Funding you earn now, next payment 03:00 UTC−0.0263%/8h= −28.8% APRpaid last 24h +0.004%
Price spread now: ApeX Omni against edgeX+0.049%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.049%, 7d avg −0.002%
=Together, before fees−0.062%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.051% dearer against edgeX than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of −0.002%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.002% in total) that is about 6 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX HYPEUSDC | 92.963 | 0.0091 | pay 0.0045% / 4h | 1h 54m | $5.0M | $29.7M | 30x |
| Short | ApeX Omni HYPEUSDT | 93.008 | −0.0172 | pay 0.0022% / 1h | 54m 09s | $336K | $1.0M | 50x |
edgeX HYPEUSDC
ApeX Omni HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against edgeX. 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
- −$55.2
- Price spread: +0.049% → −0.002%
- $5.08
- Slippage, 4 orders
- −$9.67
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$78.8
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 5 min ago; ApeX Omni: live order book, 5 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 edgeX live order book, 5 min ago | 0.32 bp | 4.8 bp −$5 | 5.1 bp −$51 | 118.9 bp −$11.9K | doesn't fit |
| Sell ApeX Omni live order book, 5 min ago | 3.55 bp | 8.5 bp −$9 | 12.2 bp −$122 | doesn't fit | 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 | −0.1144% | 1h | 93.108 | +0.156% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 92.973 | +0.011% | $1.2M | $3.8M | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0295% | 1h | 93.150 | +0.202% | $79K | $170K | 20x | as long as short |
| ApeX Omni HYPEUSDTshort | −0.0172% | 1h | 93.008 | +0.049% | $336K | $1.0M | 50x | |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.092 | +0.139% | $84K | $346K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.079 | +0.125% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0051% | 4h | 93.167 | +0.220% | $156K | $639K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0018% | 1h | 93.000 | +0.040% | $696K | $906K | 10x | as long as short |
| Phemex HYPEUSDT | −0.0014% | 8h | 93.165 | +0.218% | $12.6M | $2.7M | 50x | as long as short |
| Aster HYPEUSDT | −0.0009% | 4h | 93.112 | +0.161% | $8.8M | $35.4M | 300x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Bluefin HYPE-PERP
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Ondo Perps HYPE-USD.P
Phemex HYPEUSDT
Aster HYPEUSDTShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX HYPE-USD | 0.0000% | 1h | 93.063 | +0.108% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.112 | +0.160% | $22K | $321K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.147 | +0.198% | $25K | — | 150x | as long as short |
| Bullet HYPE-USD | +0.0008% | 1h | 93.119 | +0.168% | $111K | $578K | 20x | as long as short |
| BingX HYPE-USDT | +0.0008% | 4h | 93.141 | +0.192% | — | $53.2M | — | as long as short |
| Aftermath Perps HYPEUSD | +0.0014% | 1h | 93.181 | +0.234% | $22K | $21K | 10x | as long as short |
| Bybit HYPEUSDT | +0.0017% | 8h | 93.130 | +0.180% | $320.7M | $275.4M | 75x | as long as short |
| Gate HYPE_USDT | +0.0028% | 4h | 93.134 | +0.184% | $44.4M | $54.2M | 75x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.056 | +0.100% | $210K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0076% | 4h | 93.178 | +0.232% | $87.6M | $79.9M | 100x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0077% | 8h | 93.129 | +0.179% | $114.3M | $300.3M | 50x | as long as short |
| Binance HYPEUSDT | +0.0078% | 4h | 93.170 | +0.223% | $378.9M | $872.9M | 75x | as long as short |
| edgeX HYPEUSDClong | +0.0091% | 4h | 92.963 | long leg | $5.0M | $29.7M | 30x | |
| Lighter HYPE | +0.0096% | 1h | 93.195 | +0.250% | $16.3M | $61.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.162 | +0.214% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.091 | +0.138% | $68K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.117 | +0.166% | $338K | $162K | 20x | as long as short |
| Derive HYPE-PERP | +0.0099% | 1h | 93.140 | +0.191% | $16.2M | $7.6M | 10x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.060 | +0.105% | $38K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.088 | +0.135% | $5.7M | $43.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.205 | +0.261% | $2.04B | $652.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.093 | +0.140% | $10.0M | $14.6M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.165 | +0.218% | $46.0M | $18.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.128 | +0.178% | $225.3M | $96.8M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.112 | +0.161% | $7.3M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.170 | +0.223% | $31.0M | $54.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.978 | +0.017% | $7.5M | $46.3M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.240 | +0.298% | $665K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.124 | +0.173% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.108 | +0.156% | $473K | $2.4M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.191 | +0.246% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.181 | +0.235% | $2.0M | $1.9M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.998 | +0.038% | $202K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.150 | +0.202% | $18.3M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.177 | +0.231% | $396K | $170K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.070 | +0.115% | $4.9M | $5.4M | 50x | as long as short |
| HTX HYPE-USDT | +0.0215% | 4h | 93.300 | +0.363% | $1.4M | $5.9M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0257% | 1h | 93.086 | +0.132% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0273% | 8h | 93.140 | +0.191% | $1.9M | $4.8M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.121 | +0.170% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0437% | 1h | 93.264 | +0.324% | $7.4M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.189 | +0.244% | $3.2M | $6.7M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 92.930 | −0.035% | $30K | $338K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0686% | 1h | 93.247 | +0.306% | $20.7M | $29.9M | 50x | as long as short |
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bullet HYPE-USD
BingX HYPE-USDT
Aftermath Perps HYPEUSD
Bybit HYPEUSDT
Gate HYPE_USDT
Phoenix HYPE
MEXC HYPE_USDT
OKX HYPE-USDT-SWAP
Binance HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Derive HYPE-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
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
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