Funding you earn now, next payment 06:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.019%
Price spread now: StandX against Bybit−0.263%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$240.245% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days+0.263%+$26 · spread now −0.263%, 7d avg +0.019%
=Together, before fees+0.331%+ Points / potential airdropStandX: Active · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.282% cheaper against Bybit than usual: you would sell low and buy high (spread −0.263% now, against its 7-day average of +0.019%). If the spread goes back, that is −$28 on $10k: about 12 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.068% in total) that is about 29 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYPEUSDT | 93.501 | 0.0019 | pay 0.0019% / 8h | 2h 21m | $317.5M | $282.3M | 75x |
| Short | StandX HYPE-USD | 93.255 | 0.0100 | get 0.0013% / 1h | 21m 48s | $667K | $2.8M | 20x |
Bybit HYPEUSDT
StandX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Bybit. 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
- $17.09
- Price spread: −0.263% → +0.019%
- −$28.17
- Slippage, 4 orders
- −$5.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$35.53
- Costs to cover
- 0.245%
- Break-even
- 21.6 days
Slippage from Bybit: live order book, 2 min ago; StandX: 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 Bybit live order book, 2 min ago | 0.54 bp | 8.2 bp −$8 | 9.3 bp −$93 | 19.4 bp −$1,942 | 54.4 bp −$27.2K |
| Sell StandX live order book, 2 min ago | 1.13 bp | 5.1 bp −$5 | 5.1 bp −$51 | 9.6 bp −$955 | 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 | −0.1408% | 1h | 93.184 | −0.339% | $197K | $238K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0385% | 1h | 93.269 | −0.248% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.373 | −0.137% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0055% | 1h | 93.432 | −0.074% | $111K | $581K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0021% | 4h | 93.428 | −0.078% | $146K | $672K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0008% | 1h | 93.467 | −0.036% | $88K | $365K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.395 | −0.113% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.399 | −0.109% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.450 | −0.055% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.368 | −0.142% | $1.0M | $3.9M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0012% | 4h | 93.492 | −0.010% | $225.6M | $99.0M | 75x | as long as short |
| Bybit HYPEUSDTlong | +0.0019% | 8h | 93.501 | long leg | $317.5M | $282.3M | 75x | |
| Phoenix HYPE | +0.0026% | 1h | 93.255 | −0.263% | $207K | $1.2M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0030% | 1h | 93.240 | −0.279% | $702K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0052% | 8h | 93.461 | −0.043% | $12.7M | $2.8M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0085% | 4h | 93.101 | −0.428% | $4.9M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 93.398 | −0.110% | $340K | $157K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.470 | −0.033% | $16.1M | $63.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.473 | −0.030% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.435 | −0.071% | $75K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.410 | −0.097% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.355 | −0.157% | $8.0M | $48.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.523 | +0.024% | $2.04B | $665.7M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.512 | +0.012% | $8.7M | $36.3M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.390 | −0.118% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.525 | +0.025% | $375.0M | $911.9M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.491 | −0.011% | $114.8M | $310.0M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.358 | −0.153% | $216K | $15K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.504 | +0.003% | $47.0M | $54.5M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.525 | +0.026% | $90.3M | $81.5M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.494 | −0.007% | $46.2M | $18.8M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.511 | +0.011% | — | $53.8M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.524 | +0.025% | $7.2M | $10.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.070 | −0.461% | $28.4M | $56.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.294 | −0.222% | $7.5M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.095 | −0.434% | $341K | $1.0M | 50x | as long as short |
| StandX HYPE-USDshort | +0.0100% | 1h | 93.255 | −0.263% | $667K | $2.8M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 93.456 | −0.048% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.444 | −0.061% | $484K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.460 | −0.044% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.459 | −0.045% | $16.1M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.435 | −0.071% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.474 | −0.029% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.550 | +0.052% | $1.4M | $6.5M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.491 | −0.011% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.452 | −0.053% | $395K | $158K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0108% | 8h | 93.470 | −0.033% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.140 | −0.386% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.440 | −0.065% | $4.6M | $5.8M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.415 | −0.092% | $80K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.449 | −0.055% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.312 | −0.202% | $16.8M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0341% | 1h | 93.540 | +0.041% | $20.8M | $29.5M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0456% | 1h | 93.558 | +0.061% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.470 | −0.033% | $3.2M | $6.2M | 20x | as long as short |
Bitget HYPEUSDT
Phoenix HYPE
Ondo Perps HYPE-USD.P
Phemex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC