Settings8H · net · $10k
Funding arb · Price arb /

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0097%/8h= −10.7% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Pacifica+0.015%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica HYPE94.2890.0100pay 0.0013% / 1h34m 02s$10.2M$14.6M20x
ShortgTrade (Gains Network) HYPE/USD94.303L +0.0002% / S −0.0003%get 0.0000% / 1h34m 02s$27K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Pacifica. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$20.43
Price spread: +0.015% → 0.000%
$1.48
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$36.94
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 5 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 5 min ago0.05 bp4.6 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1448%1h94.155−0.143%$199K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h94.173−0.123%$1.2M$3.8M10xas long as short
Aftermath Perps HYPEUSD−0.0263%1h94.176−0.120%$22K$23K10xas long as short
Phemex HYPEUSDT−0.0259%8h94.233−0.059%$12.8M$2.6M50xas long as short
dYdX HYPE-USD−0.0178%1h94.245−0.047%$129K$31K5xas long as short
Ondo Perps HYPE-USD.P−0.0152%1h94.200−0.094%$710K$947K10xas long as short
Bullet HYPE-USD−0.0090%1h94.274−0.016%$113K$580K20xas long as short
01 Exchange HYPEUSD−0.0080%1h94.293+0.004%$86K$361K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h94.272−0.018%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0013%4h94.276−0.014%$161K$634K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HYPEUSDT−0.0013%8h94.250−0.041%$323.8M$280.7M75xas long as short
Perpl HYPE0.0000%43m94.304+0.016%$23K$327K10xas long as short
gTrade (Gains Network) HYPE/USDshortL +0.0002% / S −0.0003%1h94.303+0.015%$27K150x
Aster HYPEUSDT+0.0024%4h94.284−0.006%$8.9M$36.1M300xas long as short
Gate HYPE_USDT+0.0030%4h94.274−0.016%$44.6M$59.6M75xas long as short
Phoenix HYPE+0.0034%1h94.173−0.123%$219K$1.2M10xas long as short
Derive HYPE-PERP+0.0048%1h94.238−0.054%$16.5M$7.3M10xas long as short
MEXC HYPE_USDT+0.0050%4h94.282−0.007%$89.5M$82.4M100xas long as short
Binance HYPEUSDT+0.0051%4h94.271−0.019%$384.5M$893.6M75xas long as short
edgeX HYPEUSDC+0.0058%4h94.030−0.274%$5.1M$29.8M30xas long as short
OKX HYPE-USDT-SWAP+0.0082%8h94.275−0.015%$116.4M$319.7M50xas long as short
Lighter HYPE+0.0096%1h94.331+0.044%$19.1M$58.8M20xas long as short
Lighter RH HYPE+0.0096%1h94.295+0.006%$3.1M$12.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h94.279−0.011%$63K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h94.266−0.024%$401K$188K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h94.301+0.013%$343K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h94.280−0.010%$24K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h94.279−0.010%$6.7M$44.8M10xas long as short
Hyperliquid HYPE+0.0100%1h94.370+0.086%$2.06B$676.3M10xas long as short
Pacifica HYPElong+0.0100%1h94.289long leg$10.2M$14.6M20x
KuCoin HYPEUSDTM+0.0100%4h94.292+0.003%$46.7M$18.2M75xas long as short
Bitget HYPEUSDT+0.0100%4h94.282−0.007%$228.7M$100.9M75xas long as short
BingX HYPE-USDT+0.0100%4h94.272−0.018%$53.9Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h94.291+0.002%$7.7M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h94.220−0.073%$31.8M$54.0Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.045−0.259%$7.6M$45.6M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.252−0.039%$341K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h94.262−0.029%$682K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h94.299+0.010%$252K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h94.296+0.007%$481K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h94.279−0.011%$77K$171K20xas long as short
SunX HYPE-USDT+0.0100%4h94.356+0.071%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h94.262−0.029%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h94.120−0.179%$205K$4K10xas long as short
Extended HYPE-USD+0.0104%1h94.263−0.027%$19.1M$44.2M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h94.310+0.022%$5.0M$5.5M50xas long as short
BloFin HYPE-USDT+0.0204%4h94.247−0.045%$17.0M$12.3M75xas long as short
Injective HYPE/USDC PERP+0.0205%1h94.490+0.213%$31K$338K12xas long as short
Kalshi KXHYPEPERP+0.0213%8h94.344+0.058%$1.9M$5.1M2.3xas long as short
RISEx HYPE/USDC+0.0222%1h94.323+0.036%$2.8M$6.7M20xas long as short
Reya HYPERUSDPERP+0.0251%1h94.274−0.016%$79K$145K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0334% / S −0.0153%1h94.302+0.014%$1.5M100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0429%1h94.373+0.089%$7.5M$4.7M50xas long as short
HTX HYPE-USDT+0.0448%4h94.450+0.171%$1.5M$6.3M75xas long as short
Kraken Futures PF_HYPEUSD+0.0669%1h94.348+0.063%$21.1M$29.7M50xas long as short