Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Lighter−0.062%7-day average −0.054% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now −0.062%, 7d avg −0.054%
=Together, before fees+0.028%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HYPE | 93.407 | 0.0096 | pay 0.0012% / 1h | 2m 58s | $16.3M | $62.8M | 20x |
| Short | Variational Omni HYPE | 93.349 | 0.0100 | get 0.0100% / 8h | 6h 02m | $31.1M | $54.4M | — |
Lighter HYPE
Variational Omni HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- $0.84
- Price spread: −0.062% → −0.054%
- −$0.88
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$0.04
- Costs to cover
- 0.000%
- Break-even
- 7.3 days
Slippage unknown: Lighter: live order book, 6 min ago; Variational Omni: RFQ quote, 1 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 Lighter live order book, 6 min ago | 0.00 bp | 0.9 bp −$1 | 3.9 bp −$39 | 14.5 bp −$1,445 | 49.0 bp −$24.5K |
| Sell Variational Omni RFQ quote, 1 min ago | 0.42 bp | doesn't fit | 5.3 bp −$53 | 22.1 bp −$2,215 | doesn't fit |
HYPE on 54 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 | 93.340 | −0.071% | $196K | $227K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.282 | −0.134% | $1.2M | $3.8M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.404 | −0.003% | $3K | $331 | 25x | as long as short |
| Phemex HYPEUSDT | −0.0065% | 8h | 93.311 | −0.103% | $12.6M | $2.7M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0062% | 1h | 93.320 | −0.093% | $699K | $905K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0052% | 4h | 93.366 | −0.044% | $156K | $640K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0040% | 1h | 93.399 | −0.009% | $85K | $347K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0020% | 1h | 93.466 | +0.063% | $22K | $21K | 10x | as long as short |
| Aster HYPEUSDT | −0.0003% | 4h | 93.401 | −0.006% | $8.8M | $35.7M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.383 | −0.025% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Hotstuff HYPE-PERP
Phemex HYPEUSDT
Ondo Perps HYPE-USD.P
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
Aftermath Perps HYPEUSD
Aster HYPEUSDT
dYdX HYPE-USDShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.381 | −0.028% | $22K | $321K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.385 | −0.024% | $26K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0006% | 4h | 93.327 | −0.086% | — | $53.2M | — | as long as short |
| Bybit HYPEUSDT | +0.0014% | 8h | 93.290 | −0.125% | $320.0M | $276.5M | 75x | as long as short |
| Gate HYPE_USDT | +0.0016% | 4h | 93.313 | −0.101% | $44.3M | $55.4M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0017% | 1h | 93.292 | −0.123% | $7.4M | $10.4M | 20x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.424 | +0.018% | $210K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0074% | 4h | 93.345 | −0.066% | $88.1M | $83.5M | 100x | as long as short |
| Bullet HYPE-USD | +0.0076% | 1h | 93.388 | −0.020% | $112K | $578K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0076% | 8h | 93.304 | −0.110% | $114.6M | $302.2M | 50x | as long as short |
| Binance HYPEUSDT | +0.0080% | 4h | 93.327 | −0.086% | $379.7M | $880.2M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0085% | 4h | 93.295 | −0.120% | $5.0M | $30.0M | 30x | as long as short |
| Lighter HYPElong | +0.0096% | 1h | 93.407 | long leg | $16.3M | $62.8M | 20x | |
| Lighter RH HYPE | +0.0096% | 1h | 93.390 | −0.018% | $3.1M | $11.9M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.394 | −0.014% | $67K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.468 | +0.065% | $339K | $163K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.410 | +0.003% | $21K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.415 | +0.008% | $5.7M | $43.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.425 | +0.019% | $2.04B | $657.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.427 | +0.022% | $10.0M | $14.7M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.335 | −0.077% | $203K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.390 | −0.018% | $46.2M | $18.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.294 | −0.121% | $225.7M | $97.1M | 75x | as long as short |
| Variational Omni HYPEshort | +0.0100% | 8h | 93.349 | −0.062% | $31.1M | $54.4M | — | |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.360 | −0.051% | $7.5M | $46.9M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.340 | −0.072% | $337K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.464 | +0.061% | $667K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.447 | +0.043% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.411 | +0.004% | $475K | $2.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.340 | −0.072% | $79K | $170K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.351 | −0.059% | $16.2M | $7.7M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.496 | +0.095% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.393 | −0.015% | $2.0M | $1.9M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.362 | −0.049% | $18.3M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.381 | −0.028% | $397K | $172K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.410 | +0.003% | $4.9M | $5.4M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 94.180 | +0.828% | $31K | $339K | 12x | as long as short |
| HTX HYPE-USDT | +0.0196% | 4h | 93.510 | +0.110% | $1.4M | $5.9M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0210% | 1h | 93.483 | +0.081% | $3.2M | $6.7M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0256% | 1h | 93.365 | −0.045% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0279% | 8h | 93.454 | +0.050% | $1.9M | $4.8M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.383 | −0.026% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0392% | 1h | 93.471 | +0.069% | $7.4M | $4.4M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0682% | 1h | 93.459 | +0.055% | $20.8M | $29.9M | 50x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Bybit HYPEUSDT
Gate HYPE_USDT
Backpack HYPE_USDC_PERP
Phoenix HYPE
MEXC HYPE_USDT
Bullet HYPE-USD
OKX HYPE-USDT-SWAP
Binance HYPEUSDT
edgeX HYPEUSDC
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
RISEx HYPE/USDC
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD