Funding you earn now, next payment 07:00 UTC−0.0132%/8h= −14.5% APRnext payment −$0.17 per $10,000 · paid last 24h −0.030%
Price spread now: 01 Exchange against StandX+0.638%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs+$31as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Funding, last 4 days (all we have)−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)−0.348%−$35 · spread now +0.638%, 7d avg +0.026%
=Together, before fees−0.391%+ Points / potential airdropStandX: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. 01 Exchange is 0.612% dearer against StandX than usual: you sell high and buy low (spread +0.638% now, against its 7-day average of +0.026%): +$61 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 4 days (−0.043% in total) that is about 52 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX HYPE-USD | 93.643 | 0.0100 | pay 0.0013% / 1h | 25m 13s | $678K | $2.7M | 20x |
| Short | 01 Exchange HYPEUSD | 94.240 | −0.0032 | pay 0.0004% / 1h | 25m 13s | $86K | $368K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$27.72
- Price spread: +0.638% → +0.026%
- $61.18
- Slippage, 4 orders
- −$15.34
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $3.11
- Costs to cover
- 0.303%
- Break-even
- from the start
Slippage from StandX: live order book, 4 min ago; 01 Exchange: live order book, 19 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 StandX live order book, 4 min ago | 4.17 bp | 8.6 bp −$9 | 11.5 bp −$115 | 35.0 bp −$3,501 | doesn't fit |
| Sell 01 Exchange live order book, 19 min ago | 0.05 bp | 5.7 bp −$6 | 9.7 bp −$97 | 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 | −0.1024% | 1h | 93.809 | +0.178% | $199K | $238K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0211% | 1h | 93.708 | +0.069% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.207 | +0.602% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0062% | 1h | 94.170 | +0.563% | $705K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | −0.0058% | 1h | 94.228 | +0.624% | $112K | $579K | 20x | as long as short |
| 01 Exchange HYPEUSDshort | −0.0032% | 1h | 94.240 | +0.638% | $86K | $368K | 20x | |
| Orderly PERP_HYPE_USDC | −0.0017% | 4h | 94.155 | +0.547% | $146K | $683K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.880 | +0.253% | $129K | $26K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.227 | +0.623% | $20K | $290K | 10x | as long as short |
| Bybit HYPEUSDT | +0.0002% | 8h | 94.152 | +0.544% | $318.1M | $288.3M | 75x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 94.048 | +0.433% | $83K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0007% | 1h | 93.302 | −0.364% | $16.2M | $7.5M | 10x | as long as short |
| Bluefin HYPE-PERP | +0.0010% | 1h | 94.183 | +0.577% | $80K | $156K | 20x | as long as short |
| Phoenix HYPE | +0.0017% | 1h | 93.715 | +0.077% | $209K | $1.1M | 10x | as long as short |
| BingX HYPE-USDT | +0.0020% | 4h | 94.152 | +0.544% | — | $53.6M | — | as long as short |
| Bitget HYPEUSDT | +0.0052% | 4h | 94.170 | +0.563% | $226.8M | $99.5M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0058% | 8h | 94.140 | +0.531% | $12.8M | $2.8M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0078% | 8h | 94.266 | +0.665% | $337K | $161K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0080% | 4h | 93.620 | −0.025% | $5.0M | $30.5M | 30x | as long as short |
| Arcus HYPE-USD | +0.0084% | 1h | 94.180 | +0.573% | $1.0M | $4.0M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.191 | +0.586% | $16.3M | $64.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.201 | +0.596% | $3.2M | $11.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.198 | +0.593% | $78K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.210 | +0.605% | $21K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.208 | +0.604% | $7.5M | $50.6M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.269 | +0.668% | $2.07B | $691.0M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.247 | +0.645% | $8.9M | $37.1M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.236 | +0.633% | $10.2M | $15.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.224 | +0.621% | $377.0M | $931.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 94.152 | +0.544% | $116.2M | $316.9M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.216 | +0.612% | $48.9M | $55.9M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.170 | +0.563% | $89.4M | $84.7M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.194 | +0.588% | $46.6M | $18.7M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.193 | +0.587% | $7.2M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.009 | +0.390% | $28.9M | $56.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.696 | +0.057% | $7.6M | $48.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.663 | +0.021% | $357K | $1.0M | 50x | as long as short |
| StandX HYPE-USDlong | +0.0100% | 1h | 93.643 | long leg | $678K | $2.7M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 94.227 | +0.623% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.242 | +0.640% | $473K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.232 | +0.629% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.174 | +0.567% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.335 | +0.739% | $1.4M | $6.7M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.438 | −0.219% | $216K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.142 | +0.533% | $18.2M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.245 | +0.642% | $398K | $159K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0105% | 8h | 94.251 | +0.649% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0120% | 1h | 94.200 | +0.595% | $4.7M | $6.2M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0151% / S +0.0022% | 1h | 93.681 | +0.041% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0185% | 1h | 94.264 | +0.663% | $7.5M | $4.3M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.100 | +0.488% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0272% | 1h | 93.879 | +0.252% | $77K | $129K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.202 | +0.597% | $17.0M | $12.3M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0413% | 1h | 94.258 | +0.657% | $21.0M | $29.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0559% | 1h | 93.935 | +0.312% | $3.2M | $6.3M | 20x | as long as short |
StandX HYPE-USD
01 Exchange HYPEUSD
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Bybit HYPEUSDT
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
Bluefin HYPE-PERP
Phoenix HYPE
BingX HYPE-USDT
Bitget HYPEUSDT
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Injective HYPE/USDC PERP
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC