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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 09:00 UTC−0.0388%/8h= −42.5% APRnext payment −$0.49 per $10,000 · paid last 24h −0.052%
Price spread now: Aftermath Perps against Lighter RH+0.241%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Lighter RHShort on Aftermath Perps
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Aftermath Perps is 0.241% dearer against Lighter RH than usual: you sell high and buy low (spread +0.241% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH HYPE94.3180.0096pay 0.0012% / 1h30m 55s$3.2M$10.3M20x
ShortAftermath Perps HYPEUSD94.545−0.0292pay 0.0037% / 1h30m 55s$22K$20K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter RH. 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
−$81.57
Price spread: +0.241% → 0.000%
$24.12
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$66.46
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 3 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 Lighter RH live order book, 3 min ago0.05 bp1.0 bp −$13.5 bp −$3528.8 bp −$2,883doesn'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−0.0824%1h94.246−0.076%$210K$271K7xas long as short
Bluefin HYPE-PERP−0.0615%1h94.289−0.031%$80K$150K20xas long as short
Aftermath Perps HYPEUSDshort−0.0292%1h94.545+0.241%$22K$20K10x
Bullet HYPE-USD−0.0258%1h94.287−0.033%$112K$577K20xas long as short
Ondo Perps HYPE-USD.P−0.0189%1h94.280−0.040%$701K$1.3M10xas long as short
Gate HYPE_USDT−0.0120%4h94.277−0.043%$51.4M$55.2M75xas long as short
Arcus HYPE-USD−0.0112%1h94.304−0.015%$1.0M$3.5M10xas long as short
01 Exchange HYPEUSD−0.0104%1h94.378+0.064%$89K$366K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h94.175−0.152%$3K$33125xas long as short
Bybit HYPEUSDT−0.0048%8h94.260−0.061%$317.5M$294.7M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_HYPEUSD−0.0048%1h94.310−0.008%$18.8M$35.5M50xas long as short
Orderly PERP_HYPE_USDC−0.0010%4h94.274−0.047%$147K$678K20xas long as short
dYdX HYPE-USD0.0000%1h94.222−0.101%$129K$94K5xas long as short
Kalshi KXHYPEPERP0.0000%8h94.384+0.070%$1.8M$5.6M2.3xas long as short
Perpl HYPE0.0000%43m94.348+0.032%$19K$285K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S 0.0000%1h94.344+0.028%$113K—150xas long as short
Phoenix HYPE+0.0008%1h94.289−0.031%$209K$1.2M10xas long as short
Derive HYPE-PERP+0.0010%1h94.234−0.089%$16.3M$7.5M10xas long as short
Coinbase International HYPE-PERP-INTX+0.0016%1h94.330+0.013%$4.7M$6.0M50xas long as short
Bitget HYPEUSDT+0.0030%4h94.277−0.043%$226.7M$98.6M75xas long as short
Vest HYPE-PERP+0.0037%1h94.378+0.064%—$190K5xas long as short
Paradex HYPE-USD-PERP+0.0043%8h94.240−0.082%$337K$154K20xas long as short
OKX HYPE-USDT-SWAP+0.0047%8h94.274−0.047%$117.6M$327.5M50xas long as short
Backpack HYPE_USDC_PERP+0.0057%1h94.263−0.058%$7.5M$10.4M20xas long as short
SoDEX HYPE-USD+0.0059%1h94.305−0.014%$2.1M$2.0M10xas long as short
edgeX HYPEUSDC+0.0080%4h94.360+0.044%$5.0M$30.9M30xas long as short
Lighter HYPE+0.0096%1h94.3180.000%$16.2M$62.8M20xas long as short
Lighter RH HYPElong+0.0096%1h94.318long leg$3.2M$10.3M20x
Popdex HYPEUSDT+0.0096%1h94.368+0.053%$148K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h94.300−0.019%$40K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h94.320+0.002%$7.2M$51.7M10xas long as short
Hyperliquid HYPE+0.0100%1h94.375+0.060%$2.07B$688.9M10xas long as short
Aster HYPEUSDT+0.0100%4h94.256−0.066%$9.5M$38.2M300xas long as short
Pacifica HYPE+0.0100%1h94.269−0.052%$10.1M$14.5M20xas long as short
Binance HYPEUSDT+0.0100%4h94.293−0.026%$379.7M$937.3M75xas long as short
Bulk HYPE-USD+0.0100%1h94.564+0.261%$220K$14K10xas long as short
MEXC HYPE_USDT+0.0100%4h94.273−0.048%$92.8M$86.6M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h94.268−0.053%$47.0M$19.1M75xas long as short
BingX HYPE-USDT+0.0100%4h94.273−0.048%—$53.6M—as long as short
Variational Omni HYPE+0.0100%8h94.619+0.320%$30.0M$56.3M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.643+0.345%$7.6M$44.6M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.293−0.027%$344K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h94.294−0.025%$693K$2.7M20xas long as short
Polymarket Perps HYPE-USD+0.0100%1h94.418+0.106%$498K$2.8M20xas long as short
SunX HYPE-USDT+0.0100%4h94.380+0.066%$32K$1.6M20xas long as short
HTX HYPE-USDT+0.0100%4h94.469+0.160%$1.4M$6.9M75xas long as short
Phemex HYPEUSDT+0.0100%8h94.326+0.008%$12.9M$2.9M50xas long as short
Extended HYPE-USD+0.0104%1h94.249−0.073%$18.3M$43.4M50xas long as short
Aevo HYPE-PERP+0.0104%1h94.411+0.098%$399K$153K20xas long as short
RISEx HYPE/USDC+0.0133%1h94.361+0.046%$3.1M$6.4M20xas long as short
Injective HYPE/USDC PERP+0.0153%1h95.170+0.903%$31K$340K12xas long as short
Reya HYPERUSDPERP+0.0271%1h94.305−0.013%$85K$104K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0312%1h94.412+0.100%$7.5M$4.4M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0330% / S −0.0156%1h94.360+0.045%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h94.295−0.024%$17.2M$12.5M75xas long as short