HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0341%/8h= −37.3% APRnext payment −$1.70 per $10,000 · paid last 24h −0.076%

Price spread now: Aster against BloFin−0.023%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$240.243% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.519%−$52 on $10k

Price spread, last 4 days (all we have)+0.226%+$23 · spread now −0.023%, 7d avg −0.013%

Together, before fees−0.292%+ Points / potential airdropAster: Stage 5 · farm board−$29 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin HYPE-USDT	94.975	0.0340	pay 0.0170% / 4h	2h 19m	$17.3M	$11.8M	75x
Short	Aster HYPEUSDT	94.953	−0.0001	pay 0.0000% / 4h	2h 19m	$9.0M	$34.3M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee AsterbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$71.53
Price spread: −0.023% → −0.013%: −$0.99
Slippage, 4 orders: −$4.33
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$96.85
Costs to cover: 0.243%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Aster: live order book, 3 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 BloFin live order book, 3 min ago	0.42 bp	8.0 bp −$8	10.0 bp −$100	15.9 bp −$1,594	doesn't fit
Sell Aster live order book, 3 min ago	0.05 bp	5.6 bp −$6	6.0 bp −$60	19.6 bp −$1,959	doesn't fit

HYPE on 54 exchanges

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	−0.1408%	1h	94.803	−0.181%	$211K	$262K	7x	as long as short
Bluefin HYPE-PERP	−0.0570%	1h	95.002	+0.028%	$79K	$139K	20x	as long as short
Kraken Futures PF_HYPEUSD	−0.0376%	1h	94.984	+0.009%	$18.6M	$35.5M	50x	as long as short
Bullet HYPE-USD	−0.0344%	1h	94.970	−0.005%	$113K	$581K	20x	as long as short
Ondo Perps HYPE-USD.P	−0.0250%	1h	94.960	−0.016%	$691K	$1.3M	10x	as long as short
Phemex HYPEUSDT	−0.0182%	8h	94.939	−0.038%	$13.0M	$2.8M	50x	as long as short
Arcus HYPE-USD	−0.0159%	1h	94.887	−0.093%	$1.1M	$2.6M	10x	as long as short
01 Exchange HYPEUSD	−0.0152%	1h	95.001	+0.027%	$92K	$349K	20x	as long as short
Aftermath Perps HYPEUSD	−0.0147%	1h	94.960	−0.015%	$22K	$17K	10x	as long as short
Vest HYPE-PERP	−0.0090%	1h	95.010	+0.037%	—	$80K	5x	as long as short

Show all 54 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff HYPE-PERP	−0.0080%	1h	94.882	−0.098%	$3K	$331	25x	as long as short
Gate HYPE_USDT	−0.0072%	4h	94.980	+0.005%	$54.2M	$54.6M	75x	as long as short
Coinbase International HYPE-PERP-INTX	−0.0024%	1h	94.990	+0.016%	$4.7M	$5.6M	50x	as long as short
Orderly PERP_HYPE_USDC	−0.0023%	4h	94.942	−0.035%	$147K	$646K	20x	as long as short
SoDEX HYPE-USD	−0.0011%	1h	94.979	+0.004%	$2.1M	$378K	10x	as long as short
Aster HYPEUSDTshort	−0.0001%	4h	94.953	−0.023%	$9.0M	$34.3M	300x
dYdX HYPE-USD	0.0000%	1h	94.928	−0.049%	$130K	$92K	5x	as long as short
Perpl HYPE	0.0000%	43m	94.955	−0.021%	$23K	$263K	10x	as long as short
OKX HYPE-USDT-SWAP	+0.0001%	8h	94.964	−0.012%	$118.8M	$312.5M	50x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	94.990	+0.016%	$99K	—	150x	as long as short
BingX HYPE-USDT	+0.0002%	4h	94.971	−0.004%	—	$49.3M	—	as long as short
Phoenix HYPE	+0.0017%	1h	94.881	−0.099%	$200K	$1.0M	10x	as long as short
Bulk HYPE-USD	+0.0031%	1h	95.069	+0.099%	$231K	$12K	10x	as long as short
Bybit HYPEUSDT	+0.0033%	8h	94.990	+0.016%	$320.2M	$272.8M	75x	as long as short
Bitget HYPEUSDT	+0.0034%	4h	94.977	+0.002%	$228.2M	$89.7M	75x	as long as short
Lighter HYPE	+0.0040%	1h	94.977	+0.002%	$16.2M	$61.1M	20x	as long as short
Paradex HYPE-USD-PERP	+0.0061%	8h	94.902	−0.077%	$339K	$36K	20x	as long as short
Polymarket Perps HYPE-USD	+0.0088%	1h	94.997	+0.023%	$499K	$2.5M	20x	as long as short
edgeX HYPEUSDC	+0.0093%	4h	94.934	−0.044%	$5.0M	$29.9M	30x	as long as short
Lighter RH HYPE	+0.0096%	1h	94.989	+0.015%	$3.2M	$10.0M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	94.979	+0.004%	$270K	$1.1M	50x	as long as short
Katana Perps HYPE-USD	+0.0099%	8h	94.920	−0.058%	$39K	$1.5M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	94.892	−0.087%	$7.3M	$53.2M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	95.089	+0.120%	$2.11B	$656.7M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	94.917	−0.061%	$10.2M	$13.6M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	94.973	−0.002%	$381.6M	$877.5M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	94.975	0.000%	$89.2M	$87.6M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	94.983	+0.008%	$47.2M	$17.9M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	95.058	+0.087%	$7.8M	$10.2M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	94.906	−0.073%	$29.8M	$54.5M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	94.825	−0.158%	$7.7M	$41.2M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	94.974	−0.001%	$348K	$965K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	94.957	−0.019%	$691K	$2.7M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	94.947	−0.029%	$33K	$1.4M	20x	as long as short
HTX HYPE-USDT	+0.0100%	4h	95.103	+0.135%	$1.4M	$6.4M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	94.950	−0.027%	$18.2M	$40.9M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	94.936	−0.042%	$401K	$130K	20x	as long as short
Kalshi KXHYPEPERP	+0.0107%	8h	95.010	+0.037%	$1.8M	$5.2M	2.3x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0118%	1h	95.074	+0.104%	$7.5M	$4.3M	50x	as long as short
RISEx HYPE/USDC	+0.0166%	1h	94.939	−0.037%	$3.2M	$5.9M	20x	as long as short
Reya HYPERUSDPERP	+0.0270%	1h	94.884	−0.096%	$85K	$99K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0330% / S −0.0155%	1h	95.011	+0.038%	$1.4M	—	100x	as long as short
BloFin HYPE-USDTlong	+0.0340%	4h	94.975	long leg	$17.3M	$11.8M	75x
Injective HYPE/USDC PERP	+0.0850%	1h	95.480	+0.532%	$31K	$335K	12x	as long as short