Funding you earn now, next payment 08:00 UTC+0.0329%/8h= +36.0% APRnext payment +$0.41 per $10,000 · paid last 24h +0.122%
Price spread now: RISEx against Hotstuff+0.066%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$10 a day on $10k at the current rate, and RISEx is 0.066% dearer against Hotstuff than usual: you sell high and buy low: +$7 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 | 94.298 | −0.0080 | get 0.0010% / 1h | 51m 53s | $3K | $331 | 25x |
| Short | RISEx HYPE/USDC | 94.361 | 0.0249 | get 0.0031% / 1h | 51m 53s | $3.2M | $6.4M | 20x |
Hotstuff HYPE-PERP
RISEx HYPE/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $69.03
- Price spread: +0.066% → 0.000%
- $6.65
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $64.68
- Costs to cover
- 0.110%
- Break-even
- 0.4 days
Slippage unknown: Hotstuff: no order-book sample; RISEx: 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 RISEx live order book, 2 min ago | 0.48 bp | 3.5 bp −$3 | 6.6 bp −$66 | 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 | −0.1120% | 1h | 94.259 | −0.042% | $201K | $234K | 7x | as long as short |
| Bluefin HYPE-PERP | −0.0351% | 1h | 94.381 | +0.088% | $80K | $155K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0209% | 1h | 94.270 | −0.030% | $709K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | −0.0144% | 1h | 94.353 | +0.058% | $112K | $575K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0124% | 1h | 94.291 | −0.007% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0112% | 1h | 94.362 | +0.068% | $87K | $366K | 20x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 94.298 | long leg | $3K | $331 | 25x | |
| Arcus HYPE-USD | −0.0045% | 1h | 94.306 | +0.008% | $1.0M | $3.6M | 10x | as long as short |
| Derive HYPE-PERP | −0.0040% | 1h | 94.307 | +0.009% | $16.4M | $7.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | −0.0034% | 1h | 94.057 | −0.256% | $362K | $1.0M | 50x | as long as short |
Hibachi HYPE/USDT-P
Bluefin HYPE-PERP
Ondo Perps HYPE-USD.P
Bullet HYPE-USD
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Arcus HYPE-USD
Derive HYPE-PERP
ApeX Omni HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HYPEUSDT | −0.0014% | 8h | 94.420 | +0.129% | $317.8M | $289.5M | 75x | as long as short |
| BingX HYPE-USDT | −0.0012% | 4h | 94.428 | +0.138% | — | $53.5M | — | as long as short |
| Orderly PERP_HYPE_USDC | −0.0004% | 4h | 94.337 | +0.041% | $146K | $685K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.345 | +0.050% | $129K | $60K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 94.417 | +0.126% | $1.8M | $5.5M | 2.3x | as long as short |
| Phoenix HYPE | 0.0000% | 1h | 94.351 | +0.056% | $209K | $1.1M | 10x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.328 | +0.032% | $19K | $287K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S 0.0000% | 1h | 94.377 | +0.084% | $117K | — | 150x | as long as short |
| Bitget HYPEUSDT | +0.0038% | 4h | 94.434 | +0.144% | $227.1M | $100.1M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0049% | 8h | 94.374 | +0.081% | $12.9M | $2.9M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0058% | 8h | 94.336 | +0.041% | $337K | $156K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0064% | 1h | 94.360 | +0.066% | $4.7M | $6.2M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0088% | 8h | 94.452 | +0.163% | $117.7M | $324.3M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0089% | 4h | 94.094 | −0.216% | $5.0M | $30.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.393 | +0.101% | $16.3M | $63.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.415 | +0.124% | $3.2M | $10.7M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.337 | +0.041% | $82K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.310 | +0.013% | $17K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.316 | +0.020% | $7.1M | $50.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.501 | +0.215% | $2.08B | $688.6M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.438 | +0.148% | $8.8M | $37.3M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.348 | +0.053% | $10.2M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.436 | +0.146% | $378.0M | $932.8M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.065 | −0.247% | $217K | $12K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.390 | +0.098% | $49.4M | $56.2M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.450 | +0.161% | $91.4M | $82.0M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.454 | +0.165% | $47.1M | $18.6M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.364 | +0.070% | $7.6M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.098 | −0.213% | $29.2M | $55.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.258 | −0.043% | $7.6M | $46.0M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.320 | +0.023% | $682K | $2.7M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.380 | +0.087% | $496K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.405 | +0.113% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.394 | +0.102% | $2.1M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.500 | +0.214% | $1.4M | $6.8M | 75x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.395 | +0.103% | — | $243K | 5x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.425 | +0.135% | $18.3M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.351 | +0.056% | $399K | $159K | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0151% / S +0.0021% | 1h | 94.395 | +0.103% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0174% | 1h | 94.460 | +0.172% | $7.5M | $4.3M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0185% | 1h | 94.240 | −0.062% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0223% | 1h | 94.447 | +0.158% | $20.3M | $30.2M | 50x | as long as short |
| RISEx HYPE/USDCshort | +0.0249% | 1h | 94.361 | +0.066% | $3.2M | $6.4M | 20x | |
| Reya HYPERUSDPERP | +0.0272% | 1h | 94.334 | +0.038% | $83K | $123K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.219 | −0.084% | $17.0M | $12.4M | 75x | as long as short |
Bybit HYPEUSDT
BingX HYPE-USDT
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Kalshi KXHYPEPERP
Phoenix HYPE
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bitget HYPEUSDT
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Coinbase International HYPE-PERP-INTX
OKX HYPE-USDT-SWAP
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Vest HYPE-PERP
Extended HYPE-USD
Aevo HYPE-PERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD
Reya HYPERUSDPERP
BloFin HYPE-USDT