Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: SoDEX against Bulk−0.190%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$210.209% of the position
Funding, last 3 days (all we have)−0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.216%+$22 · spread now −0.190%, 7d avg −0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.147% cheaper against Bulk than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk HYPE-USD | 93.335 | 0.0100 | pay 0.0013% / 1h | 56m 00s | $203K | $10K | 10x |
| Short | SoDEX HYPE-USD | 93.158 | 0.0100 | get 0.0013% / 1h | 56m 00s | $2.0M | $1.9M | 10x |
Bulk HYPE-USD
SoDEX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Bulk. 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: −0.190% → −0.042%
- −$14.73
- Slippage, 4 orders
- −$5.91
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$35.64
- Costs to cover
- 0.209%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 8 min ago; SoDEX: 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 Bulk live order book, 8 min ago | 0.54 bp | 4.0 bp −$4 | 4.8 bp −$48 | 9.8 bp −$983 | 21.5 bp −$10.8K |
| Sell SoDEX live order book, 3 min ago | 0.05 bp | 6.4 bp −$6 | 11.7 bp −$117 | 107.3 bp −$10.7K | doesn't fit |
HYPE on 54 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 | −0.1136% | 1h | 93.001 | −0.357% | $195K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.118 | −0.232% | $1.2M | $3.8M | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0323% | 1h | 93.126 | −0.224% | $79K | $170K | 20x | as long as short |
| Bullet HYPE-USD | −0.0107% | 1h | 93.171 | −0.176% | $111K | $578K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0088% | 1h | 93.260 | −0.080% | $85K | $346K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.220 | −0.123% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0050% | 4h | 93.139 | −0.210% | $155K | $639K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0038% | 8h | 93.176 | −0.170% | $12.6M | $2.7M | 50x | as long as short |
| Aster HYPEUSDT | −0.0012% | 4h | 93.126 | −0.224% | $8.8M | $35.4M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.190 | −0.156% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Bluefin HYPE-PERP
Bullet HYPE-USD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Phemex HYPEUSDT
Aster HYPEUSDT
dYdX HYPE-USDShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.224 | −0.119% | $22K | $321K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.174 | −0.173% | $25K | — | 150x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0006% | 1h | 92.990 | −0.370% | $696K | $905K | 10x | as long as short |
| BingX HYPE-USDT | +0.0008% | 4h | 92.988 | −0.372% | — | $53.2M | — | as long as short |
| Bybit HYPEUSDT | +0.0015% | 8h | 92.981 | −0.379% | $320.2M | $275.9M | 75x | as long as short |
| Aftermath Perps HYPEUSD | +0.0017% | 1h | 93.247 | −0.094% | $22K | $21K | 10x | as long as short |
| Gate HYPE_USDT | +0.0028% | 4h | 93.091 | −0.261% | $44.4M | $54.2M | 75x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.056 | −0.299% | $210K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0076% | 4h | 93.104 | −0.247% | $87.7M | $79.8M | 100x | as long as short |
| Binance HYPEUSDT | +0.0077% | 4h | 93.069 | −0.285% | $378.4M | $873.3M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0077% | 8h | 93.104 | −0.247% | $114.3M | $300.3M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0083% | 4h | 93.256 | −0.085% | $5.0M | $30.1M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.181 | −0.165% | $16.3M | $61.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.175 | −0.171% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.242 | −0.100% | $68K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.301 | −0.036% | $339K | $162K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.240 | −0.102% | $12K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.180 | −0.167% | $5.7M | $43.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.206 | −0.138% | $2.04B | $659.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.206 | −0.138% | $10.0M | $14.6M | 20x | as long as short |
| Bulk HYPE-USDlong | +0.0100% | 1h | 93.335 | long leg | $203K | $10K | 10x | |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.124 | −0.226% | $46.0M | $18.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.091 | −0.261% | $225.2M | $96.8M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.096 | −0.256% | $7.3M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.170 | −0.177% | $31.0M | $54.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.215 | −0.128% | $7.5M | $46.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.222 | −0.121% | $337K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.114 | −0.237% | $664K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.229 | −0.114% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.248 | −0.093% | $474K | $2.4M | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.135 | −0.214% | $16.2M | $7.6M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.272 | −0.067% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USDshort | +0.0100% | 1h | 93.158 | −0.190% | $2.0M | $1.9M | 10x | |
| Extended HYPE-USD | +0.0104% | 1h | 93.070 | −0.284% | $18.3M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.145 | −0.203% | $396K | $170K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.220 | −0.123% | $4.9M | $5.4M | 50x | as long as short |
| HTX HYPE-USDT | +0.0214% | 4h | 93.350 | +0.016% | $1.4M | $5.9M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0256% | 1h | 93.204 | −0.140% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0273% | 8h | 93.333 | −0.002% | $1.9M | $4.8M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.214 | −0.130% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0437% | 1h | 93.255 | −0.086% | $7.4M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.352 | +0.019% | $3.2M | $6.7M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 92.900 | −0.466% | $30K | $338K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0686% | 1h | 93.236 | −0.107% | $20.8M | $29.9M | 50x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Ondo Perps HYPE-USD.P
BingX HYPE-USDT
Bybit HYPEUSDT
Aftermath Perps HYPEUSD
Gate HYPE_USDT
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Derive HYPE-PERP
SunX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD