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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.1151%/8h= +126.0% APRnext payment +$1.44 per $10,000 · paid last 24h +0.210%
Price spread now: Aftermath Perps against Hibachi+0.041%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 fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Aftermath Perps is 0.041% dearer against Hibachi than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi HYPE/USDT-P94.105−0.1376get 0.0172% / 1h25m 41s$199K$228K7x
ShortAftermath Perps HYPEUSD94.144−0.0225pay 0.0028% / 1h25m 41s$22K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Hibachi. 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
$241.72
Price spread: +0.041% → 0.000%
$4.09
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$227.82
Costs to cover
0.180%
Break-even
0.4 days
Slippage unknown: Hibachi: live order book, 48 min ago; 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 Hibachi live order book, 48 min ago12.88 bp40.5 bp −$4066.0 bp −$660doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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
Hibachi HYPE/USDT-Plong−0.1376%1h94.105long leg$199K$228K7x
Arcus HYPE-USD−0.0625%1h94.076−0.031%$1.2M$3.8M10xas long as short
Aftermath Perps HYPEUSDshort−0.0225%1h94.144+0.041%$22K$21K10x
Ondo Perps HYPE-USD.P−0.0142%1h94.090−0.016%$711K$959K10xas long as short
dYdX HYPE-USD−0.0131%1h94.204+0.105%$129K$31K5xas long as short
Phemex HYPEUSDT−0.0115%8h94.166+0.064%$12.8M$2.6M50xas long as short
Bullet HYPE-USD−0.0102%1h94.160+0.058%$113K$580K20xas long as short
01 Exchange HYPEUSD−0.0080%1h94.172+0.071%$86K$359K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h94.124+0.020%$3K$33125xas long as short
Bybit HYPEUSDT−0.0020%8h94.150+0.047%$323.4M$280.4M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_HYPE_USDC−0.0019%4h94.155+0.053%$160K$645K20xas long as short
Perpl HYPE0.0000%43m94.135+0.031%$23K$327K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h94.206+0.107%$27K150xas long as short
Gate HYPE_USDT+0.0014%4h94.179+0.078%$44.6M$59.8M75xas long as short
Aster HYPEUSDT+0.0020%4h94.166+0.065%$8.9M$36.1M300xas long as short
Phoenix HYPE+0.0034%1h94.121+0.017%$219K$1.2M10xas long as short
Derive HYPE-PERP+0.0040%1h94.146+0.043%$16.5M$7.3M10xas long as short
MEXC HYPE_USDT+0.0048%4h94.205+0.106%$89.4M$82.7M100xas long as short
Binance HYPEUSDT+0.0051%4h94.188+0.088%$384.2M$893.4M75xas long as short
edgeX HYPEUSDC+0.0059%4h94.004−0.108%$5.1M$29.9M30xas long as short
OKX HYPE-USDT-SWAP+0.0079%8h94.170+0.069%$116.1M$318.6M50xas long as short
Lighter HYPE+0.0096%1h94.238+0.141%$19.2M$59.8M20xas long as short
Lighter RH HYPE+0.0096%1h94.221+0.123%$3.0M$12.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h94.168+0.067%$66K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h94.165+0.063%$401K$180K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h94.207+0.108%$342K$165K20xas long as short
Katana Perps HYPE-USD+0.0100%8h94.130+0.026%$24K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h94.147+0.045%$6.6M$44.8M10xas long as short
Hyperliquid HYPE+0.0100%1h94.296+0.203%$2.06B$677.6M10xas long as short
Pacifica HYPE+0.0100%1h94.210+0.111%$10.2M$14.6M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h94.209+0.110%$46.7M$18.1M75xas long as short
Bitget HYPEUSDT+0.0100%4h94.188+0.088%$228.4M$100.8M75xas long as short
BingX HYPE-USDT+0.0100%4h94.160+0.058%$54.0Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h94.159+0.057%$7.7M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h94.149+0.047%$31.5M$54.0Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.088−0.019%$7.6M$46.0M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.057−0.051%$340K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h94.130+0.026%$681K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h94.187+0.087%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h94.186+0.086%$481K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h94.183+0.082%$76K$170K20xas long as short
SunX HYPE-USDT+0.0100%4h94.246+0.149%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h94.195+0.095%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h94.151+0.048%$205K$2K10xas long as short
Extended HYPE-USD+0.0104%1h94.145+0.042%$18.8M$44.4M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h94.030−0.080%$4.9M$5.5M50xas long as short
BloFin HYPE-USDT+0.0198%4h94.138+0.035%$17.0M$12.2M75xas long as short
Injective HYPE/USDC PERP+0.0205%1h94.490+0.409%$31K$338K12xas long as short
RISEx HYPE/USDC+0.0222%1h94.183+0.082%$2.8M$6.7M20xas long as short
Kalshi KXHYPEPERP+0.0225%8h94.221+0.123%$1.9M$5.1M2.3xas long as short
Reya HYPERUSDPERP+0.0251%1h94.167+0.065%$79K$142K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0333% / S −0.0155%1h94.212+0.113%$1.4M100xas long as short
HTX HYPE-USDT+0.0415%4h94.349+0.259%$1.5M$6.3M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0429%1h94.289+0.195%$7.5M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0670%1h94.290+0.196%$21.1M$29.7M50xas long as short