Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: GRVT against Bitget−0.092%53s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as 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−$280.277% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 7 days+0.074%+$7 · spread now −0.092%, 7d avg +0.021%
=Together, before fees+0.132%+ Points / potential airdropGRVT: Active · farm board+$13 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 0.113% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.021%. The two prices were read 53 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 | Bitget HYPEUSDT | 93.934 | 0.0100 | pay 0.0050% / 4h | 10m 41s | $227.5M | $102.3M | 75x |
| Short | GRVT HYPE_USDT_Perp | 93.848 | 0.0100 | get 0.0050% / 4h | 10m 41s | $7.6M | $45.8M | 10x |
Bitget HYPEUSDT
GRVT HYPE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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: −0.092% → +0.021%
- −$11.25
- Slippage, 4 orders
- −$6.71
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$38.97
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; GRVT: live order book, 3 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 Bitget live order book, 3 min ago | 0.21 bp | 9.0 bp −$9 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 0.05 bp | 4.8 bp −$5 | 5.6 bp −$56 | 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 | −0.1232% | 1h | 93.765 | −0.180% | $198K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0406% | 1h | 93.852 | −0.087% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.832 | −0.109% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0108% | 1h | 93.780 | −0.164% | $705K | $916K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.868 | −0.070% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.933 | −0.001% | $86K | $368K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0003% | 4h | 93.849 | −0.090% | $169K | $588K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.857 | −0.082% | $128K | $30K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.868 | −0.070% | $23K | $329K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.862 | −0.077% | $27K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix HYPE | +0.0009% | 1h | 93.919 | −0.016% | $217K | $1.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0015% | 4h | 93.888 | −0.049% | $8.9M | $36.1M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0021% | 8h | 93.900 | −0.036% | $323.1M | $284.0M | 75x | as long as short |
| Derive HYPE-PERP | +0.0027% | 1h | 93.776 | −0.169% | $16.4M | $7.1M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0042% | 8h | 93.813 | −0.129% | $12.8M | $2.6M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0052% | 4h | 93.900 | −0.036% | $88.4M | $82.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0054% | 4h | 93.906 | −0.030% | $383.4M | $898.5M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0061% | 4h | 93.800 | −0.142% | $5.1M | $29.6M | 30x | as long as short |
| Popdex HYPEUSDT | +0.0064% | 1h | 93.933 | −0.001% | $60K | $1.2M | 50x | as long as short |
| Gate HYPE_USDT | +0.0072% | 4h | 93.946 | +0.013% | $44.1M | $59.9M | 75x | as long as short |
| Bullet HYPE-USD | +0.0087% | 1h | 93.823 | −0.118% | $113K | $578K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0093% | 8h | 93.925 | −0.010% | $115.8M | $322.9M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.933 | −0.001% | $18.9M | $60.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.913 | −0.022% | $3.1M | $12.3M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.828 | −0.113% | $399K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.955 | +0.023% | $341K | $171K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.890 | −0.047% | $37K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.856 | −0.083% | $5.7M | $44.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.947 | +0.014% | $2.04B | $681.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.923 | −0.012% | $10.1M | $14.6M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.820 | −0.121% | $205K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.875 | −0.063% | $46.5M | $18.6M | 75x | as long as short |
| Bitget HYPEUSDTlong | +0.0100% | 4h | 93.934 | long leg | $227.5M | $102.3M | 75x | |
| BingX HYPE-USDT | +0.0100% | 4h | 93.925 | −0.010% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.847 | −0.093% | $7.9M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.811 | −0.131% | $31.2M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perpshort | +0.0100% | 4h | 93.848 | −0.092% | $7.6M | $45.8M | 10x | |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.859 | −0.080% | $359K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.811 | −0.131% | $678K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.880 | −0.057% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.854 | −0.085% | $471K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.841 | −0.099% | $76K | $172K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.859 | −0.080% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.811 | −0.131% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.507% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.914 | −0.021% | $18.3M | $42.8M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.870 | −0.068% | $4.9M | $5.7M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0154% | 8h | 93.960 | +0.028% | $1.9M | $5.0M | 2.3x | as long as short |
| HTX HYPE-USDT | +0.0193% | 4h | 94.000 | +0.070% | $1.5M | $7.8M | 75x | as long as short |
| BloFin HYPE-USDT | +0.0212% | 4h | 93.801 | −0.142% | $16.9M | $12.6M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0249% | 1h | 93.809 | −0.133% | $77K | $142K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.988 | +0.058% | $2.8M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0163% | 1h | 93.863 | −0.076% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0347% | 1h | 93.934 | 0.000% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0578% | 1h | 93.925 | −0.010% | $21.0M | $29.5M | 50x | as long as short |
Phoenix HYPE
Aster HYPEUSDT
Bybit HYPEUSDT
Derive HYPE-PERP
Phemex HYPEUSDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Popdex HYPEUSDT
Gate HYPE_USDT
Bullet HYPE-USD
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
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
Injective HYPE/USDC PERP
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
HTX HYPE-USDT
BloFin HYPE-USDT
Reya HYPERUSDPERP
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD