Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: StandX against Pacifica−0.173%50s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$200.200% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 7 days+0.153%+$15 · spread now −0.173%, 7d avg +0.001%
=Together, before fees+0.253%+ Points / potential airdropPacifica: Active · StandX: Active · farm board+$25 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: StandX is 0.174% cheaper against Pacifica than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.001%. The two prices were read 50 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 | Pacifica HYPE | 93.261 | 0.0100 | pay 0.0013% / 1h | 20m 38s | $10.0M | $14.3M | 20x |
| Short | StandX HYPE-USD | 93.100 | 0.0100 | get 0.0013% / 1h | 20m 38s | $673K | $2.5M | 20x |
Pacifica HYPE
StandX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Pacifica. 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: −0.173% → +0.001%
- −$17.39
- Slippage, 4 orders
- −$3.95
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$37.34
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 3 min ago; StandX: live order book, 3 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 Pacifica live order book, 3 min ago | 0.32 bp | 4.7 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell StandX live order book, 3 min ago | 1.29 bp | 5.3 bp −$5 | 5.6 bp −$56 | 16.0 bp −$1,604 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0422% | 1h | 93.090 | −0.183% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0320% | 1h | 93.155 | −0.114% | $197K | $230K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.167 | −0.101% | $1.2M | $4.0M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0127% | 1h | 93.140 | −0.130% | $699K | $928K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.236 | −0.027% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 93.227 | −0.036% | $90K | $361K | 20x | as long as short |
| Popdex HYPEUSDT | −0.0008% | 1h | 93.209 | −0.056% | $58K | $1.2M | 50x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.276 | +0.016% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.230 | −0.033% | $23K | $331K | 10x | as long as short |
| Aster HYPEUSDT | 0.0000% | 4h | 93.252 | −0.009% | $8.9M | $35.9M | 300x | as long as short |
Aftermath Perps HYPEUSD
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Popdex HYPEUSDT
dYdX HYPE-USD
Perpl HYPE
Aster HYPEUSDTShow 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 | 93.277 | +0.017% | $20K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0021% | 8h | 93.184 | −0.083% | $323.0M | $287.3M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0022% | 4h | 93.253 | −0.009% | $172K | $518K | 20x | as long as short |
| Derive HYPE-PERP | +0.0029% | 1h | 93.205 | −0.060% | $16.3M | $7.1M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.030 | −0.248% | $214K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0054% | 4h | 93.228 | −0.035% | $43.9M | $58.5M | 75x | as long as short |
| Bullet HYPE-USD | +0.0058% | 1h | 93.239 | −0.023% | $111K | $580K | 20x | as long as short |
| MEXC HYPE_USDT | +0.0064% | 4h | 93.234 | −0.029% | $90.3M | $82.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0067% | 4h | 93.209 | −0.056% | $381.7M | $895.5M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0074% | 4h | 92.953 | −0.330% | $5.0M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.293 | +0.034% | $18.6M | $59.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.257 | −0.004% | $3.1M | $12.2M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.236 | −0.026% | $397K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.246 | −0.016% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.210 | −0.055% | $35K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.209 | −0.055% | $5.9M | $44.2M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.271 | +0.011% | $2.03B | $669.1M | 10x | as long as short |
| Pacifica HYPElong | +0.0100% | 1h | 93.261 | long leg | $10.0M | $14.3M | 20x | |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.195 | −0.071% | $113.8M | $314.4M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.232 | −0.031% | $204K | $8K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.247 | −0.015% | $47.0M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.238 | −0.025% | $226.0M | $103.1M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.231 | −0.032% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.243 | −0.019% | $7.8M | $11.1M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.933 | −0.351% | $28.9M | $50.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.008 | −0.271% | $7.5M | $45.9M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.016 | −0.263% | $414K | $1.0M | 50x | as long as short |
| StandX HYPE-USDshort | +0.0100% | 1h | 93.100 | −0.173% | $673K | $2.5M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 93.238 | −0.025% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.242 | −0.020% | $493K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.260 | −0.001% | $76K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.273 | +0.013% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.249 | −0.013% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.231 | −0.032% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.202 | −0.063% | $18.2M | $42.0M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0111% | 8h | 93.271 | +0.011% | $1.9M | $5.3M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.220 | −0.044% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.320 | +0.063% | $30K | $338K | 12x | as long as short |
| HTX HYPE-USDT | +0.0242% | 4h | 93.400 | +0.149% | $1.5M | $7.7M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0247% | 1h | 93.226 | −0.038% | $77K | $159K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0257% | 4h | 93.255 | −0.006% | $16.9M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.291 | +0.033% | $2.7M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0158% | 1h | 93.267 | +0.006% | $1.5M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0425% | 1h | 93.346 | +0.091% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0465% | 1h | 93.372 | +0.119% | $20.9M | $29.0M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Orderly PERP_HYPE_USDC
Derive HYPE-PERP
Phoenix HYPE
Gate HYPE_USDT
Bullet HYPE-USD
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid 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
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
Reya HYPERUSDPERP
BloFin HYPE-USDT
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD