Funding you earn now, next payment 04:00 UTC+0.0494%/8h= +54.1% APRpaid last 24h +0.168%
Price spread now: Hyperliquid against GRVT−0.015%7-day average +0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1000.997% of the position
Funding, last 7 days+0.259%+$26 on $10k
+Price spread, last 7 days−0.082%−$8 · spread now −0.015%, 7d avg +0.156%
=Together, before fees+0.177%+ Points / potential airdropGRVT: Active · Hyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.171% cheaper against GRVT than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.156%). If the spread goes back, that is −$17 on $10k: about 28 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.259% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.259% in total (about 13.5% a year). A funding rate is set anew for every payment. 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 | GRVT CFX_USDT_Perp | 0.05364 | 0.0100 | pay 0.0100% / 8h | 4h 57m | $508K | $1.6M | 10x |
| Short | Hyperliquid CFX | 0.05363 | 0.0594 | get 0.0074% / 1h | 57m 23s | $3.2M | $360K | 5x |
GRVT CFX_USDT_Perp
Hyperliquid CFXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against GRVT. 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
- $103.66
- Price spread: −0.015% → +0.156%
- −$17.13
- Slippage, 4 orders
- −$81.67
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$13.15
- Costs to cover
- 0.997%
- Break-even
- 7.9 days
Slippage from GRVT: live order book, 1 min ago; Hyperliquid: live order book, 4 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 GRVT live order book, 1 min ago | 3.74 bp | 45.5 bp −$45 | 6157.6 bp −$61.6K | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 1.21 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05353 | −0.205% | $5K | $43K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05354 | −0.186% | $5.3M | $10.1M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05350 | −0.261% | $2.4M | $1.4M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05350 | −0.261% | $2.5M | $5.6M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05349 | −0.280% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05349 | −0.280% | $3.0M | $1.6M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05348 | −0.298% | $878K | $281K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05349 | −0.280% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05350 | −0.261% | — | $20.1M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05366 | +0.045% | $42K | $45K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perplong | +0.0100% | 8h | 0.05364 | long leg | $508K | $1.6M | 10x | |
| Extended CFX-USD | +0.0104% | 1h | 0.05346 | −0.342% | $859 | $262K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0192% | 1h | 0.05412 | +0.895% | $43K | $125K | 50x | as long as short |
| Kraken Futures PF_CFXUSD | +0.0502% | 1h | 0.05362 | −0.042% | $32K | $11K | 20x | as long as short |
| Hyperliquid CFXshort | +0.0594% | 1h | 0.05363 | −0.015% | $3.2M | $360K | 5x | |
| Deribit CFX_USDC-PERPETUAL | +0.3296% | 1h | 0.05377 | +0.242% | $142 | $29 | 10x | as long as short |
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL