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

HYPE

all HYPE markets
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Alert: funding
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Alert: spread
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Funding you earn now, next payment 03:00 UTC−0.0083%/8h= −9.1% APRpaid last 24h −0.016%
Price spread now: Aster against Polymarket Perps+0.013%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$180.183% of the position
Long on Polymarket PerpsShort on Aster
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 7 days+0.111%+$11 · spread now +0.013%, 7d avg +0.039%
Together, before fees+0.115%+ Points / potential airdropAster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.026% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.039%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps HYPE-USD93.3810.0100pay 0.0013% / 1h36m 01s$472K$2.5M20x
ShortAster HYPEUSDT93.3930.0017get 0.0009% / 4h1h 36m$8.8M$35.5M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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
−$17.37
Price spread: +0.013% → +0.039%
−$2.64
Slippage, 4 orders
−$2.28
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$38.28
Costs to cover
0.183%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 3 min ago; Aster: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 3 min ago0.21 bp4.2 bp −$45.8 bp −$5811.5 bp −$1,152doesn't fit
Sell Aster live order book, 3 min ago0.80 bp4.8 bp −$55.3 bp −$5314.1 bp −$1,411doesn't fit

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−0.1296%1h93.292−0.095%$196K$226K7xas long as short
Arcus HYPE-USD−0.0899%1h93.254−0.136%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0085%1h93.340−0.044%$699K$982K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.343−0.041%$3K$33125xas long as short
Phemex HYPEUSDT−0.0062%8h93.367−0.015%$12.6M$2.7M50xas long as short
01 Exchange HYPEUSD−0.0056%1h93.351−0.032%$85K$344K20xas long as short
Aftermath Perps HYPEUSD−0.0053%1h93.379−0.003%$22K$21K10xas long as short
Orderly PERP_HYPE_USDC−0.0045%4h93.354−0.029%$155K$634K20xas long as short
Bullet HYPE-USD−0.0016%1h93.392+0.012%$112K$577K20xas long as short
dYdX HYPE-USD0.0000%1h93.361−0.022%$128K$31K5xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.398+0.018%$23K$322K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.414+0.036%$62K—150xas long as short
Aster HYPEUSDTshort+0.0017%4h93.393+0.013%$8.8M$35.5M300x
Phoenix HYPE+0.0026%1h93.398+0.018%$213K$1.2M10xas long as short
BingX HYPE-USDT+0.0026%4h93.385+0.004%—$53.0M—as long as short
Bybit HYPEUSDT+0.0032%8h93.382+0.001%$321.3M$277.1M75xas long as short
Gate HYPE_USDT+0.0058%4h93.393+0.013%$44.6M$54.8M75xas long as short
OKX HYPE-USDT-SWAP+0.0078%8h93.387+0.006%$114.2M$302.0M50xas long as short
Lighter HYPE+0.0096%1h93.417+0.039%$16.3M$61.6M20xas long as short
Lighter RH HYPE+0.0096%1h93.406+0.027%$3.1M$11.6M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.341−0.043%$69K$1.2M50xas long as short
MEXC HYPE_USDT+0.0096%4h93.400+0.020%$89.9M$80.7M100xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.431+0.054%$339K$162K20xas long as short
Binance HYPEUSDT+0.0098%4h93.412+0.033%$378.8M$876.6M75xas long as short
Katana Perps HYPE-USD+0.0100%8h93.340−0.044%$17K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.388+0.007%$5.8M$43.3M10xas long as short
Hyperliquid HYPE+0.0100%1h93.472+0.097%$2.04B$653.5M10xas long as short
Pacifica HYPE+0.0100%1h93.412+0.033%$10.0M$14.6M20xas long as short
Bulk HYPE-USD+0.0100%1h93.580+0.213%$204K$10K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.414+0.035%$45.9M$18.1M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.399+0.019%$225.9M$96.6M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.377−0.004%$7.4M$10.3M20xas long as short
Variational Omni HYPE+0.0100%8h93.367−0.015%$31.1M$53.9M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.307−0.079%$7.5M$45.6M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.310−0.076%$339K$999K50xas long as short
StandX HYPE-USD+0.0100%1h93.386+0.005%$666K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.392+0.011%—$243K5xas long as short
Polymarket Perps HYPE-USDlong+0.0100%1h93.381long leg$472K$2.5M20x
Bluefin HYPE-PERP+0.0100%1h93.375−0.006%$79K$170K20xas long as short
Derive HYPE-PERP+0.0100%1h93.373−0.009%$16.2M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h93.449+0.073%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.401+0.021%$2.0M$1.9M10xas long as short
Extended HYPE-USD+0.0104%1h93.373−0.008%$18.4M$43.6M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.393+0.013%$397K$162K20xas long as short
edgeX HYPEUSDC+0.0108%4h93.349−0.034%$5.1M$29.6M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.420+0.042%$4.8M$5.6M50xas long as short
HTX HYPE-USDT+0.0194%4h93.546+0.177%$1.4M$6.0M75xas long as short
Reya HYPERUSDPERP+0.0258%1h93.358−0.024%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0277%8h93.458+0.082%$1.9M$5.0M2.3xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0328%1h93.481+0.107%$7.5M$4.4M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0156%1h93.410+0.031%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0336%4h93.364−0.018%$17.0M$11.6M75xas long as short
RISEx HYPE/USDC+0.0510%1h93.453+0.077%$3.2M$6.4M20xas long as short
Injective HYPE/USDC PERP+0.0519%1h93.180−0.215%$30K$339K12xas long as short
Kraken Futures PF_HYPEUSD+0.0685%1h93.444+0.067%$20.8M$29.9M50xas long as short