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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0102%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%
Price spread now: Aevo against gTrade (Gains Network)+0.017%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) HYPE/USD93.226L +0.0002% / S −0.0003%pay 0.0000% / 1h53m 03s$25K150x
ShortAevo HYPE-PERP93.2420.0104get 0.0013% / 1h53m 03s$397K$170K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$21.36
Price spread: +0.017% → 0.000%
$1.7
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$2.94
Costs to cover
0.260%
Break-even
8.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Aevo: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Aevo live order book, 11 min ago3.81 bp14.3 bp −$1415.4 bp −$15417.9 bp −$1,795doesn't fit
gTrade (Gains Network): 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 54 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−0.1144%1h93.036−0.204%$196K$226K7xas long as short
Arcus HYPE-USD−0.0899%1h93.028−0.212%$1.2M$3.8M10xas long as short
Bluefin HYPE-PERP−0.0253%1h93.228+0.002%$79K$170K20xas long as short
ApeX Omni HYPEUSDT−0.0172%1h93.008−0.234%$336K$1.0M50xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.079−0.158%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0064%1h93.194−0.034%$85K$346K20xas long as short
Orderly PERP_HYPE_USDC−0.0050%4h93.203−0.025%$156K$639K20xas long as short
Ondo Perps HYPE-USD.P−0.0031%1h93.000−0.242%$696K$906K10xas long as short
Phemex HYPEUSDT−0.0021%8h93.228+0.002%$12.6M$2.7M50xas long as short
Aster HYPEUSDT−0.0004%4h93.224−0.002%$8.8M$35.3M300xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX HYPE-USD0.0000%1h93.147−0.085%$128K$31K5xas long as short
Perpl HYPE0.0000%43m93.192−0.037%$22K$321K10xas long as short
gTrade (Gains Network) HYPE/USDlongL +0.0002% / S −0.0003%1h93.226long leg$25K150x
Aftermath Perps HYPEUSD+0.0006%1h93.183−0.046%$22K$21K10xas long as short
BingX HYPE-USDT+0.0008%4h93.267+0.044%$53.1Mas long as short
Bybit HYPEUSDT+0.0016%8h93.260+0.036%$321.1M$275.2M75xas long as short
Phoenix HYPE+0.0026%1h93.056−0.182%$210K$1.2M10xas long as short
Gate HYPE_USDT+0.0028%4h93.258+0.034%$44.5M$54.2M75xas long as short
Bullet HYPE-USD+0.0071%1h93.225−0.001%$111K$577K20xas long as short
OKX HYPE-USDT-SWAP+0.0078%8h93.262+0.039%$114.5M$300.7M50xas long as short
MEXC HYPE_USDT+0.0078%4h93.250+0.026%$87.7M$79.9M100xas long as short
Binance HYPEUSDT+0.0080%4h93.261+0.038%$378.8M$872.2M75xas long as short
edgeX HYPEUSDC+0.0081%4h93.009−0.233%$5.0M$29.8M30xas long as short
Lighter HYPE+0.0096%1h93.260+0.036%$16.3M$61.3M20xas long as short
Lighter RH HYPE+0.0096%1h93.245+0.020%$3.1M$11.5M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.168−0.062%$68K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.175−0.054%$338K$162K20xas long as short
Derive HYPE-PERP+0.0099%1h93.221−0.005%$16.2M$7.6M10xas long as short
Katana Perps HYPE-USD+0.0100%8h93.130−0.103%$38K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.128−0.105%$5.7M$43.3M10xas long as short
Hyperliquid HYPE+0.0100%1h93.315+0.095%$2.04B$652.9M10xas long as short
Pacifica HYPE+0.0100%1h93.151−0.080%$10.0M$14.6M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.252+0.028%$46.1M$18.0M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.264+0.041%$225.7M$96.7M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.221−0.005%$7.4M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h93.170−0.060%$31.0M$54.3Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h92.978−0.266%$7.5M$46.3M10xas long as short
StandX HYPE-USD+0.0100%1h93.113−0.121%$664K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.198−0.030%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.190−0.039%$474K$2.4M20xas long as short
SunX HYPE-USDT+0.0100%4h93.266+0.043%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.247+0.023%$2.0M$1.9M10xas long as short
Bulk HYPE-USD+0.0100%1h92.998−0.245%$202K$10K10xas long as short
Extended HYPE-USD+0.0104%1h93.238+0.013%$18.3M$43.5M50xas long as short
Aevo HYPE-PERPshort+0.0104%1h93.242+0.017%$397K$170K20x
Coinbase International HYPE-PERP-INTX+0.0176%1h93.300+0.079%$4.9M$5.4M50xas long as short
HTX HYPE-USDT+0.0215%4h93.400+0.187%$1.4M$5.9M75xas long as short
Reya HYPERUSDPERP+0.0257%1h93.160−0.070%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0273%8h93.237+0.012%$1.9M$4.8M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0156%1h93.221−0.005%$1.4M100xas long as short
RISEx HYPE/USDC+0.0510%1h93.252+0.028%$3.2M$6.7M20xas long as short
Injective HYPE/USDC PERP+0.0519%1h93.010−0.232%$30K$338K12xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0522%1h93.345+0.128%$7.4M$4.4M50xas long as short
Kraken Futures PF_HYPEUSD+0.0686%1h93.300+0.079%$20.8M$29.9M50xas long as short