Funding you earn now, next payment 09:00 UTC+0.0511%/8h= +55.9% APRpaid last 24h +0.050%
Price spread now: Hyperliquid against Paradex+0.245%7-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 airdropParadex: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Hyperliquid is 0.245% dearer against Paradex than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex CC-USD-PERP | 0.1189 | 0.0092 | pay 0.0092% / 8h | 7h 05m | $1K | — | 5x |
| Short | Hyperliquid CC | 0.1192 | 0.0603 | get 0.0075% / 1h | 5m 18s | $5.6M | $1.3M | 3x |
Paradex CC-USD-PERP
Hyperliquid CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Paradex. 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
- $107.3
- Price spread: +0.245% → 0.000%
- $24.53
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $118.83
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 7 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 7 min ago | 1.25 bp | 8.3 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
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 18 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 | +0.0033% | 1h | 0.1180 | −0.797% | $402 | $3K | 5.5x | as long as short |
| Paradex CC-USD-PERPlong | +0.0092% | 8h | 0.1189 | long leg | $1K | — | 5x | |
| Aster CCUSDT | +0.0100% | 4h | 0.1190 | +0.071% | $35K | $27K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1190 | +0.035% | $11.3M | $11.9M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1190 | +0.035% | $11.0M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1191 | +0.161% | $2.6M | $2.9M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1190 | +0.069% | $366K | $170K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1190 | +0.018% | $1.9M | $365K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1190 | +0.018% | $491K | $98K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1191 | +0.153% | $930K | $710K | 20x | as long as short |
Injective CC/USDC PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1190 | +0.077% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1190 | +0.069% | $16K | $19K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1191 | +0.166% | $607K | $42K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1195 | +0.490% | $84K | $3.2M | 10x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1194 | +0.405% | $603K | $100K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0450% / S −0.0241% | 1h | 0.1192 | +0.202% | $44K | — | 50x | as long as short |
| Hyperliquid CCshort | +0.0603% | 1h | 0.1192 | +0.245% | $5.6M | $1.3M | 3x | |
| Lighter CC | +0.1216% | 1h | 0.1195 | +0.472% | $255K | $169K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC