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 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Bulk against StandX+0.006%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$190.192% of the position
Long on StandXShort on Bulk
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.202%+$20 · spread now +0.006%, 7d avg +0.033%
Together, before fees+0.203%+ Points / potential airdropStandX: Active · farm board+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.027% cheaper against StandX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX HYPE-USD93.2270.0100pay 0.0013% / 1h19m 17s$674K$2.5M20x
ShortBulk HYPE-USD93.2320.0100get 0.0013% / 1h19m 17s$204K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against StandX. 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
$0
Price spread: +0.006% → +0.033%
−$2.69
Slippage, 4 orders
−$4.22
Fee StandX: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$21.91
Costs to cover
0.192%
Break-even
never at this rate
Slippage from StandX: live order book, 5 min ago; Bulk: live order book, 65 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 StandX live order book, 5 min ago1.29 bp5.3 bp −$55.5 bp −$5512.9 bp −$1,292doesn't fit
Sell Bulk live order book, 65 min ago0.53 bp4.6 bp −$56.4 bp −$6412.2 bp −$1,21831.8 bp −$15.9K

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
Aftermath Perps HYPEUSD−0.0431%1h93.140−0.093%$22K$22K10xas long as short
Hibachi HYPE/USDT-P−0.0336%1h93.216−0.012%$197K$230K7xas long as short
Arcus HYPE-USD−0.0131%1h93.133−0.101%$1.2M$4.0M10xas long as short
Ondo Perps HYPE-USD.P−0.0130%1h93.130−0.104%$699K$928K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.198−0.031%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0032%1h93.259+0.034%$90K$361K20xas long as short
Popdex HYPEUSDT−0.0008%1h93.221−0.006%$58K$1.2M50xas long as short
dYdX HYPE-USD0.0000%1h93.276+0.052%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.2270.000%$23K$331K10xas long as short
Aster HYPEUSDT+0.0001%4h93.224−0.003%$8.9M$35.9M300xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.266+0.042%$20K—150xas long as short
Bybit HYPEUSDT+0.0021%8h93.210−0.018%$322.9M$286.9M75xas long as short
Orderly PERP_HYPE_USDC+0.0021%4h93.242+0.016%$172K$518K20xas long as short
Phoenix HYPE+0.0034%1h93.293+0.071%$214K$1.2M10xas long as short
Bullet HYPE-USD+0.0045%1h93.212−0.016%$112K$579K20xas long as short
Derive HYPE-PERP+0.0047%1h93.185−0.045%$16.3M$7.0M10xas long as short
Gate HYPE_USDT+0.0054%4h93.235+0.009%$43.9M$58.6M75xas long as short
MEXC HYPE_USDT+0.0066%4h93.242+0.016%$90.3M$82.2M100xas long as short
Binance HYPEUSDT+0.0067%4h93.237+0.011%$381.9M$895.5M75xas long as short
edgeX HYPEUSDC+0.0079%4h93.210−0.019%$5.1M$29.7M30xas long as short
Lighter HYPE+0.0096%1h93.231+0.004%$18.6M$59.0M20xas long as short
Lighter RH HYPE+0.0096%1h93.238+0.012%$3.1M$12.2M20xas long as short
Aevo HYPE-PERP+0.0096%1h93.2270.000%$397K$318K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.203−0.026%$339K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.170−0.061%$35K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.216−0.011%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.271+0.047%$2.03B$669.2M10xas long as short
Pacifica HYPE+0.0100%1h93.208−0.020%$10.0M$14.4M20xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.214−0.014%$113.9M$314.3M50xas long as short
Bulk HYPE-USDshort+0.0100%1h93.232+0.006%$204K$8K10x
KuCoin HYPEUSDTM+0.0100%4h93.268+0.044%$47.0M$18.8M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.243+0.017%$226.0M$103.0M75xas long as short
BingX HYPE-USDT+0.0100%4h93.240+0.014%—$53.9M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.203−0.026%$7.8M$11.1M20xas long as short
Variational Omni HYPE+0.0100%8h93.153−0.079%$29.0M$50.6M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.258+0.033%$7.5M$46.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.262+0.038%$415K$1.0M50xas long as short
StandX HYPE-USDlong+0.0100%1h93.227long leg$674K$2.5M20x
Vest HYPE-PERP+0.0100%1h93.268+0.044%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.253+0.028%$493K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.243+0.017%$76K$167K20xas long as short
SunX HYPE-USDT+0.0100%4h93.210−0.018%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.175−0.056%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.170−0.061%$12.7M$2.6M50xas long as short
Extended HYPE-USD+0.0104%1h93.168−0.063%$18.2M$42.0M50xas long as short
Kalshi KXHYPEPERP+0.0113%8h93.301+0.079%$1.9M$5.3M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.220−0.008%$4.9M$5.7M50xas long as short
Injective HYPE/USDC PERP+0.0239%1h93.120−0.115%$30K$338K12xas long as short
HTX HYPE-USDT+0.0239%4h93.374+0.158%$1.5M$7.7M75xas long as short
Reya HYPERUSDPERP+0.0247%1h93.241+0.015%$77K$159K15xas long as short
BloFin HYPE-USDT+0.0257%4h93.255+0.030%$16.9M$12.5M75xas long as short
RISEx HYPE/USDC+0.0280%1h93.247+0.021%$2.7M$6.8M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0165%1h93.259+0.035%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0383%1h93.322+0.102%$7.4M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0466%1h93.289+0.066%$20.9M$29.0M50xas long as short