HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.1474%/8h= +161.4% APRnext payment +$1.84 per $10,000 · paid last 24h +0.233%

Price spread now: gTrade (Gains Network) against Hibachi+0.257%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hibachi Short on gTrade (Gains Network)

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—+ Points / potential airdropHibachi: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and gTrade (Gains Network) is 0.257% dearer against Hibachi than usual: you sell high and buy low: +$26 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	Hibachi HYPE/USDT-P	93.064	−0.1472	get 0.0184% / 1h	25m 18s	$197K	$237K	7x
Short	gTrade (Gains Network) HYPE/USD	93.303	L +0.0002% / S −0.0002%	get 0.0000% / 1h	25m 18s	$62K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee HibachibpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.257%Rate

Funding earned: $309.58
Price spread: +0.257% → 0.000%: $25.68
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $316.26
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Hibachi: live order book, 24 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hibachi live order book, 24 min ago	24.38 bp	29.9 bp −$30	49.1 bp −$491	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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-Plong	−0.1472%	1h	93.064	long leg	$197K	$237K	7x
Aftermath Perps HYPEUSD	−0.0368%	1h	93.225	+0.173%	$22K	$21K	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.092	+0.030%	$3K	$331	25x	as long as short
Bullet HYPE-USD	−0.0074%	1h	93.282	+0.234%	$111K	$580K	20x	as long as short
Orderly PERP_HYPE_USDC	−0.0022%	4h	93.264	+0.215%	$146K	$666K	20x	as long as short
01 Exchange HYPEUSD	−0.0008%	1h	93.313	+0.268%	$87K	$365K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.217	+0.164%	$128K	$29K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.278	+0.230%	$22K	$290K	10x	as long as short
gTrade (Gains Network) HYPE/USDshort	L +0.0002% / S −0.0002%	1h	93.303	+0.257%	$62K	—	150x
Arcus HYPE-USD	+0.0011%	1h	93.289	+0.242%	$1.0M	$3.9M	10x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget HYPEUSDT	+0.0012%	4h	93.276	+0.228%	$225.1M	$99.0M	75x	as long as short
Bybit HYPEUSDT	+0.0018%	8h	93.211	+0.158%	$316.7M	$282.4M	75x	as long as short
Phoenix HYPE	+0.0026%	1h	93.282	+0.234%	$207K	$1.2M	10x	as long as short
Ondo Perps HYPE-USD.P	+0.0027%	1h	93.190	+0.136%	$702K	$1.2M	10x	as long as short
Phemex HYPEUSDT	+0.0054%	8h	93.266	+0.217%	$12.7M	$2.8M	50x	as long as short
edgeX HYPEUSDC	+0.0085%	4h	93.101	+0.040%	$4.9M	$29.9M	30x	as long as short
Paradex HYPE-USD-PERP	+0.0094%	8h	93.314	+0.269%	$340K	$157K	20x	as long as short
Lighter HYPE	+0.0096%	1h	93.288	+0.240%	$16.1M	$63.2M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.288	+0.241%	$3.1M	$11.5M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	93.289	+0.242%	$75K	$1.2M	50x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.270	+0.222%	$28K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.280	+0.232%	$8.0M	$48.4M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.313	+0.268%	$2.03B	$669.4M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	93.236	+0.185%	$8.7M	$36.4M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	93.257	+0.207%	$10.0M	$15.3M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	93.259	+0.210%	$373.7M	$912.1M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	93.208	+0.155%	$114.4M	$309.1M	50x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.230	+0.178%	$215K	$15K	10x	as long as short
Gate HYPE_USDT	+0.0100%	4h	93.280	+0.232%	$46.8M	$54.4M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	93.245	+0.195%	$90.8M	$81.2M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.288	+0.241%	$46.1M	$18.8M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	93.280	+0.232%	—	$53.9M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.128	+0.069%	$7.3M	$10.6M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.070	+0.006%	$28.4M	$56.3M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.241	+0.190%	$7.5M	$47.0M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.095	+0.034%	$341K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.151	+0.094%	$666K	$2.8M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.298	+0.252%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.291	+0.244%	$483K	$2.7M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.290	+0.243%	$79K	$166K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	93.273	+0.224%	$16.1M	$7.4M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.319	+0.274%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.272	+0.224%	$2.0M	$1.9M	10x	as long as short
HTX HYPE-USDT	+0.0100%	4h	93.450	+0.415%	$1.4M	$6.5M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.246	+0.195%	$18.1M	$43.2M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	93.274	+0.226%	$394K	$158K	20x	as long as short
Kalshi KXHYPEPERP	+0.0105%	8h	93.358	+0.316%	$1.8M	$5.6M	2.3x	as long as short
Injective HYPE/USDC PERP	+0.0122%	1h	93.620	+0.598%	$30K	$339K	12x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0144%	1h	93.280	+0.232%	$4.6M	$5.8M	50x	as long as short
Reya HYPERUSDPERP	+0.0269%	1h	93.270	+0.222%	$80K	$127K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0332% / S −0.0154%	1h	93.296	+0.250%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	93.269	+0.220%	$16.8M	$11.9M	75x	as long as short
Kraken Futures PF_HYPEUSD	+0.0341%	1h	93.330	+0.286%	$20.8M	$29.5M	50x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0500%	1h	93.375	+0.334%	$7.5M	$4.0M	50x	as long as short
RISEx HYPE/USDC	+0.0527%	1h	93.389	+0.350%	$3.2M	$6.3M	20x	as long as short