Funding you earn now, next payment 02:00 UTC−0.0155%/8h= −17.0% APRnext payment −$0.19 per $10,000 · paid last 24h −0.028%
Price spread now: ApeX Omni against Reya+0.052%7-day average +0.015% · 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)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.498%−$50 · spread now +0.052%, 7d avg +0.015%
=Together, before fees−0.498%+ Points / potential airdropReya: Active · farm board−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.036% dearer against Reya than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of +0.015%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya HYPERUSDPERP | 93.658 | 0.0255 | pay 0.0032% / 1h | 16m 50s | $80K | $140K | 15x |
| Short | ApeX Omni HYPEUSDT | 93.706 | 0.0100 | get 0.0013% / 1h | 16m 50s | $339K | $1.0M | 50x |
Reya HYPERUSDPERP
ApeX Omni HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Reya. 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
- −$32.59
- Price spread: +0.052% → +0.015%
- $3.63
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$44.95
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 2 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 Reya no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 2 min ago | 3.04 bp | 8.1 bp −$8 | 11.3 bp −$113 | doesn't fit | doesn't fit |
Reya: 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 54 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 | −0.1040% | 1h | 93.615 | −0.045% | $197K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.537 | −0.129% | $1.2M | $3.8M | 10x | as long as short |
| Phemex HYPEUSDT | −0.0106% | 8h | 93.687 | +0.031% | $12.7M | $2.7M | 50x | as long as short |
| Aftermath Perps HYPEUSD | −0.0084% | 1h | 93.779 | +0.130% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.666 | +0.009% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0066% | 1h | 93.710 | +0.056% | $702K | $922K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0056% | 4h | 93.688 | +0.032% | $156K | $646K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0048% | 1h | 93.654 | −0.004% | $85K | $349K | 20x | as long as short |
| Backpack HYPE_USDC_PERP | −0.0031% | 1h | 93.664 | +0.007% | $7.8M | $10.3M | 20x | as long as short |
| Gate HYPE_USDT | −0.0010% | 4h | 93.726 | +0.073% | $44.4M | $55.2M | 75x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Phemex HYPEUSDT
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
Backpack HYPE_USDC_PERP
Gate HYPE_USDTShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | −0.0005% | 4h | 93.707 | +0.052% | $8.8M | $35.8M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.751 | +0.099% | $129K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.707 | +0.053% | $22K | $325K | 10x | as long as short |
| BingX HYPE-USDT | +0.0002% | 4h | 93.739 | +0.087% | — | $53.6M | — | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.726 | +0.073% | $26K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0013% | 8h | 93.699 | +0.044% | $321.6M | $279.8M | 75x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.766 | +0.116% | $213K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0066% | 4h | 93.737 | +0.085% | $88.9M | $83.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0070% | 4h | 93.751 | +0.100% | $381.2M | $889.2M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0071% | 8h | 93.703 | +0.048% | $115.3M | $307.5M | 50x | as long as short |
| Bullet HYPE-USD | +0.0073% | 1h | 93.711 | +0.057% | $111K | $577K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0085% | 4h | 93.690 | +0.035% | $5.1M | $30.0M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0096% | 8h | 93.720 | +0.067% | $340K | $164K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.752 | +0.101% | $16.4M | $62.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.772 | +0.122% | $3.1M | $11.9M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.662 | +0.005% | $67K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.713 | +0.059% | $399K | $175K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.660 | +0.003% | $21K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.638 | −0.020% | $5.7M | $44.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.838 | +0.193% | $2.05B | $666.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.703 | +0.048% | $10.1M | $14.7M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.752 | +0.101% | $46.4M | $18.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.766 | +0.116% | $227.1M | $98.3M | 75x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.748 | +0.096% | $31.1M | $54.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.737 | +0.085% | $7.6M | $47.0M | 10x | as long as short |
| ApeX Omni HYPEUSDTshort | +0.0100% | 1h | 93.706 | +0.052% | $339K | $1.0M | 50x | |
| StandX HYPE-USD | +0.0100% | 1h | 93.758 | +0.107% | $669K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.723 | +0.070% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.730 | +0.077% | $473K | $2.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.682 | +0.026% | $79K | $170K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.688 | +0.032% | $16.3M | $7.7M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.728 | +0.075% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.718 | +0.064% | $2.0M | $1.9M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.880 | +0.237% | $204K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.721 | +0.068% | $18.3M | $44.0M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.730 | +0.077% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 93.610 | −0.051% | $30K | $339K | 12x | as long as short |
| HTX HYPE-USDT | +0.0195% | 4h | 93.862 | +0.218% | $1.4M | $5.9M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0210% | 1h | 93.734 | +0.082% | $3.2M | $7.0M | 20x | as long as short |
| Reya HYPERUSDPERPlong | +0.0255% | 1h | 93.658 | long leg | $80K | $140K | 15x | |
| Kalshi KXHYPEPERP | +0.0280% | 8h | 93.777 | +0.127% | $1.9M | $4.9M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0156% | 1h | 93.730 | +0.077% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0401% | 1h | 93.812 | +0.165% | $7.4M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0680% | 1h | 93.821 | +0.174% | $21.0M | $29.8M | 50x | as long as short |
Aster HYPEUSDT
dYdX HYPE-USD
Perpl HYPE
BingX HYPE-USDT
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bullet HYPE-USD
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
RISEx HYPE/USDC
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD