Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.020%
Price spread now: GRVT against Aevo−0.192%71s7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.409% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 3 days (all we have)+0.323%+$32 · spread now −0.192%, 7d avg +0.015%
=Together, before fees+0.292%+ Points / potential airdropGRVT: Active · farm board+$29 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 0.207% cheaper against Aevo than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.015%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo HYPE-PERP | 93.515 | 0.0104 | pay 0.0013% / 1h | 47m 58s | $398K | $318K | 20x |
| Short | GRVT HYPE_USDT_Perp | 93.336 | 0.0100 | get 0.0050% / 4h | 2h 47m | $7.5M | $46.2M | 10x |
Aevo HYPE-PERP
GRVT HYPE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Aevo. 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
- −$0.84
- Price spread: −0.192% → +0.015%
- −$20.7
- Slippage, 4 orders
- −$15.94
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$62.48
- Costs to cover
- 0.409%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 41 min ago; GRVT: live order book, 1 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 Aevo live order book, 41 min ago | 6.65 bp | 16.8 bp −$17 | 18.3 bp −$183 | 20.3 bp −$2,031 | doesn't fit |
| Sell GRVT live order book, 1 min ago | 0.05 bp | 4.6 bp −$5 | 5.3 bp −$53 | doesn't fit | doesn't fit |
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 | −0.1256% | 1h | 93.344 | −0.183% | $197K | $233K | 7x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0157% | 1h | 93.330 | −0.198% | $700K | $944K | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0156% | 1h | 93.389 | −0.135% | $22K | $22K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.503 | −0.013% | $89K | $344K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.412 | −0.111% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0008% | 1h | 93.470 | −0.049% | $113K | $583K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.504 | −0.013% | $127K | $33K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.559 | +0.047% | $1.9M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.443 | −0.078% | $23K | $343K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.513 | −0.003% | $19K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Ondo Perps HYPE-USD.P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0012% | 4h | 93.494 | −0.023% | $8.9M | $36.2M | 300x | as long as short |
| Derive HYPE-PERP | +0.0017% | 1h | 93.431 | −0.090% | $16.4M | $7.1M | 10x | as long as short |
| Gate HYPE_USDT | +0.0036% | 4h | 93.491 | −0.026% | $44.2M | $56.3M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0041% | 8h | 93.450 | −0.070% | $325.8M | $287.9M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.408 | −0.115% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0076% | 4h | 93.500 | −0.017% | $180K | $536K | 20x | as long as short |
| ApeX Omni HYPEUSDT | +0.0092% | 1h | 93.318 | −0.211% | $405K | $1.1M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.544 | +0.030% | $18.5M | $59.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.520 | +0.005% | $3.1M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.480 | −0.038% | $56K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.480 | −0.038% | $40K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.478 | −0.040% | $6.0M | $44.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.552 | +0.039% | $2.04B | $669.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.491 | −0.026% | $10.0M | $14.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.472 | −0.047% | $386.1M | $890.3M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.440 | −0.081% | $114.9M | $316.2M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.449 | −0.071% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.335 | −0.193% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.484 | −0.034% | $92.9M | $81.8M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.508 | −0.008% | $46.4M | $19.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.473 | −0.045% | $227.1M | $102.1M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.475 | −0.043% | — | $54.3M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.523 | +0.008% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.295 | −0.235% | $28.8M | $49.8M | — | as long as short |
| GRVT HYPE_USDT_Perpshort | +0.0100% | 4h | 93.336 | −0.192% | $7.5M | $46.2M | 10x | |
| StandX HYPE-USD | +0.0100% | 1h | 93.443 | −0.078% | $676K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.495 | −0.022% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.501 | −0.016% | $494K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.493 | −0.024% | $76K | $169K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.529 | +0.014% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.495 | −0.022% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.488 | −0.029% | $12.7M | $2.6M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.490 | −0.027% | $339K | $171K | 20x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.438 | −0.083% | $18.4M | $41.1M | 50x | as long as short |
| Aevo HYPE-PERPlong | +0.0104% | 1h | 93.515 | long leg | $398K | $318K | 20x | |
| edgeX HYPEUSDC | +0.0113% | 4h | 93.276 | −0.256% | $5.1M | $29.5M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.550 | +0.037% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.486 | −0.031% | $77K | $157K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0252% | 1h | 93.599 | +0.089% | $7.4M | $4.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.290 | −0.241% | $30K | $231K | 12x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.512 | −0.004% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.376 | −0.149% | $17.1M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0398% | 4h | 93.650 | +0.144% | $1.5M | $7.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.546 | +0.032% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0573% | 1h | 93.603 | +0.094% | $19.2M | $25.9M | 50x | as long as short |
Aster HYPEUSDT
Derive HYPE-PERP
Gate HYPE_USDT
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
ApeX Omni HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Extended HYPE-USD
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
Injective HYPE/USDC PERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
HTX HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD