Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.062%
Price spread now: Arcus against Extended+0.022%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$120.120% of the position
Funding, last 3 days (all we have)−0.076%−$8 on $10k
+Price spread, last 7 days−0.004%$0 · spread now +0.022%, 7d avg +0.013%
=Together, before fees−0.080%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HYPE-USD | 93.316 | 0.0104 | pay 0.0013% / 1h | 11m 54s | $18.3M | $41.4M | 50x |
| Short | Arcus HYPE-USD | 93.337 | 0.0100 | get 0.0013% / 1h | 11m 54s | $1.2M | $4.0M | 10x |
Extended HYPE-USD
Arcus HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Extended. 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
- −$0.84
- Price spread: +0.022% → +0.013%
- $0.98
- Slippage, 4 orders
- −$2.47
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$11.83
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Arcus: live order book, 2 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 Extended live order book, 2 min ago | 0.05 bp | 2.6 bp −$3 | 4.1 bp −$41 | 23.1 bp −$2,312 | doesn't fit |
| Sell Arcus live order book, 2 min ago | 0.64 bp | 3.3 bp −$3 | 9.2 bp −$92 | 28.4 bp −$2,836 | doesn't fit |
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 | −0.0928% | 1h | 93.452 | +0.146% | $197K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0263% | 1h | 93.583 | +0.285% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0234% | 1h | 93.410 | +0.101% | $702K | $932K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.359 | +0.046% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.364 | +0.051% | $90K | $348K | 20x | as long as short |
| Derive HYPE-PERP | −0.0025% | 1h | 93.309 | −0.008% | $16.4M | $7.1M | 10x | as long as short |
| Bullet HYPE-USD | −0.0019% | 1h | 93.364 | +0.052% | $111K | $581K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.459 | +0.153% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.395 | +0.084% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.391 | +0.081% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Derive HYPE-PERP
Bullet HYPE-USD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0015% | 4h | 93.332 | +0.017% | $8.9M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0024% | 4h | 93.327 | +0.012% | $43.9M | $57.6M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0033% | 8h | 93.330 | +0.015% | $325.1M | $287.0M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0040% | 1h | 93.347 | +0.033% | $58K | $1.2M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0057% | 4h | 93.357 | +0.044% | $162K | $541K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.605 | +0.310% | $216K | $1.2M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.376 | +0.065% | $18.6M | $59.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.367 | +0.055% | $3.1M | $12.4M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.377 | +0.065% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.380 | +0.068% | $37K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.345 | +0.031% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.447 | +0.140% | $2.04B | $670.8M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.376 | +0.064% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.322 | +0.006% | $385.3M | $889.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.325 | +0.010% | $114.6M | $315.1M | 50x | as long as short |
| Arcus HYPE-USDshort | +0.0100% | 1h | 93.337 | +0.022% | $1.2M | $4.0M | 10x | |
| Bulk HYPE-USD | +0.0100% | 1h | 93.690 | +0.400% | $205K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.333 | +0.018% | $93.4M | $82.4M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.334 | +0.019% | $46.3M | $18.7M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.341 | +0.027% | $226.8M | $102.5M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.334 | +0.019% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.378 | +0.066% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.561 | +0.262% | $29.2M | $50.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.632 | +0.339% | $7.5M | $45.3M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.558 | +0.259% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.510 | +0.208% | $676K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.415 | +0.106% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.406 | +0.096% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.346 | +0.032% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.409 | +0.100% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.328 | +0.013% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.380 | +0.068% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USDlong | +0.0104% | 1h | 93.316 | long leg | $18.3M | $41.4M | 50x | |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.402 | +0.092% | $397K | $318K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0112% | 8h | 93.442 | +0.135% | $1.9M | $5.3M | 2.3x | as long as short |
| edgeX HYPEUSDC | +0.0118% | 4h | 93.534 | +0.234% | $5.1M | $29.7M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.430 | +0.122% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.348 | +0.034% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.400 | +0.090% | $30K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0296% | 4h | 93.550 | +0.251% | $1.5M | $7.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0328% | 1h | 93.457 | +0.151% | $7.4M | $4.6M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.405 | +0.095% | $17.1M | $12.4M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0346% / S −0.0171% | 1h | 93.401 | +0.091% | $1.5M | — | 100x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.422 | +0.113% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0574% | 1h | 93.449 | +0.143% | $19.1M | $26.1M | 50x | as long as short |
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Popdex HYPEUSDT
Orderly PERP_HYPE_USDC
Phoenix HYPE
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
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
Phemex HYPEUSDT
Aevo HYPE-PERP
Kalshi KXHYPEPERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD