Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: GRVT against Hyperliquid−0.187%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$880.883% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.571%+$57 · spread now −0.187%, 7d avg −0.095%
=Together, before fees+0.574%+ Points / potential airdropHyperliquid: Season 2 · GRVT: Active · farm board+$57 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.092% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AXS | 1.0780 | 0.0100 | pay 0.0013% / 1h | 18m 53s | $259K | $309K | 5x |
| Short | GRVT AXS_USDT_Perp | 1.0760 | 0.0100 | get 0.0050% / 4h | 1h 18m | $773K | $872K | 10x |
Hyperliquid AXS
GRVT AXS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Hyperliquid. 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
- $0
- Price spread: −0.187% → −0.095%
- −$9.17
- Slippage, 4 orders
- −$70.34
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$97.51
- Costs to cover
- 0.883%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; GRVT: live order book, 44 min ago.
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 Hyperliquid live order book, 11 min ago | 2.79 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 44 min ago | 9.35 bp | 16.0 bp −$16 | 109.2 bp −$1,092 | doesn't fit | doesn't fit |
AXS on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.557% | $5 | $47K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0088% | 4h | 1.0784 | +0.037% | $278K | $23K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0091% | 4h | 1.0780 | 0.000% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0806 | +0.241% | $33K | $41K | 5x | as long as short |
| Hyperliquid AXSlong | +0.0100% | 1h | 1.0780 | long leg | $259K | $309K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0779 | −0.008% | $74K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0779 | −0.009% | $6.1M | $10.0M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0784 | +0.037% | $3.8M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0773 | −0.065% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0778 | −0.019% | $858K | $954K | 50x | as long as short |
Injective AXS/USDC PERP
BloFin AXS-USDT
Orderly PERP_AXS_USDC
Lighter AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0780 | 0.000% | $11.5M | $711K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0780 | 0.000% | $605K | $301K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0780 | 0.000% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0782 | +0.019% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0786 | +0.056% | $37K | $3K | — | as long as short |
| GRVT AXS_USDT_Perpshort | +0.0100% | 4h | 1.0760 | −0.187% | $773K | $872K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0777 | −0.028% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0777 | −0.028% | $749 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0776 | −0.035% | $7K | $245K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0359% | 1h | 1.0787 | +0.069% | $146K | $336K | 20x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD