Funding you earn now, next payment 02:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.053%
Price spread now: StandX against Hotstuff+0.056%55s7-day average — · you sell dearer than you buy
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 airdropHotstuff: Active · StandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and StandX is 0.056% dearer against Hotstuff than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff HYPE-PERP | 93.198 | −0.0080 | get 0.0010% / 1h | 58m 31s | $3K | $331 | 25x |
| Short | StandX HYPE-USD | 93.250 | 0.0100 | get 0.0013% / 1h | 58m 31s | $665K | $2.6M | 20x |
Hotstuff HYPE-PERP
StandX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Hotstuff. 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: +0.056% → 0.000%
- $5.58
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- $30.38
- Costs to cover
- 0.130%
- Break-even
- 1.4 days
Slippage unknown: Hotstuff: no order-book sample; StandX: live order book, just now. 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell StandX live order book, just now | 1.67 bp | 6.7 bp −$7 | 7.0 bp −$70 | 13.8 bp −$1,384 | doesn't fit |
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 54 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 | −0.1128% | 1h | 93.185 | −0.014% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 92.959 | −0.256% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0313% | 1h | 93.040 | −0.170% | $698K | $902K | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0180% | 1h | 93.168 | −0.032% | $79K | $170K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0096% | 1h | 93.078 | −0.129% | $84K | $346K | 20x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 93.198 | long leg | $3K | $331 | 25x | |
| Orderly PERP_HYPE_USDC | −0.0051% | 4h | 93.164 | −0.036% | $156K | $640K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0041% | 8h | 93.198 | 0.000% | $12.6M | $2.7M | 50x | as long as short |
| Aster HYPEUSDT | −0.0005% | 4h | 93.091 | −0.115% | $8.8M | $35.4M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.100 | −0.105% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Bluefin HYPE-PERP
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Phemex HYPEUSDT
Aster HYPEUSDT
dYdX HYPE-USDShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.196 | −0.002% | $22K | $321K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.208 | +0.010% | $25K | — | 150x | as long as short |
| Aftermath Perps HYPEUSD | +0.0008% | 1h | 93.363 | +0.177% | $22K | $21K | 10x | as long as short |
| Bybit HYPEUSDT | +0.0009% | 8h | 93.020 | −0.191% | $319.0M | $275.7M | 75x | as long as short |
| Gate HYPE_USDT | +0.0012% | 4h | 93.048 | −0.161% | $44.3M | $54.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0012% | 4h | 93.062 | −0.146% | — | $53.1M | — | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.318 | +0.129% | $210K | $1.2M | 10x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0076% | 8h | 93.015 | −0.196% | $114.2M | $300.0M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0078% | 4h | 93.068 | −0.139% | $87.8M | $79.7M | 100x | as long as short |
| Binance HYPEUSDT | +0.0078% | 4h | 93.061 | −0.147% | $378.4M | $873.3M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0083% | 4h | 93.256 | +0.062% | $5.0M | $30.1M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.097 | −0.108% | $16.2M | $61.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.086 | −0.120% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.062 | −0.146% | $67K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.106 | −0.099% | $338K | $162K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.090 | −0.116% | $12K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.201 | +0.003% | $5.7M | $43.6M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.204 | +0.006% | $2.03B | $658.6M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.105 | −0.100% | $10.0M | $14.6M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.335 | +0.147% | $203K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.120 | −0.084% | $46.1M | $17.9M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.057 | −0.151% | $225.3M | $96.8M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.155 | −0.046% | $7.4M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.219 | +0.022% | $31.1M | $54.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.419 | +0.237% | $7.5M | $46.9M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.263 | +0.070% | $337K | $1.0M | 50x | as long as short |
| StandX HYPE-USDshort | +0.0100% | 1h | 93.250 | +0.056% | $665K | $2.6M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 93.252 | +0.058% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.213 | +0.016% | $474K | $2.4M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.190 | −0.009% | $112K | $578K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.171 | −0.029% | $16.2M | $7.6M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.298 | +0.107% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.194 | −0.004% | $2.0M | $1.9M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.034 | −0.176% | $18.3M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.191 | −0.007% | $396K | $170K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.230 | +0.034% | $4.9M | $5.4M | 50x | as long as short |
| HTX HYPE-USDT | +0.0206% | 4h | 93.361 | +0.175% | $1.4M | $5.9M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0256% | 1h | 93.181 | −0.019% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0278% | 8h | 93.248 | +0.054% | $1.9M | $4.8M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.209 | +0.012% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0372% | 1h | 93.280 | +0.088% | $7.4M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.157 | −0.043% | $3.2M | $6.7M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.170 | −0.030% | $30K | $338K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0686% | 1h | 93.276 | +0.084% | $20.8M | $30.0M | 50x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aftermath Perps HYPEUSD
Bybit HYPEUSDT
Gate HYPE_USDT
BingX HYPE-USDT
Phoenix HYPE
OKX HYPE-USDT-SWAP
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD