%1h93.737+0.043%$128K$30K5xas long as short
Perpl HYPE0.0000%43m93.700+0.002%$23K$329K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.727+0.032%$26K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0006%4h93.667−0.033%$8.9M$36.0M300xas long as short
Phoenix HYPE+0.0009%1h93.610−0.093%$214K$1.2M10xas long as short
Bybit HYPEUSDT+0.0017%8h93.690−0.008%$322.1M$283.8M75xas long as short
Derive HYPE-PERP+0.0030%1h93.653−0.047%$16.4M$7.1M10xas long as short
MEXC HYPE_USDT+0.0048%4h93.688−0.010%$87.9M$81.9M100xas long as short
Binance HYPEUSDTlong+0.0049%4h93.697long leg$382.6M$896.5M75x
Phemex HYPEUSDT+0.0067%8h93.708+0.011%$12.8M$2.6M50xas long as short
edgeX HYPEUSDC+0.0070%4h93.483−0.228%$5.1M$29.7M30xas long as short
Gate HYPE_USDT+0.0074%4h93.679−0.019%$44.0M$59.7M75xas long as short
Popdex HYPEUSDT+0.0080%1h93.688−0.010%$59K$1.2M50xas long as short
Lighter HYPE+0.0096%1h93.741+0.047%$18.9M$60.2M20xas long as short
Lighter RH HYPE+0.0096%1h93.717+0.021%$3.0M$12.3M20xas long as short
Aevo HYPE-PERP+0.0096%1h93.710+0.013%$399K$318K20xas long as short
OKX HYPE-USDT-SWAP+0.0098%8h93.701+0.004%$115.5M$321.3M50xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.683−0.016%$340K$171K20xas long as short
Katana Perps HYPE-USD+0.0099%8h93.680−0.018%$15K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.645−0.056%$5.7M$44.4M10xas long as short
Pacifica HYPE+0.0100%1h93.708+0.012%$10.1M$14.5M20xas long as short
Bulk HYPE-USD+0.0100%1h93.625−0.077%$204K$7K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.703+0.006%$46.4M$18.6M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.698+0.001%$227.0M$102.2M75xas long as short
BingX HYPE-USDT+0.0100%4h93.688−0.010%—$54.1M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.753+0.059%$7.9M$10.5M20xas long as short
Variational Omni HYPE+0.0100%8h93.672−0.027%$31.1M$54.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.549−0.159%$7.5M$45.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.489−0.222%$358K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.514−0.196%$676K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.717+0.021%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.706+0.009%$491K$2.4M20xas long as short
Bullet HYPE-USD+0.0100%1h93.698+0.001%$113K$576K20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.698+0.001%$76K$171K20xas long as short
SunX HYPE-USDTshort+0.0100%4h93.748+0.054%$32K$1.6M20x
SoDEX HYPE-USD+0.0100%1h93.698+0.001%$2.0M$2.0M10xas long as short
Injective HYPE/USDC PERP+0.0104%1h94.410+0.761%$31K$338K12xas long as short
Extended HYPE-USD+0.0104%1h93.680−0.018%$18.4M$42.8M50xas long as short
Kalshi KXHYPEPERP+0.0134%8h93.672−0.027%$1.9M$5.0M2.3xas long as short
Hyperliquid HYPE+0.0135%1h93.734+0.039%$2.04B$677.3M10xas long as short
Coinbase International HYPE-PERP-INTX+0.0152%1h93.790+0.099%$4.9M$5.7M50xas long as short
BloFin HYPE-USDT+0.0197%4h93.704+0.007%$17.0M$12.5M75xas long as short
HTX HYPE-USDT+0.0204%4h93.848+0.161%$1.5M$7.8M75xas long as short
Reya HYPERUSDPERP+0.0249%1h93.694−0.004%$77K$142K15xas long as short
RISEx HYPE/USDC+0.0284%1h93.716+0.020%$2.8M$6.9M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0163%1h93.725+0.029%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0433%1h93.798+0.108%$7.5M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0579%1h93.795+0.105%$20.9M$29.5M50xas long as short