Funding you earn now, next payment 03:00 UTC+0.0016%/8h= +1.7% APRpaid last 24h −0.005%
Price spread now: edgeX against StandX−0.116%63s7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as 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−$200.203% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days+0.104%+$10 · spread now −0.116%, 7d avg −0.033%
=Together, before fees+0.102%+ Points / potential airdropStandX: Active · edgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.083% cheaper against StandX than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of −0.033%). If the spread goes back, that is −$8 on $10k: about 17 days of funding at the current rate ($0 a day). The two prices were read 63 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 | StandX HYPE-USD | 93.585 | 0.0100 | pay 0.0013% / 1h | 40m 18s | $668K | $2.6M | 20x |
| Short | edgeX HYPEUSDC | 93.476 | 0.0116 | get 0.0058% / 4h | 1h 40m | $5.1M | $29.6M | 30x |
StandX HYPE-USD
edgeX HYPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against StandX. 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
- $3.35
- Price spread: −0.116% → −0.033%
- −$8.31
- Slippage, 4 orders
- −$3.33
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$25.29
- Costs to cover
- 0.203%
- Break-even
- 59.9 days
Slippage from StandX: live order book, 4 min ago; edgeX: 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 StandX live order book, 4 min ago | 1.18 bp | 5.2 bp −$5 | 5.4 bp −$54 | 15.2 bp −$1,523 | doesn't fit |
| Sell edgeX live order book, 4 min ago | 0.43 bp | 4.9 bp −$5 | 5.6 bp −$56 | 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 | −0.1264% | 1h | 93.481 | −0.112% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.229 | −0.380% | $1.2M | $3.8M | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0184% | 1h | 93.318 | −0.285% | $79K | $170K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.351 | −0.250% | $3K | $331 | 25x | as long as short |
| Phemex HYPEUSDT | −0.0067% | 8h | 93.304 | −0.300% | $12.6M | $2.7M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0058% | 1h | 93.260 | −0.347% | $700K | $980K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0048% | 1h | 93.402 | −0.196% | $85K | $346K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0046% | 4h | 93.328 | −0.275% | $155K | $630K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0036% | 1h | 93.409 | −0.188% | $22K | $21K | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.361 | −0.240% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Bluefin HYPE-PERP
Hotstuff HYPE-PERP
Phemex HYPEUSDT
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Aftermath Perps HYPEUSD
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.394 | −0.204% | $23K | $322K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.364 | −0.236% | $62K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0016% | 4h | 93.335 | −0.267% | $8.8M | $35.6M | 300x | as long as short |
| Bullet HYPE-USD | +0.0021% | 1h | 93.334 | −0.268% | $111K | $578K | 20x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.549 | −0.038% | $213K | $1.2M | 10x | as long as short |
| BingX HYPE-USDT | +0.0026% | 4h | 93.344 | −0.258% | — | $53.1M | — | as long as short |
| Bybit HYPEUSDT | +0.0034% | 8h | 93.328 | −0.275% | $321.8M | $277.0M | 75x | as long as short |
| Gate HYPE_USDT | +0.0044% | 4h | 93.343 | −0.259% | $44.5M | $54.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0078% | 8h | 93.330 | −0.272% | $114.1M | $301.9M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.370 | −0.230% | $16.3M | $61.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.341 | −0.261% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.397 | −0.201% | $69K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.380 | −0.219% | $339K | $162K | 20x | as long as short |
| Binance HYPEUSDT | +0.0097% | 4h | 93.343 | −0.259% | $378.8M | $877.0M | 75x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.410 | −0.187% | $17K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.335 | −0.267% | $5.8M | $43.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.436 | −0.159% | $2.04B | $655.6M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.384 | −0.215% | $10.0M | $14.6M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.580 | −0.005% | $204K | $10K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.345 | −0.256% | $89.9M | $80.7M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.396 | −0.202% | $45.9M | $18.1M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.344 | −0.258% | $225.7M | $96.7M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.319 | −0.284% | $7.4M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.317 | −0.287% | $31.1M | $53.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.553 | −0.035% | $7.6M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.487 | −0.105% | $340K | $999K | 50x | as long as short |
| StandX HYPE-USDlong | +0.0100% | 1h | 93.585 | long leg | $668K | $2.6M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 93.403 | −0.194% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.372 | −0.228% | $472K | $2.5M | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.332 | −0.271% | $16.2M | $7.6M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.428 | −0.168% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.332 | −0.270% | $2.0M | $1.9M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.316 | −0.288% | $18.4M | $43.7M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.333 | −0.269% | $397K | $163K | 20x | as long as short |
| edgeX HYPEUSDCshort | +0.0116% | 4h | 93.476 | −0.116% | $5.1M | $29.6M | 30x | |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.440 | −0.155% | $4.9M | $5.4M | 50x | as long as short |
| HTX HYPE-USDT | +0.0200% | 4h | 93.500 | −0.091% | $1.4M | $6.0M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0257% | 1h | 93.331 | −0.271% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0279% | 8h | 93.417 | −0.180% | $1.9M | $5.1M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.364 | −0.236% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.300 | −0.305% | $16.9M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0393% | 1h | 93.426 | −0.170% | $7.4M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.450 | −0.144% | $3.2M | $6.5M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.200 | −0.411% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0685% | 1h | 93.408 | −0.189% | $20.7M | $30.1M | 50x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Bullet HYPE-USD
Phoenix HYPE
BingX HYPE-USDT
Bybit HYPEUSDT
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Binance HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD