Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.066%
Price spread now: Bitget against Hyperliquid−0.081%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$270.275% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now −0.081%, 7d avg −0.019%
=Together, before fees−0.050%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.061% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HYPE | 93.934 | 0.0100 | pay 0.0013% / 1h | 7m 29s | $2.04B | $679.5M | 10x |
| Short | Bitget HYPEUSDT | 93.858 | 0.0100 | get 0.0050% / 4h | 7m 29s | $227.3M | $102.2M | 75x |
Hyperliquid HYPE
Bitget HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Hyperliquid. 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
- $0
- Price spread: −0.081% → −0.019%
- −$6.14
- Slippage, 4 orders
- −$6.5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$33.64
- Costs to cover
- 0.275%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; Bitget: live order book, 2 min ago.
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 Hyperliquid live order book, 7 min ago | 0.05 bp | 4.6 bp −$5 | 5.7 bp −$57 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.32 bp | 8.7 bp −$9 | 12.8 bp −$128 | doesn't fit | doesn't fit |
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 | −0.1320% | 1h | 93.960 | +0.027% | $199K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0379% | 1h | 93.902 | −0.034% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.780 | −0.164% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0117% | 1h | 93.830 | −0.111% | $705K | $917K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.824 | −0.117% | $86K | $368K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.921 | −0.014% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0004% | 4h | 93.877 | −0.061% | $170K | $593K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.941 | +0.008% | $128K | $30K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.862 | −0.077% | $23K | $329K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.893 | −0.044% | $27K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix HYPE | +0.0009% | 1h | 93.978 | +0.047% | $217K | $1.2M | 10x | as long as short |
| Derive HYPE-PERP | +0.0011% | 1h | 93.875 | −0.063% | $16.4M | $7.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0019% | 4h | 93.872 | −0.066% | $8.9M | $36.1M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0019% | 8h | 93.850 | −0.089% | $322.9M | $283.9M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0037% | 8h | 93.880 | −0.057% | $12.8M | $2.6M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0052% | 4h | 93.869 | −0.069% | $88.3M | $82.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0052% | 4h | 93.870 | −0.068% | $383.7M | $898.3M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0064% | 1h | 93.825 | −0.116% | $60K | $1.2M | 50x | as long as short |
| Gate HYPE_USDT | +0.0070% | 4h | 93.865 | −0.073% | $44.1M | $60.0M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0070% | 4h | 93.898 | −0.038% | $5.1M | $29.7M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0089% | 8h | 93.860 | −0.079% | $115.8M | $322.5M | 50x | as long as short |
| Bullet HYPE-USD | +0.0094% | 1h | 93.867 | −0.071% | $112K | $578K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.954 | +0.022% | $18.9M | $60.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.931 | −0.003% | $3.1M | $12.3M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.929 | −0.006% | $400K | $318K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.820 | −0.121% | $38K | $1.6M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.933 | −0.001% | $341K | $171K | 20x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.905 | −0.030% | $5.7M | $44.4M | 10x | as long as short |
| Hyperliquid HYPElong | +0.0100% | 1h | 93.934 | long leg | $2.04B | $679.5M | 10x | |
| Pacifica HYPE | +0.0100% | 1h | 93.927 | −0.007% | $10.1M | $14.5M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.889 | −0.048% | $205K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.874 | −0.064% | $46.5M | $18.6M | 75x | as long as short |
| Bitget HYPEUSDTshort | +0.0100% | 4h | 93.858 | −0.081% | $227.3M | $102.2M | 75x | |
| BingX HYPE-USDT | +0.0100% | 4h | 93.861 | −0.078% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.959 | +0.027% | $7.9M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.811 | −0.131% | $31.2M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.967 | +0.035% | $7.6M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.874 | −0.064% | $364K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.956 | +0.023% | $679K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.896 | −0.041% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.869 | −0.069% | $471K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.861 | −0.078% | $76K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.960 | +0.028% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.922 | −0.013% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.507% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.847 | −0.092% | $18.3M | $42.8M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 94.010 | +0.081% | $4.9M | $5.7M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0155% | 8h | 93.977 | +0.046% | $1.9M | $5.0M | 2.3x | as long as short |
| HTX HYPE-USDT | +0.0192% | 4h | 94.106 | +0.183% | $1.5M | $7.8M | 75x | as long as short |
| BloFin HYPE-USDT | +0.0206% | 4h | 93.947 | +0.014% | $17.0M | $12.6M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0250% | 1h | 93.863 | −0.076% | $77K | $142K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0271% | 1h | 94.029 | +0.101% | $7.5M | $4.6M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.895 | −0.041% | $2.8M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0163% | 1h | 93.896 | −0.041% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0577% | 1h | 94.026 | +0.098% | $21.0M | $29.5M | 50x | as long as short |
Phoenix HYPE
Derive HYPE-PERP
Aster HYPEUSDT
Bybit HYPEUSDT
Phemex HYPEUSDT
MEXC HYPE_USDT
Binance HYPEUSDT
Popdex HYPEUSDT
Gate HYPE_USDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Bullet HYPE-USD
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Katana Perps HYPE-USD
Paradex HYPE-USD-PERP
Nado HYPE-PERP
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
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
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
HTX HYPE-USDT
BloFin HYPE-USDT
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD