Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: StandX against GRVT+0.016%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$200.196% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.016%, 7d avg −0.012%
=Together, before fees+0.001%+ Points / potential airdropGRVT: Active · StandX: Active · farm board$0 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: StandX is 0.029% dearer against GRVT than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT HYPE_USDT_Perp | 94.085 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $7.6M | $46.1M | 10x |
| Short | StandX HYPE-USD | 94.100 | 0.0100 | get 0.0013% / 1h | 13m 35s | $672K | $2.6M | 20x |
GRVT HYPE_USDT_Perp
StandX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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: +0.016% → −0.012%
- $2.85
- Slippage, 4 orders
- −$2.6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$16.75
- Costs to cover
- 0.196%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 6 min ago; StandX: live order book, just now.
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 | 5.3 bp −$53 | 5928.3 bp −$592.8K | doesn't fit |
| Sell StandX live order book, just now | 1.12 bp | 5.2 bp −$5 | 5.5 bp −$55 | 12.9 bp −$1,293 | 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 | −0.1240% | 1h | 93.973 | −0.119% | $199K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 93.916 | −0.179% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0203% | 1h | 93.924 | −0.171% | $22K | $21K | 10x | as long as short |
| Phemex HYPEUSDT | −0.0144% | 8h | 94.067 | −0.019% | $12.8M | $2.6M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0116% | 1h | 93.980 | −0.111% | $708K | $961K | 10x | as long as short |
| dYdX HYPE-USD | −0.0097% | 1h | 94.086 | +0.001% | $129K | $31K | 5x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 94.021 | −0.068% | $85K | $360K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.024 | −0.065% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0071% | 1h | 94.050 | −0.037% | $113K | $581K | 20x | as long as short |
| Gate HYPE_USDT | −0.0048% | 4h | 94.025 | −0.064% | $44.5M | $60.3M | 75x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
Phemex HYPEUSDT
Ondo Perps HYPE-USD.P
dYdX HYPE-USD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Gate HYPE_USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HYPE_USDC | −0.0027% | 4h | 94.066 | −0.020% | $160K | $646K | 20x | as long as short |
| Bybit HYPEUSDT | −0.0013% | 8h | 93.980 | −0.111% | $323.5M | $280.3M | 75x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.082 | −0.003% | $23K | $326K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 94.099 | +0.015% | $27K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0013% | 4h | 94.099 | +0.015% | $8.9M | $36.1M | 300x | as long as short |
| Derive HYPE-PERP | +0.0017% | 1h | 94.042 | −0.046% | $16.4M | $7.3M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.678 | −0.432% | $218K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0050% | 4h | 94.032 | −0.056% | $88.6M | $83.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0051% | 4h | 94.020 | −0.069% | $383.5M | $894.9M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0058% | 4h | 93.999 | −0.091% | $5.1M | $30.1M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0075% | 8h | 93.990 | −0.101% | $116.2M | $316.0M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.059 | −0.028% | $19.0M | $60.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.042 | −0.046% | $3.0M | $12.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.002 | −0.088% | $65K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 94.095 | +0.011% | $400K | $180K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 94.066 | −0.020% | $342K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.980 | −0.111% | $29K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.025 | −0.064% | $6.6M | $44.8M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.077 | −0.008% | $2.05B | $676.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.043 | −0.044% | $10.2M | $14.6M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.528 | −0.591% | $204K | $12K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.017 | −0.072% | $46.7M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.998 | −0.092% | $227.6M | $101.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.002 | −0.088% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.123 | +0.041% | $7.7M | $10.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.810 | −0.292% | $31.4M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perplong | +0.0100% | 4h | 94.085 | long leg | $7.6M | $46.1M | 10x | |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.061 | −0.025% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USDshort | +0.0100% | 1h | 94.100 | +0.016% | $672K | $2.6M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 94.048 | −0.040% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.027 | −0.061% | $475K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 94.104 | +0.020% | $76K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.141 | +0.060% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.108 | +0.025% | $2.0M | $2.0M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.989 | −0.102% | $18.4M | $45.4M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 94.140 | +0.059% | $4.9M | $5.5M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0181% | 4h | 94.072 | −0.014% | $17.1M | $12.2M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.490 | +0.431% | $31K | $338K | 12x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 94.035 | −0.053% | $2.7M | $6.8M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0232% | 8h | 94.152 | +0.071% | $1.9M | $5.1M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0252% | 1h | 93.994 | −0.096% | $79K | $143K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0335% / S −0.0156% | 1h | 94.094 | +0.010% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0381% | 4h | 94.250 | +0.176% | $1.5M | $6.0M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0547% | 1h | 94.197 | +0.119% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0670% | 1h | 94.196 | +0.118% | $21.0M | $29.8M | 50x | as long as short |
Orderly PERP_HYPE_USDC
Bybit HYPEUSDT
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Derive HYPE-PERP
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
ApeX Omni HYPEUSDT
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
BloFin HYPE-USDT
Injective HYPE/USDC PERP
RISEx HYPE/USDC
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD