HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.017%

Price spread now: Aevo against Nado+0.029%7-day average +0.011% · 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−$37as in the Price arb table

costs, in and out, $10k−$390.392% of the position

Long on Nado Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.019%+$2 on $10k

Price spread, last 3 days (all we have)−0.122%−$12 · spread now +0.029%, 7d avg +0.011%

Together, before fees−0.103%+ Points / potential airdropNado: Active · farm board−$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado HYPE-PERP	93.550	0.0100	pay 0.0012% / 1h	33m 21s	$6.0M	$44.1M	10x
Short	Aevo HYPE-PERP	93.577	0.0104	get 0.0013% / 1h	33m 21s	$398K	$318K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee AevobpOrdersPrice spread, now +0.029%Rate

Funding earned: $0.84
Price spread: +0.029% → +0.011%: $1.74
Slippage, 4 orders: −$16.21
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$36.63
Costs to cover: 0.392%
Break-even: 312.2 days

Slippage from Nado: live order book, 1 min ago; Aevo: live order book, 55 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 Nado live order book, 1 min ago	0.05 bp	3.7 bp −$4	6.6 bp −$66	25.7 bp −$2,570	doesn't fit
Sell Aevo live order book, 55 min ago	6.65 bp	15.0 bp −$15	17.6 bp −$176	20.3 bp −$2,035	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	−0.1088%	1h	93.453	−0.104%	$197K	$233K	7x	as long as short
Aftermath Perps HYPEUSD	−0.0268%	1h	93.482	−0.073%	$22K	$22K	10x	as long as short
Ondo Perps HYPE-USD.P	−0.0238%	1h	93.450	−0.107%	$701K	$940K	10x	as long as short
01 Exchange HYPEUSD	−0.0080%	1h	93.587	+0.039%	$89K	$348K	20x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.527	−0.025%	$3K	$331	25x	as long as short
Bullet HYPE-USD	−0.0033%	1h	93.551	+0.001%	$112K	$583K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.563	+0.014%	$127K	$32K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.565	+0.016%	$23K	$337K	10x	as long as short
Derive HYPE-PERP	+0.0001%	1h	93.507	−0.047%	$16.4M	$7.1M	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	93.590	+0.042%	$20K	—	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HYPEUSDT	+0.0017%	4h	93.562	+0.012%	$9.0M	$35.8M	300x	as long as short
Gate HYPE_USDT	+0.0032%	4h	93.558	+0.008%	$44.1M	$56.6M	75x	as long as short
Bybit HYPEUSDT	+0.0037%	8h	93.550	−0.001%	$325.9M	$287.3M	75x	as long as short
Phoenix HYPE	+0.0068%	1h	93.549	−0.002%	$216K	$1.2M	10x	as long as short
Orderly PERP_HYPE_USDC	+0.0070%	4h	93.561	+0.011%	$180K	$529K	20x	as long as short
Popdex HYPEUSDT	+0.0080%	1h	93.550	−0.001%	$57K	$1.2M	50x	as long as short
Lighter HYPE	+0.0096%	1h	93.568	+0.019%	$18.6M	$59.5M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.539	−0.012%	$3.1M	$12.3M	20x	as long as short
Paradex HYPE-USD-PERP	+0.0100%	8h	93.578	+0.029%	$340K	$170K	20x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.560	+0.010%	$40K	$1.6M	10x	as long as short
Nado HYPE-PERPlong	+0.0100%	1h	93.550	long leg	$6.0M	$44.1M	10x
Hyperliquid HYPE	+0.0100%	1h	93.615	+0.069%	$2.04B	$668.5M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	93.574	+0.025%	$10.0M	$14.4M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	93.559	+0.009%	$385.8M	$888.2M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	93.561	+0.011%	$114.9M	$315.8M	50x	as long as short
Arcus HYPE-USD	+0.0100%	1h	93.533	−0.019%	$1.2M	$4.0M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.403	−0.158%	$204K	$12K	10x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	93.562	+0.012%	$92.8M	$82.1M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.574	+0.025%	$46.4M	$18.8M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	93.578	+0.029%	$227.3M	$102.2M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	93.545	−0.006%	—	$54.2M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.515	−0.038%	$7.9M	$11.7M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.402	−0.159%	$28.9M	$49.8M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.500	−0.054%	$7.5M	$45.1M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.482	−0.073%	$406K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.503	−0.051%	$676K	$2.4M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.577	+0.029%	—	$454K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.588	+0.040%	$494K	$2.6M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.589	+0.041%	$76K	$168K	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.611	+0.065%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.560	+0.010%	$2.0M	$2.0M	10x	as long as short
Phemex HYPEUSDT	+0.0100%	8h	93.474	−0.082%	$12.7M	$2.6M	50x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.551	0.000%	$18.4M	$41.1M	50x	as long as short
Aevo HYPE-PERPshort	+0.0104%	1h	93.577	+0.029%	$398K	$318K	20x
edgeX HYPEUSDC	+0.0117%	4h	93.456	−0.101%	$5.1M	$29.6M	30x	as long as short
Kalshi KXHYPEPERP	+0.0119%	8h	93.583	+0.035%	$1.9M	$5.3M	2.3x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0188%	1h	93.655	+0.112%	$7.4M	$4.6M	50x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0208%	1h	93.400	−0.161%	$4.9M	$5.7M	50x	as long as short
Reya HYPERUSDPERP	+0.0245%	1h	93.562	+0.012%	$78K	$158K	15x	as long as short
Injective HYPE/USDC PERP	+0.0285%	1h	93.710	+0.170%	$30K	$231K	12x	as long as short
HTX HYPE-USDT	+0.0335%	4h	93.662	+0.119%	$1.5M	$7.6M	75x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0339% / S −0.0164%	1h	93.588	+0.040%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	93.449	−0.108%	$17.1M	$12.5M	75x	as long as short
RISEx HYPE/USDC	+0.0467%	1h	93.617	+0.071%	$2.8M	$6.8M	20x	as long as short
Kraken Futures PF_HYPEUSD	+0.0572%	1h	93.667	+0.125%	$19.2M	$25.9M	50x	as long as short