Funding you earn now, next payment 22:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.037%
Price spread now: Nado against Hotstuff−0.007%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHotstuff: Active · Nado: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff HYPE-PERP | 93.510 | −0.0080 | get 0.0010% / 1h | 34m 24s | $3K | $331 | 25x |
| Short | Nado HYPE-PERP | 93.503 | 0.0100 | get 0.0012% / 1h | 34m 24s | $6.0M | $44.1M | 10x |
Hotstuff HYPE-PERP
Nado HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Hotstuff. 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
- $37.8
- Price spread: −0.007% → 0.000%
- −$0.7
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $25.1
- Costs to cover
- 0.120%
- Break-even
- 2.4 days
Slippage unknown: Hotstuff: no order-book sample; Nado: live order book, 5 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 5 min ago | 0.05 bp | 3.7 bp −$4 | 5.7 bp −$57 | 27.5 bp −$2,750 | doesn't fit |
Hotstuff: 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.
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 | −0.1104% | 1h | 93.433 | −0.082% | $197K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0265% | 1h | 93.465 | −0.048% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0244% | 1h | 93.370 | −0.150% | $701K | $940K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.536 | +0.028% | $89K | $348K | 20x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 93.510 | long leg | $3K | $331 | 25x | |
| Bullet HYPE-USD | −0.0028% | 1h | 93.471 | −0.042% | $112K | $583K | 20x | as long as short |
| Derive HYPE-PERP | −0.0003% | 1h | 93.437 | −0.078% | $16.4M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.563 | +0.057% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.565 | +0.059% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.528 | +0.019% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Bullet HYPE-USD
Derive HYPE-PERP
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0012% | 4h | 93.519 | +0.010% | $9.0M | $35.9M | 300x | as long as short |
| Gate HYPE_USDT | +0.0028% | 4h | 93.517 | +0.007% | $44.1M | $56.5M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0037% | 8h | 93.490 | −0.021% | $325.7M | $287.3M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.464 | −0.049% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0070% | 4h | 93.491 | −0.020% | $180K | $529K | 20x | as long as short |
| Popdex HYPEUSDT | +0.0080% | 1h | 93.505 | −0.005% | $57K | $1.2M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.564 | +0.058% | $18.6M | $59.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.539 | +0.031% | $3.1M | $12.3M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.540 | +0.032% | $340K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.470 | −0.043% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERPshort | +0.0100% | 1h | 93.503 | −0.007% | $6.0M | $44.1M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 93.570 | +0.064% | $2.04B | $668.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.540 | +0.032% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.517 | +0.008% | $385.7M | $888.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.477 | −0.035% | $114.9M | $315.4M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.488 | −0.024% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.403 | −0.115% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.494 | −0.017% | $92.8M | $82.0M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.503 | −0.007% | $46.4M | $18.9M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.498 | −0.013% | $227.1M | $102.1M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.513 | +0.003% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.575 | +0.070% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.402 | −0.116% | $28.9M | $49.8M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.494 | −0.017% | $7.5M | $45.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.482 | −0.030% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.503 | −0.007% | $676K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.530 | +0.021% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.526 | +0.017% | $494K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.508 | −0.002% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.531 | +0.022% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.490 | −0.021% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.504 | −0.006% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.505 | −0.006% | $18.4M | $41.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.509 | −0.001% | $398K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0113% | 4h | 93.336 | −0.186% | $5.1M | $29.5M | 30x | as long as short |
| Kalshi KXHYPEPERP | +0.0116% | 8h | 93.598 | +0.094% | $1.9M | $5.3M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.400 | −0.118% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.494 | −0.017% | $78K | $158K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0274% | 1h | 93.585 | +0.080% | $7.4M | $4.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.350 | −0.171% | $30K | $231K | 12x | as long as short |
| HTX HYPE-USDT | +0.0338% | 4h | 93.662 | +0.163% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0164% | 1h | 93.526 | +0.018% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.449 | −0.065% | $17.1M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.576 | +0.070% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0573% | 1h | 93.599 | +0.095% | $19.2M | $25.9M | 50x | as long as short |
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Popdex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
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
BingX HYPE-USDT
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
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
Injective HYPE/USDC PERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD