Funding you earn now, next payment 00:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.08 per $10,000 · paid last 24h −0.023%
Price spread now: Ondo Perps against StandX−0.052%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 7 days−0.185%−$18 · spread now −0.052%, 7d avg −0.005%
=Together, before fees−0.314%+ Points / potential airdropStandX: Active · Ondo Perps: Active · farm board−$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.047% cheaper against StandX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX HYPE-USD | 94.199 | 0.0100 | pay 0.0013% / 1h | 45m 20s | $681K | $2.5M | 20x |
| Short | Ondo Perps HYPE-USD.P | 94.150 | 0.0035 | get 0.0004% / 1h | 45m 20s | $705K | $909K | 10x |
StandX HYPE-USD
Ondo Perps HYPE-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$13.61
- Price spread: −0.052% → −0.005%
- −$4.7
- Slippage, 4 orders
- no order book: not counted
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$31.31
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: StandX: live order book, 3 min ago; Ondo Perps: 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 | 1.33 bp | 5.3 bp −$5 | 5.5 bp −$55 | 15.0 bp −$1,501 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | −0.0600% | 1h | 94.204 | +0.005% | $199K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0438% | 1h | 94.104 | −0.101% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 94.132 | −0.071% | $1.2M | $3.8M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.203 | +0.004% | $3K | $331 | 25x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.266 | +0.071% | $128K | $30K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.205 | +0.007% | $23K | $329K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 94.237 | +0.041% | $27K | — | 150x | as long as short |
| Phoenix HYPE | +0.0009% | 1h | 94.301 | +0.108% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0012% | 4h | 94.196 | −0.003% | $165K | $552K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0022% | 8h | 94.194 | −0.005% | $325.0M | $281.7M | 75x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Orderly PERP_HYPE_USDC
Bybit HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps HYPE-USD.Pshort | +0.0035% | 1h | 94.150 | −0.052% | $705K | $909K | 10x | |
| Aster HYPEUSDT | +0.0043% | 4h | 94.219 | +0.021% | $9.0M | $35.9M | 300x | as long as short |
| Phemex HYPEUSDT | +0.0054% | 8h | 94.184 | −0.016% | $12.8M | $2.6M | 50x | as long as short |
| 01 Exchange HYPEUSD | +0.0056% | 1h | 94.216 | +0.018% | $87K | $364K | 20x | as long as short |
| Gate HYPE_USDT | +0.0074% | 4h | 94.206 | +0.007% | $44.3M | $58.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0078% | 4h | 94.205 | +0.006% | $89.0M | $81.1M | 100x | as long as short |
| Binance HYPEUSDT | +0.0079% | 4h | 94.208 | +0.010% | $386.0M | $889.4M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0079% | 4h | 94.119 | −0.084% | $5.1M | $29.8M | 30x | as long as short |
| Derive HYPE-PERP | +0.0095% | 1h | 94.174 | −0.027% | $16.5M | $6.9M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.260 | +0.065% | $19.1M | $59.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.219 | +0.021% | $3.1M | $12.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.205 | +0.006% | $64K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 94.210 | +0.012% | $342K | $171K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.240 | +0.044% | $30K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.204 | +0.006% | $5.8M | $44.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.235 | +0.038% | $10.2M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 94.206 | +0.007% | $116.1M | $319.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.095 | −0.110% | $205K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.217 | +0.019% | $47.3M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 94.213 | +0.015% | $228.1M | $102.8M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.218 | +0.020% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.255 | +0.059% | $7.9M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.203 | +0.004% | $31.9M | $53.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.151 | −0.051% | $7.6M | $45.4M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.196 | −0.003% | $336K | $1.1M | 50x | as long as short |
| StandX HYPE-USDlong | +0.0100% | 1h | 94.199 | long leg | $681K | $2.5M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 94.247 | +0.051% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.236 | +0.039% | $486K | $2.5M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 94.216 | +0.018% | $113K | $577K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 94.199 | 0.000% | $76K | $166K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.200 | +0.001% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.201 | +0.002% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.160 | −0.041% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.189 | −0.011% | $18.7M | $42.0M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.238 | +0.041% | $401K | $318K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0126% | 8h | 94.299 | +0.106% | $1.9M | $5.0M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 94.210 | +0.012% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0231% | 4h | 94.360 | +0.171% | $1.5M | $7.7M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0248% | 1h | 94.202 | +0.003% | $77K | $142K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 94.259 | +0.064% | $2.8M | $6.9M | 20x | as long as short |
| BloFin HYPE-USDT | +0.0315% | 4h | 94.189 | −0.011% | $17.0M | $12.4M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0340% / S −0.0165% | 1h | 94.233 | +0.036% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0387% | 1h | 94.310 | +0.118% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0575% | 1h | 94.297 | +0.104% | $21.1M | $29.2M | 50x | as long as short |
| Hyperliquid HYPE | +0.0619% | 1h | 94.284 | +0.090% | $2.06B | $668.0M | 10x | as long as short |
Aster HYPEUSDT
Phemex HYPEUSDT
01 Exchange HYPEUSD
Gate HYPE_USDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Derive HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
RISEx HYPE/USDC
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD
Hyperliquid HYPE