HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.013%

Price spread now: gTrade (Gains Network) against Nado+0.008%54s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 54 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	93.299	0.0100	pay 0.0012% / 1h	37m 27s	$5.8M	$43.3M	10x
Short	gTrade (Gains Network) HYPE/USD	93.306	L +0.0002% / S −0.0002%	get 0.0000% / 1h	37m 27s	$62K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.008%Rate

Funding earned: −$20.55
Price spread: +0.008% → 0.000%: $0.77
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$36.77
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 2 min ago; gTrade (Gains Network): no order-book sample. 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 Nado live order book, 2 min ago	0.05 bp	3.8 bp −$4	6.8 bp −$68	25.9 bp −$2,587	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.1288%	1h	93.228	−0.075%	$196K	$226K	7x	as long as short
Arcus HYPE-USD	−0.0899%	1h	93.198	−0.108%	$1.2M	$3.8M	10x	as long as short
Ondo Perps HYPE-USD.P	−0.0091%	1h	93.220	−0.084%	$700K	$981K	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.301	+0.003%	$3K	$331	25x	as long as short
Phemex HYPEUSDT	−0.0063%	8h	93.262	−0.039%	$12.6M	$2.7M	50x	as long as short
01 Exchange HYPEUSD	−0.0056%	1h	93.381	+0.088%	$85K	$345K	20x	as long as short
Aftermath Perps HYPEUSD	−0.0047%	1h	93.391	+0.099%	$22K	$21K	10x	as long as short
Orderly PERP_HYPE_USDC	−0.0046%	4h	93.258	−0.043%	$155K	$633K	20x	as long as short
Bullet HYPE-USD	−0.0016%	1h	93.336	+0.040%	$111K	$577K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.361	+0.067%	$128K	$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	93.398	+0.107%	$23K	$322K	10x	as long as short
gTrade (Gains Network) HYPE/USDshort	L +0.0002% / S −0.0002%	1h	93.306	+0.008%	$62K	—	150x
Aster HYPEUSDT	+0.0016%	4h	93.342	+0.047%	$8.8M	$35.5M	300x	as long as short
Phoenix HYPE	+0.0026%	1h	93.398	+0.107%	$213K	$1.2M	10x	as long as short
BingX HYPE-USDT	+0.0026%	4h	93.305	+0.007%	—	$53.0M	—	as long as short
Bybit HYPEUSDT	+0.0032%	8h	93.370	+0.077%	$321.4M	$277.1M	75x	as long as short
Gate HYPE_USDT	+0.0052%	4h	93.337	+0.041%	$44.5M	$54.8M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0078%	8h	93.372	+0.079%	$114.2M	$302.1M	50x	as long as short
Lighter HYPE	+0.0096%	1h	93.322	+0.025%	$16.3M	$61.6M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.311	+0.013%	$3.1M	$11.6M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	93.371	+0.078%	$69K	$1.2M	50x	as long as short
MEXC HYPE_USDT	+0.0096%	4h	93.294	−0.005%	$89.7M	$80.7M	100x	as long as short
Binance HYPEUSDT	+0.0096%	4h	93.370	+0.076%	$378.9M	$876.3M	75x	as long as short
Paradex HYPE-USD-PERP	+0.0097%	8h	93.336	+0.041%	$339K	$162K	20x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.330	+0.034%	$17K	$1.6M	10x	as long as short
Nado HYPE-PERPlong	+0.0100%	1h	93.299	long leg	$5.8M	$43.3M	10x
Hyperliquid HYPE	+0.0100%	1h	93.452	+0.165%	$2.04B	$653.4M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	93.343	+0.048%	$10.0M	$14.6M	20x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.580	+0.302%	$204K	$10K	10x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.308	+0.010%	$45.9M	$18.1M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	93.369	+0.076%	$225.8M	$96.7M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.246	−0.056%	$7.4M	$10.3M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.317	+0.020%	$31.1M	$53.9M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.307	+0.009%	$7.5M	$45.6M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.310	+0.012%	$339K	$999K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.326	+0.029%	$666K	$2.6M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.395	+0.104%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.390	+0.098%	$472K	$2.5M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	94.251	+1.021%	$80K	$170K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	93.270	−0.031%	$16.2M	$7.5M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.331	+0.035%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.279	−0.021%	$2.0M	$1.9M	10x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.313	+0.015%	$18.4M	$43.6M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	93.268	−0.033%	$397K	$162K	20x	as long as short
edgeX HYPEUSDC	+0.0108%	4h	93.349	+0.054%	$5.1M	$29.6M	30x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0176%	1h	93.360	+0.066%	$4.8M	$5.6M	50x	as long as short
HTX HYPE-USDT	+0.0195%	4h	93.490	+0.205%	$1.4M	$6.0M	75x	as long as short
Reya HYPERUSDPERP	+0.0258%	1h	93.346	+0.051%	$79K	$140K	15x	as long as short
Kalshi KXHYPEPERP	+0.0277%	8h	93.353	+0.058%	$1.9M	$5.1M	2.3x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0286%	1h	93.371	+0.078%	$7.4M	$4.4M	50x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0331% / S −0.0156%	1h	93.303	+0.005%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0337%	4h	93.271	−0.029%	$16.9M	$11.6M	75x	as long as short
RISEx HYPE/USDC	+0.0510%	1h	93.423	+0.134%	$3.2M	$6.4M	20x	as long as short
Injective HYPE/USDC PERP	+0.0519%	1h	93.220	−0.084%	$30K	$339K	12x	as long as short
Kraken Futures PF_HYPEUSD	+0.0685%	1h	93.351	+0.056%	$20.7M	$30.1M	50x	as long as short