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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 03:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.014%
Price spread now: Aftermath Perps against SoDEX+0.095%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on SoDEXShort on Aftermath Perps
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
The price spread pays, funding is against you. Aftermath Perps is 0.095% dearer against SoDEX than usual: you sell high and buy low (spread +0.095% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX HYPE-USD93.1580.0100pay 0.0013% / 1h55m 44s$2.0M$1.9M10x
ShortAftermath Perps HYPEUSD93.2470.0017get 0.0002% / 1h55m 44s$22K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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

Funding earned
−$17.42
Price spread: +0.095% → 0.000%
$9.54
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$24.88
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: SoDEX: live order book, 3 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 3 min ago0.05 bp6.4 bp −$612.6 bp −$12697.7 bp −$9,770doesn't fit
Sell Aftermath Perps no order-book sample—————
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1136%1h93.001−0.168%$195K$226K7xas long as short
Arcus HYPE-USD−0.0899%1h93.118−0.043%$1.2M$3.8M10xas long as short
Bluefin HYPE-PERP−0.0323%1h93.126−0.034%$79K$170K20xas long as short
Bullet HYPE-USD−0.0107%1h93.171+0.014%$111K$578K20xas long as short
01 Exchange HYPEUSD−0.0088%1h93.260+0.109%$85K$346K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.220+0.067%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0050%4h93.139−0.020%$155K$639K20xas long as short
Phemex HYPEUSDT−0.0038%8h93.176+0.019%$12.6M$2.7M50xas long as short
Aster HYPEUSDT−0.0004%4h93.124−0.036%$8.8M$35.3M300xas long as short
dYdX HYPE-USD0.0000%1h93.190+0.034%$128K$31K5xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.224+0.070%$22K$321K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.174+0.017%$25K—150xas long as short
Ondo Perps HYPE-USD.P+0.0006%1h92.990−0.180%$696K$905K10xas long as short
BingX HYPE-USDT+0.0008%4h92.988−0.182%—$53.2M—as long as short
Bybit HYPEUSDT+0.0015%8h92.995−0.175%$320.2M$275.7M75xas long as short
Aftermath Perps HYPEUSDshort+0.0017%1h93.247+0.095%$22K$21K10x
Gate HYPE_USDT+0.0028%4h93.091−0.072%$44.4M$54.2M75xas long as short
Phoenix HYPE+0.0060%1h93.056−0.109%$210K$1.2M10xas long as short
MEXC HYPE_USDT+0.0076%4h93.104−0.058%$87.7M$79.8M100xas long as short
Binance HYPEUSDT+0.0077%4h93.013−0.156%$378.2M$873.5M75xas long as short
OKX HYPE-USDT-SWAP+0.0077%8h92.996−0.174%$114.2M$299.9M50xas long as short
edgeX HYPEUSDC+0.0083%4h93.256+0.105%$5.0M$30.1M30xas long as short
Lighter HYPE+0.0096%1h93.027−0.140%$16.3M$61.3M20xas long as short
Lighter RH HYPE+0.0096%1h93.020−0.148%$3.1M$11.5M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.242+0.090%$68K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.301+0.154%$339K$162K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.240+0.088%$12K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.180+0.023%$5.7M$43.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.098−0.064%$2.03B$659.2M10xas long as short
Pacifica HYPE+0.0100%1h93.206+0.051%$10.0M$14.6M20xas long as short
Bulk HYPE-USD+0.0100%1h93.335+0.190%$203K$10K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.124−0.036%$46.0M$18.0M75xas long as short
Bitget HYPEUSDT+0.0100%4h92.978−0.193%$225.0M$96.8M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.096−0.067%$7.3M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h93.170+0.012%$31.0M$54.3M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.215+0.062%$7.5M$46.5M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.222+0.069%$337K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.114−0.047%$664K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.229+0.076%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.248+0.097%$474K$2.4M20xas long as short
Derive HYPE-PERP+0.0100%1h93.135−0.024%$16.2M$7.6M10xas long as short
SunX HYPE-USDT+0.0100%4h93.272+0.122%$32K$1.6M20xas long as short
SoDEX HYPE-USDlong+0.0100%1h93.158long leg$2.0M$1.9M10x
Extended HYPE-USD+0.0104%1h93.070−0.095%$18.3M$43.5M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.145−0.014%$396K$170K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.220+0.067%$4.9M$5.4M50xas long as short
HTX HYPE-USDT+0.0214%4h93.350+0.206%$1.4M$5.9M75xas long as short
Reya HYPERUSDPERP+0.0256%1h93.204+0.049%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0273%8h93.333+0.188%$1.9M$4.8M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0156%1h93.214+0.060%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0437%1h93.255+0.104%$7.4M$4.4M50xas long as short
RISEx HYPE/USDC+0.0510%1h93.352+0.209%$3.2M$6.7M20xas long as short
Injective HYPE/USDC PERP+0.0519%1h92.900−0.277%$30K$338K12xas long as short
Kraken Futures PF_HYPEUSD+0.0686%1h93.236+0.083%$20.8M$29.9M50xas long as short