Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: GRVT against Hyperliquid−0.137%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$2212.209% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)+0.364%+$36 · spread now −0.137%, 7d avg −0.041%
=Together, before fees+0.420%+ Points / potential airdropHyperliquid: Season 2 · GRVT: Active · farm board+$42 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: GRVT is 0.096% cheaper against Hyperliquid than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid W | 0.01192 | 0.0100 | pay 0.0013% / 1h | 18m 49s | $2.0M | $383K | 5x |
| Short | GRVT W_USDT_Perp | 0.01190 | 0.0100 | get 0.0050% / 4h | 1h 18m | $126K | $413K | 10x |
Hyperliquid W
GRVT W_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Hyperliquid. 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: −0.137% → −0.041%
- −$9.63
- Slippage, 4 orders
- −$202.92
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$230.55
- Costs to cover
- 2.209%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; GRVT: live order book, 44 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 Hyperliquid live order book, 2 min ago | 4.19 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 44 min ago | 4.23 bp | 101.3 bp −$101 | 162.1 bp −$1,621 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0002% | 1h | 0.01192 | +0.034% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.426% | $1K | $1K | 12x | as long as short |
| Hyperliquid Wlong | +0.0100% | 1h | 0.01192 | long leg | $2.0M | $383K | 5x | |
| Binance WUSDT | +0.0100% | 4h | 0.01193 | +0.047% | $3.0M | $6.6M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01191 | −0.076% | $4.2M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01191 | −0.109% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01190 | −0.168% | $451K | $253K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01193 | +0.050% | $12.9M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01191 | −0.084% | $385K | $214K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01193 | +0.084% | $1.3M | $570K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01193 | +0.050% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01191 | −0.111% | $72K | $41K | — | as long as short |
| GRVT W_USDT_Perpshort | +0.0100% | 4h | 0.01190 | −0.137% | $126K | $413K | 10x | |
| Extended W-USD | +0.0104% | 1h | 0.01192 | +0.021% | $61K | $237K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0312% | 1h | 0.01193 | +0.084% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0647% | 1h | 0.01194 | +0.176% | $44K | $45K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1700% | 1h | 0.01195 | +0.266% | $148K | $184K | 20x | as long as short |
BingX W-USDT
Variational Omni W
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD