Funding you earn now, next payment 06:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.052%
Price spread now: Hotstuff against StandX−0.038%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropStandX: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.038% cheaper against StandX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX HYPE-USD | 93.230 | 0.0100 | pay 0.0013% / 1h | 31m 05s | $667K | $2.8M | 20x |
| Short | Hotstuff HYPE-PERP | 93.195 | −0.0080 | pay 0.0010% / 1h | 31m 05s | $3K | $331 | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$37.8
- Price spread: −0.038% → 0.000%
- −$3.75
- Slippage, 4 orders
- no order book: not counted
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$54.55
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: StandX: live order book, 3 min ago; Hotstuff: no order-book sample. 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 StandX live order book, 3 min ago | 1.02 bp | 5.0 bp −$5 | 5.2 bp −$52 | 11.7 bp −$1,175 | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1568% | 1h | 93.135 | −0.102% | $196K | $234K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0359% | 1h | 93.298 | +0.073% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERPshort | −0.0080% | 1h | 93.195 | −0.038% | $3K | $331 | 25x | |
| Bullet HYPE-USD | −0.0061% | 1h | 93.174 | −0.060% | $110K | $578K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0023% | 4h | 93.157 | −0.078% | $146K | $662K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0016% | 1h | 93.225 | −0.005% | $87K | $366K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.219 | −0.012% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.203 | −0.029% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.207 | −0.024% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.166 | −0.069% | $1.0M | $4.0M | 10x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0016% | 4h | 93.208 | −0.024% | $225.3M | $99.0M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0020% | 8h | 93.170 | −0.064% | $316.5M | $282.9M | 75x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0024% | 1h | 93.150 | −0.086% | $702K | $1.2M | 10x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.263 | +0.035% | $207K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0054% | 8h | 93.201 | −0.031% | $12.6M | $2.7M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0088% | 4h | 93.175 | −0.059% | $5.0M | $30.0M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 93.223 | −0.008% | $339K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.190 | −0.043% | $16.1M | $63.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.183 | −0.050% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.189 | −0.044% | $75K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.160 | −0.075% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.207 | −0.025% | $8.0M | $48.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.249 | +0.020% | $2.03B | $669.0M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.186 | −0.047% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.229 | −0.001% | $10.0M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.191 | −0.042% | $373.4M | $912.8M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.189 | −0.044% | $114.2M | $309.3M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.230 | 0.000% | $215K | $15K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.176 | −0.058% | $46.7M | $54.3M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.191 | −0.042% | $90.9M | $81.1M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.178 | −0.056% | $46.0M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.189 | −0.044% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.225 | −0.005% | $7.3M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.351 | +0.129% | $28.6M | $56.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.218 | −0.013% | $7.5M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.165 | −0.070% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USDlong | +0.0100% | 1h | 93.230 | long leg | $667K | $2.8M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 93.260 | +0.033% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.206 | −0.026% | $483K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.169 | −0.065% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.154 | −0.082% | $16.1M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.210 | −0.021% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.162 | −0.073% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.329 | +0.106% | $1.4M | $6.5M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.130 | −0.107% | $18.1M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.178 | −0.056% | $394K | $158K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0108% | 8h | 93.259 | +0.031% | $1.8M | $5.7M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.120 | −0.118% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.230 | 0.000% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.187 | −0.046% | $80K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.193 | −0.039% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.160 | −0.075% | $16.9M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0342% | 1h | 93.225 | −0.006% | $20.8M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0426% | 1h | 93.257 | +0.029% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.265 | +0.038% | $3.2M | $6.3M | 20x | as long as short |
StandX HYPE-USD
Aftermath Perps HYPEUSD
Bullet HYPE-USD
01 Exchange HYPEUSD
gTrade (Gains Network) HYPE/USD
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC