Funding you earn now, next payment 06:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.025%
Price spread now: MEXC against Ondo Perps−0.097%7-day average +0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 7 days+0.376%+$38 · spread now −0.097%, 7d avg +0.011%
=Together, before fees+0.499%+ Points / potential airdropOndo Perps: Active · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.108% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.011%). If the spread goes back, that is −$11 on $10k: about 2.9 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.123% in total) that is about 6.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps HYPE-USD.P | 93.580 | −0.0024 | get 0.0003% / 1h | 50m 06s | $704K | $1.2M | 10x |
| Short | MEXC HYPE_USDT | 93.489 | 0.0100 | get 0.0050% / 4h | 2h 50m | $92.0M | $80.2M | 100x |
Ondo Perps HYPE-USD.P
MEXC HYPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $26.04
- Price spread: −0.097% → +0.011%
- −$10.78
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $6.26
- Costs to cover
- 0.090%
- Break-even
- 5.3 days
Slippage unknown: Ondo Perps: no order-book sample; MEXC: 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 MEXC live order book, 4 min ago | 0.05 bp | 2.1 bp −$2 | 2.8 bp −$28 | 12.2 bp −$1,218 | 37.1 bp −$18.6K |
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 | −0.1880% | 1h | 93.511 | −0.074% | $197K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0373% | 1h | 93.547 | −0.035% | $22K | $21K | 10x | as long as short |
| Bullet HYPE-USD | −0.0082% | 1h | 93.541 | −0.041% | $112K | $578K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.613 | +0.035% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0033% | 4h | 93.512 | −0.073% | $146K | $663K | 20x | as long as short |
| Ondo Perps HYPE-USD.Plong | −0.0024% | 1h | 93.580 | long leg | $704K | $1.2M | 10x | |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.615 | +0.037% | $88K | $365K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.608 | +0.030% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.556 | −0.025% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.557 | −0.025% | $62K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | +0.0011% | 1h | 93.574 | −0.006% | $1.0M | $3.9M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0018% | 8h | 93.489 | −0.097% | $12.6M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0020% | 4h | 93.479 | −0.108% | $226.2M | $99.1M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0024% | 8h | 93.480 | −0.107% | $317.9M | $283.6M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.701 | +0.129% | $210K | $1.2M | 10x | as long as short |
| edgeX HYPEUSDC | +0.0083% | 4h | 93.497 | −0.089% | $5.0M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.636 | +0.059% | $341K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.495 | −0.091% | $16.1M | $63.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.494 | −0.092% | $3.1M | $11.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.600 | +0.021% | $77K | $1.1M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.580 | 0.000% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.597 | +0.019% | $7.6M | $48.3M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.527 | −0.056% | $2.04B | $666.3M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.508 | −0.077% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.628 | +0.051% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.486 | −0.100% | $374.8M | $911.1M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.488 | −0.098% | $114.6M | $309.2M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.614 | +0.037% | $204K | $3K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.476 | −0.111% | $46.4M | $54.0M | 75x | as long as short |
| MEXC HYPE_USDTshort | +0.0100% | 4h | 93.489 | −0.097% | $92.0M | $80.2M | 100x | |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.530 | −0.053% | $46.8M | $18.7M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.485 | −0.102% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.516 | −0.068% | $7.3M | $10.8M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.649 | +0.073% | $28.7M | $56.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.576 | −0.005% | $7.5M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.516 | −0.068% | $343K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.661 | +0.087% | $670K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.647 | +0.072% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.602 | +0.024% | $490K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.493 | −0.093% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.486 | −0.101% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.580 | 0.000% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.463 | −0.125% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.650 | +0.075% | $1.4M | $6.4M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.454 | −0.134% | $18.2M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.526 | −0.058% | $395K | $161K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0120% | 8h | 93.666 | +0.092% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.570 | −0.011% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.550 | −0.032% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0268% | 1h | 93.544 | −0.039% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.548 | −0.034% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.673 | +0.099% | $16.9M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0341% | 1h | 93.526 | −0.057% | $20.8M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0381% | 1h | 93.572 | −0.009% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.666 | +0.092% | $3.2M | $6.3M | 20x | as long as short |
Arcus HYPE-USD
Phemex HYPEUSDT
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
Gate HYPE_USDT
KuCoin HYPEUSDTM
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
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC