Funding you earn now, next payment 01:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.02 per $10,000 · paid last 24h −0.002%
Price spread now: dYdX against Ondo Perps+0.027%7-day average +0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.027%, 7d avg +0.084%
=Together, before fees−0.021%+ Points / potential airdropOndo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. dYdX is 0.056% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.027% now, against its 7-day average of +0.084%). If the spread goes back, that is −$6 on $10k: about 13 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps HYPE-USD.P | 93.810 | −0.0097 | get 0.0012% / 1h | 5m 12s | $710K | $958K | 10x |
| Short | dYdX HYPE-USD | 93.836 | −0.0082 | pay 0.0010% / 1h | 5m 12s | $129K | $31K | 5x |
Ondo Perps HYPE-USD.P
dYdX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Ondo Perps. 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
- $3.06
- Price spread: +0.027% → +0.084%
- −$5.63
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$17.57
- Costs to cover
- 0.150%
- Break-even
- 47.2 days
Slippage unknown: Ondo Perps: no order-book sample; dYdX: live order book, 4 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell dYdX live order book, 4 min ago | 25.82 bp | 30.8 bp −$31 | 37.7 bp −$377 | 143.0 bp −$14.3K | 1105.7 bp −$552.9K |
Ondo 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1112% | 1h | 93.814 | +0.004% | $199K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 93.716 | −0.100% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0198% | 1h | 93.898 | +0.093% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.Plong | −0.0097% | 1h | 93.810 | long leg | $710K | $958K | 10x | |
| dYdX HYPE-USDshort | −0.0082% | 1h | 93.836 | +0.027% | $129K | $31K | 5x | |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.830 | +0.021% | $85K | $359K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.842 | +0.034% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0048% | 1h | 93.816 | +0.007% | $113K | $580K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0047% | 8h | 93.811 | +0.001% | $12.8M | $2.6M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0034% | 4h | 93.790 | −0.021% | $159K | $643K | 20x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Phemex HYPEUSDT
Orderly PERP_HYPE_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPE_USDT | −0.0022% | 4h | 93.804 | −0.006% | $44.4M | $60.4M | 75x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.839 | +0.031% | $23K | $327K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.852 | +0.045% | $27K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0004% | 4h | 93.805 | −0.006% | $8.9M | $36.0M | 300x | as long as short |
| Derive HYPE-PERP | +0.0016% | 1h | 93.775 | −0.037% | $16.4M | $7.6M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0018% | 8h | 93.796 | −0.015% | $322.7M | $278.8M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 94.045 | +0.251% | $214K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0054% | 4h | 93.806 | −0.004% | $88.3M | $83.4M | 100x | as long as short |
| Binance HYPEUSDT | +0.0054% | 4h | 93.809 | −0.001% | $383.1M | $893.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0071% | 8h | 93.814 | +0.004% | $116.0M | $314.4M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0074% | 4h | 93.859 | +0.052% | $5.1M | $29.7M | 30x | as long as short |
| Bluefin HYPE-PERP | +0.0077% | 1h | 93.786 | −0.026% | $76K | $170K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.829 | +0.020% | $18.9M | $60.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.821 | +0.012% | $3.0M | $12.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.830 | +0.021% | $64K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.805 | −0.005% | $399K | $180K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.880 | +0.074% | $341K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.830 | +0.021% | $31K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.843 | +0.035% | $6.6M | $44.6M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.880 | +0.075% | $2.05B | $668.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.850 | +0.043% | $10.1M | $14.7M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.833 | +0.025% | $46.6M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.831 | +0.022% | $227.2M | $100.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.809 | −0.001% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.767 | −0.046% | $7.9M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.768 | −0.045% | $31.3M | $53.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.999 | +0.201% | $7.6M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.020 | +0.224% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.866 | +0.060% | $670K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.869 | +0.063% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.861 | +0.054% | $474K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.881 | +0.076% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.802 | −0.009% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.894 | +0.089% | $204K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.787 | −0.024% | $18.4M | $45.1M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.870 | +0.064% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 93.760 | −0.053% | $30K | $338K | 12x | as long as short |
| BloFin HYPE-USDT | +0.0216% | 4h | 93.818 | +0.009% | $17.1M | $12.1M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 93.868 | +0.062% | $2.7M | $6.7M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0245% | 8h | 93.899 | +0.095% | $1.9M | $5.1M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0252% | 1h | 93.820 | +0.011% | $79K | $143K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0157% | 1h | 93.843 | +0.035% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0367% | 4h | 94.000 | +0.203% | $1.5M | $5.9M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0400% | 1h | 93.903 | +0.099% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0673% | 1h | 93.890 | +0.085% | $20.9M | $29.7M | 50x | as long as short |
Gate HYPE_USDT
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Derive HYPE-PERP
Bybit HYPEUSDT
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
edgeX HYPEUSDC
Bluefin HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
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
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
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD