Funding you earn now, next payment 03:00 UTC+0.0410%/8h= +44.9% APRnext payment +$0.51 per $10,000 · paid last 24h +0.036%
Price spread now: RISEx against StandX+0.045%7-day average −0.002% · 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−$13as in the Price arb table
costs, in and out, $10k−$180.180% of the position
Funding, last 4 days (all we have)+0.117%+$12 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.045%, 7d avg −0.002%
=Together, before fees+0.084%+ Points / potential airdropStandX: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and RISEx is 0.047% dearer against StandX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.002%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.117% in total (about 12.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX HYPE-USD | 93.296 | 0.0100 | pay 0.0013% / 1h | 26m 26s | $666K | $2.6M | 20x |
| Short | RISEx HYPE/USDC | 93.338 | 0.0510 | get 0.0064% / 1h | 26m 26s | $3.2M | $6.3M | 20x |
StandX HYPE-USD
RISEx HYPE/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $86.08
- Price spread: +0.045% → −0.002%
- $4.69
- Slippage, 4 orders
- −$3.96
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $72.8
- Costs to cover
- 0.180%
- Break-even
- 1.1 days
Slippage from StandX: live order book, 2 min ago; RISEx: 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 StandX live order book, 2 min ago | 1.18 bp | 5.2 bp −$5 | 5.4 bp −$54 | 12.4 bp −$1,240 | doesn't fit |
| Sell RISEx live order book, 3 min ago | 0.75 bp | 3.7 bp −$4 | 6.1 bp −$61 | 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 | −0.1224% | 1h | 93.247 | −0.052% | $197K | $227K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.126 | −0.182% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0110% | 1h | 93.180 | −0.124% | $698K | $995K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.217 | −0.085% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0056% | 1h | 93.240 | −0.060% | $85K | $343K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0045% | 4h | 93.185 | −0.119% | $153K | $652K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0044% | 1h | 93.383 | +0.094% | $22K | $21K | 10x | as long as short |
| Phemex HYPEUSDT | −0.0038% | 8h | 93.261 | −0.038% | $12.6M | $2.7M | 50x | as long as short |
| Bullet HYPE-USD | −0.0026% | 1h | 93.194 | −0.109% | $111K | $578K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.234 | −0.067% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Aftermath Perps HYPEUSD
Phemex HYPEUSDT
Bullet HYPE-USD
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.226 | −0.075% | $23K | $319K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.220 | −0.082% | $61K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0020% | 4h | 93.245 | −0.055% | $8.8M | $35.5M | 300x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.609 | +0.335% | $213K | $1.2M | 10x | as long as short |
| BingX HYPE-USDT | +0.0032% | 4h | 93.216 | −0.086% | — | $53.0M | — | as long as short |
| Bybit HYPEUSDT | +0.0042% | 8h | 93.210 | −0.092% | $320.5M | $276.7M | 75x | as long as short |
| Gate HYPE_USDT | +0.0060% | 4h | 93.206 | −0.096% | $44.6M | $55.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0074% | 8h | 93.203 | −0.100% | $113.9M | $300.7M | 50x | as long as short |
| Derive HYPE-PERP | +0.0083% | 1h | 93.173 | −0.132% | $16.2M | $7.5M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.251 | −0.048% | $16.2M | $61.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.241 | −0.059% | $3.1M | $11.6M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.248 | −0.051% | $69K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.264 | −0.035% | $339K | $162K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.260 | −0.039% | $17K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.221 | −0.081% | $5.8M | $43.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.300 | +0.004% | $2.04B | $655.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.270 | −0.028% | $10.0M | $14.7M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.218 | −0.084% | $378.2M | $875.6M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.364 | +0.073% | $203K | $10K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.207 | −0.095% | $89.6M | $80.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.223 | −0.078% | $45.8M | $18.1M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.209 | −0.093% | $225.3M | $96.4M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.218 | −0.084% | $7.4M | $10.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.546 | +0.268% | $31.2M | $53.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.348 | +0.056% | $7.5M | $45.7M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.581 | +0.305% | $340K | $1.0M | 50x | as long as short |
| StandX HYPE-USDlong | +0.0100% | 1h | 93.296 | long leg | $666K | $2.6M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 93.291 | −0.006% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.270 | −0.028% | $471K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.188 | −0.116% | $79K | $170K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.262 | −0.036% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.209 | −0.093% | $2.0M | $1.9M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.182 | −0.123% | $18.4M | $43.7M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.200 | −0.103% | $396K | $162K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0111% | 4h | 93.350 | +0.058% | $5.1M | $29.0M | 30x | as long as short |
| HTX HYPE-USDT | +0.0174% | 4h | 93.442 | +0.156% | $1.4M | $6.0M | 75x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.290 | −0.006% | $4.8M | $5.5M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0258% | 1h | 93.207 | −0.096% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0277% | 8h | 93.296 | 0.000% | $1.9M | $5.0M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.234 | −0.066% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.252 | −0.047% | $16.9M | $11.6M | 75x | as long as short |
| RISEx HYPE/USDCshort | +0.0510% | 1h | 93.338 | +0.045% | $3.2M | $6.3M | 20x | |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.150 | −0.156% | $30K | $339K | 12x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0565% | 1h | 93.307 | +0.012% | $7.4M | $4.3M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0686% | 1h | 93.278 | −0.019% | $20.7M | $29.7M | 50x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Phoenix HYPE
BingX HYPE-USDT
Bybit HYPEUSDT
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
Derive HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
MEXC HYPE_USDT
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
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
HTX HYPE-USDT
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD