Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: OKX against Bitget−0.034%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$260.262% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.034%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.033% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HYPEUSDT | 93.282 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $226.7M | $102.6M | 75x |
| Short | OKX HYPE-USDT-SWAP | 93.250 | 0.0100 | get 0.0100% / 8h | 2h 09m | $114.6M | $314.9M | 50x |
Bitget HYPEUSDT
OKX HYPE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $0
- Price spread: −0.034% → −0.001%
- −$3.3
- Slippage, 4 orders
- −$4.23
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$29.53
- Costs to cover
- 0.262%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 9 min ago; OKX: live order book, 4 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 Bitget live order book, 9 min ago | 0.05 bp | 6.5 bp −$7 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.05 bp | 7.5 bp −$7 | 10.0 bp −$100 | 15.8 bp −$1,584 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.0920% | 1h | 93.381 | +0.106% | $197K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0256% | 1h | 93.477 | +0.209% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0236% | 1h | 93.410 | +0.137% | $700K | $932K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.337 | +0.059% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.322 | +0.043% | $90K | $353K | 20x | as long as short |
| Derive HYPE-PERP | −0.0025% | 1h | 93.309 | +0.029% | $16.4M | $7.1M | 10x | as long as short |
| Bullet HYPE-USD | −0.0015% | 1h | 93.304 | +0.024% | $110K | $581K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.383 | +0.108% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.327 | +0.048% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.350 | +0.073% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Derive HYPE-PERP
Bullet HYPE-USD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0010% | 4h | 93.272 | −0.011% | $8.9M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0024% | 4h | 93.270 | −0.013% | $43.9M | $57.7M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0030% | 8h | 93.280 | −0.002% | $324.9M | $287.2M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0040% | 1h | 93.305 | +0.025% | $58K | $1.2M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0055% | 4h | 93.321 | +0.042% | $163K | $539K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.605 | +0.346% | $216K | $1.2M | 10x | as long as short |
| SoDEX HYPE-USD | +0.0096% | 1h | 93.288 | +0.006% | $2.0M | $2.0M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.319 | +0.040% | $18.6M | $59.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.316 | +0.036% | $3.1M | $12.4M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.330 | +0.051% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.350 | +0.073% | $37K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.305 | +0.024% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.367 | +0.091% | $2.03B | $670.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.322 | +0.043% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.276 | −0.006% | $385.1M | $889.8M | 75x | as long as short |
| OKX HYPE-USDT-SWAPshort | +0.0100% | 8h | 93.250 | −0.034% | $114.6M | $314.9M | 50x | |
| Arcus HYPE-USD | +0.0100% | 1h | 93.285 | +0.003% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.285 | +0.003% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.269 | −0.014% | $93.1M | $82.4M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.291 | +0.010% | $46.2M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDTlong | +0.0100% | 4h | 93.282 | long leg | $226.7M | $102.6M | 75x | |
| BingX HYPE-USDT | +0.0100% | 4h | 93.266 | −0.017% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.311 | +0.031% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.263 | −0.021% | $29.1M | $50.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.439 | +0.168% | $7.5M | $45.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.558 | +0.296% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.346 | +0.069% | $675K | $2.5M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.337 | +0.059% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.295 | +0.014% | $75K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.395 | +0.121% | $32K | $1.6M | 20x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.335 | +0.057% | $12.7M | $2.6M | 50x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.343 | +0.065% | — | $454K | 5x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.265 | −0.018% | $18.3M | $41.4M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.322 | +0.043% | $397K | $318K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0108% | 8h | 93.397 | +0.123% | $1.9M | $5.3M | 2.3x | as long as short |
| edgeX HYPEUSDC | +0.0118% | 4h | 93.534 | +0.271% | $5.1M | $29.7M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.390 | +0.116% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.304 | +0.024% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.910 | +0.673% | $31K | $291K | 12x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0286% | 1h | 93.410 | +0.137% | $7.4M | $4.6M | 50x | as long as short |
| HTX HYPE-USDT | +0.0295% | 4h | 93.487 | +0.220% | $1.5M | $7.7M | 75x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.289 | +0.008% | $17.1M | $12.4M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0346% / S −0.0171% | 1h | 93.343 | +0.065% | $1.5M | — | 100x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.365 | +0.089% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0574% | 1h | 93.397 | +0.123% | $19.1M | $26.1M | 50x | as long as short |
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Popdex HYPEUSDT
Orderly PERP_HYPE_USDC
Phoenix HYPE
SoDEX HYPE-USD
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
Arcus HYPE-USD
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
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
Phemex HYPEUSDT
Vest HYPE-PERP
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
HTX HYPE-USDT
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD