Funding you earn now, next payment 07:00 UTC+0.0336%/8h= +36.8% APRnext payment +$0.42 per $10,000 · paid last 24h +0.068%
Price spread now: Reya against 01 Exchange−0.028%7-day average −0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.028%, 7d avg −0.037%
=Together, before fees+0.202%+ Points / potential airdropReya: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.053% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange HYPEUSD | 94.155 | −0.0064 | get 0.0008% / 1h | 59m 55s | $87K | $366K | 20x |
| Short | Reya HYPERUSDPERP | 94.129 | 0.0272 | get 0.0034% / 1h | 59m 55s | $82K | $134K | 15x |
01 Exchange HYPEUSD
Reya HYPERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $70.53
- Price spread: −0.028% → −0.037%
- $0.92
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $58.45
- Costs to cover
- 0.130%
- Break-even
- 1.2 days
Slippage unknown: 01 Exchange: live order book, 44 min ago; Reya: 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, 44 min ago | 0.05 bp | 6.3 bp −$6 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 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 | −0.1088% | 1h | 94.072 | −0.088% | $201K | $235K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0175% | 1h | 94.237 | +0.087% | $22K | $21K | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0105% | 1h | 94.114 | −0.044% | $80K | $155K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0103% | 1h | 93.980 | −0.186% | $709K | $1.2M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.214 | +0.063% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0080% | 1h | 94.163 | +0.008% | $111K | $578K | 20x | as long as short |
| 01 Exchange HYPEUSDlong | −0.0064% | 1h | 94.155 | long leg | $87K | $366K | 20x | |
| Bybit HYPEUSDT | −0.0009% | 8h | 94.113 | −0.045% | $317.1M | $289.6M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0008% | 4h | 94.127 | −0.030% | $146K | $685K | 20x | as long as short |
| BingX HYPE-USDT | −0.0006% | 4h | 94.110 | −0.048% | — | $53.5M | — | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Bluefin HYPE-PERP
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Bullet HYPE-USD
Bybit HYPEUSDT
Orderly PERP_HYPE_USDC
BingX HYPE-USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX HYPE-USD | 0.0000% | 1h | 94.094 | −0.065% | $129K | $26K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 94.234 | +0.084% | $1.8M | $5.5M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.177 | +0.023% | $19K | $287K | 10x | as long as short |
| Derive HYPE-PERP | +0.0001% | 1h | 94.110 | −0.048% | $16.4M | $7.5M | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S 0.0000% | 1h | 94.186 | +0.033% | $117K | — | 150x | as long as short |
| Phoenix HYPE | +0.0017% | 1h | 94.254 | +0.105% | $206K | $1.1M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0044% | 4h | 94.109 | −0.049% | $226.4M | $100.1M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0059% | 8h | 94.094 | −0.065% | $336K | $156K | 20x | as long as short |
| Phemex HYPEUSDT | +0.0059% | 8h | 94.167 | +0.013% | $12.8M | $2.9M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0082% | 4h | 94.160 | +0.005% | $5.0M | $30.8M | 30x | as long as short |
| Arcus HYPE-USD | +0.0084% | 1h | 94.087 | −0.072% | $1.0M | $3.5M | 10x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0090% | 8h | 94.131 | −0.025% | $117.4M | $322.2M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.149 | −0.006% | $16.3M | $64.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.159 | +0.004% | $3.2M | $11.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.166 | +0.012% | $79K | $1.2M | 50x | as long as short |
| SoDEX HYPE-USD | +0.0099% | 1h | 94.143 | −0.013% | $2.0M | $1.9M | 10x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.200 | +0.048% | $14K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.114 | −0.043% | $7.3M | $50.8M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.245 | +0.096% | $2.07B | $689.1M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.110 | −0.048% | $8.8M | $37.2M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.106 | −0.052% | $10.1M | $15.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.128 | −0.029% | $376.7M | $932.5M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.065 | −0.096% | $217K | $12K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.134 | −0.022% | $49.4M | $57.3M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.117 | −0.040% | $90.8M | $85.7M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.142 | −0.014% | $46.9M | $18.6M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.147 | −0.008% | $7.6M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.059 | −0.102% | $29.1M | $55.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.203 | +0.051% | $7.6M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.175 | +0.021% | $347K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.233 | +0.083% | $681K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.197 | +0.045% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.173 | +0.019% | $495K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.196 | +0.044% | $32K | $1.6M | 20x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.272 | +0.124% | $1.4M | $6.8M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.099 | −0.059% | $18.3M | $43.4M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.132 | −0.025% | $398K | $159K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0120% | 1h | 94.210 | +0.058% | $4.7M | $6.2M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0151% / S +0.0021% | 1h | 94.196 | +0.043% | $1.4M | — | 100x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.550 | +0.420% | $31K | $340K | 12x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0238% | 1h | 94.240 | +0.090% | $7.4M | $4.3M | 50x | as long as short |
| Reya HYPERUSDPERPshort | +0.0272% | 1h | 94.129 | −0.028% | $82K | $134K | 15x | |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.122 | −0.035% | $17.0M | $12.3M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0413% | 1h | 94.214 | +0.062% | $20.2M | $30.3M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0559% | 1h | 94.162 | +0.007% | $3.2M | $6.4M | 20x | as long as short |
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
Derive HYPE-PERP
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Bitget HYPEUSDT
Paradex HYPE-USD-PERP
Phemex HYPEUSDT
edgeX HYPEUSDC
Arcus HYPE-USD
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
SoDEX HYPE-USD
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
GMX HYPE/USD [WBTC.b-USDC]
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC