Funding you earn now, next payment 07:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.059%
Price spread now: BloFin against Lighter RH+0.001%61s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs+$36as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$180.178% of the position
Funding, last 7 days+0.533%+$53 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.001%, 7d avg −0.011%
=Together, before fees+0.469%+ Points / potential airdropLighter RH: Points live · farm board+$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 61 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 | Lighter RH HYPE | 93.571 | 0.0096 | pay 0.0012% / 1h | 27m 51s | $3.1M | $11.1M | 20x |
| Short | BloFin HYPE-USDT | 93.572 | 0.0340 | get 0.0170% / 4h | 1h 27m | $16.9M | $12.2M | 75x |
Lighter RH HYPE
BloFin HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $51.24
- Price spread: +0.001% → −0.011%
- $1.21
- Slippage, 4 orders
- −$5.8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $34.65
- Costs to cover
- 0.178%
- Break-even
- 2.3 days
Slippage from Lighter RH: live order book, 6 min ago; BloFin: 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, 6 min ago | 0.75 bp | 1.7 bp −$2 | 2.9 bp −$29 | 25.4 bp −$2,544 | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.05 bp | 7.3 bp −$7 | 10.0 bp −$100 | 17.5 bp −$1,746 | 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 | −0.0984% | 1h | 93.520 | −0.055% | $198K | $238K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0194% | 1h | 93.528 | −0.046% | $22K | $21K | 10x | as long as short |
| BingX HYPE-USDT | −0.0100% | 4h | 93.626 | +0.059% | — | $53.5M | — | as long as short |
| Ondo Perps HYPE-USD.P | −0.0081% | 1h | 93.500 | −0.076% | $703K | $1.2M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.553 | −0.019% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0076% | 1h | 93.552 | −0.020% | $111K | $579K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0040% | 1h | 93.575 | +0.004% | $86K | $367K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0018% | 4h | 93.531 | −0.043% | $145K | $683K | 20x | as long as short |
| Bluefin HYPE-PERP | −0.0008% | 1h | 93.564 | −0.007% | $79K | $155K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.519 | −0.055% | $128K | $26K | 5x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
BingX HYPE-USDT
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Bullet HYPE-USD
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Bluefin HYPE-PERP
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.570 | −0.001% | $20K | $290K | 10x | as long as short |
| Bybit HYPEUSDT | +0.0001% | 8h | 93.620 | +0.052% | $315.9M | $287.2M | 75x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.580 | +0.010% | $83K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0007% | 1h | 93.302 | −0.287% | $16.2M | $7.5M | 10x | as long as short |
| Phoenix HYPE | +0.0017% | 1h | 93.508 | −0.067% | $208K | $1.1M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0048% | 4h | 93.668 | +0.104% | $225.6M | $99.5M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0077% | 8h | 93.594 | +0.024% | $334K | $161K | 20x | as long as short |
| Arcus HYPE-USD | +0.0084% | 1h | 93.525 | −0.049% | $1.0M | $4.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0093% | 8h | 93.566 | −0.005% | $12.8M | $2.8M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0095% | 4h | 93.451 | −0.128% | $5.0M | $30.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.572 | +0.001% | $16.1M | $64.0M | 20x | as long as short |
| Lighter RH HYPElong | +0.0096% | 1h | 93.571 | long leg | $3.1M | $11.1M | 20x | |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.544 | −0.029% | $78K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.530 | −0.044% | $21K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.546 | −0.027% | $7.5M | $50.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.658 | +0.093% | $2.05B | $682.5M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.641 | +0.075% | $8.8M | $36.9M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.573 | +0.002% | $10.1M | $15.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.634 | +0.067% | $374.6M | $928.5M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.653 | +0.088% | $115.5M | $314.9M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.626 | +0.059% | $48.7M | $55.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.619 | +0.051% | $90.5M | $84.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.615 | +0.047% | $46.4M | $18.7M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.593 | +0.024% | $7.2M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.449 | −0.131% | $28.7M | $56.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.492 | −0.084% | $7.5M | $48.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.494 | −0.082% | $354K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.600 | +0.031% | $678K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.609 | +0.041% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.569 | −0.002% | $470K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.593 | +0.024% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.571 | 0.000% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.691 | +0.128% | $1.4M | $6.7M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.438 | −0.142% | $216K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.586 | +0.016% | $18.2M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.567 | −0.004% | $396K | $159K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0105% | 8h | 93.630 | +0.063% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0120% | 1h | 93.560 | −0.012% | $4.7M | $6.1M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0151% / S +0.0022% | 1h | 93.597 | +0.028% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0199% | 1h | 93.645 | +0.079% | $7.5M | $4.2M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 93.530 | −0.044% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0271% | 1h | 93.535 | −0.038% | $77K | $129K | 15x | as long as short |
| BloFin HYPE-USDTshort | +0.0340% | 4h | 93.572 | +0.001% | $16.9M | $12.2M | 75x | |
| Kraken Futures PF_HYPEUSD | +0.0415% | 1h | 93.644 | +0.078% | $20.9M | $29.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0559% | 1h | 93.590 | +0.020% | $3.2M | $6.3M | 20x | as long as short |
Perpl HYPE
Bybit HYPEUSDT
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
Phoenix HYPE
Bitget HYPEUSDT
Paradex HYPE-USD-PERP
Arcus HYPE-USD
Phemex HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC