HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.01 per $10,000 · paid last 24h +0.013%

Price spread now: ApeX Omni against Nado+0.197%61s7-day average −0.014% · 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—prices read too far apart to compare

costs, in and out, $10k−$280.281% of the position

Long on Nado Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.015%+$2 on $10k

Price spread, last 7 days−0.231%−$23 · spread now +0.197%, 7d avg −0.014%

Together, before fees−0.216%+ Points / potential airdropNado: Active · farm board−$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.211% dearer against Nado than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.014%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado HYPE-PERP	92.151	0.0100	pay 0.0012% / 1h	46m 00s	$5.7M	$43.2M	10x
Short	ApeX Omni HYPEUSDT	92.333	0.0093	get 0.0012% / 1h	46m 00s	$337K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now +0.197%Rate

Funding earned: −$1.51
Price spread: +0.197% → −0.014%: $21.1
Slippage, 4 orders: −$11.07
Fee Nado: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$8.48
Costs to cover: 0.281%
Break-even: never at this rate

Slippage from Nado: live order book, 3 min ago; ApeX Omni: live order book, 3 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, 3 min ago	0.05 bp	3.6 bp −$4	7.2 bp −$72	30.1 bp −$3,012	doesn't fit
Sell ApeX Omni live order book, 3 min ago	4.01 bp	10.2 bp −$10	13.6 bp −$136	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
Arcus HYPE-USD	−0.0948%	1h	92.180	+0.031%	$1.2M	$3.8M	10x	as long as short
Hibachi HYPE/USDT-P	−0.0648%	1h	92.231	+0.086%	$193K	$228K	7x	as long as short
01 Exchange HYPEUSD	−0.0128%	1h	92.151	−0.001%	$86K	$353K	20x	as long as short
Aftermath Perps HYPEUSD	−0.0128%	1h	92.409	+0.279%	$22K	$21K	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	92.174	+0.024%	$3K	$331	25x	as long as short
Orderly PERP_HYPE_USDC	−0.0071%	4h	92.155	+0.004%	$157K	$663K	20x	as long as short
Bullet HYPE-USD	−0.0058%	1h	92.163	+0.012%	$110K	$580K	20x	as long as short
Ondo Perps HYPE-USD.P	−0.0026%	1h	92.180	+0.031%	$696K	$1.1M	10x	as long as short
Aster HYPEUSDT	−0.0012%	4h	92.197	+0.049%	$8.6M	$36.4M	300x	as long as short
dYdX HYPE-USD	0.0000%	1h	92.238	+0.094%	$126K	$31K	5x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl HYPE	0.0000%	43m	92.224	+0.079%	$22K	$310K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0002%	1h	92.192	+0.044%	$61K	—	150x	as long as short
BingX HYPE-USDT	+0.0030%	4h	92.209	+0.062%	—	$53.2M	—	as long as short
Bybit HYPEUSDT	+0.0040%	8h	92.200	+0.053%	$315.5M	$280.8M	75x	as long as short
Derive HYPE-PERP	+0.0041%	1h	92.141	−0.012%	$16.0M	$7.5M	10x	as long as short
Phoenix HYPE	+0.0043%	1h	92.430	+0.302%	$209K	$1.2M	10x	as long as short
Gate HYPE_USDT	+0.0048%	4h	92.208	+0.061%	$44.3M	$54.7M	75x	as long as short
Phemex HYPEUSDT	+0.0064%	8h	92.224	+0.079%	$12.5M	$2.7M	50x	as long as short
Binance HYPEUSDT	+0.0076%	4h	92.202	+0.055%	$370.7M	$897.4M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0076%	8h	92.213	+0.067%	$112.6M	$300.8M	50x	as long as short
MEXC HYPE_USDT	+0.0076%	4h	92.209	+0.062%	$87.0M	$80.4M	100x	as long as short
Popdex HYPEUSDT	+0.0080%	1h	92.184	+0.035%	$67K	$1.2M	50x	as long as short
edgeX HYPEUSDC	+0.0080%	4h	92.311	+0.173%	$4.9M	$29.4M	30x	as long as short
Paradex HYPE-USD-PERP	+0.0091%	8h	92.238	+0.093%	$338K	$163K	20x	as long as short
ApeX Omni HYPEUSDTshort	+0.0093%	1h	92.333	+0.197%	$337K	$1.0M	50x
Lighter HYPE	+0.0096%	1h	92.204	+0.057%	$16.0M	$62.2M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	92.211	+0.065%	$3.1M	$11.6M	20x	as long as short
Aevo HYPE-PERP	+0.0096%	1h	92.164	+0.013%	$390K	$164K	20x	as long as short
Katana Perps HYPE-USD	+0.0099%	8h	92.160	+0.009%	$13K	$1.7M	10x	as long as short
Nado HYPE-PERPlong	+0.0100%	1h	92.151	long leg	$5.7M	$43.2M	10x
Hyperliquid HYPE	+0.0100%	1h	92.240	+0.096%	$2.01B	$663.5M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	92.235	+0.091%	$10.0M	$15.0M	20x	as long as short
Bulk HYPE-USD	+0.0100%	1h	92.800	+0.704%	$202K	$13K	10x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	92.220	+0.074%	$45.7M	$18.3M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	92.203	+0.056%	$223.3M	$98.2M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	92.195	+0.047%	$7.2M	$10.2M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	92.158	+0.007%	$28.3M	$57.3M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	92.327	+0.190%	$7.5M	$45.9M	10x	as long as short
StandX HYPE-USD	+0.0100%	1h	92.256	+0.113%	$663K	$2.7M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	92.224	+0.079%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	92.183	+0.034%	$474K	$2.6M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	92.250	+0.107%	$31K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	92.200	+0.053%	$2.0M	$2.0M	10x	as long as short
HTX HYPE-USDT	+0.0100%	4h	92.300	+0.161%	$1.4M	$6.2M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	92.193	+0.045%	$18.1M	$43.4M	50x	as long as short
Injective HYPE/USDC PERP	+0.0150%	1h	93.000	+0.921%	$30K	$339K	12x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0160%	1h	92.210	+0.063%	$4.7M	$5.5M	50x	as long as short
Kalshi KXHYPEPERP	+0.0259%	8h	92.280	+0.139%	$1.8M	$5.4M	2.3x	as long as short
Reya HYPERUSDPERP	+0.0261%	1h	92.158	+0.007%	$78K	$140K	15x	as long as short
BloFin HYPE-USDT	+0.0311%	4h	92.180	+0.031%	$16.7M	$11.5M	75x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0329% / S −0.0153%	1h	92.181	+0.033%	$1.4M	—	100x	as long as short
Kraken Futures PF_HYPEUSD	+0.0334%	1h	92.255	+0.112%	$20.5M	$30.4M	50x	as long as short
Bluefin HYPE-PERP	+0.0401%	1h	92.137	−0.016%	$78K	$169K	20x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0542%	1h	92.294	+0.155%	$7.5M	$4.4M	50x	as long as short
RISEx HYPE/USDC	+0.0687%	1h	92.275	+0.134%	$3.1M	$6.4M	20x	as long as short