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 22:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.21 per $10,000 · paid last 24h −0.037%
Price spread now: Arcus against 01 Exchange−0.036%7-day average −0.065% · 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−$16as in the Price arb table
costs, in and out, $10k−$190.190% of the position
Long on 01 ExchangeShort on Arcus
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.036%, 7d avg −0.065%
Together, before fees−0.076%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Arcus is 0.029% dearer against 01 Exchange than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange HYPEUSD93.305−0.0072get 0.0009% / 1h11m 03s$90K$351K20x
ShortArcus HYPE-USD93.2710.0100get 0.0013% / 1h11m 03s$1.2M$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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

Funding earned
$36.12
Price spread: −0.036% → −0.065%
$2.86
Slippage, 4 orders
−$7.48
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$20
Costs to cover
0.190%
Break-even
3.1 days
Slippage from 01 Exchange: live order book, 13 min ago; Arcus: live order book, 3 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 01 Exchange live order book, 13 min ago0.05 bp6.3 bp −$611.1 bp −$111doesn't fitdoesn't fit
Sell Arcus live order book, 3 min ago0.64 bp3.3 bp −$39.2 bp −$9228.4 bp −$2,836doesn't fit

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
Hibachi HYPE/USDT-P−0.0920%1h93.381+0.081%$197K$233K7xas long as short
Aftermath Perps HYPEUSD−0.0255%1h93.542+0.254%$22K$22K10xas long as short
Ondo Perps HYPE-USD.P−0.0234%1h93.410+0.113%$700K$932K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.337+0.034%$3K$33125xas long as short
01 Exchange HYPEUSDlong−0.0072%1h93.305long leg$90K$351K20x
Derive HYPE-PERP−0.0025%1h93.309+0.004%$16.4M$7.1M10xas long as short
Bullet HYPE-USD−0.0016%1h93.307+0.002%$111K$581K20xas long as short
dYdX HYPE-USD0.0000%1h93.383+0.084%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.290−0.016%$23K$337K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.335+0.032%$20K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0011%4h93.299−0.006%$8.9M$35.8M300xas long as short
Gate HYPE_USDT+0.0024%4h93.300−0.005%$43.9M$57.6M75xas long as short
Bybit HYPEUSDT+0.0031%8h93.288−0.018%$324.9M$287.2M75xas long as short
Popdex HYPEUSDT+0.0040%1h93.287−0.019%$58K$1.2M50xas long as short
Orderly PERP_HYPE_USDC+0.0056%4h93.307+0.002%$163K$543K20xas long as short
Phoenix HYPE+0.0068%1h93.605+0.322%$216K$1.2M10xas long as short
Lighter HYPE+0.0096%1h93.331+0.028%$18.6M$59.8M20xas long as short
Lighter RH HYPE+0.0096%1h93.322+0.018%$3.1M$12.4M20xas long as short
SoDEX HYPE-USD+0.0097%1h93.287−0.019%$2.0M$2.0M10xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.308+0.003%$339K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.320+0.016%$37K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.286−0.020%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.393+0.094%$2.03B$671.0M10xas long as short
Pacifica HYPE+0.0100%1h93.307+0.002%$10.0M$14.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.3050.000%$385.2M$889.8M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.295−0.011%$114.5M$315.0M50xas long as short
Arcus HYPE-USDshort+0.0100%1h93.271−0.036%$1.2M$4.0M10x
Bulk HYPE-USD+0.0100%1h93.285−0.021%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.288−0.018%$93.2M$82.4M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.303−0.002%$46.2M$18.7M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.312+0.008%$226.7M$102.5M75xas long as short
BingX HYPE-USDT+0.0100%4h93.299−0.006%—$54.2M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.335+0.032%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.561+0.274%$29.2M$50.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.439+0.143%$7.5M$45.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.558+0.271%$406K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.510+0.220%$676K$2.5M20xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.330+0.027%$493K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.285−0.021%$75K$168K20xas long as short
SunX HYPE-USDT+0.0100%4h93.369+0.069%$32K$1.6M20xas long as short
Phemex HYPEUSDT+0.0100%8h93.345+0.043%$12.7M$2.6M50xas long as short
Vest HYPE-PERP+0.0100%1h93.344+0.042%—$454K5xas long as short
Extended HYPE-USD+0.0104%1h93.275−0.032%$18.3M$41.4M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.347+0.044%$397K$318K20xas long as short
Kalshi KXHYPEPERP+0.0108%8h93.396+0.098%$1.9M$5.3M2.3xas long as short
edgeX HYPEUSDC+0.0118%4h93.534+0.246%$5.1M$29.7M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.390+0.091%$4.9M$5.7M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0243%1h93.405+0.107%$7.4M$4.6M50xas long as short
Reya HYPERUSDPERP+0.0246%1h93.286−0.020%$78K$158K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.910+0.648%$31K$291K12xas long as short
HTX HYPE-USDT+0.0297%4h93.487+0.195%$1.5M$7.7M75xas long as short
BloFin HYPE-USDT+0.0340%4h93.289−0.017%$17.1M$12.4M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0346% / S −0.0171%1h93.337+0.034%$1.5M—100xas long as short
RISEx HYPE/USDC+0.0467%1h93.365+0.064%$2.7M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0574%1h93.412+0.114%$19.1M$26.1M50xas long as short