Funding you earn now, next payment 01:00 UTC−0.0130%/8h= −14.2% APRnext payment −$0.16 per $10,000 · paid last 24h +0.047%
Price spread now: Aftermath Perps against Hotstuff−0.055%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aftermath Perps is 0.055% cheaper against Hotstuff than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff HYPE-PERP | 94.036 | −0.0080 | get 0.0010% / 1h | 8m 47s | $3K | $331 | 25x |
| Short | Aftermath Perps HYPEUSD | 93.984 | −0.0210 | pay 0.0026% / 1h | 8m 47s | $22K | $21K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Hotstuff. 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
- −$27.23
- Price spread: −0.055% → 0.000%
- −$5.54
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$46.77
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hotstuff no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Hotstuff 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1168% | 1h | 93.966 | −0.075% | $199K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 93.778 | −0.274% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSDshort | −0.0210% | 1h | 93.984 | −0.055% | $22K | $21K | 10x | |
| Ondo Perps HYPE-USD.P | −0.0099% | 1h | 93.860 | −0.187% | $710K | $958K | 10x | as long as short |
| Phemex HYPEUSDT | −0.0095% | 8h | 93.940 | −0.102% | $12.8M | $2.6M | 50x | as long as short |
| dYdX HYPE-USD | −0.0087% | 1h | 93.911 | −0.133% | $129K | $31K | 5x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 94.018 | −0.019% | $86K | $359K | 20x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 94.036 | long leg | $3K | $331 | 25x | |
| Bullet HYPE-USD | −0.0048% | 1h | 93.989 | −0.050% | $113K | $580K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0029% | 4h | 93.938 | −0.104% | $159K | $643K | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPE_USDT | −0.0012% | 4h | 93.896 | −0.149% | $44.4M | $60.3M | 75x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.046 | +0.010% | $23K | $327K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 94.010 | −0.028% | $27K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0009% | 1h | 93.925 | −0.118% | $16.4M | $7.3M | 10x | as long as short |
| Aster HYPEUSDT | +0.0012% | 4h | 93.908 | −0.136% | $8.9M | $36.0M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0015% | 8h | 93.877 | −0.169% | $323.1M | $279.7M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 94.071 | +0.037% | $218K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0052% | 4h | 93.899 | −0.146% | $88.4M | $83.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0056% | 4h | 93.891 | −0.155% | $383.3M | $894.4M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0065% | 4h | 93.937 | −0.105% | $5.1M | $29.6M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0073% | 8h | 93.881 | −0.165% | $116.1M | $314.8M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.924 | −0.119% | $18.9M | $60.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.905 | −0.139% | $3.0M | $12.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.017 | −0.020% | $65K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.969 | −0.072% | $400K | $180K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.928 | −0.114% | $341K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.030 | −0.006% | $31K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.020 | −0.016% | $6.6M | $44.6M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.954 | −0.087% | $2.05B | $668.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.912 | −0.132% | $10.1M | $14.7M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.528 | −0.540% | $204K | $12K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.896 | −0.149% | $46.6M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.883 | −0.163% | $227.3M | $100.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.888 | −0.157% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.871 | −0.175% | $7.9M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.920 | −0.124% | $31.4M | $53.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.053 | +0.018% | $7.6M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.946 | −0.096% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.959 | −0.082% | $671K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.050 | +0.015% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.049 | +0.014% | $475K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.926 | −0.117% | $76K | $170K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.049 | +0.014% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.955 | −0.086% | $2.0M | $2.0M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.869 | −0.177% | $18.4M | $45.2M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.970 | −0.070% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.490 | +0.483% | $31K | $338K | 12x | as long as short |
| BloFin HYPE-USDT | +0.0212% | 4h | 94.058 | +0.023% | $17.1M | $12.1M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 93.927 | −0.116% | $2.7M | $6.7M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0241% | 8h | 94.083 | +0.050% | $1.9M | $5.1M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0252% | 1h | 93.976 | −0.063% | $79K | $143K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0335% / S −0.0158% | 1h | 94.009 | −0.029% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0366% | 4h | 94.211 | +0.186% | $1.5M | $5.9M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0431% | 1h | 94.060 | +0.026% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0672% | 1h | 94.012 | −0.025% | $21.0M | $29.8M | 50x | as long as short |
Aftermath Perps HYPEUSD
Phemex HYPEUSDT
01 Exchange HYPEUSD
Bullet HYPE-USD
Gate HYPE_USDT
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
Aster HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
BloFin HYPE-USDT
RISEx HYPE/USDC
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD