Funding you earn now, next payment 23:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.003%
Price spread now: 01 Exchange against Ondo Perps+0.103%7-day average +0.114% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.103%, 7d avg +0.114%
=Together, before fees+0.084%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.114%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps HYPE-USD.P | 92.900 | 0.0009 | pay 0.0001% / 1h | 49m 26s | $697K | $921K | 10x |
| Short | 01 Exchange HYPEUSD | 92.996 | −0.0016 | pay 0.0002% / 1h | 49m 26s | $90K | $365K | 20x |
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$5.21
- Price spread: +0.103% → +0.114%
- −$1.09
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$18.3
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; 01 Exchange: live order book, 35 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 01 Exchange live order book, 35 min ago | 0.05 bp | 6.1 bp −$6 | 10.1 bp −$101 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0298% | 1h | 93.027 | +0.136% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 92.927 | +0.029% | $1.2M | $4.0M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.961 | +0.066% | $3K | $331 | 25x | as long as short |
| Hibachi HYPE/USDT-P | −0.0056% | 1h | 92.964 | +0.069% | $196K | $231K | 7x | as long as short |
| 01 Exchange HYPEUSDshort | −0.0016% | 1h | 92.996 | +0.103% | $90K | $365K | 20x | |
| Derive HYPE-PERP | −0.0002% | 1h | 92.860 | −0.043% | $16.3M | $7.1M | 10x | as long as short |
| Aster HYPEUSDT | 0.0000% | 4h | 92.952 | +0.056% | $8.9M | $36.0M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.009 | +0.117% | $127K | $32K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.031 | +0.141% | $1.9M | $5.3M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.957 | +0.062% | $23K | $331K | 10x | as long as short |
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Hibachi HYPE/USDT-P
Derive HYPE-PERP
Aster HYPEUSDT
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.029 | +0.139% | $20K | — | 150x | as long as short |
| Ondo Perps HYPE-USD.Plong | +0.0009% | 1h | 92.900 | long leg | $697K | $921K | 10x | |
| Popdex HYPEUSDT | +0.0016% | 1h | 92.971 | +0.076% | $57K | $1.2M | 50x | as long as short |
| Bybit HYPEUSDT | +0.0032% | 8h | 92.970 | +0.075% | $323.2M | $286.9M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.039 | +0.150% | $215K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0041% | 4h | 92.916 | +0.017% | $165K | $515K | 20x | as long as short |
| Gate HYPE_USDT | +0.0060% | 4h | 92.955 | +0.059% | $44.0M | $57.3M | 75x | as long as short |
| Bullet HYPE-USD | +0.0084% | 1h | 92.988 | +0.095% | $112K | $579K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.013 | +0.122% | $18.5M | $58.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.978 | +0.084% | $3.0M | $12.1M | 20x | as long as short |
| MEXC HYPE_USDT | +0.0098% | 4h | 92.982 | +0.088% | $90.1M | $81.4M | 100x | as long as short |
| Binance HYPEUSDT | +0.0098% | 4h | 93.000 | +0.108% | $382.7M | $892.0M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 92.961 | +0.066% | $338K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 92.960 | +0.065% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.955 | +0.059% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.002 | +0.110% | $2.02B | $670.9M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.981 | +0.087% | $10.0M | $14.3M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.976 | +0.082% | $113.9M | $314.0M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.884 | −0.017% | $203K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.997 | +0.104% | $47.1M | $19.1M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.003 | +0.111% | $225.4M | $102.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.979 | +0.085% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.936 | +0.039% | $7.8M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.887 | −0.014% | $28.9M | $50.5M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.983 | +0.089% | $7.5M | $45.3M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.016 | +0.125% | $411K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.000 | +0.108% | $673K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.003 | +0.111% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.007 | +0.115% | $492K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.933 | +0.036% | $75K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.019 | +0.128% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.913 | +0.014% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 92.959 | +0.064% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.939 | +0.042% | $18.3M | $42.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.912 | +0.013% | $395K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0108% | 4h | 92.923 | +0.025% | $5.0M | $29.5M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 92.950 | +0.054% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 92.820 | −0.086% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 92.985 | +0.092% | $77K | $158K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.029 | +0.139% | $2.7M | $6.8M | 20x | as long as short |
| HTX HYPE-USDT | +0.0292% | 4h | 93.139 | +0.257% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0340% / S −0.0159% | 1h | 93.016 | +0.125% | $1.5M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.975 | +0.081% | $17.0M | $12.4M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0385% | 1h | 93.019 | +0.128% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0467% | 1h | 93.040 | +0.150% | $20.7M | $28.5M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Popdex HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Gate HYPE_USDT
Bullet HYPE-USD
Lighter HYPE
Lighter RH HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
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
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
RISEx HYPE/USDC
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD