Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: StandX against Variational Omni+0.224%7-day average +0.026% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.005%$0 on $10k
+Price spread, last 7 days−0.207%−$21 · spread now +0.224%, 7d avg +0.026%
=Together, before fees−0.202%+ Points / potential airdropVariational Omni: Active · StandX: Active · farm board−$20 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: StandX is 0.197% dearer against Variational Omni than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HYPE | 93.295 | 0.0100 | pay 0.0100% / 8h | 2h 47m | $28.8M | $49.8M | — |
| Short | StandX HYPE-USD | 93.504 | 0.0100 | get 0.0013% / 1h | 47m 34s | $676K | $2.4M | 20x |
Variational Omni HYPE
StandX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Variational Omni. 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
- $0
- Price spread: +0.224% → +0.026%
- $19.74
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- $11.74
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; StandX: live order book, 1 min ago. 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 Variational Omni RFQ quote, 2 min ago | 0.41 bp | doesn't fit | 5.1 bp −$51 | 19.2 bp −$1,921 | doesn't fit |
| Sell StandX live order book, 1 min ago | 1.28 bp | 5.3 bp −$5 | 5.6 bp −$56 | 16.0 bp −$1,597 | 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 | −0.1256% | 1h | 93.344 | +0.052% | $197K | $233K | 7x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0168% | 1h | 93.330 | +0.037% | $700K | $944K | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0165% | 1h | 93.409 | +0.121% | $22K | $22K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.449 | +0.165% | $89K | $344K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.472 | +0.189% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0001% | 1h | 93.419 | +0.132% | $112K | $583K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.504 | +0.223% | $127K | $33K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.559 | +0.282% | $1.9M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.443 | +0.158% | $23K | $343K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.513 | +0.233% | $19K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Ondo Perps HYPE-USD.P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0014% | 4h | 93.487 | +0.205% | $8.9M | $36.2M | 300x | as long as short |
| Derive HYPE-PERP | +0.0017% | 1h | 93.431 | +0.146% | $16.4M | $7.1M | 10x | as long as short |
| Gate HYPE_USDT | +0.0028% | 4h | 93.445 | +0.160% | $44.2M | $56.3M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0041% | 8h | 93.420 | +0.133% | $325.7M | $287.9M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.408 | +0.121% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0076% | 4h | 93.500 | +0.219% | $180K | $536K | 20x | as long as short |
| ApeX Omni HYPEUSDT | +0.0092% | 1h | 93.318 | +0.024% | $405K | $1.1M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.492 | +0.211% | $18.5M | $59.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.464 | +0.181% | $3.1M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.430 | +0.144% | $56K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.480 | +0.198% | $40K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.418 | +0.132% | $6.0M | $44.3M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.491 | +0.210% | $2.04B | $669.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.462 | +0.179% | $10.0M | $14.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.433 | +0.147% | $385.9M | $889.3M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.416 | +0.129% | $114.8M | $315.5M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.421 | +0.135% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.335 | +0.043% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.422 | +0.136% | $93.1M | $81.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.433 | +0.147% | $46.3M | $19.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.433 | +0.147% | $226.9M | $102.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.430 | +0.144% | — | $54.3M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.523 | +0.244% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPElong | +0.0100% | 8h | 93.295 | long leg | $28.8M | $49.8M | — | |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.407 | +0.120% | $7.5M | $46.2M | 10x | as long as short |
| StandX HYPE-USDshort | +0.0100% | 1h | 93.504 | +0.224% | $676K | $2.4M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 93.486 | +0.204% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.471 | +0.188% | $494K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.493 | +0.212% | $76K | $169K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.529 | +0.250% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.495 | +0.214% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.488 | +0.206% | $12.7M | $2.6M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.473 | +0.190% | $339K | $171K | 20x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.427 | +0.141% | $18.4M | $41.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.515 | +0.236% | $398K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0108% | 4h | 93.395 | +0.106% | $5.1M | $29.5M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.550 | +0.273% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.426 | +0.140% | $77K | $157K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0252% | 1h | 93.599 | +0.325% | $7.4M | $4.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.290 | −0.006% | $30K | $231K | 12x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.512 | +0.232% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.376 | +0.086% | $17.1M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0398% | 4h | 93.650 | +0.380% | $1.5M | $7.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.512 | +0.232% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0573% | 1h | 93.603 | +0.330% | $19.2M | $25.9M | 50x | as long as short |
Aster HYPEUSDT
Derive HYPE-PERP
Gate HYPE_USDT
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
ApeX Omni HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
GRVT HYPE_USDT_Perp
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
Injective HYPE/USDC PERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
HTX HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD