Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h +0.019%
Price spread now: Paradex against BingX+0.006%7-day average +0.025% · 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−$25as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Funding, last 4 days (all we have)+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.006%, 7d avg +0.025%
=Together, before fees−0.066%+ Points / potential airdropParadex: 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 | 93.393 | 0.0100 | pay 0.0050% / 4h | 2h 22m | — | $53.8M | — |
| Short | Paradex HYPE-USD-PERP | 93.398 | 0.0094 | get 0.0094% / 8h | 2h 22m | $340K | $157K | 20x |
BingX HYPE-USDT
Paradex HYPE-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$1.26
- Price spread: +0.006% → +0.025%
- −$1.93
- Slippage, 4 orders
- −$8.77
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$25.96
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; Paradex: live order book, 27 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, 16 min ago | 0.22 bp | 5.2 bp −$5 | 5.6 bp −$56 | 10.1 bp −$1,009 | 15.0 bp −$7,513 |
| Sell Paradex live order book, 27 min ago | 3.73 bp | 5.7 bp −$6 | 9.0 bp −$90 | 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 | −0.1424% | 1h | 93.245 | −0.159% | $197K | $237K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0377% | 1h | 93.214 | −0.192% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.373 | −0.021% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0061% | 1h | 93.199 | −0.208% | $111K | $581K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0021% | 4h | 93.238 | −0.166% | $145K | $672K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0008% | 1h | 93.467 | +0.079% | $88K | $365K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.395 | +0.002% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.246 | −0.158% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.239 | −0.165% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.368 | −0.027% | $1.0M | $3.9M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0012% | 4h | 93.384 | −0.010% | $225.3M | $98.9M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0019% | 8h | 93.417 | +0.026% | $317.2M | $282.2M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.255 | −0.148% | $207K | $1.2M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0030% | 1h | 93.240 | −0.164% | $702K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0060% | 8h | 93.318 | −0.080% | $12.7M | $2.8M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0085% | 4h | 93.101 | −0.313% | $4.9M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERPshort | +0.0094% | 8h | 93.398 | +0.006% | $340K | $157K | 20x | |
| Lighter HYPE | +0.0096% | 1h | 93.363 | −0.032% | $16.1M | $63.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.365 | −0.030% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.435 | +0.045% | $75K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.410 | +0.018% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.210 | −0.195% | $8.0M | $48.3M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.397 | +0.004% | $2.03B | $665.6M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.407 | +0.015% | $8.7M | $36.3M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.390 | −0.003% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.422 | +0.031% | $374.6M | $911.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.434 | +0.044% | $114.7M | $309.7M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.358 | −0.037% | $216K | $15K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.399 | +0.006% | $47.0M | $54.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.390 | −0.003% | $90.3M | $81.4M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.368 | −0.027% | $46.2M | $18.8M | 75x | as long as short |
| BingX HYPE-USDTlong | +0.0100% | 4h | 93.393 | long leg | — | $53.8M | — | |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.329 | −0.069% | $7.1M | $10.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.070 | −0.346% | $28.4M | $56.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.294 | −0.106% | $7.5M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.095 | −0.319% | $341K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.255 | −0.148% | $667K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.283 | −0.118% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.208 | −0.198% | $483K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.275 | −0.126% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.258 | −0.145% | $16.1M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.224 | −0.181% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.278 | −0.123% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.350 | −0.046% | $1.4M | $6.5M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.370 | −0.024% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.249 | −0.154% | $394K | $158K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0108% | 8h | 93.314 | −0.085% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.140 | −0.271% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.250 | −0.153% | $4.6M | $5.8M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.183 | −0.225% | $80K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.221 | −0.184% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.312 | −0.087% | $16.8M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0341% | 1h | 93.327 | −0.071% | $20.8M | $29.5M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0436% | 1h | 93.348 | −0.048% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.470 | +0.083% | $3.2M | $6.2M | 20x | as long as short |
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Ondo Perps HYPE-USD.P
Phemex HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
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
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC