HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.027%

Price spread now: Aftermath Perps against 01 Exchange+0.093%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 4 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 0.093% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange HYPEUSD	95.345	−0.0032	get 0.0004% / 1h	9m 53s	$101K	$355K	20x
Short	Aftermath Perps HYPEUSD	95.434	−0.0080	pay 0.0010% / 1h	9m 53s	$22K	$17K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against 01 Exchange. 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 01 ExchangebpFee Aftermath PerpsbpOrdersPrice spread, now +0.093%Rate

Funding earned: −$10.14
Price spread: +0.093% → 0.000%: $9.34
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$16.81
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: 01 Exchange: live order book, 32 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange live order book, 32 min ago	0.37 bp	8.2 bp −$8	20.4 bp −$204	doesn't fit	doesn'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 55 exchanges

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
Kraken Futures PF_HYPEUSD	−0.0280%	1h	95.343	−0.002%	$18.2M	$31.9M	50x	as long as short
Phemex HYPEUSDT	−0.0248%	8h	95.364	+0.020%	$13.0M	$2.2M	50x	as long as short
Bluefin HYPE-PERP	−0.0190%	1h	95.293	−0.055%	$79K	$131K	20x	as long as short
Aster HYPEUSDT	−0.0106%	4h	95.368	+0.024%	$9.0M	$34.5M	300x	as long as short
Orderly PERP_HYPE_USDC	−0.0081%	4h	95.318	−0.028%	$146K	$642K	20x	as long as short
Aftermath Perps HYPEUSDshort	−0.0080%	1h	95.434	+0.093%	$22K	$17K	10x
Hotstuff HYPE-PERP	−0.0080%	1h	95.137	−0.218%	$3K	$421	25x	as long as short
Coinbase International HYPE-PERP-INTX	−0.0064%	1h	95.350	+0.005%	$4.7M	$5.4M	50x	as long as short
Ondo Perps HYPE-USD.P	−0.0054%	1h	95.310	−0.037%	$678K	$1.2M	10x	as long as short
Gate HYPE_USDT	−0.0042%	4h	95.400	+0.058%	$57.4M	$54.1M	75x	as long as short

Show all 55 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX HYPE-USDT-SWAP	−0.0041%	8h	95.400	+0.058%	$119.2M	$304.6M	50x	as long as short
01 Exchange HYPEUSDlong	−0.0032%	1h	95.345	long leg	$101K	$355K	20x
Phoenix HYPE	−0.0017%	1h	95.703	+0.375%	$197K	$1.1M	10x	as long as short
Bitget HYPEUSDT	−0.0016%	4h	95.391	+0.048%	$229.9M	$86.1M	75x	as long as short
Lighter HYPE	0.0000%	1h	95.327	−0.019%	$16.7M	$56.2M	20x	as long as short
Perpl HYPE	0.0000%	43m	95.370	+0.026%	$24K	$246K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0002%	1h	95.355	+0.010%	$66K	—	150x	as long as short
Backpack HYPE_USDC_PERP	+0.0019%	1h	95.296	−0.051%	$6.8M	$12.3M	20x	as long as short
edgeX HYPEUSDC	+0.0034%	4h	95.519	+0.183%	$5.1M	$28.2M	30x	as long as short
Binance HYPEUSDT	+0.0041%	4h	95.405	+0.063%	$388.1M	$844.5M	75x	as long as short
MEXC HYPE_USDT	+0.0046%	4h	95.394	+0.051%	$88.8M	$84.7M	100x	as long as short
KuCoin HYPEUSDTM	+0.0046%	4h	95.388	+0.045%	$47.8M	$17.7M	75x	as long as short
BingX HYPE-USDT	+0.0046%	4h	95.393	+0.050%	—	$50.7M	—	as long as short
Bybit HYPEUSDT	+0.0050%	8h	95.403	+0.061%	$323.7M	$262.9M	75x	as long as short
Derive HYPE-PERP	+0.0063%	1h	95.280	−0.068%	$16.4M	$5.7M	10x	as long as short
Bullet HYPE-USD	+0.0082%	1h	95.354	+0.009%	$113K	$582K	20x	as long as short
dYdX HYPE-USD	+0.0084%	1h	95.399	+0.057%	$128K	$96K	5x	as long as short
Lighter RH HYPE	+0.0096%	1h	95.343	−0.002%	$3.0M	$10.3M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	95.347	+0.002%	$246K	$1.1M	50x	as long as short
Aevo HYPE-PERP	+0.0096%	1h	95.325	−0.021%	$403K	$115K	20x	as long as short
Paradex HYPE-USD-PERP	+0.0096%	8h	95.391	+0.048%	$340K	$30K	20x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	95.310	−0.037%	$17K	$1.5M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	95.318	−0.028%	$5.3M	$50.1M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	95.424	+0.083%	$2.11B	$631.6M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	95.422	+0.081%	$10.3M	$12.5M	20x	as long as short
Arcus HYPE-USD	+0.0100%	1h	95.413	+0.071%	$1.1M	$2.7M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	95.627	+0.295%	$230K	$20K	10x	as long as short
Variational Omni HYPE	+0.0100%	8h	95.369	+0.025%	$30.4M	$51.9M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	95.541	+0.206%	$7.7M	$41.1M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	95.611	+0.279%	$335K	$922K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	95.375	+0.031%	$694K	$2.7M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	95.429	+0.089%	—	$80K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	95.351	+0.006%	$484K	$2.3M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	95.409	+0.067%	$33K	$1.3M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	95.334	−0.012%	$2.1M	$341K	10x	as long as short
HTX HYPE-USDT	+0.0100%	4h	95.533	+0.197%	$1.4M	$5.1M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	95.361	+0.017%	$18.2M	$35.6M	50x	as long as short
Kalshi KXHYPEPERP	+0.0136%	8h	95.427	+0.086%	$1.8M	$5.1M	2.3x	as long as short
RISEx HYPE/USDC	+0.0138%	1h	95.372	+0.028%	$3.2M	$5.1M	20x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0148%	1h	95.416	+0.074%	$7.6M	$4.3M	50x	as long as short
BloFin HYPE-USDT	+0.0191%	4h	95.400	+0.058%	$17.6M	$11.5M	75x	as long as short
Reya HYPERUSDPERP	+0.0267%	1h	95.306	−0.041%	$83K	$92K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0327% / S −0.0152%	1h	95.357	+0.012%	$1.4M	—	100x	as long as short
Hibachi HYPE/USDT-P	+0.0336%	1h	95.316	−0.031%	$206K	$268K	7x	as long as short
Injective HYPE/USDC PERP	+0.1234%	1h	95.170	−0.184%	$31K	$334K	12x	as long as short