Funding you earn now, next payment 19:00 UTC+0.0280%/8hnext payment +$0.35 per $10,000 · paid last 24h +0.021%
Price spread now: Coinbase International against Hotstuff+0.173%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
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 0.173% dearer against Hotstuff than usual: you sell high and buy low: +$17 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 | 93.269 | −0.0080 | get 0.0010% / 1h | 6m 28s | $3K | $331 | 25x |
| Short | Coinbase International HYPE-PERP-INTX | 93.430 | 0.0200 | get 0.0025% / 1h | 6m 28s | $4.9M | $5.6M | 50x |
Hotstuff HYPE-PERP
Coinbase International HYPE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $58.8
- Price spread: +0.173% → 0.000%
- $17.26
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $61.06
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Hotstuff: no order-book sample; Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago | 3.75 bp | 8.7 bp −$9 | 13.4 bp −$134 | 34.5 bp −$3,445 | 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 | −0.1072% | 1h | 93.242 | −0.029% | $196K | $244K | 7x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 93.269 | long leg | $3K | $331 | 25x | |
| Injective HYPE/USDC PERP | −0.0004% | 1h | 93.620 | +0.376% | $30K | $177K | 12x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.249 | −0.021% | $127K | $33K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.361 | +0.099% | $2.0M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.204 | −0.070% | $24K | $372K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0006% | 1h | 93.289 | +0.022% | $43K | — | 150x | as long as short |
| Aftermath Perps HYPEUSD | +0.0008% | 1h | 93.332 | +0.068% | $22K | $22K | 10x | as long as short |
| Aster HYPEUSDT | +0.0021% | 4h | 93.196 | −0.078% | $8.9M | $36.2M | 300x | as long as short |
| 01 Exchange HYPEUSD | +0.0048% | 1h | 93.201 | −0.073% | $90K | $323K | 20x | as long as short |
Hibachi HYPE/USDT-P
Injective HYPE/USDC PERP
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aftermath Perps HYPEUSD
Aster HYPEUSDT
01 Exchange HYPEUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPE_USDT | +0.0072% | 4h | 93.178 | −0.098% | $44.1M | $56.1M | 75x | as long as short |
| Arcus HYPE-USD | +0.0082% | 1h | 93.160 | −0.117% | $1.2M | $4.0M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0083% | 8h | 93.170 | −0.106% | $324.7M | $286.7M | 75x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.254 | −0.016% | $18.7M | $58.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.244 | −0.027% | $3.1M | $12.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.195 | −0.079% | $55K | $1.3M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0097% | 1h | 93.320 | +0.055% | $700K | $945K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0097% | 4h | 93.269 | 0.000% | $181K | $505K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.230 | −0.042% | $21K | $1.8M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.190 | −0.084% | $6.3M | $43.6M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.207 | −0.067% | $10.0M | $14.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.194 | −0.081% | $389.8M | $869.9M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.161 | −0.116% | $114.5M | $313.2M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.380 | +0.119% | $205K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.191 | −0.084% | $91.4M | $83.4M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.224 | −0.048% | $46.4M | $19.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.193 | −0.081% | $225.5M | $102.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.175 | −0.101% | — | $54.7M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.263 | −0.006% | $8.0M | $11.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.355 | +0.092% | $29.1M | $49.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.383 | +0.122% | $7.5M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.365 | +0.103% | $457K | $943K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.341 | +0.077% | $675K | $2.3M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.256 | −0.014% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.215 | −0.058% | $460K | $2.6M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.189 | −0.085% | $112K | $573K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.288 | +0.020% | $76K | $171K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.241 | −0.030% | $16.3M | $7.0M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.275 | +0.006% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.256 | −0.014% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.290 | +0.023% | $12.6M | $2.5M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0101% | 8h | 93.222 | −0.051% | $341K | $172K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0104% | 4h | 93.353 | +0.090% | $5.1M | $28.9M | 30x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.166 | −0.110% | $18.1M | $40.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.262 | −0.007% | $397K | $320K | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0151% | 1h | 93.322 | +0.057% | $16.2M | $20.9M | 50x | as long as short |
| Phoenix HYPE | +0.0172% | 1h | 93.411 | +0.152% | $208K | $954K | 10x | as long as short |
| Hyperliquid HYPE | +0.0188% | 1h | 93.274 | +0.005% | $2.02B | $660.7M | 10x | as long as short |
| Coinbase International HYPE-PERP-INTXshort | +0.0200% | 1h | 93.430 | +0.173% | $4.9M | $5.6M | 50x | |
| Deribit HYPE_USDC-PERPETUAL | +0.0232% | 1h | 93.358 | +0.095% | $7.4M | $4.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0242% | 1h | 93.189 | −0.085% | $77K | $157K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.280 | +0.012% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.249 | −0.021% | $17.4M | $12.3M | 75x | as long as short |
| HTX HYPE-USDT | +0.0407% | 4h | 93.450 | +0.194% | $1.5M | $7.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0516% | 1h | 93.256 | −0.014% | $2.7M | $6.4M | 20x | as long as short |
Gate HYPE_USDT
Arcus HYPE-USD
Bybit HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Ondo Perps HYPE-USD.P
Orderly PERP_HYPE_USDC
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
edgeX HYPEUSDC
Extended HYPE-USD
Aevo HYPE-PERP
Kraken Futures PF_HYPEUSD
Phoenix HYPE
Hyperliquid HYPE
Deribit HYPE_USDC-PERPETUAL
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
HTX HYPE-USDT
RISEx HYPE/USDC