HYPE funding arbitrage: backpack vs bybit
Long HYPE_USDC_PERP on backpack against short HYPEPERP on bybit.
| Side | Exchange | Symbol | Funding | Funding APR | 24h volume | Open interest |
|---|---|---|---|---|---|---|
| Long | backpack | HYPE_USDC_PERP | 0.0013% / 1h | +10.95% | $15.18M | $12.71M |
| Short | bybit | HYPEPERP | 0.0050% / 4h | +10.95% | $639.1K | $1.12M |
Funding spread +0.00% APR. Price spread -0.0119%.
Data generated at 2026-09-01T05:33:18Z. Live numbers load on this page automatically.