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: Bitget against GRVT−0.245%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$220.224% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days+0.252%+$25 · spread now −0.245%, 7d avg −0.022%
=Together, before fees+0.193%+ Points / potential airdropGRVT: Active · farm board+$19 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: Bitget is 0.223% cheaper against GRVT than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT HYPE_USDT_Perp | 93.632 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $7.5M | $45.3M | 10x |
| Short | Bitget HYPEUSDT | 93.403 | 0.0100 | get 0.0050% / 4h | 2h 13m | $227.0M | $102.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $0
- Price spread: −0.245% → −0.022%
- −$22.29
- Slippage, 4 orders
- −$1.36
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$44.65
- Costs to cover
- 0.224%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 6 min ago; Bitget: live order book, 6 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, 6 min ago | 0.05 bp | 4.6 bp −$5 | 5.8 bp −$58 | 1769.8 bp −$177.0K | doesn't fit |
| Sell Bitget live order book, 6 min ago | 0.05 bp | 6.7 bp −$7 | 14.2 bp −$142 | 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 | −0.0928% | 1h | 93.539 | −0.100% | $198K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0264% | 1h | 93.617 | −0.017% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0233% | 1h | 93.440 | −0.206% | $702K | $932K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.537 | −0.102% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.470 | −0.174% | $90K | $346K | 20x | as long as short |
| Bullet HYPE-USD | −0.0025% | 1h | 93.421 | −0.226% | $111K | $581K | 20x | as long as short |
| Derive HYPE-PERP | −0.0025% | 1h | 93.364 | −0.287% | $16.4M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.567 | −0.070% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.445 | −0.200% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.451 | −0.194% | $20K | — | 150x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0020% | 4h | 93.415 | −0.233% | $8.9M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0026% | 4h | 93.391 | −0.258% | $43.9M | $57.5M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0034% | 8h | 93.380 | −0.270% | $325.3M | $287.1M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0048% | 1h | 93.449 | −0.196% | $59K | $1.2M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0058% | 4h | 93.425 | −0.222% | $176K | $520K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.605 | −0.029% | $216K | $1.2M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.440 | −0.205% | $18.6M | $59.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.426 | −0.221% | $3.1M | $12.4M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.479 | −0.164% | $340K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.490 | −0.152% | $37K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.445 | −0.200% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.513 | −0.128% | $2.04B | $670.8M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.511 | −0.130% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.379 | −0.271% | $385.5M | $889.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.385 | −0.264% | $114.7M | $315.3M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.440 | −0.206% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.690 | +0.061% | $205K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.396 | −0.253% | $93.4M | $82.4M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.423 | −0.224% | $46.3M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDTshort | +0.0100% | 4h | 93.403 | −0.245% | $227.0M | $102.5M | 75x | |
| BingX HYPE-USDT | +0.0100% | 4h | 93.401 | −0.247% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.422 | −0.225% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.561 | −0.077% | $29.2M | $50.1M | — | as long as short |
| GRVT HYPE_USDT_Perplong | +0.0100% | 4h | 93.632 | long leg | $7.5M | $45.3M | 10x | |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.558 | −0.080% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.583 | −0.053% | $677K | $2.5M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.480 | −0.163% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.384 | −0.265% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.539 | −0.100% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.403 | −0.245% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.380 | −0.270% | $12.7M | $2.6M | 50x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.513 | −0.128% | — | $454K | 5x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.395 | −0.254% | $18.3M | $41.4M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.450 | −0.194% | $398K | $318K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0112% | 8h | 93.560 | −0.077% | $1.9M | $5.3M | 2.3x | as long as short |
| edgeX HYPEUSDC | +0.0118% | 4h | 93.534 | −0.105% | $5.1M | $29.7M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.500 | −0.141% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.435 | −0.210% | $78K | $158K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0253% | 1h | 93.520 | −0.120% | $7.4M | $4.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.400 | −0.248% | $30K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0295% | 4h | 93.650 | +0.019% | $1.5M | $7.6M | 75x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.405 | −0.243% | $17.1M | $12.4M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0346% / S −0.0171% | 1h | 93.454 | −0.191% | $1.5M | — | 100x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.523 | −0.117% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0573% | 1h | 93.511 | −0.130% | $19.1M | $26.1M | 50x | as long as short |
GRVT HYPE_USDT_Perp
Bitget HYPEUSDT
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Bullet HYPE-USD
Derive HYPE-PERP
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Popdex HYPEUSDT
Phoenix HYPE
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Kalshi KXHYPEPERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Deribit HYPE_USDC-PERPETUAL
Injective HYPE/USDC PERP
HTX HYPE-USDT
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD