Funding you earn now, next payment 23:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.045%
Price spread now: Paradex against Hyperliquid−0.097%7-day average — · you buy dearer than you sell
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 airdropHyperliquid: Season 2 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Paradex is 0.097% cheaper against Hyperliquid than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CC | 0.1157 | 0.0100 | pay 0.0013% / 1h | 56m 27s | $5.4M | $1.3M | 3x |
| Short | Paradex CC-USD-PERP | 0.1156 | 0.0089 | get 0.0089% / 8h | 1h 56m | $1K | — | 5x |
Hyperliquid CC
Paradex CC-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Hyperliquid. 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
- −$2.38
- Price spread: −0.097% → 0.000%
- −$9.75
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$25.13
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; Paradex: 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 Hyperliquid live order book, 5 min ago | 0.43 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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.
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3951% | 1h | 0.1146 | −0.961% | $6K | $96 | 5.5x | as long as short |
| Gate CC_USDT | +0.0010% | 4h | 0.1154 | −0.270% | $359K | $207K | 50x | as long as short |
| MEXC CC_USDT | +0.0074% | 4h | 0.1155 | −0.157% | $1.6M | $293K | 100x | as long as short |
| Bybit CCUSDT | +0.0078% | 4h | 0.1155 | −0.200% | $10.4M | $3.7M | 25x | as long as short |
| Paradex CC-USD-PERPshort | +0.0089% | 8h | 0.1156 | −0.097% | $1K | — | 5x | |
| Hyperliquid CClong | +0.0100% | 1h | 0.1157 | long leg | $5.4M | $1.3M | 3x | |
| Aster CCUSDT | +0.0100% | 4h | 0.1157 | −0.053% | $34K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1155 | −0.207% | $11.0M | $10.9M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1156 | −0.123% | $2.5M | $3.3M | 20x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1156 | −0.080% | $488K | $114K | 50x | as long as short |
Injective CC/USDC PERP
Gate CC_USDT
MEXC CC_USDT
Bybit CCUSDT
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1155 | −0.157% | $926K | $792K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1155 | −0.157% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1155 | −0.157% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1156 | −0.088% | $577K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1157 | +0.028% | $85K | $2.2M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1153 | −0.342% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1156 | −0.123% | $584K | $104K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0440% / S −0.0239% | 1h | 0.1155 | −0.165% | $43K | — | 50x | as long as short |
| Lighter CC | +0.1160% | 1h | 0.1161 | +0.301% | $232K | $148K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC