Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: spread
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Funding you earn now, next payment 07:00 UTC+0.0163%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h +0.002%
Price spread now: Nado against Bullet−0.006%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.213% of the position
Long on BulletShort on Nado
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.006%, 7d avg −0.014%
Together, before fees−0.020%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet HYPE-USD93.480−0.0063get 0.0008% / 1h36m 34s$111K$580K20x
ShortNado HYPE-PERP93.4750.0100get 0.0012% / 1h36m 34s$7.5M$50.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bullet. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$34.17
Price spread: −0.006% → −0.014%
$0.78
Slippage, 4 orders
−$6.33
Fee Bullet: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$13.61
Costs to cover
0.213%
Break-even
4.2 days
Slippage from Bullet: live order book, 8 min ago; Nado: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bullet live order book, 8 min ago0.43 bp5.6 bp −$69.6 bp −$96doesn't fitdoesn't fit
Sell Nado live order book, 3 min ago0.05 bp3.6 bp −$47.5 bp −$7529.3 bp −$2,929doesn't fit

HYPE on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1056%1h93.361−0.127%$198K$240K7xas long as short
Aftermath Perps HYPEUSD−0.0197%1h93.560+0.086%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0103%1h93.340−0.150%$703K$1.2M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.463−0.018%$3K$33125xas long as short
Bullet HYPE-USDlong−0.0063%1h93.480long leg$111K$580K20x
01 Exchange HYPEUSD−0.0048%1h93.413−0.072%$86K$369K20xas long as short
Bluefin HYPE-PERP−0.0027%1h93.472−0.009%$79K$155K20xas long as short
Orderly PERP_HYPE_USDC−0.0021%4h93.461−0.020%$145K$685K20xas long as short
dYdX HYPE-USD0.0000%1h93.447−0.035%$128K$28K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.534+0.058%$1.8M$5.6M2.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.4800.000%$20K$289K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.448−0.035%$83K—150xas long as short
Bybit HYPEUSDT+0.0002%8h93.360−0.128%$315.0M$288.4M75xas long as short
BingX HYPE-USDT+0.0002%4h93.401−0.085%—$53.6M—as long as short
Derive HYPE-PERP+0.0010%1h93.422−0.062%$16.2M$7.4M10xas long as short
Phoenix HYPE+0.0017%1h93.482+0.002%$209K$1.1M10xas long as short
Bitget HYPEUSDT+0.0042%4h93.400−0.086%$225.0M$99.7M75xas long as short
Paradex HYPE-USD-PERP+0.0077%8h93.429−0.055%$334K$161K20xas long as short
Arcus HYPE-USD+0.0084%1h93.375−0.112%$1.0M$4.0M10xas long as short
Phemex HYPEUSDT+0.0086%8h93.459−0.022%$12.8M$2.8M50xas long as short
edgeX HYPEUSDC+0.0086%4h93.443−0.040%$5.0M$30.5M30xas long as short
Lighter HYPE+0.0096%1h93.410−0.075%$16.1M$63.9M20xas long as short
Lighter RH HYPE+0.0096%1h93.419−0.065%$3.1M$11.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.390−0.096%$80K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.400−0.086%$21K$1.7M10xas long as short
Nado HYPE-PERPshort+0.0100%1h93.475−0.006%$7.5M$50.9M10x
Hyperliquid HYPE+0.0100%1h93.497+0.018%$2.04B$680.6M10xas long as short
Aster HYPEUSDT+0.0100%4h93.393−0.093%$8.8M$37.1M300xas long as short
Pacifica HYPE+0.0100%1h93.433−0.050%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.375−0.112%$373.8M$930.1M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.360−0.128%$115.3M$314.6M50xas long as short
Gate HYPE_USDT+0.0100%4h93.399−0.087%$48.4M$55.2M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.397−0.089%$89.2M$83.8M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.401−0.085%$46.2M$18.7M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.449−0.033%$7.2M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.479−0.001%$28.6M$56.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.540+0.065%$7.5M$48.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.577+0.104%$347K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.507+0.029%$677K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h93.530+0.053%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.498+0.019%$469K$2.8M20xas long as short
SunX HYPE-USDT+0.0100%4h93.533+0.057%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.471−0.010%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.615+0.144%$1.4M$6.7M75xas long as short
Bulk HYPE-USD+0.0100%1h93.507+0.029%$216K$15K10xas long as short
Extended HYPE-USD+0.0104%1h93.348−0.142%$18.2M$43.3M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.470−0.011%$395K$159K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0120%1h93.460−0.021%$4.7M$6.1M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.430−0.053%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0271%1h93.462−0.020%$77K$129K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0295%1h93.567+0.093%$7.4M$4.2M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.505+0.027%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.4800.000%$16.9M$12.2M75xas long as short
Kraken Futures PF_HYPEUSD+0.0416%1h93.550+0.075%$20.9M$29.6M50xas long as short
RISEx HYPE/USDC+0.0559%1h93.514+0.036%$3.2M$6.4M20xas long as short