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

HYPE

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 01:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h +0.011%
Price spread now: edgeX against Nado+0.082%7-day average −0.040% · 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−$5as in the Price arb table
costs, in and out, $10k−$170.170% of the position
Long on NadoShort on edgeX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.022%+$2 on $10k
Price spread, last 7 days−0.111%−$11 · spread now +0.082%, 7d avg −0.040%
Together, before fees−0.090%+ Points / potential airdropNado: Active · edgeX: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.122% dearer against Nado than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.040%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado HYPE-PERP93.9210.0100pay 0.0012% / 1h11m 34s$6.6M$44.7M10x
ShortedgeX HYPEUSDC93.9990.0058get 0.0029% / 4h3h 11m$5.1M$30.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$8.84
Price spread: +0.082% → −0.040%
$12.22
Slippage, 4 orders
−$1.02
Fee Nado: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$13.63
Costs to cover
0.170%
Break-even
never at this rate
Slippage from Nado: live order book, 3 min ago; edgeX: live order book, 3 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, 3 min ago0.05 bp3.7 bp −$46.2 bp −$6229.8 bp −$2,975doesn't fit
Sell edgeX live order book, 3 min ago0.32 bp4.8 bp −$55.1 bp −$51146.6 bp −$14.7Kdoesn't fit

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−0.1200%1h94.014+0.099%$199K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h93.859−0.067%$1.2M$3.9M10xas long as short
Aftermath Perps HYPEUSD−0.0208%1h93.960+0.041%$22K$21K10xas long as short
Phemex HYPEUSDT−0.0110%8h93.928+0.007%$12.8M$2.6M50xas long as short
Ondo Perps HYPE-USD.P−0.0108%1h93.870−0.055%$710K$960K10xas long as short
dYdX HYPE-USD−0.0093%1h94.002+0.085%$129K$31K5xas long as short
01 Exchange HYPEUSD−0.0080%1h93.970+0.052%$86K$359K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.964+0.045%$3K$33125xas long as short
Bullet HYPE-USD−0.0061%1h93.964+0.045%$113K$581K20xas long as short
Gate HYPE_USDT−0.0034%4h93.947+0.027%$44.5M$60.3M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_HYPE_USDC−0.0028%4h93.935+0.014%$159K$644K20xas long as short
Bybit HYPEUSDT0.0000%8h93.957+0.038%$323.4M$280.2M75xas long as short
Perpl HYPE0.0000%43m93.993+0.077%$23K$327K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.990+0.073%$26K—150xas long as short
Aster HYPEUSDT+0.0009%4h93.957+0.038%$8.9M$36.1M300xas long as short
Derive HYPE-PERP+0.0017%1h93.907−0.015%$16.4M$7.3M10xas long as short
Phoenix HYPE+0.0034%1h93.678−0.259%$218K$1.2M10xas long as short
Binance HYPEUSDT+0.0052%4h93.981+0.063%$383.7M$894.4M75xas long as short
MEXC HYPE_USDT+0.0052%4h93.959+0.040%$88.5M$83.3M100xas long as short
edgeX HYPEUSDCshort+0.0058%4h93.999+0.082%$5.1M$30.1M30x
OKX HYPE-USDT-SWAP+0.0074%8h93.968+0.050%$116.1M$315.5M50xas long as short
Lighter HYPE+0.0096%1h93.993+0.076%$19.0M$60.4M20xas long as short
Lighter RH HYPE+0.0096%1h93.975+0.057%$3.0M$12.2M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.966+0.047%$65K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h93.955+0.036%$400K$180K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.987+0.070%$341K$165K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.960+0.041%$29K$1.6M10xas long as short
Nado HYPE-PERPlong+0.0100%1h93.921long leg$6.6M$44.7M10x
Hyperliquid HYPE+0.0100%1h93.988+0.071%$2.05B$676.5M10xas long as short
Pacifica HYPE+0.0100%1h93.987+0.070%$10.2M$14.6M20xas long as short
Bulk HYPE-USD+0.0100%1h93.528−0.419%$204K$12K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.960+0.041%$46.6M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.968+0.050%$227.6M$100.3M75xas long as short
BingX HYPE-USDT+0.0100%4h93.953+0.034%—$54.1M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.947+0.027%$7.7M$10.3M20xas long as short
Variational Omni HYPE+0.0100%8h93.810−0.118%$31.4M$54.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.053+0.140%$7.6M$46.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.061+0.149%$340K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h94.040+0.126%$671K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h94.005+0.088%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h94.005+0.089%$475K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.952+0.032%$76K$170K20xas long as short
SunX HYPE-USDT+0.0100%4h94.026+0.111%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.953+0.034%$2.0M$2.0M10xas long as short
Extended HYPE-USD+0.0104%1h93.938+0.018%$18.4M$45.3M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h94.000+0.084%$4.9M$5.5M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.930+0.009%$31K$338K12xas long as short
BloFin HYPE-USDT+0.0205%4h94.015+0.100%$17.0M$12.1M75xas long as short
RISEx HYPE/USDC+0.0222%1h94.005+0.089%$2.7M$6.7M20xas long as short
Kalshi KXHYPEPERP+0.0237%8h94.046+0.133%$1.9M$5.1M2.3xas long as short
Reya HYPERUSDPERP+0.0252%1h93.953+0.034%$79K$143K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0335% / S −0.0158%1h93.985+0.068%$1.4M—100xas long as short
HTX HYPE-USDT+0.0375%4h94.150+0.243%$1.5M$6.0M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0463%1h94.051+0.138%$7.5M$4.7M50xas long as short
Kraken Futures PF_HYPEUSD+0.0671%1h94.041+0.127%$21.0M$29.8M50xas long as short