Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%
Price spread now: GRVT against Binance+0.052%69s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as 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−$190.192% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now +0.052%, 7d avg +0.003%
=Together, before fees−0.043%+ Points / potential airdropGRVT: Active · farm board−$4 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 0.049% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.003%. The two prices were read 69 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 | Binance HYPEUSDT | 93.335 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $386.0M | $890.1M | 75x |
| Short | GRVT HYPE_USDT_Perp | 93.383 | 0.0100 | get 0.0050% / 4h | 2h 52m | $7.5M | $46.8M | 10x |
Binance HYPEUSDT
GRVT HYPE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Binance. 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: +0.052% → +0.003%
- $4.91
- Slippage, 4 orders
- −$0.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$14.33
- Costs to cover
- 0.192%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; GRVT: live order book, 2 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 Binance live order book, 6 min ago | 0.05 bp | 5.1 bp −$5 | 6.1 bp −$61 | 15.6 bp −$1,559 | doesn't fit |
| Sell GRVT live order book, 2 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 | −0.1304% | 1h | 93.259 | −0.082% | $197K | $233K | 7x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0145% | 1h | 93.210 | −0.134% | $699K | $948K | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0116% | 1h | 93.299 | −0.038% | $22K | $22K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0096% | 1h | 93.324 | −0.012% | $89K | $342K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.293 | −0.045% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0005% | 1h | 93.311 | −0.026% | $112K | $583K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.326 | −0.010% | $127K | $33K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.297 | −0.041% | $1.9M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.342 | +0.007% | $23K | $343K | 10x | as long as short |
| Aster HYPEUSDT | +0.0001% | 4h | 93.313 | −0.024% | $8.9M | $36.3M | 300x | 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
Aster HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.371 | +0.038% | $20K | — | 150x | as long as short |
| Gate HYPE_USDT | +0.0016% | 4h | 93.331 | −0.004% | $44.1M | $56.2M | 75x | as long as short |
| Derive HYPE-PERP | +0.0029% | 1h | 93.249 | −0.092% | $16.4M | $7.1M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0042% | 8h | 93.331 | −0.004% | $325.4M | $288.3M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.336 | +0.001% | $215K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0077% | 4h | 93.348 | +0.014% | $180K | $536K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.374 | +0.042% | $18.5M | $59.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.339 | +0.004% | $3.1M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.308 | −0.029% | $56K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.320 | −0.016% | $40K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.305 | −0.032% | $6.0M | $44.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.369 | +0.036% | $2.03B | $668.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.343 | +0.009% | $10.0M | $14.5M | 20x | as long as short |
| Binance HYPEUSDTlong | +0.0100% | 4h | 93.335 | long leg | $386.0M | $890.1M | 75x | |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.335 | 0.000% | $114.7M | $316.2M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.294 | −0.044% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.386 | +0.055% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.328 | −0.007% | $92.2M | $81.5M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.335 | 0.000% | $46.3M | $19.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.336 | +0.001% | $226.7M | $102.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.334 | −0.001% | — | $54.4M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.355 | +0.021% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.285 | −0.054% | $28.8M | $49.9M | — | as long as short |
| GRVT HYPE_USDT_Perpshort | +0.0100% | 4h | 93.383 | +0.052% | $7.5M | $46.8M | 10x | |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.338 | +0.003% | $405K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.301 | −0.036% | $675K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.349 | +0.015% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.357 | +0.024% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.341 | +0.006% | $76K | $169K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.327 | −0.009% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.283 | −0.056% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.292 | −0.046% | $12.7M | $2.6M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.339 | +0.004% | $339K | $171K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0101% | 4h | 93.326 | −0.009% | $5.1M | $29.4M | 30x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.302 | −0.035% | $18.4M | $41.0M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.364 | +0.031% | $397K | $318K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.370 | +0.037% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.339 | +0.004% | $77K | $157K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.130 | −0.220% | $30K | $231K | 12x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.368 | +0.035% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.281 | −0.058% | $17.1M | $12.5M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0393% | 1h | 93.399 | +0.069% | $7.4M | $4.6M | 50x | as long as short |
| HTX HYPE-USDT | +0.0412% | 4h | 93.451 | +0.124% | $1.5M | $7.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.367 | +0.034% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0574% | 1h | 93.430 | +0.102% | $19.2M | $25.8M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Gate HYPE_USDT
Derive HYPE-PERP
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
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
ApeX Omni HYPEUSDT
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
edgeX HYPEUSDC
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
HTX HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD