Funding you earn now, next payment 23:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.15 per $10,000 · paid last 24h −0.023%
Price spread now: 01 Exchange against StandX+0.058%7-day average +0.031% · 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−$24as in the Price arb table
costs, in and out, $10k−$270.267% of the position
Funding, last 3 days (all we have)−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.393%+$39 · spread now +0.058%, 7d avg +0.031%
=Together, before fees+0.363%+ Points / potential airdropStandX: Active · farm board+$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. 01 Exchange is 0.027% dearer against StandX than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of +0.031%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 3 days (−0.030% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX HYPE-USD | 93.047 | 0.0100 | pay 0.0013% / 1h | 34m 58s | $673K | $2.5M | 20x |
| Short | 01 Exchange HYPEUSD | 93.101 | −0.0016 | pay 0.0002% / 1h | 34m 58s | $90K | $362K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$24.36
- Price spread: +0.058% → +0.031%
- $2.73
- Slippage, 4 orders
- −$11.72
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$48.35
- Costs to cover
- 0.267%
- Break-even
- never at this rate
Slippage from StandX: live order book, 4 min ago; 01 Exchange: live order book, 49 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 | 2.79 bp | 7.5 bp −$8 | 9.4 bp −$94 | 13.7 bp −$1,366 | doesn't fit |
| Sell 01 Exchange live order book, 49 min ago | 0.05 bp | 6.1 bp −$6 | 10.1 bp −$101 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0375% | 1h | 93.139 | +0.099% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0192% | 1h | 93.147 | +0.108% | $197K | $230K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.060 | +0.014% | $1.2M | $4.0M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0107% | 1h | 93.070 | +0.025% | $698K | $923K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.118 | +0.076% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSDshort | −0.0016% | 1h | 93.101 | +0.058% | $90K | $362K | 20x | |
| Popdex HYPEUSDT | −0.0008% | 1h | 93.106 | +0.063% | $57K | $1.2M | 50x | as long as short |
| Aster HYPEUSDT | −0.0001% | 4h | 93.109 | +0.067% | $8.8M | $36.0M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.036 | −0.011% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.124 | +0.083% | $23K | $331K | 10x | 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 −0.0001% | 1h | 93.175 | +0.138% | $20K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0026% | 8h | 93.100 | +0.057% | $323.1M | $286.9M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0031% | 4h | 93.136 | +0.096% | $172K | $520K | 20x | as long as short |
| Bullet HYPE-USD | +0.0031% | 1h | 93.119 | +0.078% | $111K | $579K | 20x | as long as short |
| Derive HYPE-PERP | +0.0031% | 1h | 93.113 | +0.070% | $16.3M | $7.1M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.106 | +0.063% | $214K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0042% | 4h | 93.138 | +0.098% | $43.9M | $58.0M | 75x | as long as short |
| Binance HYPEUSDT | +0.0083% | 4h | 93.165 | +0.127% | $382.8M | $893.5M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0088% | 4h | 93.151 | +0.112% | $89.9M | $81.8M | 100x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.199 | +0.163% | $18.5M | $58.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.173 | +0.135% | $3.1M | $12.1M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0098% | 8h | 93.065 | +0.019% | $338K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.140 | +0.100% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.106 | +0.063% | $5.9M | $44.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.176 | +0.139% | $2.02B | $670.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.111 | +0.069% | $10.0M | $14.3M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.090 | +0.046% | $113.8M | $313.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.390 | +0.369% | $204K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.160 | +0.121% | $47.2M | $18.9M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.110 | +0.068% | $225.7M | $102.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.147 | +0.107% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.173 | +0.135% | $7.8M | $11.2M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.034 | −0.014% | $29.0M | $50.5M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.137 | +0.097% | $7.5M | $46.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.246 | +0.214% | $412K | $1.0M | 50x | as long as short |
| StandX HYPE-USDlong | +0.0100% | 1h | 93.047 | long leg | $673K | $2.5M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 93.145 | +0.105% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.147 | +0.107% | $492K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.162 | +0.124% | $75K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.174 | +0.136% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.135 | +0.095% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.160 | +0.121% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.080 | +0.035% | $18.2M | $42.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.134 | +0.093% | $396K | $318K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0105% | 8h | 93.240 | +0.207% | $1.9M | $5.3M | 2.3x | as long as short |
| edgeX HYPEUSDC | +0.0110% | 4h | 93.120 | +0.078% | $5.1M | $29.6M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.150 | +0.111% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 92.970 | −0.083% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0247% | 1h | 93.141 | +0.101% | $78K | $158K | 15x | as long as short |
| HTX HYPE-USDT | +0.0256% | 4h | 93.300 | +0.272% | $1.5M | $7.7M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.159 | +0.121% | $2.8M | $6.8M | 20x | as long as short |
| BloFin HYPE-USDT | +0.0323% | 4h | 93.167 | +0.129% | $16.9M | $12.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0158% | 1h | 93.168 | +0.130% | $1.5M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0437% | 1h | 93.252 | +0.220% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0466% | 1h | 93.257 | +0.226% | $20.8M | $28.9M | 50x | as long as short |
StandX HYPE-USD
01 Exchange HYPEUSD
Aftermath Perps HYPEUSD
Popdex HYPEUSDT
Aster HYPEUSDT
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Bullet HYPE-USD
Derive HYPE-PERP
Phoenix HYPE
Gate HYPE_USDT
Binance HYPEUSDT
MEXC HYPE_USDT
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
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
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Kalshi KXHYPEPERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
RISEx HYPE/USDC
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD