HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aevo against SoDEX−0.010%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$450.446% of the position

Long on SoDEX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.010%, 7d avg +0.004%

Together, before fees+0.006%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX HYPE-USD	93.632	0.0100	pay 0.0013% / 1h	48m 19s	$2.0M	$1.9M	10x
Short	Aevo HYPE-PERP	93.622	0.0104	get 0.0013% / 1h	48m 19s	$396K	$159K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. 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

Position, each leg$Hold fordaysFee SoDEXbpFee AevobpOrdersPrice spread, now −0.010%Rate

Funding earned: $0.84
Price spread: −0.010% → +0.004%: −$1.43
Slippage, 4 orders: −$20.65
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$45.23
Costs to cover: 0.446%
Break-even: 383.9 days

Slippage from SoDEX: live order book, 1 min ago; Aevo: live order book, 61 min ago.

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 SoDEX live order book, 1 min ago	0.59 bp	7.2 bp −$7	12.2 bp −$122	100.9 bp −$10.1K	doesn't fit
Sell Aevo live order book, 61 min ago	7.18 bp	15.2 bp −$15	17.4 bp −$174	19.6 bp −$1,957	doesn't fit

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	−0.1136%	1h	93.719	+0.093%	$199K	$242K	7x	as long as short
Aftermath Perps HYPEUSD	−0.0243%	1h	93.808	+0.188%	$22K	$21K	10x	as long as short
Ondo Perps HYPE-USD.P	−0.0133%	1h	93.610	−0.023%	$706K	$1.2M	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.589	−0.046%	$3K	$331	25x	as long as short
Bullet HYPE-USD	−0.0065%	1h	93.618	−0.015%	$111K	$580K	20x	as long as short
01 Exchange HYPEUSD	−0.0064%	1h	93.618	−0.015%	$86K	$371K	20x	as long as short
Bluefin HYPE-PERP	−0.0035%	1h	93.612	−0.021%	$79K	$156K	20x	as long as short
Orderly PERP_HYPE_USDC	−0.0020%	4h	93.610	−0.023%	$145K	$685K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.622	−0.011%	$128K	$29K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.624	−0.008%	$21K	$287K	10x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0002%	1h	93.657	+0.027%	$63K	—	150x	as long as short
Bybit HYPEUSDT	+0.0010%	8h	93.610	−0.023%	$316.2M	$288.0M	75x	as long as short
BingX HYPE-USDT	+0.0010%	4h	93.625	−0.007%	—	$53.7M	—	as long as short
Phoenix HYPE	+0.0017%	1h	93.780	+0.158%	$210K	$1.1M	10x	as long as short
Bitget HYPEUSDT	+0.0040%	4h	93.626	−0.006%	$225.5M	$99.6M	75x	as long as short
ApeX Omni HYPEUSDT	+0.0074%	1h	93.801	+0.180%	$348K	$1.0M	50x	as long as short
Phemex HYPEUSDT	+0.0074%	8h	93.656	+0.026%	$12.8M	$2.8M	50x	as long as short
Paradex HYPE-USD-PERP	+0.0083%	8h	93.647	+0.016%	$335K	$161K	20x	as long as short
Arcus HYPE-USD	+0.0084%	1h	93.590	−0.045%	$1.0M	$4.0M	10x	as long as short
edgeX HYPEUSDC	+0.0091%	4h	93.758	+0.135%	$5.0M	$30.5M	30x	as long as short
Derive HYPE-PERP	+0.0092%	1h	93.587	−0.048%	$16.3M	$7.4M	10x	as long as short
Lighter HYPE	+0.0096%	1h	93.631	−0.001%	$16.1M	$63.6M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.618	−0.015%	$3.1M	$11.1M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	93.598	−0.036%	$78K	$1.2M	50x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.600	−0.034%	$23K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.606	−0.028%	$7.4M	$50.9M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.707	+0.080%	$2.05B	$682.6M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	93.636	+0.004%	$8.9M	$37.4M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	93.670	+0.041%	$10.1M	$15.4M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	93.633	+0.001%	$375.2M	$931.1M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	93.624	−0.009%	$115.7M	$316.1M	50x	as long as short
Gate HYPE_USDT	+0.0100%	4h	93.624	−0.009%	$48.4M	$55.0M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	93.611	−0.022%	$88.8M	$83.3M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.660	+0.030%	$46.3M	$18.8M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.611	−0.022%	$7.2M	$10.8M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.670	+0.040%	$28.6M	$56.1M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.726	+0.100%	$7.6M	$48.1M	10x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.679	+0.050%	$679K	$2.8M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.685	+0.057%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.633	+0.001%	$470K	$2.8M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.681	+0.052%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USDlong	+0.0100%	1h	93.632	long leg	$2.0M	$1.9M	10x
HTX HYPE-USDT	+0.0100%	4h	93.799	+0.178%	$1.4M	$6.7M	75x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.731	+0.106%	$216K	$15K	10x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.596	−0.038%	$18.2M	$43.3M	50x	as long as short
Aevo HYPE-PERPshort	+0.0104%	1h	93.622	−0.010%	$396K	$159K	20x
Kalshi KXHYPEPERP	+0.0106%	8h	93.653	+0.022%	$1.8M	$5.6M	2.3x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0120%	1h	93.680	+0.051%	$4.7M	$6.1M	50x	as long as short
Injective HYPE/USDC PERP	+0.0205%	1h	93.670	+0.041%	$30K	$339K	12x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0262%	1h	93.715	+0.089%	$7.4M	$4.2M	50x	as long as short
Reya HYPERUSDPERP	+0.0271%	1h	93.602	−0.032%	$77K	$130K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0333% / S −0.0154%	1h	93.664	+0.035%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	93.600	−0.034%	$17.0M	$12.2M	75x	as long as short
Kraken Futures PF_HYPEUSD	+0.0415%	1h	93.702	+0.074%	$20.9M	$29.6M	50x	as long as short
RISEx HYPE/USDC	+0.0559%	1h	93.644	+0.013%	$3.2M	$6.4M	20x	as long as short