Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h +0.013%
Price spread now: StandX against Bitget+0.191%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Long on BitgetShort on StandX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 7 days−0.199%−$20 · spread now +0.191%, 7d avg +0.011%
Together, before fees−0.116%+ Points / potential airdropStandX: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.181% dearer against Bitget than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget HYPEUSDT93.1630.0100pay 0.0050% / 4h5m 57s$225.5M$102.9M75x
ShortStandX HYPE-USD93.3410.0100get 0.0013% / 1h5m 57s$675K$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Bitget. 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
$0
Price spread: +0.191% → +0.011%
$18.06
Slippage, 4 orders
−$6.75
Fee Bitget: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
−$8.69
Costs to cover
0.268%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; StandX: live order book, 2 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 Bitget live order book, 3 min ago0.05 bp8.1 bp −$811.1 bp −$111doesn't fitdoesn't fit
Sell StandX live order book, 2 min ago1.34 bp5.3 bp −$55.4 bp −$5411.5 bp −$1,146doesn'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−0.1072%1h93.242+0.085%$196K$244K7xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.269+0.114%$3K$33125xas long as short
Injective HYPE/USDC PERP−0.0004%1h93.620+0.491%$30K$177K12xas long as short
dYdX HYPE-USD0.0000%1h93.249+0.092%$127K$33K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.334+0.184%$2.0M$5.3M2.3xas long as short
Perpl HYPE0.0000%43m93.204+0.044%$24K$372K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0005%1h93.195+0.034%$44K—150xas long as short
Aftermath Perps HYPEUSD+0.0008%1h93.332+0.182%$22K$22K10xas long as short
Aster HYPEUSDT+0.0021%4h93.145−0.019%$8.9M$36.2M300xas long as short
01 Exchange HYPEUSD+0.0048%1h93.201+0.041%$90K$323K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HYPE_USDT+0.0072%4h93.156−0.008%$44.1M$56.1M75xas long as short
Arcus HYPE-USD+0.0082%1h93.160−0.003%$1.2M$4.0M10xas long as short
Bybit HYPEUSDT+0.0083%8h93.141−0.024%$324.6M$286.7M75xas long as short
Lighter HYPE+0.0096%1h93.227+0.068%$18.7M$58.3M20xas long as short
Lighter RH HYPE+0.0096%1h93.195+0.034%$3.1M$12.5M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.195+0.034%$55K$1.3M50xas long as short
Ondo Perps HYPE-USD.P+0.0097%1h93.320+0.169%$700K$945K10xas long as short
Orderly PERP_HYPE_USDC+0.0097%4h93.164+0.001%$181K$505K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.230+0.072%$21K$1.8M10xas long as short
Nado HYPE-PERP+0.0100%1h93.190+0.030%$6.3M$43.6M10xas long as short
Pacifica HYPE+0.0100%1h93.207+0.047%$10.0M$14.3M20xas long as short
Binance HYPEUSDT+0.0100%4h93.160−0.003%$389.7M$870.1M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.140−0.025%$114.5M$313.1M50xas long as short
Bulk HYPE-USD+0.0100%1h93.380+0.233%$205K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.174+0.012%$91.4M$83.4M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.196+0.035%$46.4M$19.6M75xas long as short
Bitget HYPEUSDTlong+0.0100%4h93.163long leg$225.5M$102.9M75x
BingX HYPE-USDT+0.0100%4h93.148−0.016%—$54.7M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.208+0.048%$8.0M$11.5M20xas long as short
Variational Omni HYPE+0.0100%8h93.355+0.206%$29.1M$49.0M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.383+0.236%$7.5M$46.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.365+0.217%$457K$943K50xas long as short
StandX HYPE-USDshort+0.0100%1h93.341+0.191%$675K$2.3M20x
Vest HYPE-PERP+0.0100%1h93.256+0.100%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.215+0.056%$460K$2.6M20xas long as short
Bullet HYPE-USD+0.0100%1h93.189+0.028%$112K$573K20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.172+0.010%$76K$171K20xas long as short
Derive HYPE-PERP+0.0100%1h93.145−0.019%$16.3M$7.0M10xas long as short
SunX HYPE-USDT+0.0100%4h93.193+0.032%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.161−0.002%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.198+0.038%$12.6M$2.5M50xas long as short
Paradex HYPE-USD-PERP+0.0101%8h93.222+0.063%$341K$172K20xas long as short
edgeX HYPEUSDC+0.0104%4h93.353+0.204%$5.1M$28.9M30xas long as short
Extended HYPE-USD+0.0104%1h93.154−0.010%$18.1M$40.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.187+0.026%$396K$320K20xas long as short
Kraken Futures PF_HYPEUSD+0.0151%1h93.228+0.070%$16.2M$20.9M50xas long as short
Phoenix HYPE+0.0172%1h93.411+0.266%$208K$954K10xas long as short
Hyperliquid HYPE+0.0188%1h93.248+0.091%$2.02B$660.8M10xas long as short
Coinbase International HYPE-PERP-INTX+0.0200%1h93.310+0.158%$4.9M$5.5M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0222%1h93.260+0.104%$7.4M$4.6M50xas long as short
Reya HYPERUSDPERP+0.0242%1h93.189+0.028%$77K$157K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0165%1h93.186+0.025%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.249+0.092%$17.4M$12.3M75xas long as short
HTX HYPE-USDT+0.0406%4h93.380+0.233%$1.5M$7.5M75xas long as short
RISEx HYPE/USDC+0.0516%1h93.256+0.100%$2.7M$6.4M20xas long as short