HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.052%

Price spread now: ApeX Omni against Hotstuff+0.223%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and ApeX Omni is 0.223% dearer against Hotstuff than usual: you sell high and buy low: +$22 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	Hotstuff HYPE-PERP	94.377	−0.0080	get 0.0010% / 1h	33m 29s	$3K	$331	25x
Short	ApeX Omni HYPEUSDT	94.587	0.0100	get 0.0013% / 1h	33m 29s	$345K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hotstuff. 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 HotstuffbpFee ApeX OmnibpOrdersPrice spread, now +0.223%Rate

Funding earned: $37.8
Price spread: +0.223% → 0.000%: $22.25
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $45.05
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Hotstuff: no order-book sample; ApeX Omni: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 6 min ago	3.60 bp	8.6 bp −$9	12.7 bp −$127	doesn't fit	doesn't fit

Hotstuff: 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	−0.0880%	1h	94.602	+0.238%	$207K	$268K	7x	as long as short
Bluefin HYPE-PERP	−0.0608%	1h	94.604	+0.241%	$80K	$150K	20x	as long as short
Aftermath Perps HYPEUSD	−0.0308%	1h	94.670	+0.310%	$22K	$20K	10x	as long as short
Bullet HYPE-USD	−0.0236%	1h	94.320	−0.060%	$112K	$577K	20x	as long as short
Ondo Perps HYPE-USD.P	−0.0170%	1h	94.300	−0.082%	$704K	$1.3M	10x	as long as short
Arcus HYPE-USD	−0.0112%	1h	94.345	−0.034%	$1.0M	$3.5M	10x	as long as short
Gate HYPE_USDT	−0.0100%	4h	94.362	−0.016%	$51.4M	$55.1M	75x	as long as short
01 Exchange HYPEUSD	−0.0096%	1h	94.376	−0.001%	$89K	$365K	20x	as long as short
Hotstuff HYPE-PERPlong	−0.0080%	1h	94.377	long leg	$3K	$331	25x
Phemex HYPEUSDT	−0.0067%	8h	94.575	+0.210%	$12.9M	$2.9M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_HYPEUSD	−0.0047%	1h	94.569	+0.204%	$18.9M	$35.4M	50x	as long as short
Bybit HYPEUSDT	−0.0024%	8h	94.323	−0.057%	$317.3M	$296.4M	75x	as long as short
Orderly PERP_HYPE_USDC	−0.0007%	4h	94.616	+0.253%	$147K	$681K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	94.395	+0.019%	$129K	$94K	5x	as long as short
Kalshi KXHYPEPERP	0.0000%	8h	94.684	+0.325%	$1.8M	$5.6M	2.3x	as long as short
Perpl HYPE	0.0000%	43m	94.608	+0.245%	$19K	$285K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S 0.0000%	1h	94.652	+0.292%	$123K	—	150x	as long as short
Phoenix HYPE	+0.0008%	1h	94.654	+0.294%	$210K	$1.2M	10x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0016%	1h	94.660	+0.300%	$4.7M	$6.3M	50x	as long as short
Bitget HYPEUSDT	+0.0028%	4h	94.336	−0.043%	$226.7M	$99.3M	75x	as long as short
Derive HYPE-PERP	+0.0034%	1h	94.592	+0.228%	$16.3M	$7.5M	10x	as long as short
Vest HYPE-PERP	+0.0041%	1h	94.467	+0.096%	—	$190K	5x	as long as short
Paradex HYPE-USD-PERP	+0.0047%	8h	94.368	−0.010%	$337K	$154K	20x	as long as short
OKX HYPE-USDT-SWAP	+0.0049%	8h	94.325	−0.055%	$117.8M	$328.4M	50x	as long as short
edgeX HYPEUSDC	+0.0080%	4h	94.626	+0.264%	$5.0M	$30.9M	30x	as long as short
SoDEX HYPE-USD	+0.0086%	1h	94.596	+0.232%	$2.1M	$2.0M	10x	as long as short
Backpack HYPE_USDC_PERP	+0.0088%	1h	94.499	+0.129%	$7.6M	$10.4M	20x	as long as short
Lighter HYPE	+0.0096%	1h	94.383	+0.006%	$16.2M	$62.7M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	94.375	−0.002%	$3.2M	$10.3M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	94.356	−0.022%	$148K	$1.2M	50x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	94.380	+0.003%	$40K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	94.391	+0.015%	$7.2M	$51.7M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	94.464	+0.092%	$2.08B	$686.6M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	94.404	+0.029%	$9.6M	$37.5M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	94.387	+0.011%	$10.2M	$14.5M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	94.354	−0.024%	$380.0M	$937.3M	75x	as long as short
Bulk HYPE-USD	+0.0100%	1h	94.564	+0.198%	$220K	$14K	10x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	94.324	−0.056%	$93.8M	$86.1M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	94.367	−0.011%	$47.1M	$19.2M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	94.375	−0.002%	—	$53.5M	—	as long as short
Variational Omni HYPE	+0.0100%	8h	94.619	+0.257%	$30.0M	$56.3M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	94.643	+0.282%	$7.6M	$44.6M	10x	as long as short
ApeX Omni HYPEUSDTshort	+0.0100%	1h	94.587	+0.223%	$345K	$1.1M	50x
StandX HYPE-USD	+0.0100%	1h	94.634	+0.272%	$696K	$2.7M	20x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	94.460	+0.088%	$498K	$2.8M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	94.627	+0.265%	$32K	$1.6M	20x	as long as short
HTX HYPE-USDT	+0.0100%	4h	94.781	+0.428%	$1.4M	$6.9M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	94.337	−0.042%	$18.4M	$43.4M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	94.648	+0.287%	$400K	$153K	20x	as long as short
RISEx HYPE/USDC	+0.0133%	1h	94.412	+0.037%	$3.1M	$6.4M	20x	as long as short
Injective HYPE/USDC PERP	+0.0153%	1h	95.170	+0.840%	$31K	$340K	12x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0204%	1h	94.722	+0.366%	$7.5M	$4.4M	50x	as long as short
Reya HYPERUSDPERP	+0.0271%	1h	94.540	+0.173%	$85K	$104K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0331% / S −0.0156%	1h	94.641	+0.280%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	94.619	+0.256%	$17.3M	$12.6M	75x	as long as short