Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: GRVT against KuCoin−0.121%83s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as 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−$290.292% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days+0.116%+$12 · spread now −0.121%, 7d avg +0.009%
=Together, before fees+0.106%+ Points / potential airdropGRVT: Active · farm board+$11 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 0.130% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.009%. The two prices were read 83 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 | KuCoin HYPEUSDTM | 93.727 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $46.5M | $18.7M | 75x |
| Short | GRVT HYPE_USDT_Perp | 93.613 | 0.0100 | get 0.0050% / 4h | 2h 24m | $7.5M | $45.2M | 10x |
KuCoin HYPEUSDTM
GRVT HYPE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against KuCoin. 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: −0.121% → +0.009%
- −$13.01
- Slippage, 4 orders
- −$8.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$42.24
- Costs to cover
- 0.292%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; GRVT: live order book, 5 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 KuCoin live order book, 5 min ago | 0.91 bp | 9.9 bp −$10 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 0.05 bp | 5.0 bp −$5 | 5.5 bp −$55 | 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 | −0.1008% | 1h | 93.638 | −0.095% | $198K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0297% | 1h | 93.630 | −0.104% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0236% | 1h | 93.630 | −0.103% | $702K | $935K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.719 | −0.009% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0064% | 1h | 93.745 | +0.019% | $90K | $349K | 20x | as long as short |
| Bullet HYPE-USD | −0.0027% | 1h | 93.725 | −0.002% | $112K | $583K | 20x | as long as short |
| Derive HYPE-PERP | −0.0009% | 1h | 93.678 | −0.052% | $16.5M | $7.0M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.721 | −0.007% | $128K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.725 | −0.002% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.760 | +0.035% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Bullet HYPE-USD
Derive HYPE-PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0027% | 4h | 93.727 | +0.001% | $9.0M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0036% | 4h | 93.711 | −0.017% | $44.1M | $57.0M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0037% | 8h | 93.710 | −0.018% | $326.4M | $287.0M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0064% | 4h | 93.713 | −0.015% | $175K | $536K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.742 | +0.016% | $216K | $1.2M | 10x | as long as short |
| Popdex HYPEUSDT | +0.0072% | 1h | 93.706 | −0.022% | $57K | $1.2M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.763 | +0.039% | $18.6M | $59.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.744 | +0.018% | $3.1M | $12.4M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.751 | +0.025% | $341K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.710 | −0.018% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.707 | −0.022% | $6.0M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.811 | +0.090% | $2.04B | $669.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.746 | +0.020% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.723 | −0.005% | $386.6M | $888.1M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.709 | −0.019% | $115.1M | $316.0M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.694 | −0.035% | $1.2M | $4.0M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.715 | −0.013% | $93.8M | $82.3M | 100x | as long as short |
| KuCoin HYPEUSDTMlong | +0.0100% | 4h | 93.727 | long leg | $46.5M | $18.7M | 75x | |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.731 | +0.004% | $227.6M | $102.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.715 | −0.013% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.747 | +0.021% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.652 | −0.080% | $29.0M | $50.0M | — | as long as short |
| GRVT HYPE_USDT_Perpshort | +0.0100% | 4h | 93.613 | −0.121% | $7.5M | $45.2M | 10x | |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.545 | −0.194% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.686 | −0.044% | $677K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.751 | +0.025% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.751 | +0.026% | $495K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.729 | +0.002% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.761 | +0.036% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.715 | −0.013% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.689 | −0.041% | $12.8M | $2.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.556 | −0.182% | $204K | $12K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.698 | −0.031% | $18.3M | $41.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.712 | −0.016% | $399K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0105% | 4h | 93.554 | −0.184% | $5.1M | $29.5M | 30x | as long as short |
| Kalshi KXHYPEPERP | +0.0135% | 8h | 93.806 | +0.084% | $1.9M | $5.3M | 2.3x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0166% | 1h | 93.826 | +0.106% | $7.4M | $4.6M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.760 | +0.035% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.717 | −0.011% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.610 | −0.125% | $30K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0313% | 4h | 93.884 | +0.168% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0164% | 1h | 93.755 | +0.030% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.691 | −0.038% | $17.1M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.787 | +0.064% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0572% | 1h | 93.807 | +0.086% | $19.2M | $26.0M | 50x | as long as short |
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Orderly PERP_HYPE_USDC
Phoenix HYPE
Popdex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
MEXC HYPE_USDT
Bitget HYPEUSDT
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
Phemex HYPEUSDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Kalshi KXHYPEPERP
Deribit HYPE_USDC-PERPETUAL
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD