Funding you earn now, next payment 23:00 UTC−0.0019%/8h= −2.0% APRpaid last 24h −0.023%
Price spread now: HTX against Injective+0.428%65s7-day average −0.135% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.253%−$225 on $10k
+Price spread, last 3 days (all we have)−0.440%−$44 · spread now +0.428%, 7d avg −0.135%
=The price spread pays, funding is against you. HTX is 0.564% dearer against Injective than usual: you sell high and buy low (spread +0.428% now, against its 7-day average of −0.135%): +$56 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 7 days (−2.253% in total) that is about 42 hours. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective HYPE/USDC PERP | 93.350 | 0.0239 | pay 0.0030% / 1h | 4m 15s | $30K | $338K | 12x |
| Short | HTX HYPE-USDT | 93.750 | 0.0220 | get 0.0110% / 4h | 1h 04m | $1.5M | $7.7M | 75x |
Injective HYPE/USDC PERP
HTX HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Injective. 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
- −$3.93
- Price spread: +0.428% → −0.135%
- $56.38
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $40.43
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 15 min ago; HTX: live order book, 5 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 Injective live order book, 15 min ago | 9.65 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 5 min ago | 0.80 bp | 8.5 bp −$9 | 12.3 bp −$123 | 43.6 bp −$4,365 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0483% | 1h | 93.360 | +0.011% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0424% | 1h | 93.420 | +0.075% | $197K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.506 | +0.167% | $1.2M | $3.9M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0127% | 1h | 93.500 | +0.161% | $699K | $899K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.591 | +0.258% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.603 | +0.271% | $91K | $358K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.615 | +0.284% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.593 | +0.260% | $23K | $330K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.599 | +0.267% | $27K | — | 150x | as long as short |
| Popdex HYPEUSDT | +0.0008% | 1h | 93.571 | +0.237% | $62K | $1.2M | 50x | as long as short |
Aftermath Perps HYPEUSD
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Popdex HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0008% | 4h | 93.567 | +0.232% | $8.9M | $35.7M | 300x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0016% | 4h | 93.584 | +0.251% | $176K | $524K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0020% | 8h | 93.560 | +0.225% | $323.9M | $281.3M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.456 | +0.114% | $214K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | +0.0059% | 1h | 93.569 | +0.235% | $112K | $577K | 20x | as long as short |
| MEXC HYPE_USDT | +0.0060% | 4h | 93.574 | +0.240% | $90.4M | $82.4M | 100x | as long as short |
| Derive HYPE-PERP | +0.0061% | 1h | 93.532 | +0.195% | $16.3M | $7.0M | 10x | as long as short |
| edgeX HYPEUSDC | +0.0063% | 4h | 93.210 | −0.150% | $5.1M | $29.6M | 30x | as long as short |
| Binance HYPEUSDT | +0.0064% | 4h | 93.575 | +0.241% | $384.1M | $885.8M | 75x | as long as short |
| Gate HYPE_USDT | +0.0064% | 4h | 93.572 | +0.238% | $44.1M | $58.9M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0093% | 8h | 93.520 | +0.182% | $12.7M | $2.6M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.626 | +0.295% | $18.6M | $59.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.610 | +0.279% | $3.1M | $12.2M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.579 | +0.246% | $398K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.585 | +0.252% | $340K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.600 | +0.268% | $29K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.538 | +0.202% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.598 | +0.266% | $2.04B | $664.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.625 | +0.294% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.554 | +0.219% | $114.4M | $312.9M | 50x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.594 | +0.261% | $47.1M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.595 | +0.262% | $227.0M | $102.6M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.563 | +0.228% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.601 | +0.269% | $7.9M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.352 | +0.003% | $30.8M | $51.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.317 | −0.035% | $7.5M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.209 | −0.151% | $415K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.453 | +0.110% | $676K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.564 | +0.229% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.588 | +0.255% | $495K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.571 | +0.237% | $76K | $166K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.622 | +0.291% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.575 | +0.241% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.280 | −0.075% | $204K | $8K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.556 | +0.221% | $18.3M | $41.7M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0120% | 8h | 93.583 | +0.250% | $1.9M | $5.2M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.660 | +0.332% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDTshort | +0.0220% | 4h | 93.750 | +0.428% | $1.5M | $7.7M | 75x | |
| Injective HYPE/USDC PERPlong | +0.0239% | 1h | 93.350 | long leg | $30K | $338K | 12x | |
| BloFin HYPE-USDT | +0.0242% | 4h | 93.400 | +0.054% | $16.9M | $12.4M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0248% | 1h | 93.556 | +0.221% | $77K | $159K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.637 | +0.307% | $2.7M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0340% / S −0.0165% | 1h | 93.593 | +0.261% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0359% | 1h | 93.675 | +0.348% | $7.4M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0464% | 1h | 93.696 | +0.371% | $20.9M | $28.9M | 50x | as long as short |
Aster HYPEUSDT
Orderly PERP_HYPE_USDC
Bybit HYPEUSDT
Phoenix HYPE
Bullet HYPE-USD
MEXC HYPE_USDT
Derive HYPE-PERP
edgeX HYPEUSDC
Binance HYPEUSDT
Gate HYPE_USDT
Phemex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
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
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
BloFin HYPE-USDT
Reya HYPERUSDPERP
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD