Funding you earn now, next payment 20:00 UTC+0.0007%/8hpaid last 24h −0.004%
Price spread now: edgeX against Variational Omni+0.046%89s7-day average −0.006% · 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)+0.002%$0 on $10k
+Price spread, last 7 days−0.025%−$2 · spread now +0.046%, 7d avg −0.006%
=Together, before fees−0.022%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$2 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: edgeX is 0.052% dearer against Variational Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.006%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HYPE | 93.355 | 0.0100 | pay 0.0100% / 8h | 4h 08m | $29.1M | $49.0M | — |
| Short | edgeX HYPEUSDC | 93.397 | 0.0106 | get 0.0053% / 4h | 8m 06s | $5.1M | $28.9M | 30x |
Variational Omni HYPE
edgeX HYPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Variational Omni. 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
- $1.37
- Price spread: +0.046% → −0.006%
- $5.24
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$2.39
- Costs to cover
- 0.090%
- Break-even
- 19.3 days
Slippage unknown: Variational Omni: RFQ quote, just now; edgeX: live order book, 5 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 Variational Omni RFQ quote, just now | 0.42 bp | doesn't fit | 7.5 bp −$75 | 20.0 bp −$2,001 | doesn't fit |
| Sell edgeX live order book, 5 min ago | 0.32 bp | 4.8 bp −$5 | 5.3 bp −$53 | doesn't fit | 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 | −0.1040% | 1h | 93.359 | +0.005% | $196K | $243K | 7x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.365 | +0.011% | $3K | $331 | 25x | as long as short |
| Aftermath Perps HYPEUSD | −0.0010% | 1h | 93.359 | +0.005% | $22K | $22K | 10x | as long as short |
| Injective HYPE/USDC PERP | −0.0004% | 1h | 93.620 | +0.284% | $30K | $177K | 12x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.429 | +0.080% | $127K | $33K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.429 | +0.080% | $2.0M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.358 | +0.003% | $24K | $371K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0006% | 1h | 93.363 | +0.009% | $43K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0027% | 4h | 93.324 | −0.033% | $9.0M | $36.2M | 300x | as long as short |
| 01 Exchange HYPEUSD | +0.0048% | 1h | 93.363 | +0.009% | $90K | $323K | 20x | as long as short |
Hibachi HYPE/USDT-P
Hotstuff HYPE-PERP
Aftermath Perps HYPEUSD
Injective HYPE/USDC PERP
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
01 Exchange HYPEUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPE_USDT | +0.0080% | 4h | 93.317 | −0.040% | $44.2M | $56.1M | 75x | as long as short |
| Arcus HYPE-USD | +0.0082% | 1h | 93.321 | −0.036% | $1.2M | $4.0M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0087% | 8h | 93.290 | −0.069% | $325.3M | $286.5M | 75x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.387 | +0.034% | $18.7M | $58.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.363 | +0.009% | $3.1M | $12.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.342 | −0.013% | $56K | $1.3M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0098% | 4h | 93.337 | −0.019% | $182K | $505K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.360 | +0.006% | $21K | $1.8M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.338 | −0.017% | $6.4M | $43.6M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.360 | +0.006% | $10.1M | $14.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.334 | −0.022% | $390.4M | $869.9M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.295 | −0.064% | $114.6M | $313.7M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0100% | 1h | 93.320 | −0.037% | $701K | $946K | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.380 | +0.027% | $205K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.334 | −0.022% | $91.6M | $83.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.341 | −0.014% | $46.5M | $19.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.328 | −0.028% | $225.9M | $103.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.316 | −0.041% | — | $54.7M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.362 | +0.008% | $8.0M | $11.5M | 20x | as long as short |
| Variational Omni HYPElong | +0.0100% | 8h | 93.355 | long leg | $29.1M | $49.0M | — | |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.383 | +0.030% | $7.5M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.431 | +0.082% | $458K | $961K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.360 | +0.006% | $676K | $2.3M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.395 | +0.043% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.372 | +0.019% | $461K | $2.6M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.336 | −0.020% | $113K | $573K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.351 | −0.004% | $76K | $171K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.319 | −0.038% | $16.4M | $7.0M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.331 | −0.025% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.329 | −0.027% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.362 | +0.008% | $12.7M | $2.5M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0101% | 8h | 93.394 | +0.043% | $341K | $172K | 20x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.326 | −0.031% | $18.1M | $40.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.341 | −0.014% | $397K | $320K | 20x | as long as short |
| edgeX HYPEUSDCshort | +0.0106% | 4h | 93.397 | +0.046% | $5.1M | $28.9M | 30x | |
| Kraken Futures PF_HYPEUSD | +0.0151% | 1h | 93.402 | +0.051% | $16.3M | $20.9M | 50x | as long as short |
| Phoenix HYPE | +0.0172% | 1h | 93.443 | +0.095% | $208K | $954K | 10x | as long as short |
| Hyperliquid HYPE | +0.0184% | 1h | 93.412 | +0.062% | $2.03B | $660.5M | 10x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0200% | 1h | 93.430 | +0.081% | $4.9M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0242% | 1h | 93.332 | −0.024% | $77K | $157K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0264% | 1h | 93.436 | +0.087% | $7.4M | $4.6M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.351 | −0.003% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.374 | +0.021% | $17.4M | $12.3M | 75x | as long as short |
| HTX HYPE-USDT | +0.0408% | 4h | 93.512 | +0.169% | $1.5M | $7.4M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0516% | 1h | 93.412 | +0.061% | $2.7M | $6.4M | 20x | as long as short |
Gate HYPE_USDT
Arcus HYPE-USD
Bybit HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Orderly PERP_HYPE_USDC
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Ondo Perps HYPE-USD.P
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Extended HYPE-USD
Aevo HYPE-PERP
Kraken Futures PF_HYPEUSD
Phoenix HYPE
Hyperliquid HYPE
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
HTX HYPE-USDT
RISEx HYPE/USDC