Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: GRVT against Nado+0.089%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−$9as in the Price arb table
costs, in and out, $10k−$180.176% of the position
Funding, last 3 days (all we have)+0.019%+$2 on $10k
+Price spread, last 7 days−0.120%−$12 · spread now +0.089%, 7d avg +0.007%
=Together, before fees−0.100%+ Points / potential airdropNado: Active · GRVT: Active · farm board−$10 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: GRVT is 0.082% dearer against Nado than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado HYPE-PERP | 93.210 | 0.0100 | pay 0.0012% / 1h | 23m 14s | $8.0M | $48.3M | 10x |
| Short | GRVT HYPE_USDT_Perp | 93.294 | 0.0100 | get 0.0050% / 4h | 2h 23m | $7.5M | $47.1M | 10x |
Nado HYPE-PERP
GRVT HYPE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.089% → +0.007%
- $8.21
- Slippage, 4 orders
- −$1.63
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$9.41
- Costs to cover
- 0.176%
- Break-even
- 967098224257895.3 days
Slippage from Nado: live order book, 1 min ago; GRVT: live order book, 6 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 | 4.2 bp −$4 | 7.3 bp −$73 | 28.6 bp −$2,862 | doesn't fit |
| Sell GRVT live order book, 6 min ago | 0.05 bp | 5.0 bp −$5 | 6.4 bp −$64 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1424% | 1h | 93.245 | +0.037% | $197K | $237K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0377% | 1h | 93.214 | +0.004% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.266 | +0.060% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0061% | 1h | 93.199 | −0.012% | $111K | $581K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0021% | 4h | 93.238 | +0.030% | $145K | $672K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0008% | 1h | 93.211 | +0.001% | $87K | $365K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.304 | +0.100% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.246 | +0.038% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.239 | +0.030% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.171 | −0.042% | $1.0M | $3.9M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0014% | 4h | 93.247 | +0.039% | $225.0M | $98.9M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0019% | 8h | 93.230 | +0.021% | $316.6M | $282.2M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.255 | +0.048% | $207K | $1.2M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0032% | 1h | 93.240 | +0.032% | $702K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0060% | 8h | 93.318 | +0.115% | $12.7M | $2.8M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0085% | 4h | 93.101 | −0.117% | $4.9M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 93.290 | +0.086% | $339K | $157K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.288 | +0.083% | $16.1M | $63.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.288 | +0.083% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.191 | −0.021% | $75K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.190 | −0.022% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERPlong | +0.0100% | 1h | 93.210 | long leg | $8.0M | $48.3M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 93.243 | +0.035% | $2.03B | $665.5M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.227 | +0.018% | $8.7M | $36.3M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.258 | +0.051% | $10.0M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.226 | +0.017% | $373.8M | $911.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.257 | +0.050% | $114.4M | $309.1M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.230 | +0.021% | $215K | $15K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.208 | −0.003% | $46.9M | $54.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.200 | −0.011% | $90.4M | $81.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.193 | −0.019% | $46.1M | $18.8M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.216 | +0.006% | — | $53.8M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.341 | +0.140% | $7.1M | $10.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.070 | −0.151% | $28.4M | $56.3M | — | as long as short |
| GRVT HYPE_USDT_Perpshort | +0.0100% | 4h | 93.294 | +0.089% | $7.5M | $47.1M | 10x | |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.095 | −0.124% | $341K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.345 | +0.144% | $668K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.283 | +0.077% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.208 | −0.003% | $483K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.275 | +0.069% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.258 | +0.051% | $16.1M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.224 | +0.014% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.278 | +0.072% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.450 | +0.257% | $1.4M | $6.5M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.247 | +0.039% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.249 | +0.042% | $394K | $158K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0108% | 8h | 93.314 | +0.111% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.140 | −0.076% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.250 | +0.042% | $4.6M | $5.8M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.183 | −0.030% | $80K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.221 | +0.011% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.312 | +0.109% | $16.8M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0341% | 1h | 93.327 | +0.125% | $20.8M | $29.5M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0436% | 1h | 93.348 | +0.148% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.269 | +0.063% | $3.2M | $6.2M | 20x | as long as short |
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Ondo Perps HYPE-USD.P
Phemex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC