Funding you earn now, next payment 00:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.053%
Price spread now: Hotstuff against StandX−0.162%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropStandX: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.162% cheaper against StandX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX HYPE-USD | 93.752 | 0.0100 | pay 0.0013% / 1h | 30m 13s | $678K | $2.5M | 20x |
| Short | Hotstuff HYPE-PERP | 93.600 | −0.0080 | pay 0.0010% / 1h | 30m 13s | $3K | $331 | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$37.8
- Price spread: −0.162% → 0.000%
- −$16.21
- Slippage, 4 orders
- no order book: not counted
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$67.01
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: StandX: live order book, 4 min ago; Hotstuff: 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 StandX live order book, 4 min ago | 1.33 bp | 5.3 bp −$5 | 5.5 bp −$55 | 17.6 bp −$1,760 | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 | −0.0808% | 1h | 93.632 | −0.128% | $198K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0353% | 1h | 93.847 | +0.101% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.532 | −0.235% | $1.2M | $3.8M | 10x | as long as short |
| Hotstuff HYPE-PERPshort | −0.0080% | 1h | 93.600 | −0.162% | $3K | $331 | 25x | |
| Ondo Perps HYPE-USD.P | −0.0060% | 1h | 93.570 | −0.194% | $703K | $910K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 93.619 | −0.142% | $87K | $365K | 20x | as long as short |
| Derive HYPE-PERP | −0.0017% | 1h | 93.575 | −0.189% | $16.4M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.583 | −0.181% | $127K | $30K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.642 | −0.117% | $23K | $329K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0002% | 4h | 93.628 | −0.132% | $166K | $583K | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.670 | −0.087% | $26K | — | 150x | as long as short |
| Phoenix HYPE | +0.0009% | 1h | 93.755 | +0.003% | $215K | $1.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0015% | 4h | 93.627 | −0.133% | $8.9M | $36.0M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0019% | 8h | 93.611 | −0.150% | $321.6M | $283.4M | 75x | as long as short |
| Binance HYPEUSDT | +0.0057% | 4h | 93.634 | −0.126% | $383.1M | $895.2M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0058% | 4h | 93.657 | −0.101% | $87.3M | $81.7M | 100x | as long as short |
| Phemex HYPEUSDT | +0.0072% | 8h | 93.665 | −0.093% | $12.8M | $2.6M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0080% | 4h | 93.817 | +0.069% | $5.1M | $29.9M | 30x | as long as short |
| Gate HYPE_USDT | +0.0082% | 4h | 93.623 | −0.138% | $44.5M | $59.1M | 75x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.676 | −0.081% | $18.8M | $60.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.644 | −0.115% | $3.0M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.641 | −0.118% | $63K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.646 | −0.114% | $398K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.621 | −0.139% | $340K | $171K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.600 | −0.162% | $43K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.569 | −0.195% | $5.7M | $44.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.618 | −0.143% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.624 | −0.137% | $115.3M | $320.1M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.625 | −0.136% | $204K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.639 | −0.121% | $46.5M | $18.5M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.648 | −0.111% | $226.8M | $102.7M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.645 | −0.114% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.607 | −0.155% | $7.8M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.564 | −0.200% | $31.2M | $53.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.786 | +0.036% | $7.6M | $45.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.819 | +0.071% | $341K | $1.1M | 50x | as long as short |
| StandX HYPE-USDlong | +0.0100% | 1h | 93.752 | long leg | $678K | $2.5M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 93.665 | −0.093% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.664 | −0.094% | $490K | $2.5M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.617 | −0.143% | $111K | $578K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.627 | −0.133% | $76K | $170K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.654 | −0.105% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.624 | −0.137% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.702% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.620 | −0.141% | $18.3M | $42.8M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0130% | 8h | 93.708 | −0.047% | $1.9M | $5.0M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.690 | −0.066% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0217% | 4h | 93.768 | +0.017% | $1.5M | $7.8M | 75x | as long as short |
| BloFin HYPE-USDT | +0.0237% | 4h | 93.601 | −0.161% | $17.0M | $12.6M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0249% | 1h | 93.643 | −0.117% | $77K | $142K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.676 | −0.081% | $2.8M | $6.9M | 20x | as long as short |
| Hyperliquid HYPE | +0.0287% | 1h | 93.689 | −0.067% | $2.03B | $676.0M | 10x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0337% / S −0.0163% | 1h | 93.664 | −0.094% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0412% | 1h | 93.743 | −0.010% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0579% | 1h | 93.707 | −0.048% | $20.9M | $29.4M | 50x | as long as short |
StandX HYPE-USD
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Derive HYPE-PERP
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Aster HYPEUSDT
Bybit HYPEUSDT
Binance HYPEUSDT
MEXC HYPE_USDT
Phemex HYPEUSDT
edgeX HYPEUSDC
Gate HYPE_USDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
BloFin HYPE-USDT
RISEx HYPE/USDC
Hyperliquid HYPE
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD