Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Nado against BingX+0.005%7-day average +0.013% · 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−$19as in the Price arb table
costs, in and out, $10k−$180.183% of the position
Funding, last 3 days (all we have)+0.040%+$4 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now +0.005%, 7d avg +0.013%
=Together, before fees+0.067%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HYPE-USDT | 93.420 | 0.0100 | pay 0.0050% / 4h | 2h 43m | — | $54.2M | — |
| Short | Nado HYPE-PERP | 93.424 | 0.0100 | get 0.0012% / 1h | 43m 35s | $6.0M | $44.3M | 10x |
BingX HYPE-USDT
Nado HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against BingX. 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: +0.005% → +0.013%
- −$0.84
- Slippage, 4 orders
- −$1.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$19.18
- Costs to cover
- 0.183%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Nado: live order book, 6 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 BingX live order book, 10 min ago | 0.11 bp | 5.6 bp −$6 | 8.4 bp −$84 | 11.1 bp −$1,110 | 15.2 bp −$7,609 |
| Sell Nado live order book, 6 min ago | 0.05 bp | 3.6 bp −$4 | 5.8 bp −$58 | 28.5 bp −$2,851 | 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 | −0.1240% | 1h | 93.370 | −0.054% | $197K | $233K | 7x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0223% | 1h | 93.330 | −0.096% | $701K | $943K | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0193% | 1h | 93.399 | −0.022% | $22K | $22K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.450 | +0.032% | $89K | $346K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.429 | +0.010% | $3K | $331 | 25x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.427 | +0.008% | $127K | $32K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.484 | +0.069% | $1.9M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.394 | −0.027% | $23K | $343K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.430 | +0.010% | $19K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0011% | 4h | 93.423 | +0.003% | $8.9M | $36.0M | 300x | as long as short |
Hibachi HYPE/USDT-P
Ondo Perps HYPE-USD.P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Derive HYPE-PERP | +0.0017% | 1h | 93.355 | −0.070% | $16.4M | $7.1M | 10x | as long as short |
| Gate HYPE_USDT | +0.0018% | 4h | 93.415 | −0.005% | $44.2M | $56.3M | 75x | as long as short |
| Bullet HYPE-USD | +0.0030% | 1h | 93.411 | −0.010% | $112K | $583K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0039% | 8h | 93.420 | 0.000% | $325.4M | $287.9M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.408 | −0.013% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0074% | 4h | 93.412 | −0.009% | $180K | $536K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.475 | +0.058% | $18.5M | $59.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.450 | +0.032% | $3.1M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.425 | +0.005% | $56K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.470 | +0.054% | $40K | $1.7M | 10x | as long as short |
| Nado HYPE-PERPshort | +0.0100% | 1h | 93.424 | +0.005% | $6.0M | $44.3M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 93.496 | +0.081% | $2.04B | $669.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.432 | +0.013% | $10.0M | $14.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.426 | +0.007% | $385.9M | $888.3M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.418 | −0.002% | $114.8M | $315.5M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.392 | −0.030% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.335 | −0.091% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.421 | +0.001% | $93.0M | $81.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.434 | +0.015% | $46.3M | $19.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.441 | +0.022% | $226.9M | $102.0M | 75x | as long as short |
| BingX HYPE-USDTlong | +0.0100% | 4h | 93.420 | long leg | — | $54.2M | — | |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.427 | +0.007% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.375 | −0.048% | $28.8M | $49.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.413 | −0.008% | $7.5M | $45.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.428 | +0.009% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.448 | +0.030% | $676K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.462 | +0.045% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.452 | +0.034% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.402 | −0.019% | $76K | $169K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.439 | +0.020% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.389 | −0.033% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.407 | −0.014% | $12.7M | $2.6M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.447 | +0.029% | $339K | $171K | 20x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.414 | −0.006% | $18.4M | $41.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.405 | −0.016% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0117% | 4h | 93.402 | −0.019% | $5.1M | $29.6M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.500 | +0.086% | $4.9M | $5.7M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0232% | 1h | 93.499 | +0.085% | $7.4M | $4.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.427 | +0.007% | $77K | $157K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.330 | −0.096% | $30K | $231K | 12x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.443 | +0.025% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.405 | −0.016% | $17.1M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0373% | 4h | 93.536 | +0.124% | $1.5M | $7.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.496 | +0.082% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0573% | 1h | 93.491 | +0.076% | $19.2M | $25.9M | 50x | as long as short |
Derive HYPE-PERP
Gate HYPE_USDT
Bullet HYPE-USD
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Deribit HYPE_USDC-PERPETUAL
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
HTX HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD