Funding you earn now, next payment 04:00 UTC+0.1320%/8h= +144.5% APRpaid last 24h +0.032%
Price spread now: Hyperliquid against GRVT−0.004%105s7-day average −0.089% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now −0.004%, 7d avg −0.089%
=Together, before fees−0.198%+ Points / potential airdropGRVT: Active · Hyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and Hyperliquid is 0.085% dearer against GRVT than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.089%. Mind the row above: over the last 7 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT PROVE_USDT_Perp | 0.2328 | −0.2622 | get 0.1311% / 4h | 31m 41s | $222K | $2.8M | 10x |
| Short | Hyperliquid PROVE | 0.2328 | −0.1302 | pay 0.0163% / 1h | 31m 41s | $337K | $951K | 3x |
GRVT PROVE_USDT_Perp
Hyperliquid PROVEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against GRVT. 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
- $277.22
- Price spread: −0.004% → −0.089%
- $8.48
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $267.7
- Costs to cover
- 0.180%
- Break-even
- 0.2 days
Slippage unknown: GRVT: live order book, 2 min ago; Hyperliquid: live order book, 68 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 GRVT live order book, 2 min ago | 4.30 bp | 57.7 bp −$58 | 243.9 bp −$2,439 | 88757.3 bp −$8.88M | doesn't fit |
| Sell Hyperliquid live order book, 68 min ago | 4.54 bp | 23.7 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
PROVE on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PROVE-USDT-SWAP | −0.3459% | 4h | 0.2327 | −0.034% | $615K | $8.4M | 20x | as long as short |
| Aster PROVEUSDT | −0.3409% | 4h | 0.2326 | −0.063% | $46K | $274K | 5x | as long as short |
| Bitget PROVEUSDT | −0.3340% | 4h | 0.2327 | −0.034% | $694K | $5.2M | 50x | as long as short |
| Bybit PROVEUSDT | −0.3338% | 4h | 0.2334 | +0.267% | $2.1M | $11.5M | 25x | as long as short |
| MEXC PROVE_USDT | −0.3246% | 4h | 0.2326 | −0.077% | $282K | $417K | 20x | as long as short |
| Binance PROVEUSDT | −0.3178% | 4h | 0.2328 | +0.009% | $3.4M | $37.9M | 75x | as long as short |
| KuCoin PROVEUSDTM | −0.3042% | 4h | 0.2329 | +0.035% | $2.8M | $1.2M | 50x | as long as short |
| Gate PROVE_USDT | −0.2776% | 4h | 0.2330 | +0.095% | $199K | $1.1M | 75x | as long as short |
| GRVT PROVE_USDT_Perplong | −0.2622% | 4h | 0.2328 | long leg | $222K | $2.8M | 10x | |
| ApeX Omni PROVEUSDT | −0.2481% | 1h | 0.2329 | +0.052% | $49K | $334K | 50x | as long as short |
OKX PROVE-USDT-SWAP
Aster PROVEUSDT
Bitget PROVEUSDT
Bybit PROVEUSDT
MEXC PROVE_USDT
Binance PROVEUSDT
KuCoin PROVEUSDTM
Gate PROVE_USDT
ApeX Omni PROVEUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PROVE | −0.2344% | 4h | 0.2328 | −0.009% | $28K | $47K | — | as long as short |
| BingX PROVE-USDT | −0.2336% | 4h | 0.2327 | −0.034% | — | $2.5M | — | as long as short |
| Hyperliquid PROVEshort | −0.1302% | 1h | 0.2328 | −0.004% | $337K | $951K | 3x | |
| Lighter PROVE | +0.0096% | 1h | 0.2334 | +0.271% | $82K | $141K | 3x | as long as short |
Variational Omni PROVE
BingX PROVE-USDT
Lighter PROVE