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+0.0088%/8h= +9.6% APRpaid last 24h +0.014%
Price spread now: StandX against BingX+0.092%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Long on BingXShort on StandX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.084%+$8 on $10k
Price spread, last 7 days−0.093%−$9 · spread now +0.092%, 7d avg +0.008%
Together, before fees−0.009%+ Points / potential airdropStandX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and StandX is 0.084% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX HYPE-USDT93.7500.0012pay 0.0006% / 4h1h 55m—$53.8M—
ShortStandX HYPE-USD93.8360.0100get 0.0013% / 1h55m 17s$680K$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against BingX. 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
$18.48
Price spread: +0.092% → +0.008%
$8.36
Slippage, 4 orders
−$3.72
Fee BingX: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
$5.12
Costs to cover
0.217%
Break-even
5.1 days
Slippage from BingX: live order book, 14 min ago; StandX: 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 BingX live order book, 14 min ago0.58 bp5.6 bp −$66.5 bp −$6510.7 bp −$1,07214.0 bp −$6,985
Sell StandX live order book, 4 min ago1.28 bp5.3 bp −$55.5 bp −$5513.7 bp −$1,365doesn'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−0.1224%1h93.798+0.052%$199K$243K7xas long as short
Aftermath Perps HYPEUSD−0.0267%1h94.002+0.269%$22K$21K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.992+0.258%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0072%1h93.770+0.021%$86K$372K20xas long as short
Ondo Perps HYPE-USD.P−0.0044%1h93.730−0.021%$707K$1.2M10xas long as short
Orderly PERP_HYPE_USDC−0.0017%4h93.724−0.028%$149K$681K20xas long as short
dYdX HYPE-USD0.0000%1h93.813+0.067%$129K$29K5xas long as short
Perpl HYPE0.0000%43m93.760+0.010%$22K$285K10xas long as short
Bluefin HYPE-PERP+0.0002%1h93.745−0.005%$79K$166K20xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.781+0.033%$63K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX HYPE-USDTlong+0.0012%4h93.750long leg—$53.8M—
Bybit HYPEUSDT+0.0016%8h93.736−0.015%$316.8M$287.3M75xas long as short
Phoenix HYPE+0.0026%1h93.872+0.130%$209K$1.1M10xas long as short
Bitget HYPEUSDT+0.0040%4h93.764+0.015%$226.0M$99.4M75xas long as short
Phemex HYPEUSDT+0.0063%8h93.789+0.042%$12.8M$2.8M50xas long as short
edgeX HYPEUSDC+0.0080%4h93.922+0.183%$5.0M$30.4M30xas long as short
Arcus HYPE-USD+0.0084%1h93.759+0.010%$1.0M$4.0M10xas long as short
ApeX Omni HYPEUSDT+0.0089%1h93.802+0.055%$348K$1.0M50xas long as short
Paradex HYPE-USD-PERP+0.0090%8h93.827+0.082%$341K$158K20xas long as short
Lighter HYPE+0.0096%1h93.754+0.004%$16.2M$63.2M20xas long as short
Lighter RH HYPE+0.0096%1h93.766+0.017%$3.1M$11.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.7500.000%$78K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.7500.000%$20K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.782+0.035%$6.4M$50.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.846+0.102%$2.05B$683.1M10xas long as short
Aster HYPEUSDT+0.0100%4h93.760+0.011%$8.9M$37.3M300xas long as short
Pacifica HYPE+0.0100%1h93.818+0.073%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.751+0.001%$375.9M$929.2M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.735−0.016%$115.7M$316.6M50xas long as short
Bulk HYPE-USD+0.0100%1h94.213+0.494%$217K$15K10xas long as short
Gate HYPE_USDT+0.0100%4h93.744−0.006%$48.3M$54.8M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.7500.000%$89.0M$83.0M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.759+0.010%$46.3M$18.9M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.817+0.071%$7.2M$10.8M20xas long as short
Variational Omni HYPE+0.0100%8h93.759+0.009%$28.7M$56.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.839+0.095%$7.7M$47.9M10xas long as short
StandX HYPE-USDshort+0.0100%1h93.836+0.092%$680K$2.8M20x
Vest HYPE-PERP+0.0100%1h93.835+0.091%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.784+0.036%$475K$2.8M20xas long as short
Bullet HYPE-USD+0.0100%1h93.804+0.058%$112K$581K20xas long as short
Derive HYPE-PERP+0.0100%1h93.731−0.021%$16.4M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h93.861+0.118%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.752+0.002%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.961+0.225%$1.4M$6.7M75xas long as short
Extended HYPE-USD+0.0104%1h93.728−0.024%$18.3M$43.3M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.755+0.006%$396K$159K20xas long as short
Kalshi KXHYPEPERP+0.0109%8h93.838+0.094%$1.8M$5.6M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0120%1h93.790+0.043%$4.7M$6.1M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.740−0.011%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0271%1h93.738−0.013%$77K$130K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0294%1h93.843+0.099%$7.4M$4.2M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0333% / S −0.0154%1h93.784+0.037%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.752+0.002%$17.0M$12.2M75xas long as short
Kraken Futures PF_HYPEUSD+0.0414%1h93.828+0.084%$20.9M$29.6M50xas long as short
RISEx HYPE/USDC+0.0559%1h93.798+0.051%$3.2M$6.4M20xas long as short