Funding you earn now, next payment 04:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.003%
Price spread now: GRVT against Paradex+0.315%51s7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.395% of the position
Funding, last 4 days (all we have)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.428%−$43 · spread now +0.315%, 7d avg 0.000%
=Together, before fees−0.429%+ Points / potential airdropParadex: Active · GRVT: Active · farm board−$43 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 0.315% dearer against Paradex than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of 0.000%. The two prices were read 51 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 | Paradex HYPE-USD-PERP | 92.507 | 0.0092 | pay 0.0092% / 8h | 4h 50m | $338K | $162K | 20x |
| Short | GRVT HYPE_USDT_Perp | 92.799 | 0.0100 | get 0.0050% / 4h | 50m 10s | $7.5M | $45.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Paradex. 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
- $1.65
- Price spread: +0.315% → 0.000%
- $31.53
- Slippage, 4 orders
- −$26.47
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$6.28
- Costs to cover
- 0.395%
- Break-even
- 33.6 days
Slippage from Paradex: live order book, 9 min ago; GRVT: live order book, 4 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 Paradex live order book, 9 min ago | 12.88 bp | 14.9 bp −$15 | 149.0 bp −$1,490 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 0.05 bp | 4.6 bp −$5 | 5.8 bp −$58 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.287 | −0.238% | $1.2M | $3.8M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0728% | 1h | 92.519 | +0.012% | $194K | $227K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0112% | 1h | 92.647 | +0.151% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0104% | 1h | 92.387 | −0.130% | $85K | $352K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.501 | −0.007% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0067% | 4h | 92.385 | −0.132% | $157K | $663K | 20x | as long as short |
| Bullet HYPE-USD | −0.0053% | 1h | 92.394 | −0.122% | $110K | $579K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0047% | 1h | 92.360 | −0.159% | $699K | $1.1M | 10x | as long as short |
| Aster HYPEUSDT | −0.0005% | 4h | 92.415 | −0.100% | $8.7M | $36.2M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.417 | −0.097% | $127K | $31K | 5x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 92.413 | −0.102% | $23K | $309K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.436 | −0.077% | $61K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0020% | 1h | 92.367 | −0.151% | $16.0M | $7.5M | 10x | as long as short |
| BingX HYPE-USDT | +0.0032% | 4h | 92.405 | −0.110% | — | $53.2M | — | as long as short |
| Phemex HYPEUSDT | +0.0038% | 8h | 92.433 | −0.080% | $12.5M | $2.7M | 50x | as long as short |
| Bybit HYPEUSDT | +0.0038% | 8h | 92.390 | −0.127% | $317.1M | $279.2M | 75x | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.855 | +0.376% | $211K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0050% | 4h | 92.404 | −0.112% | $44.4M | $54.5M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0072% | 1h | 92.395 | −0.121% | $67K | $1.2M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0074% | 8h | 92.387 | −0.130% | $112.9M | $300.6M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0078% | 4h | 92.394 | −0.122% | $87.5M | $80.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0079% | 4h | 92.398 | −0.118% | $371.5M | $893.0M | 75x | as long as short |
| Paradex HYPE-USD-PERPlong | +0.0092% | 8h | 92.507 | long leg | $338K | $162K | 20x | |
| Lighter HYPE | +0.0096% | 1h | 92.411 | −0.104% | $16.0M | $62.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.410 | −0.105% | $3.1M | $11.6M | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 92.370 | −0.148% | $13K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.400 | −0.116% | $5.8M | $43.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.452 | −0.059% | $2.01B | $658.6M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.441 | −0.072% | $10.0M | $14.9M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | +0.317% | $202K | $13K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.414 | −0.101% | $45.8M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.403 | −0.113% | $223.6M | $97.5M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.435 | −0.078% | $7.4M | $10.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.469 | −0.041% | $28.5M | $57.1M | — | as long as short |
| GRVT HYPE_USDT_Perpshort | +0.0100% | 4h | 92.799 | +0.315% | $7.5M | $45.8M | 10x | |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.847 | +0.367% | $339K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.569 | +0.067% | $664K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.481 | −0.029% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.438 | −0.075% | $467K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.463 | −0.048% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.406 | −0.109% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.600 | +0.100% | $1.4M | $6.2M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0103% | 4h | 92.776 | +0.290% | $5.1M | $29.2M | 30x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.372 | −0.146% | $18.1M | $43.4M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.434 | −0.079% | $391K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 92.430 | −0.083% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.480 | −0.029% | $4.7M | $5.5M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0260% | 1h | 92.391 | −0.125% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0262% | 8h | 92.513 | +0.006% | $1.8M | $5.4M | 2.3x | as long as short |
| BloFin HYPE-USDT | +0.0317% | 4h | 92.544 | +0.040% | $16.8M | $11.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0329% / S −0.0153% | 1h | 92.424 | −0.089% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0333% | 1h | 92.439 | −0.074% | $20.5M | $30.4M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0464% | 1h | 92.500 | −0.008% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.479 | −0.030% | $3.1M | $6.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.1078% | 1h | 92.386 | −0.131% | $78K | $169K | 20x | as long as short |
Paradex HYPE-USD-PERP
GRVT HYPE_USDT_Perp
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Bullet HYPE-USD
Aster HYPEUSDT
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
BingX HYPE-USDT
Phemex HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Gate HYPE_USDT
Popdex HYPEUSDT
OKX HYPE-USDT-SWAP
MEXC HYPE_USDT
Binance HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
edgeX HYPEUSDC
Extended HYPE-USD
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Bluefin HYPE-PERP