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

HYPE

all HYPE markets
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Alert: funding
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Alert: spread
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Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.12 per $10,000 · paid last 24h −0.013%
Price spread now: dYdX against Nado+0.022%7-day average +0.007% · 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−$19as in the Price arb table
costs, in and out, $10k−$210.207% of the position
Long on NadoShort on dYdX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.059%−$6 on $10k
Price spread, last 4 days (all we have)−1.072%−$107 · spread now +0.022%, 7d avg +0.007%
Together, before fees−1.131%+ Points / potential airdropNado: Active · farm board−$113 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado HYPE-PERP93.3400.0100pay 0.0012% / 1h34m 14s$5.8M$43.3M10x
ShortdYdX HYPE-USD93.3610get 0.0000% / 1h34m 14s$128K$31K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$21
Price spread: +0.022% → +0.007%
$1.48
Slippage, 4 orders
−$3.7
Fee Nado: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$40.21
Costs to cover
0.207%
Break-even
never at this rate
Slippage from Nado: live order book, 5 min ago; dYdX: live order book, 30 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 Nado live order book, 5 min ago0.05 bp3.8 bp −$46.8 bp −$6825.9 bp −$2,587doesn't fit
Sell dYdX live order book, 30 min ago1.65 bp6.7 bp −$725.4 bp −$254197.4 bp −$19.7K962.4 bp −$481.2K

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−0.1288%1h93.317−0.025%$196K$226K7xas long as short
Arcus HYPE-USD−0.0899%1h93.210−0.140%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0110%1h93.330−0.011%$699K$982K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.329−0.012%$3K$33125xas long as short
Aftermath Perps HYPEUSD−0.0058%1h93.385+0.047%$22K$21K10xas long as short
01 Exchange HYPEUSD−0.0056%1h93.370+0.032%$85K$344K20xas long as short
Phemex HYPEUSDT−0.0052%8h93.379+0.041%$12.6M$2.7M50xas long as short
Orderly PERP_HYPE_USDC−0.0044%4h93.346+0.006%$154K$642K20xas long as short
Bullet HYPE-USD−0.0006%1h93.348+0.008%$111K$578K20xas long as short
dYdX HYPE-USDshort0.0000%1h93.361+0.022%$128K$31K5x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.362+0.023%$23K$322K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.360+0.021%$62K—150xas long as short
Aster HYPEUSDT+0.0022%4h93.352+0.013%$8.8M$35.5M300xas long as short
Phoenix HYPE+0.0026%1h93.393+0.056%$213K$1.2M10xas long as short
BingX HYPE-USDT+0.0026%4h93.348+0.008%—$53.0M—as long as short
Bybit HYPEUSDT+0.0030%8h93.341+0.001%$321.1M$277.1M75xas long as short
Gate HYPE_USDT+0.0046%4h93.349+0.009%$44.6M$54.9M75xas long as short
OKX HYPE-USDT-SWAP+0.0077%8h93.352+0.012%$114.1M$301.9M50xas long as short
Lighter HYPE+0.0096%1h93.415+0.080%$16.3M$61.6M20xas long as short
Lighter RH HYPE+0.0096%1h93.414+0.079%$3.1M$11.6M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.355+0.016%$69K$1.2M50xas long as short
MEXC HYPE_USDT+0.0096%4h93.350+0.010%$89.8M$80.8M100xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.353+0.014%$339K$162K20xas long as short
Binance HYPEUSDT+0.0100%4h93.418+0.083%$378.8M$876.1M75xas long as short
Katana Perps HYPE-USD+0.0100%8h93.370+0.032%$17K$1.6M10xas long as short
Nado HYPE-PERPlong+0.0100%1h93.340long leg$5.8M$43.3M10x
Hyperliquid HYPE+0.0100%1h93.438+0.104%$2.04B$653.6M10xas long as short
Pacifica HYPE+0.0100%1h93.357+0.018%$10.0M$14.6M20xas long as short
Bulk HYPE-USD+0.0100%1h93.364+0.025%$203K$10K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.389+0.052%$45.9M$18.1M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.388+0.051%$225.8M$96.6M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.371+0.033%$7.4M$10.3M20xas long as short
Variational Omni HYPE+0.0100%8h93.367+0.028%$31.1M$53.9M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.365+0.026%$7.5M$45.5M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.333−0.008%$339K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.424+0.089%$667K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.401+0.065%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.389+0.052%$472K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.338−0.003%$79K$170K20xas long as short
Derive HYPE-PERP+0.0100%1h93.333−0.009%$16.2M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h93.412+0.077%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.385+0.048%$2.0M$1.9M10xas long as short
Extended HYPE-USD+0.0104%1h93.387+0.050%$18.4M$43.6M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.368+0.030%$397K$162K20xas long as short
edgeX HYPEUSDC+0.0110%4h93.315−0.028%$5.1M$29.7M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.420+0.085%$4.8M$5.6M50xas long as short
HTX HYPE-USDT+0.0190%4h93.501+0.172%$1.4M$6.0M75xas long as short
Reya HYPERUSDPERP+0.0258%1h93.348+0.008%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0278%8h93.420+0.085%$1.9M$5.0M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0156%1h93.379+0.041%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0338%4h93.380+0.042%$17.0M$11.6M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0339%1h93.464+0.132%$7.4M$4.4M50xas long as short
RISEx HYPE/USDC+0.0510%1h93.426+0.091%$3.2M$6.3M20xas long as short
Injective HYPE/USDC PERP+0.0519%1h93.220−0.129%$30K$339K12xas long as short
Kraken Futures PF_HYPEUSD+0.0685%1h93.458+0.126%$20.8M$29.8M50xas long as short