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+0.0075%/8h= +8.2% APRpaid last 24h +0.012%
Price spread now: Aevo against Bybit+0.018%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Long on BybitShort on Aevo
What this pair did over the last
the charts below follow
Funding, last 7 days+0.075%+$8 on $10k
Price spread, last 3 days (all we have)−0.045%−$5 · spread now +0.018%, 7d avg +0.029%
Together, before fees+0.030%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HYPEUSDT93.2100.0021pay 0.0021% / 8h1h 18m$322.9M$286.9M75x
ShortAevo HYPE-PERP93.2270.0096get 0.0012% / 1h18m 56s$397K$318K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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
$15.76
Price spread: +0.018% → +0.029%
−$1.06
Slippage, 4 orders
−$16.29
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$28.59
Costs to cover
0.433%
Break-even
19.7 days
Slippage from Bybit: live order book, 5 min ago; Aevo: live order book, 65 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 Bybit live order book, 5 min ago0.54 bp6.2 bp −$68.4 bp −$8418.0 bp −$1,80566.3 bp −$33.1K
Sell Aevo live order book, 65 min ago4.37 bp13.2 bp −$1317.1 bp −$17122.6 bp −$2,259doesn'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−0.0431%1h93.140−0.075%$22K$22K10xas long as short
Hibachi HYPE/USDT-P−0.0336%1h93.216+0.006%$197K$230K7xas long as short
Arcus HYPE-USD−0.0131%1h93.133−0.083%$1.2M$4.0M10xas long as short
Ondo Perps HYPE-USD.P−0.0130%1h93.130−0.086%$699K$928K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.198−0.013%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0032%1h93.259+0.053%$90K$361K20xas long as short
Popdex HYPEUSDT−0.0008%1h93.221+0.012%$58K$1.2M50xas long as short
dYdX HYPE-USD0.0000%1h93.276+0.071%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.227+0.018%$23K$331K10xas long as short
Aster HYPEUSDT+0.0001%4h93.240+0.033%$8.9M$35.9M300xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.266+0.060%$20K—150xas long as short
Bybit HYPEUSDTlong+0.0021%8h93.210long leg$322.9M$286.9M75x
Orderly PERP_HYPE_USDC+0.0021%4h93.242+0.034%$172K$518K20xas long as short
Phoenix HYPE+0.0034%1h93.293+0.089%$214K$1.2M10xas long as short
Bullet HYPE-USD+0.0045%1h93.212+0.002%$112K$579K20xas long as short
Derive HYPE-PERP+0.0047%1h93.185−0.026%$16.3M$7.0M10xas long as short
Gate HYPE_USDT+0.0054%4h93.230+0.021%$43.9M$58.6M75xas long as short
MEXC HYPE_USDT+0.0066%4h93.229+0.020%$90.3M$82.2M100xas long as short
Binance HYPEUSDT+0.0067%4h93.229+0.021%$381.8M$895.5M75xas long as short
edgeX HYPEUSDC+0.0079%4h93.2100.000%$5.1M$29.7M30xas long as short
Lighter HYPE+0.0096%1h93.280+0.075%$18.6M$59.0M20xas long as short
Lighter RH HYPE+0.0096%1h93.259+0.053%$3.1M$12.2M20xas long as short
Aevo HYPE-PERPshort+0.0096%1h93.227+0.018%$397K$318K20x
Paradex HYPE-USD-PERP+0.0099%8h93.203−0.008%$339K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.170−0.043%$35K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.216+0.007%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.258+0.051%$2.03B$669.2M10xas long as short
Pacifica HYPE+0.0100%1h93.208−0.002%$10.0M$14.4M20xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.214+0.004%$113.8M$314.3M50xas long as short
Bulk HYPE-USD+0.0100%1h93.232+0.024%$204K$8K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.245+0.038%$47.0M$18.8M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.231+0.023%$226.0M$103.0M75xas long as short
BingX HYPE-USDT+0.0100%4h93.222+0.013%—$53.9M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.248+0.041%$7.8M$11.0M20xas long as short
Variational Omni HYPE+0.0100%8h93.153−0.061%$29.0M$50.6M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.258+0.051%$7.5M$46.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.262+0.056%$415K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.227+0.018%$674K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.268+0.062%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.253+0.046%$493K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.243+0.035%$76K$167K20xas long as short
SunX HYPE-USDT+0.0100%4h93.2100.000%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.217+0.008%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.216+0.006%$12.7M$2.6M50xas long as short
Extended HYPE-USD+0.0104%1h93.200−0.010%$18.2M$41.9M50xas long as short
Kalshi KXHYPEPERP+0.0113%8h93.238+0.030%$1.9M$5.3M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.220+0.011%$4.9M$5.7M50xas long as short
HTX HYPE-USDT+0.0239%4h93.400+0.204%$1.5M$7.7M75xas long as short
Injective HYPE/USDC PERP+0.0239%1h93.120−0.097%$30K$338K12xas long as short
Reya HYPERUSDPERP+0.0247%1h93.241+0.033%$77K$159K15xas long as short
BloFin HYPE-USDT+0.0268%4h93.242+0.034%$16.8M$12.5M75xas long as short
RISEx HYPE/USDC+0.0280%1h93.247+0.040%$2.7M$6.8M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0165%1h93.259+0.053%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0383%1h93.322+0.120%$7.4M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0465%1h93.331+0.130%$20.9M$29.0M50xas long as short