Funding you earn now, next payment 01:00 UTC−0.0220%/8h= −24.1% APRnext payment −$0.27 per $10,000 · paid last 24h +0.009%
Price spread now: Aftermath Perps against Derive−0.008%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive HYPE-PERP | 93.978 | 0.0017 | pay 0.0002% / 1h | 9m 58s | $16.4M | $7.3M | 10x |
| Short | Aftermath Perps HYPEUSD | 93.970 | −0.0203 | pay 0.0025% / 1h | 9m 58s | $22K | $21K | 10x |
Derive HYPE-PERP
Aftermath Perps HYPEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Derive. 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
- −$46.19
- Price spread: −0.008% → 0.000%
- −$0.85
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$62.04
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Aftermath Perps: no order-book sample. Net counts fees only.
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 Derive no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Derive and Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HYPE on 55 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 | −0.1184% | 1h | 93.935 | −0.046% | $199K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 93.925 | −0.057% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSDshort | −0.0203% | 1h | 93.970 | −0.008% | $22K | $21K | 10x | |
| Phemex HYPEUSDT | −0.0107% | 8h | 93.975 | −0.004% | $12.8M | $2.6M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0102% | 1h | 93.870 | −0.115% | $710K | $959K | 10x | as long as short |
| dYdX HYPE-USD | −0.0091% | 1h | 94.078 | +0.106% | $129K | $31K | 5x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 94.058 | +0.085% | $86K | $359K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.046 | +0.072% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0049% | 1h | 94.042 | +0.067% | $113K | $581K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0028% | 4h | 94.005 | +0.028% | $160K | $643K | 20x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Phemex HYPEUSDT
Ondo Perps HYPE-USD.P
dYdX HYPE-USD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPE_USDT | −0.0016% | 4h | 94.016 | +0.040% | $44.5M | $60.3M | 75x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.054 | +0.080% | $23K | $327K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 94.059 | +0.086% | $26K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0008% | 4h | 93.993 | +0.016% | $8.9M | $36.1M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0010% | 8h | 94.017 | +0.041% | $323.6M | $279.7M | 75x | as long as short |
| Derive HYPE-PERPlong | +0.0017% | 1h | 93.978 | long leg | $16.4M | $7.3M | 10x | |
| Phoenix HYPE | +0.0034% | 1h | 94.071 | +0.099% | $218K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0050% | 4h | 94.028 | +0.053% | $88.5M | $83.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0053% | 4h | 94.044 | +0.070% | $383.9M | $894.3M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0058% | 4h | 93.999 | +0.022% | $5.1M | $30.1M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0074% | 8h | 94.031 | +0.056% | $116.2M | $315.6M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.040 | +0.066% | $19.0M | $60.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.008 | +0.032% | $3.0M | $12.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.054 | +0.081% | $65K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 94.023 | +0.048% | $400K | $180K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 94.073 | +0.100% | $342K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.050 | +0.076% | $29K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.013 | +0.037% | $6.6M | $44.6M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.050 | +0.076% | $2.05B | $676.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.080 | +0.109% | $10.2M | $14.6M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.528 | −0.479% | $204K | $12K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.042 | +0.068% | $46.7M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 94.041 | +0.067% | $227.7M | $100.3M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.029 | +0.054% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.984 | +0.006% | $7.9M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.920 | −0.063% | $31.4M | $53.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.053 | +0.079% | $7.6M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.061 | +0.088% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.959 | −0.021% | $671K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.062 | +0.089% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.073 | +0.101% | $475K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 94.014 | +0.038% | $76K | $170K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.102 | +0.132% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.980 | +0.002% | $2.0M | $2.0M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.004 | +0.027% | $18.4M | $45.2M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 94.080 | +0.108% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.490 | +0.544% | $31K | $338K | 12x | as long as short |
| BloFin HYPE-USDT | +0.0208% | 4h | 93.959 | −0.021% | $17.0M | $12.1M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 94.085 | +0.113% | $2.7M | $6.7M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0238% | 8h | 94.124 | +0.155% | $1.9M | $5.1M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0252% | 1h | 94.043 | +0.069% | $79K | $143K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0335% / S −0.0158% | 1h | 94.058 | +0.085% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0372% | 4h | 94.230 | +0.268% | $1.5M | $5.9M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0431% | 1h | 94.085 | +0.114% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0671% | 1h | 94.047 | +0.073% | $21.0M | $29.8M | 50x | as long as short |
Gate HYPE_USDT
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
BloFin HYPE-USDT
RISEx HYPE/USDC
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD