Settings8H · net · $10k
Funding arb · Price arb /

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0457%/8h= −50.0% APRnext payment $0.57 per $10,000 · paid last 24h −0.051%
Price spread now: Aftermath Perps against Hyperliquid−0.198%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Aftermath Perps is 0.198% cheaper against Hyperliquid than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid HYPE94.1220.0100pay 0.0013% / 1h2m 51s$2.05B$680.0M10x
ShortAftermath Perps HYPEUSD93.936−0.0357pay 0.0045% / 1h2m 51s$22K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Hyperliquid. 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

Funding earned
−$95.92
Price spread: −0.198% → 0.000%
−$19.8
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$133.72
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 11 min ago0.05 bp4.6 bp −$55.7 bp −$57doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1376%1h93.897−0.239%$199K$230K7xas long as short
Aftermath Perps HYPEUSDshort−0.0357%1h93.936−0.198%$22K$22K10x
Arcus HYPE-USD−0.0233%1h93.920−0.215%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0128%1h93.970−0.161%$704K$926K10xas long as short
01 Exchange HYPEUSD−0.0080%1h94.042−0.085%$86K$368K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h94.034−0.093%$3K$33125xas long as short
Derive HYPE-PERP−0.0010%1h93.985−0.146%$16.4M$7.2M10xas long as short
Orderly PERP_HYPE_USDC−0.0005%4h94.050−0.076%$170K$593K20xas long as short
dYdX HYPE-USD0.0000%1h93.987−0.144%$128K$30K5xas long as short
Perpl HYPE0.0000%43m94.081−0.043%$23K$329K10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h94.070−0.056%$27K150xas long as short
Phoenix HYPE+0.0009%1h93.898−0.238%$217K$1.2M10xas long as short
Aster HYPEUSDT+0.0014%4h94.006−0.123%$8.9M$36.1M300xas long as short
Bybit HYPEUSDT+0.0019%8h93.940−0.193%$323.4M$283.9M75xas long as short
Phemex HYPEUSDT+0.0028%8h93.997−0.133%$12.8M$2.6M50xas long as short
MEXC HYPE_USDT+0.0046%4h93.971−0.160%$88.4M$82.3M100xas long as short
Binance HYPEUSDT+0.0046%4h93.955−0.178%$384.0M$898.6M75xas long as short
edgeX HYPEUSDC+0.0064%4h93.859−0.279%$5.1M$29.7M30xas long as short
Popdex HYPEUSDT+0.0064%1h94.049−0.078%$60K$1.2M50xas long as short
Gate HYPE_USDT+0.0066%4h93.966−0.166%$44.2M$60.1M75xas long as short
Bullet HYPE-USD+0.0079%1h94.020−0.109%$112K$578K20xas long as short
OKX HYPE-USDT-SWAP+0.0088%8h93.962−0.170%$116.0M$323.0M50xas long as short
Lighter HYPE+0.0096%1h94.079−0.045%$18.9M$60.4M20xas long as short
Lighter RH HYPE+0.0096%1h94.055−0.071%$3.1M$12.3M20xas long as short
Aevo HYPE-PERP+0.0096%1h94.045−0.081%$400K$318K20xas long as short
Katana Perps HYPE-USD+0.0099%8h94.040−0.087%$36K$1.6M10xas long as short
Paradex HYPE-USD-PERP+0.0099%8h94.066−0.060%$342K$171K20xas long as short
Nado HYPE-PERP+0.0100%1h94.049−0.077%$6.7M$44.9M10xas long as short
Hyperliquid HYPElong+0.0100%1h94.122long leg$2.05B$680.0M10x
Pacifica HYPE+0.0100%1h94.071−0.054%$10.1M$14.5M20xas long as short
Bulk HYPE-USD+0.0100%1h93.889−0.248%$205K$7K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h94.016−0.113%$46.6M$18.6M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.974−0.157%$227.6M$102.2M75xas long as short
BingX HYPE-USDT+0.0100%4h93.959−0.173%$54.0Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h94.046−0.081%$7.9M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h93.812−0.329%$31.3M$54.2Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.864−0.275%$7.6M$45.5M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.817−0.324%$340K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.966−0.166%$679K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h94.055−0.071%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h94.070−0.055%$472K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h94.059−0.067%$76K$171K20xas long as short
SunX HYPE-USDT+0.0100%4h94.087−0.037%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h94.039−0.088%$2.0M$2.0M10xas long as short
Injective HYPE/USDC PERP+0.0104%1h94.410+0.306%$31K$338K12xas long as short
Extended HYPE-USD+0.0104%1h93.951−0.182%$18.4M$42.8M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0152%1h94.110−0.013%$4.9M$5.7M50xas long as short
Kalshi KXHYPEPERP+0.0157%8h94.091−0.033%$1.9M$5.1M2.3xas long as short
BloFin HYPE-USDT+0.0185%4h93.999−0.131%$17.0M$12.6M75xas long as short
HTX HYPE-USDT+0.0194%4h94.200+0.083%$1.5M$7.8M75xas long as short
Reya HYPERUSDPERP+0.0250%1h94.042−0.085%$77K$142K15xas long as short
RISEx HYPE/USDC+0.0284%1h94.091−0.033%$2.8M$6.8M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0163%1h94.066−0.059%$1.4M100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0473%1h94.154+0.034%$7.5M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0576%1h94.151+0.031%$21.1M$29.5M50xas long as short