Funding you earn now, next payment 04:00 UTC−0.0163%/8h= −17.8% APRnext payment −$0.20 per $10,000 · paid last 24h −0.032%
Price spread now: SoDEX against Reya+0.040%7-day average +0.024% · 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)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.040%, 7d avg +0.024%
=Together, before fees−0.095%+ Points / potential airdropReya: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya HYPERUSDPERP | 92.751 | 0.0263 | pay 0.0033% / 1h | 12m 02s | $79K | $131K | 15x |
| Short | SoDEX HYPE-USD | 92.788 | 0.0100 | get 0.0013% / 1h | 12m 02s | $2.0M | $2.0M | 10x |
Reya HYPERUSDPERP
SoDEX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$34.14
- Price spread: +0.040% → +0.024%
- $1.57
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$46.57
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; SoDEX: 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 SoDEX live order book, 2 min ago | 0.05 bp | 7.2 bp −$7 | 12.4 bp −$124 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.715 | −0.039% | $1.1M | $3.8M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0272% | 1h | 92.740 | −0.012% | $194K | $227K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0246% | 1h | 92.752 | +0.001% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.793 | +0.045% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0064% | 4h | 92.750 | −0.001% | $157K | $667K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0008% | 1h | 92.783 | +0.034% | $87K | $361K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.780 | +0.031% | $127K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.776 | +0.027% | $22K | $302K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.793 | +0.045% | $62K | — | 150x | as long as short |
| Phemex HYPEUSDT | +0.0027% | 8h | 92.763 | +0.013% | $12.5M | $2.7M | 50x | as long as short |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Phemex HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet HYPE-USD | +0.0027% | 1h | 92.770 | +0.020% | $110K | $579K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0033% | 1h | 92.750 | −0.001% | $697K | $1.1M | 10x | as long as short |
| BingX HYPE-USDT | +0.0036% | 4h | 92.793 | +0.045% | — | $53.5M | — | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.820 | +0.074% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0046% | 8h | 92.781 | +0.032% | $316.8M | $280.9M | 75x | as long as short |
| Aster HYPEUSDT | +0.0051% | 4h | 92.779 | +0.029% | $8.7M | $36.2M | 300x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0093% | 8h | 92.792 | +0.044% | $113.7M | $303.6M | 50x | as long as short |
| Gate HYPE_USDT | +0.0094% | 4h | 92.788 | +0.040% | $44.5M | $55.4M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 92.791 | +0.043% | $339K | $163K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.796 | +0.048% | $16.0M | $62.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.805 | +0.058% | $3.1M | $11.7M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.760 | +0.009% | $69K | $1.1M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.740 | −0.012% | $38K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.768 | +0.019% | $6.9M | $45.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.841 | +0.097% | $2.02B | $663.8M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.790 | +0.042% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.792 | +0.044% | $372.8M | $902.2M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.760 | +0.009% | $202K | $13K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.788 | +0.040% | $88.1M | $81.0M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.765 | +0.015% | $46.1M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.789 | +0.041% | $224.6M | $98.7M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.783 | +0.034% | $7.3M | $11.1M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.669 | −0.089% | $28.7M | $57.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.765 | +0.015% | $7.5M | $46.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.732 | −0.021% | $350K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.801 | +0.054% | $667K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.814 | +0.068% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.781 | +0.032% | $468K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.759 | +0.008% | $79K | $170K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.763 | +0.013% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.810 | +0.063% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USDshort | +0.0100% | 1h | 92.788 | +0.040% | $2.0M | $2.0M | 10x | |
| HTX HYPE-USDT | +0.0100% | 4h | 92.914 | +0.176% | $1.4M | $6.2M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0102% | 4h | 92.706 | −0.049% | $5.0M | $29.6M | 30x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.766 | +0.016% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.785 | +0.036% | $392K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 93.000 | +0.268% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.840 | +0.096% | $4.7M | $5.5M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0233% | 8h | 92.825 | +0.080% | $1.8M | $5.4M | 2.3x | as long as short |
| Reya HYPERUSDPERPlong | +0.0263% | 1h | 92.751 | long leg | $79K | $131K | 15x | |
| Deribit HYPE_USDC-PERPETUAL | +0.0321% | 1h | 92.873 | +0.131% | $7.5M | $4.5M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.786 | +0.037% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0331% | 1h | 92.854 | +0.111% | $20.6M | $30.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.775 | +0.026% | $16.7M | $11.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.823 | +0.077% | $3.2M | $6.4M | 20x | as long as short |
Bullet HYPE-USD
Ondo Perps HYPE-USD.P
BingX HYPE-USDT
Phoenix HYPE
Bybit HYPEUSDT
Aster HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
edgeX HYPEUSDC
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
RISEx HYPE/USDC