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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 01:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: ApeX Omni against gTrade (Gains Network)+0.376%67s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on gTrade (Gains Network)Short on ApeX Omni
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 days—no price history on both exchanges yet
Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.376% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$38 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) HYPE/USD93.469L +0.0002% / S −0.0003%pay 0.0000% / 1h1m 57s$27K—150x
ShortApeX Omni HYPEUSDT93.8200.0100get 0.0013% / 1h1m 57s$340K$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
$20.52
Price spread: +0.376% → 0.000%
$37.61
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$38.12
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: live order book, 2 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 ApeX Omni live order book, 2 min ago3.20 bp8.2 bp −$811.3 bp −$113doesn't fitdoesn'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 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−0.1120%1h93.805+0.360%$199K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h93.372−0.103%$1.2M$3.9M10xas long as short
Aftermath Perps HYPEUSD−0.0190%1h93.839+0.396%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0104%1h93.580+0.119%$710K$963K10xas long as short
01 Exchange HYPEUSD−0.0080%1h93.477+0.009%$85K$359K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.510+0.044%$3K$33125xas long as short
dYdX HYPE-USD−0.0078%1h93.595+0.135%$128K$31K5xas long as short
Gate HYPE_USDT−0.0060%4h93.476+0.008%$44.3M$60.6M75xas long as short
Bullet HYPE-USD−0.0042%1h93.435−0.036%$113K$579K20xas long as short
Orderly PERP_HYPE_USDC−0.0039%4h93.434−0.037%$158K$644K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT−0.0006%4h93.452−0.018%$8.9M$36.0M300xas long as short
Perpl HYPE0.0000%43m93.501+0.035%$23K$327K10xas long as short
gTrade (Gains Network) HYPE/USDlongL +0.0002% / S −0.0003%1h93.469long leg$27K—150x
Bybit HYPEUSDT+0.0019%8h93.468−0.001%$321.3M$279.5M75xas long as short
Derive HYPE-PERP+0.0024%1h93.440−0.031%$16.3M$7.5M10xas long as short
Phemex HYPEUSDT+0.0024%8h93.513+0.048%$12.7M$2.6M50xas long as short
Phoenix HYPE+0.0034%1h93.887+0.448%$213K$1.2M10xas long as short
Binance HYPEUSDT+0.0052%4h93.488+0.021%$381.8M$897.8M75xas long as short
MEXC HYPE_USDT+0.0054%4h93.487+0.020%$87.5M$83.6M100xas long as short
Bluefin HYPE-PERP+0.0067%1h93.476+0.008%$76K$170K20xas long as short
OKX HYPE-USDT-SWAP+0.0071%8h93.478+0.010%$115.6M$313.7M50xas long as short
edgeX HYPEUSDC+0.0074%4h93.859+0.417%$5.1M$29.7M30xas long as short
Lighter HYPE+0.0096%1h93.494+0.027%$18.8M$60.9M20xas long as short
Lighter RH HYPE+0.0096%1h93.514+0.049%$3.0M$12.2M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.475+0.007%$64K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h93.461−0.008%$398K$180K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.556+0.093%$340K$165K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.480+0.012%$34K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.523+0.059%$6.6M$44.6M10xas long as short
Hyperliquid HYPE+0.0100%1h93.560+0.098%$2.04B$669.7M10xas long as short
Pacifica HYPE+0.0100%1h93.547+0.083%$10.1M$14.7M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.511+0.045%$46.4M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.502+0.036%$226.4M$100.3M75xas long as short
BingX HYPE-USDT+0.0100%4h93.495+0.028%—$53.8M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.437−0.034%$7.9M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.768+0.320%$31.3M$53.6M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.861+0.420%$7.6M$46.0M10xas long as short
ApeX Omni HYPEUSDTshort+0.0100%1h93.820+0.376%$340K$1.1M50x
StandX HYPE-USD+0.0100%1h93.742+0.293%$669K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.560+0.098%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.496+0.029%$472K$2.5M20xas long as short
SunX HYPE-USDT+0.0100%4h93.515+0.050%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.457−0.012%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.894+0.455%$204K$10K10xas long as short
Extended HYPE-USD+0.0104%1h93.466−0.003%$18.3M$44.9M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.540+0.076%$4.9M$5.5M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.570+0.109%$30K$338K12xas long as short
BloFin HYPE-USDT+0.0217%4h93.624+0.166%$17.0M$12.0M75xas long as short
RISEx HYPE/USDC+0.0222%1h93.510+0.044%$2.7M$6.7M20xas long as short
Kalshi KXHYPEPERP+0.0248%8h93.761+0.313%$1.9M$5.2M2.3xas long as short
Reya HYPERUSDPERP+0.0253%1h93.451−0.019%$79K$143K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0333% / S −0.0157%1h93.476+0.008%$1.4M—100xas long as short
HTX HYPE-USDT+0.0355%4h93.650+0.194%$1.5M$6.0M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0552%1h93.568+0.106%$7.4M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0675%1h93.532+0.068%$20.9M$29.8M50xas long as short