Funding you earn now, next payment 09:00 UTC−0.1420%/8h= −155.5% APRnext payment −$1.78 per $10,000 · paid last 24h −0.281%
Price spread now: Hibachi against StandX−0.008%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$690.686% of the position
Funding, last 7 days−1.740%−$174 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.008%, 7d avg −0.080%
=Together, before fees−1.811%+ Points / potential airdropStandX: Active · Hibachi: Active · farm board−$181 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hibachi is 0.072% dearer against StandX than usual: you sell high and buy low (spread −0.008% now, against its 7-day average of −0.080%): +$7 on $10k if it goes back. Holding the pair costs −$43 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX HYPE-USD | 94.762 | 0.0100 | pay 0.0013% / 1h | 48m 04s | $695K | $2.7M | 20x |
| Short | Hibachi HYPE/USDT-P | 94.754 | −0.1320 | pay 0.0165% / 1h | 48m 04s | $208K | $268K | 7x |
StandX HYPE-USD
Hibachi HYPE/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi 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
- −$298.2
- Price spread: −0.008% → −0.080%
- $7.16
- Slippage, 4 orders
- −$51.57
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$359.61
- Costs to cover
- 0.686%
- Break-even
- never at this rate
Slippage from StandX: live order book, 1 min ago; Hibachi: live order book, 51 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, 1 min ago | 0.05 bp | 4.1 bp −$4 | 4.2 bp −$42 | 13.2 bp −$1,324 | doesn't fit |
| Sell Hibachi live order book, 51 min ago | 17.49 bp | 23.9 bp −$24 | 43.4 bp −$434 | 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-Pshort | −0.1320% | 1h | 94.754 | −0.008% | $208K | $268K | 7x | |
| Bluefin HYPE-PERP | −0.0390% | 1h | 94.763 | +0.001% | $80K | $150K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0315% | 1h | 94.788 | +0.027% | $22K | $20K | 10x | as long as short |
| Bullet HYPE-USD | −0.0183% | 1h | 94.803 | +0.043% | $112K | $577K | 20x | as long as short |
| Arcus HYPE-USD | −0.0112% | 1h | 94.741 | −0.022% | $1.0M | $3.5M | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0088% | 1h | 94.837 | +0.079% | $89K | $365K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.940 | +0.188% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0057% | 1h | 94.680 | −0.087% | $715K | $1.3M | 10x | as long as short |
| Kraken Futures PF_HYPEUSD | −0.0047% | 1h | 94.784 | +0.023% | $19.3M | $34.5M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0006% | 4h | 94.776 | +0.015% | $147K | $685K | 20x | as long as short |
Bluefin HYPE-PERP
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Arcus HYPE-USD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
Kraken Futures PF_HYPEUSD
Orderly PERP_HYPE_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX HYPE-USD | 0.0000% | 1h | 94.698 | −0.067% | $130K | $94K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 94.763 | +0.001% | $1.8M | $5.6M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.773 | +0.011% | $19K | $286K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 94.830 | +0.072% | $85K | — | 150x | as long as short |
| Phoenix HYPE | +0.0008% | 1h | 94.810 | +0.051% | $209K | $1.2M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0014% | 4h | 94.916 | +0.163% | $227.9M | $99.9M | 75x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0016% | 1h | 94.750 | −0.013% | $4.8M | $6.3M | 50x | as long as short |
| Derive HYPE-PERP | +0.0051% | 1h | 94.682 | −0.084% | $16.4M | $7.4M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0052% | 8h | 94.713 | −0.051% | $338K | $154K | 20x | as long as short |
| Vest HYPE-PERP | +0.0061% | 1h | 94.826 | +0.068% | — | $190K | 5x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0064% | 8h | 94.905 | +0.151% | $118.5M | $329.5M | 50x | as long as short |
| SoDEX HYPE-USD | +0.0083% | 1h | 94.781 | +0.020% | $2.1M | $2.0M | 10x | as long as short |
| edgeX HYPEUSDC | +0.0095% | 4h | 94.791 | +0.030% | $5.0M | $30.7M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.804 | +0.044% | $16.3M | $62.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.805 | +0.045% | $3.2M | $10.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.797 | +0.037% | $147K | $1.3M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.740 | −0.023% | $43K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.787 | +0.027% | $7.3M | $52.6M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.901 | +0.147% | $2.09B | $691.8M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.877 | +0.121% | $9.6M | $37.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.708 | −0.057% | $10.2M | $14.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.897 | +0.143% | $381.8M | $937.7M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0100% | 8h | 94.930 | +0.177% | $318.0M | $292.4M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.690 | −0.076% | $221K | $14K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.833 | +0.075% | $51.1M | $54.1M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.806 | +0.046% | $93.9M | $85.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.813 | +0.054% | $47.3M | $19.1M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.792 | +0.032% | — | $53.5M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.779 | +0.018% | $7.6M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.809 | +0.050% | $30.0M | $55.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.848 | +0.091% | $7.7M | $44.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.799 | +0.039% | $352K | $1.1M | 50x | as long as short |
| StandX HYPE-USDlong | +0.0100% | 1h | 94.762 | long leg | $695K | $2.7M | 20x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.830 | +0.072% | $500K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.916 | +0.163% | $33K | $1.6M | 20x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.882 | +0.127% | $1.4M | $6.9M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 94.821 | +0.062% | $12.9M | $2.9M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.901 | +0.147% | $18.5M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.884 | +0.129% | $401K | $153K | 20x | as long as short |
| RISEx HYPE/USDC | +0.0133% | 1h | 94.782 | +0.021% | $3.1M | $6.4M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0153% | 1h | 95.170 | +0.431% | $31K | $340K | 12x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0246% | 1h | 94.900 | +0.146% | $7.5M | $4.3M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0272% | 1h | 94.738 | −0.025% | $83K | $115K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0327% / S −0.0152% | 1h | 94.836 | +0.078% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.724 | −0.040% | $17.2M | $12.4M | 75x | as long as short |
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Bitget HYPEUSDT
Coinbase International HYPE-PERP-INTX
Derive HYPE-PERP
Paradex HYPE-USD-PERP
Vest HYPE-PERP
OKX HYPE-USDT-SWAP
SoDEX HYPE-USD
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
Bybit HYPEUSDT
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
Polymarket Perps HYPE-USD
SunX HYPE-USDT
HTX HYPE-USDT
Phemex HYPEUSDT
Extended HYPE-USD
Aevo HYPE-PERP
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT