Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 01:00 UTC−0.0089%/8h= −9.7% APRpaid last 24h −0.015%
Price spread now: Aster against Extended+0.058%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$150.146% of the position
Long on ExtendedShort on Aster
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 7 days−0.064%−$6 · spread now +0.058%, 7d avg +0.019%
Together, before fees−0.125%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.039% dearer against Extended than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of +0.019%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.061% in total) that is about 4.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended HYPE-USD93.9000.0104pay 0.0013% / 1h57m 35s$18.4M$42.6M50x
ShortAster HYPEUSDT93.9550.0015get 0.0008% / 4h3h 57m$8.9M$36.1M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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
−$18.68
Price spread: +0.058% → +0.019%
$3.95
Slippage, 4 orders
−$1.57
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$29.31
Costs to cover
0.146%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Aster: live order book, 1 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 Extended live order book, 2 min ago0.05 bp2.6 bp −$35.4 bp −$5426.0 bp −$2,604doesn't fit
Sell Aster live order book, 1 min ago0.48 bp5.0 bp −$55.5 bp −$5511.1 bp −$1,114doesn'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
Hibachi HYPE/USDT-P−0.1416%1h93.956+0.060%$199K$229K7xas long as short
Arcus HYPE-USD−0.0625%1h93.810−0.096%$1.2M$3.8M10xas long as short
dYdX HYPE-USD−0.0358%1h93.996+0.102%$128K$30K5xas long as short
Aftermath Perps HYPEUSD−0.0330%1h93.987+0.092%$22K$22K10xas long as short
Bybit HYPEUSDT−0.0206%8h93.880−0.022%$323.0M$283.8M75xas long as short
01 Exchange HYPEUSD−0.0128%1h93.906+0.006%$86K$367K20xas long as short
Ondo Perps HYPE-USD.P−0.0118%1h93.920+0.021%$705K$923K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.930+0.032%$3K$33125xas long as short
Derive HYPE-PERP−0.0017%1h93.918+0.019%$16.4M$7.2M10xas long as short
Orderly PERP_HYPE_USDC−0.0008%4h93.966+0.070%$169K$594K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.955+0.059%$23K$329K10xas long as short
Bullet HYPE-USD+0.0001%1h93.982+0.087%$112K$579K20xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h94.014+0.121%$27K—150xas long as short
Phoenix HYPE+0.0009%1h94.114+0.228%$218K$1.2M10xas long as short
Aster HYPEUSDTshort+0.0015%4h93.955+0.058%$8.9M$36.1M300x
Popdex HYPEUSDT+0.0024%1h93.905+0.005%$60K$1.2M50xas long as short
MEXC HYPE_USDT+0.0042%4h93.925+0.026%$88.0M$81.8M100xas long as short
Binance HYPEUSDT+0.0044%4h93.929+0.030%$383.7M$898.9M75xas long as short
edgeX HYPEUSDC+0.0054%4h93.988+0.093%$5.1M$29.7M30xas long as short
Phemex HYPEUSDT+0.0056%8h94.006+0.113%$12.8M$2.6M50xas long as short
Gate HYPE_USDT+0.0076%4h93.920+0.021%$44.6M$58.4M75xas long as short
OKX HYPE-USDT-SWAP+0.0086%8h93.919+0.020%$115.9M$322.2M50xas long as short
Lighter HYPE+0.0096%1h93.997+0.103%$18.9M$58.2M20xas long as short
Lighter RH HYPE+0.0096%1h93.958+0.061%$3.1M$12.0M20xas long as short
Aevo HYPE-PERP+0.0096%1h94.019+0.126%$400K$206K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.965+0.069%$341K$171K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.940+0.042%$42K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.909+0.010%$6.6M$44.9M10xas long as short
Hyperliquid HYPE+0.0100%1h94.063+0.173%$2.05B$680.5M10xas long as short
Pacifica HYPE+0.0100%1h93.963+0.066%$10.1M$14.6M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.946+0.049%$46.5M$18.5M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.939+0.041%$227.6M$101.9M75xas long as short
BingX HYPE-USDT+0.0100%4h93.911+0.011%—$54.0M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h94.007+0.114%$7.7M$10.5M20xas long as short
Variational Omni HYPE+0.0100%8h93.972+0.077%$31.4M$54.2M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.052+0.161%$7.6M$45.4M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.033+0.141%$340K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.964+0.068%$679K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.959+0.063%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.990+0.095%$472K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.981+0.086%$76K$171K20xas long as short
SunX HYPE-USDT+0.0100%4h94.035+0.143%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.968+0.072%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.944+0.046%$205K$6K10xas long as short
Extended HYPE-USDlong+0.0104%1h93.900long leg$18.4M$42.6M50x
Coinbase International HYPE-PERP-INTX+0.0144%1h93.960+0.064%$4.9M$5.7M50xas long as short
Kalshi KXHYPEPERP+0.0163%8h93.993+0.099%$1.9M$5.0M2.3xas long as short
BloFin HYPE-USDT+0.0188%4h93.972+0.076%$17.0M$12.6M75xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.990+0.095%$31K$338K12xas long as short
RISEx HYPE/USDC+0.0222%1h93.962+0.066%$2.8M$6.9M20xas long as short
HTX HYPE-USDT+0.0228%4h94.085+0.197%$1.5M$7.8M75xas long as short
Reya HYPERUSDPERP+0.0250%1h93.957+0.060%$77K$142K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0157%1h94.011+0.118%$1.5M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0377%1h94.083+0.195%$7.5M$4.7M50xas long as short
Kraken Futures PF_HYPEUSD+0.0671%1h94.070+0.181%$21.0M$29.5M50xas long as short