Funding you earn now, next payment 04:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h −0.009%
Price spread now: OKX against Nado+0.009%7-day average −0.017% · 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−$17as in the Price arb table
costs, in and out, $10k−$200.196% of the position
Funding, last 3 days (all we have)−0.011%−$1 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now +0.009%, 7d avg −0.017%
=Together, before fees−0.019%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.026% dearer against Nado than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.017%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.5 days. At the pace of the last 3 days (−0.011% in total) that is about 8.1 days.
| 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 | 45m 51s | $5.7M | $43.2M | 10x |
| Short | OKX HYPE-USDT-SWAP | 92.160 | 0.0076 | get 0.0076% / 8h | 4h 45m | $112.6M | $300.7M | 50x |
Nado HYPE-PERP
OKX HYPE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$5.11
- Price spread: +0.009% → −0.017%
- $2.58
- Slippage, 4 orders
- −$2.64
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$22.18
- Costs to cover
- 0.196%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; OKX: 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 OKX live order book, 3 min ago | 0.05 bp | 6.3 bp −$6 | 8.1 bp −$81 | 16.9 bp −$1,688 | 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 |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
01 Exchange HYPEUSD
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
Ondo Perps HYPE-USD.P
Aster HYPEUSDT
dYdX HYPE-USDShow 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 | 92.179 | +0.030% | — | $53.2M | — | as long as short |
| Bybit HYPEUSDT | +0.0040% | 8h | 92.165 | +0.015% | $315.4M | $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 | 92.195 | +0.047% | $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 | +0.0075% | 4h | 92.188 | +0.039% | $369.6M | $898.1M | 75x | as long as short |
| OKX HYPE-USDT-SWAPshort | +0.0076% | 8h | 92.160 | +0.009% | $112.6M | $300.7M | 50x | |
| 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 HYPEUSDT | +0.0093% | 1h | 92.333 | +0.197% | $337K | $1.0M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.191 | +0.043% | $16.0M | $62.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.185 | +0.036% | $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 | 92.209 | +0.062% | $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 | 92.151 | −0.001% | $223.5M | $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 |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Bybit HYPEUSDT
Derive HYPE-PERP
Phoenix HYPE
Gate HYPE_USDT
Phemex HYPEUSDT
Binance HYPEUSDT
MEXC HYPE_USDT
Popdex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
ApeX Omni HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Bluefin HYPE-PERP
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC