Funding you earn now, next payment 05:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.16 per $10,000 · paid last 24h −0.013%
Price spread now: Hyperliquid against Nado+0.461%7-day average +0.203% · 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−$41as in the Price arb table
costs, in and out, $10k−$670.666% of the position
Funding, last 3 days (all we have)−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)−0.210%−$21 · spread now +0.461%, 7d avg +0.203%
=Together, before fees−0.297%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.258% dearer against Nado than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.203%. Mind the row above: over the last 3 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado CHIP-PERP | 0.04665 | −0.0026 | get 0.0003% / 1h | 9m 01s | $236K | $18K | 5x |
| Short | Hyperliquid CHIP | 0.04687 | 0.0100 | get 0.0013% / 1h | 9m 01s | $14.5M | $6.1M | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Nado. 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
- $26.38
- Price spread: +0.461% → +0.203%
- $25.82
- Slippage, 4 orders
- −$50.57
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$14.38
- Costs to cover
- 0.666%
- Break-even
- 10.8 days
Slippage from Nado: live order book, 43 min ago; Hyperliquid: live order book, 4 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 Nado live order book, 43 min ago | 5.61 bp | 16.2 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 1.38 bp | 19.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
CHIP on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0338% | 1h | 0.04690 | +0.525% | $3K | $137K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0325% | 4h | 0.04677 | +0.246% | $10.6M | $9.0M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0306% | 1h | 0.04670 | +0.092% | $9K | $24K | 10x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0233% | 4h | 0.04671 | +0.118% | $2.0M | $9.6M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0171% | 1h | 0.04688 | +0.482% | $16K | $245K | 50x | as long as short |
| Nado CHIP-PERPlong | −0.0026% | 1h | 0.04665 | long leg | $236K | $18K | 5x | |
| KuCoin CHIPUSDTM | +0.0092% | 4h | 0.04673 | +0.161% | $967K | $1.1M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04674 | +0.182% | $96K | $115K | 3x | as long as short |
| Hyperliquid CHIPshort | +0.0100% | 1h | 0.04687 | +0.461% | $14.5M | $6.1M | 3x | |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04683 | +0.369% | $56K | $279K | 5x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04677 | +0.242% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04674 | +0.185% | $14.1M | $27.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04674 | +0.182% | $670K | $988K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04674 | +0.182% | $1.7M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04675 | +0.204% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04674 | +0.182% | — | $2.0M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04679 | +0.289% | $34K | $230K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04686 | +0.432% | $829K | $476K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04665 | −0.011% | $716 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04665 | −0.005% | $216K | $1.0M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0143% | 4h | 0.04672 | +0.139% | $561K | $65K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0228% | 1h | 0.04689 | +0.504% | $68 | $37K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0744% | 1h | 0.04765 | +2.133% | $46K | $37K | 50x | as long as short |
Hyperliquid CHIP
Phoenix CHIP
Bybit CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
OKX CHIP-USDT-SWAP
ApeX Omni CHIPUSDT
KuCoin CHIPUSDTM
Lighter CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX