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 23:00 UTC−0.0064%/8h= −7.1% APRnext payment −$0.08 per $10,000 · paid last 24h −0.010%
Price spread now: StandX against Bluefin+0.016%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$360.358% of the position
Long on BluefinShort on StandX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$12 on $10k
Price spread, last 3 days (all we have)+0.067%+$7 · spread now +0.016%, 7d avg +0.004%
Together, before fees+0.182%+ Points / potential airdropStandX: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.115%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin HYPE-PERP93.1890.0164pay 0.0021% / 1h44m 42s$76K$168K20x
ShortStandX HYPE-USD93.2040.0100get 0.0013% / 1h44m 42s$674K$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Bluefin. 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
−$13.54
Price spread: +0.016% → +0.004%
$1.22
Slippage, 4 orders
−$20.8
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
−$48.12
Costs to cover
0.358%
Break-even
never at this rate
Slippage from Bluefin: live order book, 39 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 Bluefin live order book, 39 min ago1.92 bp13.0 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell StandX live order book, 4 min ago1.29 bp5.3 bp −$55.6 bp −$5614.6 bp −$1,456doesn'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
Aftermath Perps HYPEUSD−0.0341%1h93.173−0.017%$22K$22K10xas long as short
Arcus HYPE-USD−0.0131%1h93.222+0.035%$1.2M$4.0M10xas long as short
Hibachi HYPE/USDT-P−0.0104%1h93.251+0.066%$197K$230K7xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.359+0.182%$3K$33125xas long as short
Ondo Perps HYPE-USD.P−0.0030%1h93.150−0.042%$699K$924K10xas long as short
01 Exchange HYPEUSD−0.0008%1h93.317+0.137%$90K$362K20xas long as short
dYdX HYPE-USD0.0000%1h93.255+0.070%$127K$32K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.433+0.262%$1.9M$5.3M2.3xas long as short
Perpl HYPE0.0000%43m93.344+0.166%$23K$331K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.315+0.135%$20K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex HYPEUSDT+0.0008%1h93.354+0.177%$57K$1.2M50xas long as short
Aster HYPEUSDT+0.0014%4h93.267+0.084%$8.9M$36.0M300xas long as short
Derive HYPE-PERP+0.0016%1h93.160−0.031%$16.3M$7.1M10xas long as short
Bybit HYPEUSDT+0.0031%8h93.223+0.036%$323.8M$287.0M75xas long as short
Phoenix HYPE+0.0034%1h93.278+0.096%$216K$1.2M10xas long as short
Orderly PERP_HYPE_USDC+0.0039%4h93.224+0.038%$171K$521K20xas long as short
Gate HYPE_USDT+0.0070%4h93.243+0.058%$43.7M$57.7M75xas long as short
Lighter HYPE+0.0096%1h93.249+0.064%$18.5M$58.6M20xas long as short
Lighter RH HYPE+0.0096%1h93.236+0.050%$3.1M$12.1M20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.197+0.009%$339K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.250+0.065%$40K$1.6M10xas long as short
Binance HYPEUSDT+0.0100%4h93.240+0.055%$383.2M$892.2M75xas long as short
Nado HYPE-PERP+0.0100%1h93.353+0.177%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.224+0.038%$2.03B$672.0M10xas long as short
Pacifica HYPE+0.0100%1h93.267+0.083%$10.0M$14.3M20xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.244+0.059%$113.9M$314.3M50xas long as short
Bulk HYPE-USD+0.0100%1h92.884−0.327%$203K$10K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.240+0.055%$90.3M$81.6M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.233+0.047%$47.2M$18.9M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.270+0.087%$226.0M$102.7M75xas long as short
BingX HYPE-USDT+0.0100%4h93.244+0.059%—$54.1M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.234+0.048%$7.8M$11.5M20xas long as short
Variational Omni HYPE+0.0100%8h93.236+0.051%$28.9M$50.6M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.215+0.028%$7.5M$45.5M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.225+0.039%$412K$1.0M50xas long as short
StandX HYPE-USDshort+0.0100%1h93.204+0.016%$674K$2.5M20x
Vest HYPE-PERP+0.0100%1h93.362+0.185%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.380+0.205%$494K$2.6M20xas long as short
Bullet HYPE-USD+0.0100%1h93.301+0.120%$112K$579K20xas long as short
SunX HYPE-USDT+0.0100%4h93.399+0.225%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.191+0.002%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.211+0.024%$12.7M$2.6M50xas long as short
Extended HYPE-USD+0.0104%1h93.231+0.045%$18.2M$42.1M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.235+0.050%$397K$318K20xas long as short
edgeX HYPEUSDC+0.0113%4h93.170−0.021%$5.1M$29.6M30xas long as short
Bluefin HYPE-PERPlong+0.0164%1h93.189long leg$76K$168K20x
Coinbase International HYPE-PERP-INTX+0.0176%1h93.390+0.216%$4.9M$5.7M50xas long as short
Injective HYPE/USDC PERP+0.0239%1h93.300+0.119%$30K$338K12xas long as short
Reya HYPERUSDPERP+0.0246%1h93.334+0.155%$78K$158K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0265%1h93.291+0.109%$7.4M$4.6M50xas long as short
HTX HYPE-USDT+0.0280%4h93.358+0.181%$1.5M$7.7M75xas long as short
RISEx HYPE/USDC+0.0280%1h93.316+0.136%$2.8M$6.8M20xas long as short
BloFin HYPE-USDT+0.0340%4h93.188−0.001%$16.9M$12.4M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0340% / S −0.0159%1h93.326+0.147%$1.5M—100xas long as short
Kraken Futures PF_HYPEUSD+0.0465%1h93.322+0.143%$20.8M$28.6M50xas long as short