Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%
Price spread now: Nado against Katana Perps+0.064%53s7-day average +0.049% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.064%, 7d avg +0.049%
=Together, before fees−0.016%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps HYPE-USD | 94.330 | 0.0100 | pay 0.0100% / 8h | 39m 34s | $30K | $1.7M | 10x |
| Short | Nado HYPE-PERP | 94.391 | 0.0100 | get 0.0012% / 1h | 39m 34s | $7.4M | $52.0M | 10x |
Katana Perps HYPE-USD
Nado HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Katana Perps. 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
- $0.08
- Price spread: +0.064% → +0.049%
- $1.52
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$9.2
- Costs to cover
- 0.108%
- Break-even
- 835.9 days
Slippage unknown: Katana Perps: 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 5 min ago | 0.05 bp | 3.7 bp −$4 | 5.9 bp −$59 | 26.5 bp −$2,649 | doesn't fit |
Katana Perps: 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 | −0.1480% | 1h | 94.196 | −0.142% | $201K | $250K | 7x | as long as short |
| Bluefin HYPE-PERP | −0.0370% | 1h | 94.339 | +0.010% | $80K | $154K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0199% | 1h | 94.210 | −0.127% | $712K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | −0.0171% | 1h | 94.385 | +0.058% | $112K | $576K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0130% | 1h | 94.471 | +0.149% | $22K | $20K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0112% | 1h | 94.334 | +0.004% | $87K | $366K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.383 | +0.056% | $3K | $331 | 25x | as long as short |
| Arcus HYPE-USD | −0.0045% | 1h | 94.271 | −0.063% | $1.0M | $3.6M | 10x | as long as short |
| Bybit HYPEUSDT | −0.0015% | 8h | 94.340 | +0.011% | $317.3M | $289.3M | 75x | as long as short |
| Derive HYPE-PERP | −0.0008% | 1h | 94.322 | −0.009% | $16.5M | $7.5M | 10x | as long as short |
Hibachi HYPE/USDT-P
Bluefin HYPE-PERP
Ondo Perps HYPE-USD.P
Bullet HYPE-USD
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Arcus HYPE-USD
Bybit HYPEUSDT
Derive HYPE-PERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX HYPE-USD | 0.0000% | 1h | 94.308 | −0.024% | $129K | $94K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 94.474 | +0.153% | $1.9M | $5.6M | 2.3x | as long as short |
| Phoenix HYPE | 0.0000% | 1h | 94.440 | +0.117% | $209K | $1.1M | 10x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.423 | +0.099% | $19K | $287K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | 0.0000% | 4h | 94.347 | +0.018% | $146K | $685K | 20x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S 0.0000% | 1h | 94.410 | +0.085% | $123K | — | 150x | as long as short |
| Bitget HYPEUSDT | +0.0038% | 4h | 94.254 | −0.081% | $226.6M | $99.7M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0042% | 8h | 94.359 | +0.031% | $12.9M | $2.9M | 50x | as long as short |
| Lighter HYPE | +0.0048% | 1h | 94.330 | 0.000% | $16.3M | $64.0M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0051% | 8h | 94.279 | −0.055% | $337K | $156K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0064% | 1h | 94.460 | +0.138% | $4.7M | $6.2M | 50x | as long as short |
| Polymarket Perps HYPE-USD | +0.0072% | 1h | 94.394 | +0.068% | $495K | $2.8M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0081% | 8h | 94.255 | −0.080% | $117.6M | $324.4M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0093% | 4h | 94.370 | +0.043% | $5.0M | $30.6M | 30x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.330 | 0.000% | $3.2M | $10.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.322 | −0.008% | $81K | $1.2M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0099% | 1h | 94.461 | +0.139% | $7.4M | $4.3M | 50x | as long as short |
| Katana Perps HYPE-USDlong | +0.0100% | 8h | 94.330 | long leg | $30K | $1.7M | 10x | |
| Nado HYPE-PERPshort | +0.0100% | 1h | 94.391 | +0.064% | $7.4M | $52.0M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 94.460 | +0.138% | $2.08B | $687.9M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.309 | −0.022% | $8.8M | $37.3M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.300 | −0.031% | $10.2M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.322 | −0.008% | $378.0M | $933.9M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.280 | −0.053% | $218K | $12K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.267 | −0.067% | $49.6M | $56.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.254 | −0.081% | $90.7M | $82.7M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.337 | +0.007% | $46.8M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.268 | −0.066% | — | $53.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.364 | +0.036% | $7.6M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.327 | −0.004% | $29.5M | $54.5M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.408 | +0.083% | $7.6M | $46.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.340 | +0.011% | $369K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.414 | +0.089% | $683K | $2.7M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.438 | +0.114% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.366 | +0.038% | $2.1M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.517 | +0.198% | $1.4M | $6.8M | 75x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.457 | +0.135% | — | $190K | 5x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.254 | −0.081% | $18.3M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.372 | +0.045% | $399K | $159K | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0150% / S +0.0021% | 1h | 94.427 | +0.103% | $1.4M | — | 100x | as long as short |
| Injective HYPE/USDC PERP | +0.0185% | 1h | 94.400 | +0.074% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0223% | 1h | 94.434 | +0.110% | $20.2M | $30.2M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0249% | 1h | 94.332 | +0.002% | $3.2M | $6.4M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0272% | 1h | 94.347 | +0.018% | $84K | $124K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.388 | +0.061% | $17.1M | $12.4M | 75x | as long as short |
dYdX HYPE-USD
Kalshi KXHYPEPERP
Phoenix HYPE
Perpl HYPE
Orderly PERP_HYPE_USDC
gTrade (Gains Network) HYPE/USD
Bitget HYPEUSDT
Phemex HYPEUSDT
Lighter HYPE
Paradex HYPE-USD-PERP
Coinbase International HYPE-PERP-INTX
Polymarket Perps HYPE-USD
OKX HYPE-USDT-SWAP
edgeX HYPEUSDC
Lighter RH HYPE
Popdex HYPEUSDT
Deribit HYPE_USDC-PERPETUAL
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Vest HYPE-PERP
Extended HYPE-USD
Aevo HYPE-PERP
GMX HYPE/USD [WBTC.b-USDC]
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC
Reya HYPERUSDPERP
BloFin HYPE-USDT