Funding you earn now, next payment 06:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.15 per $10,000 · paid last 24h +0.029%
Price spread now: Coinbase International against gTrade (Gains Network)+0.024%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 +$4 a day on $10k at the current rate, and Coinbase International is 0.024% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HYPE/USD | 93.657 | L +0.0002% / S −0.0002% | pay 0.0000% / 1h | 48m 20s | $63K | — | 150x |
| Short | Coinbase International HYPE-PERP-INTX | 93.680 | 0.0120 | get 0.0015% / 1h | 48m 20s | $4.7M | $6.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $24.72
- Price spread: +0.024% → 0.000%
- $2.4
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $7.12
- Costs to cover
- 0.200%
- Break-even
- 5.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 6 min ago. Net counts fees only.
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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 6 min ago | 2.66 bp | 8.7 bp −$9 | 14.8 bp −$148 | 34.5 bp −$3,448 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1136% | 1h | 93.719 | +0.066% | $199K | $242K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0243% | 1h | 93.808 | +0.160% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0133% | 1h | 93.610 | −0.051% | $706K | $1.2M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.589 | −0.073% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0065% | 1h | 93.618 | −0.043% | $111K | $580K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0064% | 1h | 93.618 | −0.042% | $86K | $371K | 20x | as long as short |
| Bluefin HYPE-PERP | −0.0035% | 1h | 93.612 | −0.049% | $79K | $156K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0020% | 4h | 93.610 | −0.051% | $145K | $685K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.622 | −0.038% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.624 | −0.035% | $21K | $287K | 10x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USDlong | L +0.0002% / S −0.0002% | 1h | 93.657 | long leg | $63K | — | 150x | |
| Bybit HYPEUSDT | +0.0010% | 8h | 93.610 | −0.051% | $316.2M | $288.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0010% | 4h | 93.625 | −0.035% | — | $53.7M | — | as long as short |
| Phoenix HYPE | +0.0017% | 1h | 93.780 | +0.131% | $210K | $1.1M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0040% | 4h | 93.626 | −0.034% | $225.5M | $99.6M | 75x | as long as short |
| ApeX Omni HYPEUSDT | +0.0074% | 1h | 93.801 | +0.153% | $348K | $1.0M | 50x | as long as short |
| Phemex HYPEUSDT | +0.0074% | 8h | 93.656 | −0.002% | $12.8M | $2.8M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0083% | 8h | 93.647 | −0.011% | $335K | $161K | 20x | as long as short |
| Arcus HYPE-USD | +0.0084% | 1h | 93.590 | −0.072% | $1.0M | $4.0M | 10x | as long as short |
| edgeX HYPEUSDC | +0.0091% | 4h | 93.758 | +0.107% | $5.0M | $30.5M | 30x | as long as short |
| Derive HYPE-PERP | +0.0092% | 1h | 93.587 | −0.076% | $16.3M | $7.4M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.631 | −0.028% | $16.1M | $63.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.618 | −0.042% | $3.1M | $11.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.598 | −0.064% | $78K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.600 | −0.061% | $23K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.606 | −0.056% | $7.4M | $50.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.707 | +0.053% | $2.05B | $682.6M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.636 | −0.023% | $8.9M | $37.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.670 | +0.014% | $10.1M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.633 | −0.026% | $375.2M | $931.1M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.624 | −0.036% | $115.7M | $316.1M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.624 | −0.036% | $48.4M | $55.0M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.611 | −0.050% | $88.8M | $83.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.660 | +0.003% | $46.3M | $18.8M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.611 | −0.050% | $7.2M | $10.8M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.670 | +0.013% | $28.6M | $56.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.726 | +0.073% | $7.6M | $48.1M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.679 | +0.023% | $679K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.685 | +0.030% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.633 | −0.026% | $470K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.681 | +0.025% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.632 | −0.027% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.799 | +0.151% | $1.4M | $6.7M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.731 | +0.079% | $216K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.596 | −0.065% | $18.2M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.622 | −0.038% | $396K | $159K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0106% | 8h | 93.653 | −0.005% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTXshort | +0.0120% | 1h | 93.680 | +0.024% | $4.7M | $6.1M | 50x | |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 93.670 | +0.013% | $30K | $339K | 12x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0262% | 1h | 93.715 | +0.061% | $7.4M | $4.2M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0271% | 1h | 93.602 | −0.059% | $77K | $130K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0154% | 1h | 93.664 | +0.007% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.600 | −0.061% | $17.0M | $12.2M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0415% | 1h | 93.702 | +0.047% | $20.9M | $29.6M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0559% | 1h | 93.644 | −0.014% | $3.2M | $6.4M | 20x | as long as short |
gTrade (Gains Network) HYPE/USD
Coinbase International HYPE-PERP-INTX
Aftermath Perps HYPEUSD
Bullet HYPE-USD
01 Exchange HYPEUSD
Bluefin HYPE-PERP
Bybit HYPEUSDT
BingX HYPE-USDT
Phoenix HYPE
Bitget HYPEUSDT
ApeX Omni HYPEUSDT
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
edgeX HYPEUSDC
Derive HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC