HYPE funding arbitrage: backpack vs mexc
Long HYPE_USDC_PERP on backpack against short HYPE_USD1 on mexc.
| 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 | mexc | HYPE_USD1 | 0.0008% / 4h | +1.75% | $235.1K | $3.70M |
Live funding and price spread for this pair update on the page.
Data generated at 2026-09-01T05:32:35Z. Live numbers load on this page automatically.