Funding you earn now, next payment 00:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.005%
Price spread now: GRVT against 01 Exchange−0.086%56s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$230.232% of the position
Funding, last 3 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now −0.086%, 7d avg −0.025%
=Together, before fees−0.105%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.061% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.025%). If the spread goes back, that is −$6 on $10k: about 27 hours of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.012% in total) that is about 18 days. The two prices were read 56 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 | 01 Exchange HYPEUSD | 93.936 | −0.0080 | get 0.0010% / 1h | 8m 17s | $86K | $368K | 20x |
| Short | GRVT HYPE_USDT_Perp | 93.855 | 0.0100 | get 0.0050% / 4h | 8m 17s | $7.6M | $45.6M | 10x |
01 Exchange HYPEUSD
GRVT HYPE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against 01 Exchange. 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: −0.086% → −0.025%
- −$6.14
- Slippage, 4 orders
- −$7.22
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $8.44
- Costs to cover
- 0.232%
- Break-even
- 5.4 days
Slippage from 01 Exchange: live order book, 6 min ago; GRVT: live order book, 6 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 01 Exchange live order book, 6 min ago | 0.16 bp | 6.9 bp −$7 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 6 min ago | 0.05 bp | 4.8 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 | −0.1296% | 1h | 93.798 | −0.147% | $199K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0391% | 1h | 93.894 | −0.045% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.830 | −0.113% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0116% | 1h | 93.870 | −0.070% | $705K | $917K | 10x | as long as short |
| 01 Exchange HYPEUSDlong | −0.0080% | 1h | 93.936 | long leg | $86K | $368K | 20x | |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.944 | +0.009% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0003% | 4h | 93.958 | +0.023% | $170K | $593K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.941 | +0.006% | $128K | $30K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.964 | +0.029% | $23K | $329K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.954 | +0.019% | $27K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix HYPE | +0.0009% | 1h | 93.919 | −0.018% | $217K | $1.2M | 10x | as long as short |
| Derive HYPE-PERP | +0.0011% | 1h | 93.875 | −0.065% | $16.4M | $7.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0018% | 4h | 93.931 | −0.005% | $8.9M | $36.1M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0019% | 8h | 93.920 | −0.017% | $323.1M | $284.0M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0037% | 8h | 93.880 | −0.060% | $12.8M | $2.6M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0050% | 4h | 93.923 | −0.014% | $88.4M | $82.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0052% | 4h | 93.925 | −0.012% | $383.9M | $898.5M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0061% | 4h | 93.800 | −0.144% | $5.1M | $29.6M | 30x | as long as short |
| Popdex HYPEUSDT | +0.0064% | 1h | 93.933 | −0.003% | $60K | $1.2M | 50x | as long as short |
| Gate HYPE_USDT | +0.0070% | 4h | 93.927 | −0.010% | $44.2M | $60.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0090% | 8h | 93.926 | −0.011% | $115.9M | $322.8M | 50x | as long as short |
| Bullet HYPE-USD | +0.0095% | 1h | 93.944 | +0.008% | $113K | $578K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.977 | +0.044% | $18.9M | $60.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.956 | +0.021% | $3.1M | $12.3M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.929 | −0.008% | $400K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.975 | +0.041% | $341K | $171K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.920 | −0.017% | $38K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.925 | −0.011% | $5.7M | $44.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.026 | +0.096% | $2.05B | $679.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.951 | +0.016% | $10.1M | $14.5M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.889 | −0.050% | $205K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.930 | −0.006% | $46.5M | $18.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.936 | 0.000% | $227.5M | $102.3M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.919 | −0.018% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.973 | +0.039% | $7.9M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.811 | −0.133% | $31.2M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perpshort | +0.0100% | 4h | 93.855 | −0.086% | $7.6M | $45.6M | 10x | |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.859 | −0.082% | $359K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.956 | +0.021% | $679K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.968 | +0.034% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.959 | +0.024% | $472K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.931 | −0.005% | $76K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.960 | +0.026% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.922 | −0.015% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.505% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.907 | −0.031% | $18.3M | $42.8M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 94.010 | +0.079% | $4.9M | $5.7M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0155% | 8h | 94.007 | +0.076% | $1.9M | $5.0M | 2.3x | as long as short |
| HTX HYPE-USDT | +0.0192% | 4h | 94.106 | +0.181% | $1.5M | $7.8M | 75x | as long as short |
| BloFin HYPE-USDT | +0.0206% | 4h | 93.947 | +0.012% | $17.0M | $12.6M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0250% | 1h | 93.918 | −0.019% | $77K | $142K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0271% | 1h | 94.029 | +0.099% | $7.5M | $4.6M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.979 | +0.046% | $2.8M | $6.9M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0163% | 1h | 93.962 | +0.027% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0577% | 1h | 94.026 | +0.095% | $21.0M | $29.5M | 50x | as long as short |
Phoenix HYPE
Derive HYPE-PERP
Aster HYPEUSDT
Bybit HYPEUSDT
Phemex HYPEUSDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Popdex HYPEUSDT
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
Bullet HYPE-USD
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
HTX HYPE-USDT
BloFin HYPE-USDT
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD