Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.013%
Price spread now: Bitget against Lighter RH−0.108%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$220.224% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days+0.121%+$12 · spread now −0.108%, 7d avg −0.007%
=Together, before fees+0.112%+ Points / potential airdropLighter RH: Points live · farm board+$11 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 0.101% cheaper against Lighter RH than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH HYPE | 93.428 | 0.0096 | pay 0.0012% / 1h | 48m 27s | $3.1M | $11.8M | 20x |
| Short | Bitget HYPEUSDT | 93.327 | 0.0100 | get 0.0050% / 4h | 2h 48m | $225.9M | $100.7M | 75x |
Lighter RH HYPE
Bitget HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 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: −0.108% → −0.007%
- −$10.08
- Slippage, 4 orders
- −$10.39
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$31.63
- Costs to cover
- 0.224%
- Break-even
- 270.6 days
Slippage from Lighter RH: live order book, 5 min ago; Bitget: live order book, 6 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 Lighter RH live order book, 5 min ago | 0.32 bp | 3.0 bp −$3 | 7.5 bp −$75 | 34.8 bp −$3,484 | doesn't fit |
| Sell Bitget live order book, 6 min ago | 0.38 bp | 8.5 bp −$9 | 11.4 bp −$114 | 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 | −0.1064% | 1h | 93.383 | −0.048% | $197K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.226 | −0.216% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0199% | 1h | 93.348 | −0.086% | $22K | $21K | 10x | as long as short |
| Backpack HYPE_USDC_PERP | −0.0136% | 1h | 93.390 | −0.041% | $7.8M | $10.6M | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0107% | 1h | 93.450 | +0.024% | $699K | $979K | 10x | as long as short |
| Gate HYPE_USDT | −0.0082% | 4h | 93.409 | −0.020% | $44.3M | $53.8M | 75x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.453 | +0.027% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.337 | −0.097% | $85K | $361K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0062% | 8h | 93.400 | −0.030% | $12.7M | $2.7M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0049% | 4h | 93.360 | −0.073% | $158K | $646K | 20x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
Backpack HYPE_USDC_PERP
Ondo Perps HYPE-USD.P
Gate HYPE_USDT
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Phemex HYPEUSDT
Orderly PERP_HYPE_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | −0.0019% | 4h | 93.461 | +0.035% | $8.9M | $36.2M | 300x | as long as short |
| ApeX Omni HYPEUSDT | −0.0006% | 1h | 93.312 | −0.124% | $337K | $1.1M | 50x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.455 | +0.029% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.368 | −0.064% | $22K | $333K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.429 | +0.001% | $26K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0012% | 4h | 93.342 | −0.092% | — | $54.2M | — | as long as short |
| Bybit HYPEUSDT | +0.0021% | 8h | 93.340 | −0.094% | $319.4M | $283.0M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0038% | 4h | 93.103 | −0.348% | $5.0M | $29.8M | 30x | as long as short |
| MEXC HYPE_USDT | +0.0042% | 4h | 93.380 | −0.051% | $87.7M | $82.1M | 100x | as long as short |
| Binance HYPEUSDT | +0.0047% | 4h | 93.341 | −0.093% | $380.5M | $904.5M | 75x | as long as short |
| Derive HYPE-PERP | +0.0053% | 1h | 93.353 | −0.081% | $16.2M | $7.6M | 10x | as long as short |
| Bluefin HYPE-PERP | +0.0056% | 1h | 93.390 | −0.041% | $79K | $173K | 20x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.190 | −0.255% | $212K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | +0.0061% | 1h | 93.389 | −0.042% | $111K | $578K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0065% | 8h | 93.340 | −0.094% | $115.1M | $315.4M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0088% | 1h | 93.382 | −0.050% | $397K | $177K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.429 | +0.001% | $16.4M | $62.2M | 20x | as long as short |
| Lighter RH HYPElong | +0.0096% | 1h | 93.428 | long leg | $3.1M | $11.8M | 20x | |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.332 | −0.103% | $64K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.395 | −0.035% | $339K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.350 | −0.083% | $37K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.356 | −0.078% | $6.6M | $44.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.425 | −0.003% | $2.04B | $672.9M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.419 | −0.010% | $10.0M | $14.7M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.459 | +0.033% | $46.0M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDTshort | +0.0100% | 4h | 93.327 | −0.108% | $225.9M | $100.7M | 75x | |
| Variational Omni HYPE | +0.0100% | 8h | 93.281 | −0.158% | $30.9M | $55.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.172 | −0.274% | $7.5M | $46.9M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.508 | +0.086% | $667K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.410 | −0.019% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.362 | −0.071% | $467K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.483 | +0.059% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.388 | −0.043% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.250 | −0.191% | $203K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.292 | −0.145% | $18.4M | $44.4M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.500 | +0.077% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 93.440 | +0.013% | $30K | $338K | 12x | as long as short |
| BloFin HYPE-USDT | +0.0175% | 4h | 93.407 | −0.022% | $17.0M | $12.1M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0210% | 1h | 93.378 | −0.054% | $2.7M | $6.7M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0253% | 1h | 93.298 | −0.139% | $79K | $142K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0258% | 8h | 93.590 | +0.173% | $1.9M | $5.2M | 2.3x | as long as short |
| HTX HYPE-USDT | +0.0267% | 4h | 93.558 | +0.139% | $1.5M | $6.1M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0334% / S −0.0158% | 1h | 93.427 | −0.001% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0499% | 1h | 93.502 | +0.079% | $7.5M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0682% | 1h | 93.495 | +0.072% | $20.9M | $29.9M | 50x | as long as short |
Aster HYPEUSDT
ApeX Omni HYPEUSDT
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Bybit HYPEUSDT
edgeX HYPEUSDC
MEXC HYPE_USDT
Binance HYPEUSDT
Derive HYPE-PERP
Bluefin HYPE-PERP
Phoenix HYPE
Bullet HYPE-USD
OKX HYPE-USDT-SWAP
Aevo HYPE-PERP
Lighter HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
BloFin HYPE-USDT
RISEx HYPE/USDC
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD