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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0236%/8h= −25.9% APRnext payment $0.30 per $10,000 · paid last 24h +0.005%
Price spread now: Aftermath Perps against gTrade (Gains Network)−0.101%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aftermath Perps is 0.101% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) HYPE/USD92.782L +0.0002% / S −0.0002%pay 0.0000% / 1h20m 06s$62K150x
ShortAftermath Perps HYPEUSD92.688−0.0234pay 0.0029% / 1h20m 06s$22K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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
−$49.58
Price spread: −0.101% → 0.000%
−$10.09
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$78.67
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Aftermath Perps: no order-book sample. 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 Aftermath Perps no order-book sample
gTrade (Gains Network) and Aftermath Perps: 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 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
Arcus HYPE-USD−0.0948%1h92.714−0.073%$1.1M$3.9M10xas long as short
Hibachi HYPE/USDT-P−0.0240%1h92.701−0.087%$194K$229K7xas long as short
Aftermath Perps HYPEUSDshort−0.0234%1h92.688−0.101%$22K$21K10x
Hotstuff HYPE-PERP−0.0080%1h92.779−0.003%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0063%4h92.738−0.047%$157K$666K20xas long as short
01 Exchange HYPEUSD−0.0024%1h92.797+0.016%$86K$361K20xas long as short
dYdX HYPE-USD0.0000%1h92.770−0.012%$127K$31K5xas long as short
Perpl HYPE0.0000%43m92.763−0.020%$22K$304K10xas long as short
gTrade (Gains Network) HYPE/USDlongL +0.0002% / S −0.0002%1h92.782long leg$62K150x
Phemex HYPEUSDT+0.0018%8h92.717−0.070%$12.5M$2.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet HYPE-USD+0.0031%1h92.761−0.023%$111K$579K20xas long as short
Ondo Perps HYPE-USD.P+0.0038%1h92.690−0.099%$697K$1.1M10xas long as short
BingX HYPE-USDT+0.0040%4h92.759−0.025%$53.4Mas long as short
Aster HYPEUSDT+0.0042%4h92.768−0.015%$8.7M$36.2M300xas long as short
Phoenix HYPE+0.0043%1h92.652−0.140%$210K$1.2M10xas long as short
Bybit HYPEUSDT+0.0049%8h92.733−0.053%$316.7M$281.8M75xas long as short
OKX HYPE-USDT-SWAP+0.0088%8h92.748−0.037%$113.7M$304.1M50xas long as short
Gate HYPE_USDT+0.0090%4h92.755−0.029%$44.5M$55.3M75xas long as short
Paradex HYPE-USD-PERP+0.0094%8h92.811+0.031%$339K$163K20xas long as short
Lighter HYPE+0.0096%1h92.787+0.005%$16.0M$62.6M20xas long as short
Lighter RH HYPE+0.0096%1h92.785+0.003%$3.1M$11.7M20xas long as short
Popdex HYPEUSDT+0.0096%1h92.762−0.022%$69K$1.1M50xas long as short
Katana Perps HYPE-USD+0.0099%8h92.740−0.045%$38K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h92.788+0.007%$7.1M$45.2M10xas long as short
Hyperliquid HYPE+0.0100%1h92.787+0.005%$2.02B$663.4M10xas long as short
Pacifica HYPE+0.0100%1h92.825+0.046%$10.0M$15.1M20xas long as short
Binance HYPEUSDT+0.0100%4h92.764−0.020%$372.5M$904.2M75xas long as short
MEXC HYPE_USDT+0.0100%4h92.775−0.008%$87.6M$80.8M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.779−0.003%$46.0M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h92.735−0.051%$224.5M$98.8M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.748−0.037%$7.3M$11.1M20xas long as short
Variational Omni HYPE+0.0100%8h92.688−0.101%$28.6M$57.4Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h92.707−0.080%$7.5M$46.6M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h92.679−0.111%$350K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h92.729−0.057%$665K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h92.800+0.020%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h92.781−0.001%$466K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h92.741−0.044%$79K$170K20xas long as short
Derive HYPE-PERP+0.0100%1h92.752−0.032%$16.1M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h92.776−0.006%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h92.768−0.015%$2.0M$2.0M10xas long as short
HTX HYPE-USDT+0.0100%4h92.902+0.129%$1.4M$6.2M75xas long as short
Bulk HYPE-USD+0.0100%1h92.701−0.087%$202K$13K10xas long as short
Extended HYPE-USD+0.0104%1h92.744−0.041%$18.1M$43.5M50xas long as short
Aevo HYPE-PERP+0.0104%1h92.768−0.015%$392K$164K20xas long as short
edgeX HYPEUSDC+0.0116%4h92.666−0.125%$5.0M$29.5M30xas long as short
Injective HYPE/USDC PERP+0.0150%1h93.000+0.235%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0160%1h92.810+0.030%$4.7M$5.5M50xas long as short
Kalshi KXHYPEPERP+0.0240%8h92.830+0.052%$1.8M$5.4M2.3xas long as short
Reya HYPERUSDPERP+0.0262%1h92.740−0.046%$79K$132K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0154%1h92.774−0.009%$1.4M100xas long as short
Kraken Futures PF_HYPEUSD+0.0332%1h92.835+0.057%$20.6M$30.5M50xas long as short
BloFin HYPE-USDT+0.0340%4h92.771−0.012%$16.7M$11.6M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0461%1h92.866+0.091%$7.5M$4.5M50xas long as short
RISEx HYPE/USDC+0.0687%1h92.852+0.076%$3.2M$6.4M20xas long as short