Funding you earn now, next payment 04:31 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.021%
Price spread now: SoDEX against Perpl+0.004%7-day average −0.002% · 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)+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.004%, 7d avg −0.002%
=Together, before fees+0.011%+ Points / potential airdropPerpl: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl HYPE | 92.870 | 0 | get 0.0000% / 43m | 18m 08s | $22K | $293K | 10x |
| Short | SoDEX HYPE-USD | 92.874 | 0.0100 | get 0.0013% / 1h | 21m 08s | $2.0M | $2.0M | 10x |
Perpl HYPE
SoDEX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Perpl. 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
- $21
- Price spread: +0.004% → −0.002%
- $0.66
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$0.14
- Costs to cover
- 0.218%
- Break-even
- 7.0 days
Slippage unknown: Perpl: no order-book sample; SoDEX: live order book, 3 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 Perpl no order-book sample | — | — | — | — | — |
| Sell SoDEX live order book, 3 min ago | 0.22 bp | 7.1 bp −$7 | 12.8 bp −$128 | doesn't fit | doesn't fit |
Perpl: 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 | −0.1712% | 1h | 92.605 | −0.286% | $193K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0292% | 1h | 92.729 | −0.152% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 92.841 | −0.031% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.866 | −0.004% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0058% | 4h | 92.851 | −0.020% | $145K | $681K | 20x | as long as short |
| Bullet HYPE-USD | −0.0002% | 1h | 92.854 | −0.017% | $112K | $577K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.850 | −0.022% | $127K | $29K | 5x | as long as short |
| Perpl HYPElong | 0.0000% | 43m | 92.870 | long leg | $22K | $293K | 10x | |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.894 | +0.026% | $62K | — | 150x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0018% | 1h | 92.830 | −0.043% | $697K | $1.1M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
dYdX HYPE-USD
gTrade (Gains Network) HYPE/USD
Ondo Perps HYPE-USD.PShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange HYPEUSD | +0.0024% | 1h | 92.908 | +0.041% | $87K | $364K | 20x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 92.921 | +0.055% | $208K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0032% | 8h | 92.838 | −0.034% | $315.8M | $283.2M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0040% | 1h | 92.890 | +0.022% | $81K | $1.1M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0044% | 4h | 92.836 | −0.037% | $224.7M | $99.0M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0049% | 8h | 92.862 | −0.009% | $12.5M | $2.7M | 50x | as long as short |
| Gate HYPE_USDT | +0.0092% | 4h | 92.835 | −0.038% | $45.1M | $54.5M | 75x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.874 | +0.004% | $16.0M | $62.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.876 | +0.007% | $3.1M | $11.6M | 20x | as long as short |
| edgeX HYPEUSDC | +0.0098% | 4h | 92.694 | −0.190% | $4.9M | $29.6M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 92.874 | +0.004% | $339K | $163K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.870 | 0.000% | $34K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.805 | −0.070% | $7.4M | $46.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.875 | +0.005% | $2.02B | $666.7M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 92.847 | −0.025% | $8.7M | $36.2M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.854 | −0.017% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.881 | +0.012% | $373.5M | $906.5M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.832 | −0.041% | $114.1M | $303.9M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.709 | −0.174% | $202K | $13K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.864 | −0.006% | $91.3M | $81.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.881 | +0.012% | $46.1M | $18.4M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.847 | −0.025% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.879 | +0.010% | $7.2M | $11.2M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.768 | −0.110% | $28.5M | $57.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.808 | −0.067% | $7.5M | $46.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.725 | −0.156% | $340K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.765 | −0.113% | $667K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.877 | +0.007% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.908 | +0.041% | $487K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.892 | +0.024% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.858 | −0.013% | $16.0M | $7.6M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.903 | +0.036% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USDshort | +0.0100% | 1h | 92.874 | +0.004% | $2.0M | $2.0M | 10x | |
| HTX HYPE-USDT | +0.0100% | 4h | 92.995 | +0.135% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.843 | −0.029% | $18.0M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.861 | −0.009% | $393K | $164K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0121% | 8h | 92.725 | −0.156% | $1.8M | $5.4M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 92.900 | +0.032% | $4.7M | $5.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 92.956 | +0.093% | $20.7M | $29.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 93.150 | +0.302% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0266% | 1h | 92.873 | +0.003% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.893 | +0.025% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.872 | +0.002% | $16.8M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0450% | 1h | 92.967 | +0.105% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.924 | +0.058% | $3.2M | $6.4M | 20x | as long as short |
01 Exchange HYPEUSD
Phoenix HYPE
Bybit HYPEUSDT
Popdex HYPEUSDT
Bitget HYPEUSDT
Phemex HYPEUSDT
Gate HYPE_USDT
Lighter HYPE
Lighter RH HYPE
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC 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
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC