Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Polymarket Perps against Extended−0.056%49s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$140.137% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now −0.056%, 7d avg −0.020%
=Together, before fees−0.139%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.036% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HYPE-USD | 93.191 | 0.0104 | pay 0.0013% / 1h | 11m 34s | $18.3M | $42.9M | 50x |
| Short | Polymarket Perps HYPE-USD | 93.139 | 0.0100 | get 0.0013% / 1h | 11m 34s | $481K | $2.5M | 20x |
Extended HYPE-USD
Polymarket Perps HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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: −0.056% → −0.020%
- −$3.6
- Slippage, 4 orders
- −$0.67
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$18.1
- Costs to cover
- 0.137%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Polymarket Perps: 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, 3 min ago | 0.05 bp | 2.6 bp −$3 | 4.6 bp −$46 | 23.4 bp −$2,335 | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 0.22 bp | 4.2 bp −$4 | 6.2 bp −$62 | 12.8 bp −$1,282 | 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 | −0.1000% | 1h | 93.101 | −0.097% | $197K | $227K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.117 | −0.079% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0130% | 1h | 93.170 | −0.022% | $698K | $1.0M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.234 | +0.046% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0056% | 1h | 93.262 | +0.076% | $85K | $345K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0050% | 1h | 93.224 | +0.036% | $22K | $21K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0049% | 4h | 93.120 | −0.076% | $155K | $654K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.241 | +0.054% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.132 | −0.063% | $23K | $319K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.151 | −0.042% | $62K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Aftermath Perps HYPEUSD
Orderly PERP_HYPE_USDC
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 | |
|---|---|---|---|---|---|---|---|---|
| Bullet HYPE-USD | +0.0012% | 1h | 93.095 | −0.103% | $111K | $579K | 20x | as long as short |
| Phemex HYPEUSDT | +0.0015% | 8h | 93.131 | −0.064% | $12.6M | $2.7M | 50x | as long as short |
| Aster HYPEUSDT | +0.0018% | 4h | 93.235 | +0.048% | $8.8M | $35.9M | 300x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.156 | −0.037% | $212K | $1.2M | 10x | as long as short |
| BingX HYPE-USDT | +0.0036% | 4h | 93.238 | +0.051% | — | $52.9M | — | as long as short |
| Gate HYPE_USDT | +0.0046% | 4h | 93.227 | +0.039% | $44.5M | $55.5M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0047% | 8h | 93.239 | +0.052% | $320.7M | $277.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0076% | 8h | 93.243 | +0.056% | $113.7M | $299.4M | 50x | as long as short |
| Derive HYPE-PERP | +0.0094% | 1h | 93.100 | −0.097% | $16.1M | $7.5M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.243 | +0.056% | $16.2M | $62.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.248 | +0.061% | $3.1M | $11.7M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.243 | +0.056% | $67K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.280 | +0.095% | $339K | $162K | 20x | as long as short |
| MEXC HYPE_USDT | +0.0098% | 4h | 93.240 | +0.053% | $89.5M | $81.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0098% | 4h | 93.243 | +0.057% | $377.0M | $880.1M | 75x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.230 | +0.042% | $24K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.095 | −0.103% | $5.8M | $43.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.287 | +0.103% | $2.03B | $657.5M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.252 | +0.066% | $10.0M | $14.8M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.263 | +0.078% | $45.9M | $18.2M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.233 | +0.045% | $225.5M | $96.4M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.115 | −0.081% | $7.3M | $10.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.377 | +0.200% | $31.1M | $53.8M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.122 | −0.074% | $7.5M | $46.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.125 | −0.071% | $338K | $998K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.148 | −0.046% | $665K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.139 | −0.055% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USDshort | +0.0100% | 1h | 93.139 | −0.056% | $481K | $2.5M | 20x | |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.107 | −0.090% | $79K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.158 | −0.035% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.125 | −0.071% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.155 | −0.038% | $203K | $10K | 10x | as long as short |
| Extended HYPE-USDlong | +0.0104% | 1h | 93.191 | long leg | $18.3M | $42.9M | 50x | |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.121 | −0.075% | $396K | $162K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0112% | 4h | 93.083 | −0.116% | $5.0M | $28.9M | 30x | as long as short |
| HTX HYPE-USDT | +0.0138% | 4h | 93.247 | +0.060% | $1.4M | $6.0M | 75x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.150 | −0.044% | $4.8M | $5.5M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0259% | 1h | 93.092 | −0.106% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0269% | 8h | 93.154 | −0.039% | $1.9M | $5.2M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0330% / S −0.0156% | 1h | 93.137 | −0.057% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0339% | 4h | 93.088 | −0.110% | $17.0M | $11.5M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0394% | 1h | 93.217 | +0.028% | $7.4M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.338 | +0.158% | $3.2M | $6.3M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.730 | +0.579% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0687% | 1h | 93.182 | −0.010% | $20.7M | $29.8M | 50x | as long as short |
Bullet HYPE-USD
Phemex HYPEUSDT
Aster HYPEUSDT
Phoenix HYPE
BingX HYPE-USDT
Gate HYPE_USDT
Bybit HYPEUSDT
OKX HYPE-USDT-SWAP
Derive HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
MEXC HYPE_USDT
Binance HYPEUSDT
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
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
HTX HYPE-USDT
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD