Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Vest against GRVT+0.480%7-day average −0.030% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)−0.437%−$44 · spread now +0.480%, 7d avg −0.030%
=Together, before fees−0.564%+ Points / potential airdropGRVT: Active · Vest: Active · farm board−$56 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: Vest is 0.510% dearer against GRVT than usual: you sell high and buy low, +$51 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT HYPE_USDT_Perp | 93.275 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $7.5M | $47.3M | 10x |
| Short | Vest HYPE-PERP | 93.723 | 0.0100 | get 0.0013% / 1h | 20m 56s | — | $243K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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: +0.480% → −0.030%
- $51.04
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $40.04
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 3 min ago; Vest: no order-book sample. Net counts fees only.
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, 3 min ago | 0.05 bp | 4.8 bp −$5 | 6.3 bp −$63 | 5164.2 bp −$516.4K | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1392% | 1h | 93.393 | +0.126% | $197K | $238K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0396% | 1h | 93.328 | +0.057% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.513 | +0.255% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0049% | 1h | 93.749 | +0.508% | $111K | $581K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0019% | 4h | 93.684 | +0.439% | $146K | $672K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.560 | +0.306% | $128K | $29K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 93.791 | +0.553% | $88K | $365K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.772 | +0.533% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.760 | +0.520% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.637 | +0.388% | $1.0M | $3.9M | 10x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0012% | 4h | 93.897 | +0.667% | $226.6M | $99.0M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0018% | 8h | 93.870 | +0.638% | $318.7M | $282.6M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.624 | +0.374% | $208K | $1.2M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0032% | 1h | 93.620 | +0.370% | $704K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0046% | 8h | 93.732 | +0.490% | $12.8M | $2.8M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 93.211 | −0.069% | $5.0M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 93.566 | +0.312% | $340K | $157K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.725 | +0.483% | $16.2M | $63.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.741 | +0.500% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.758 | +0.518% | $73K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.690 | +0.445% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.731 | +0.488% | $8.0M | $48.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.810 | +0.574% | $2.04B | $667.5M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.771 | +0.532% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.590 | +0.338% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.849 | +0.615% | $376.3M | $914.3M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.919 | +0.690% | $115.4M | $312.7M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.358 | +0.089% | $216K | $15K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.792 | +0.554% | $47.3M | $54.5M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.919 | +0.690% | $90.6M | $81.6M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.905 | +0.675% | $46.4M | $18.8M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.789 | +0.551% | — | $53.8M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.778 | +0.539% | $7.2M | $10.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.699 | +0.454% | $28.6M | $56.2M | — | as long as short |
| GRVT HYPE_USDT_Perplong | +0.0100% | 4h | 93.275 | long leg | $7.5M | $47.3M | 10x | |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.227 | −0.051% | $342K | $997K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.427 | +0.163% | $668K | $2.8M | 20x | as long as short |
| Vest HYPE-PERPshort | +0.0100% | 1h | 93.723 | +0.480% | — | $243K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.730 | +0.488% | $486K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.721 | +0.478% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.698 | +0.454% | $16.2M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.593 | +0.341% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.717 | +0.474% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.849 | +0.615% | $1.4M | $6.5M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.891 | +0.661% | $18.2M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.716 | +0.473% | $396K | $158K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0113% | 8h | 93.680 | +0.434% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.620 | +0.370% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.800 | +0.563% | $4.6M | $5.8M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.767 | +0.527% | $80K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0154% | 1h | 93.765 | +0.525% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0340% | 1h | 93.796 | +0.558% | $20.9M | $29.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.730 | +0.488% | $16.8M | $12.0M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0486% | 1h | 93.802 | +0.565% | $7.5M | $4.1M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.742 | +0.500% | $3.2M | $6.2M | 20x | as long as short |
GRVT HYPE_USDT_Perp
Aftermath Perps HYPEUSD
Bullet HYPE-USD
01 Exchange HYPEUSD
gTrade (Gains Network) HYPE/USD
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
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
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC