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 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: Pacifica against Nado+0.076%7-day average −0.004% · 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−$10as in the Price arb table
costs, in and out, $10k−$180.176% of the position
Long on NadoShort on Pacifica
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.017%+$2 on $10k
Price spread, last 7 days−0.107%−$11 · spread now +0.076%, 7d avg −0.004%
Together, before fees−0.090%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$9 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: Pacifica is 0.080% dearer against Nado than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado HYPE-PERP93.5130.0100pay 0.0012% / 1h42m 50s$7.4M$51.0M10x
ShortPacifica HYPE93.5830.0100get 0.0013% / 1h42m 50s$10.1M$15.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.076% → −0.004%
$8.01
Slippage, 4 orders
−$2.62
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$9.6
Costs to cover
0.176%
Break-even
986703376659116.8 days
Slippage from Nado: live order book, 6 min ago; Pacifica: live order book, 6 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, 6 min ago0.05 bp3.9 bp −$45.7 bp −$5729.5 bp −$2,945doesn't fit
Sell Pacifica live order book, 6 min ago0.05 bp4.1 bp −$4doesn't fitdoesn't fitdoesn'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−0.1080%1h93.575+0.067%$198K$241K7xas long as short
Aftermath Perps HYPEUSD−0.0222%1h93.705+0.206%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0138%1h93.500−0.013%$705K$1.2M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.561+0.052%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0064%1h93.599+0.093%$87K$369K20xas long as short
Bullet HYPE-USD−0.0064%1h93.577+0.069%$111K$580K20xas long as short
Bluefin HYPE-PERP−0.0030%1h93.542+0.032%$79K$155K20xas long as short
Orderly PERP_HYPE_USDC−0.0022%4h93.534+0.023%$145K$685K20xas long as short
dYdX HYPE-USD0.0000%1h93.515+0.002%$128K$28K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.632+0.128%$1.8M$5.6M2.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.612+0.107%$20K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.610+0.104%$83K—150xas long as short
BingX HYPE-USDT+0.0004%4h93.500−0.013%—$53.7M—as long as short
Bybit HYPEUSDT+0.0005%8h93.469−0.047%$315.6M$288.6M75xas long as short
Phoenix HYPE+0.0017%1h93.654+0.151%$209K$1.1M10xas long as short
Derive HYPE-PERP+0.0023%1h93.501−0.012%$16.3M$7.4M10xas long as short
Bitget HYPEUSDT+0.0040%4h93.493−0.021%$225.3M$99.7M75xas long as short
Paradex HYPE-USD-PERP+0.0077%8h93.545+0.034%$334K$161K20xas long as short
Phemex HYPEUSDT+0.0082%8h93.540+0.029%$12.8M$2.8M50xas long as short
edgeX HYPEUSDC+0.0082%4h93.576+0.068%$5.0M$30.6M30xas long as short
Arcus HYPE-USD+0.0084%1h93.560+0.051%$1.0M$4.0M10xas long as short
Popdex HYPEUSDT+0.0088%1h93.574+0.066%$78K$1.2M50xas long as short
Lighter HYPE+0.0096%1h93.532+0.021%$16.2M$63.8M20xas long as short
Lighter RH HYPE+0.0096%1h93.524+0.012%$3.1M$11.1M20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.570+0.061%$22K$1.7M10xas long as short
Nado HYPE-PERPlong+0.0100%1h93.513long leg$7.4M$51.0M10x
Hyperliquid HYPE+0.0100%1h93.601+0.095%$2.05B$683.1M10xas long as short
Aster HYPEUSDT+0.0100%4h93.520+0.008%$8.8M$37.3M300xas long as short
Pacifica HYPEshort+0.0100%1h93.583+0.076%$10.1M$15.4M20x
Binance HYPEUSDT+0.0100%4h93.524+0.013%$374.8M$931.2M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.495−0.019%$115.4M$315.8M50xas long as short
Gate HYPE_USDT+0.0100%4h93.499−0.014%$48.3M$55.1M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.504−0.009%$89.8M$83.7M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.552+0.042%$46.2M$18.8M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.520+0.008%$7.2M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.579+0.071%$28.6M$56.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.664+0.162%$7.5M$48.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.589+0.082%$347K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.638+0.134%$678K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h93.633+0.129%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.590+0.083%$470K$2.8M20xas long as short
SunX HYPE-USDT+0.0100%4h93.612+0.106%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.517+0.005%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.650+0.147%$1.4M$6.7M75xas long as short
Bulk HYPE-USD+0.0100%1h93.731+0.234%$216K$15K10xas long as short
Extended HYPE-USD+0.0104%1h93.482−0.032%$18.2M$43.4M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.524+0.012%$395K$159K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0120%1h93.600+0.094%$4.7M$6.1M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.450−0.067%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0271%1h93.557+0.048%$77K$130K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0284%1h93.619+0.114%$7.4M$4.2M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.612+0.106%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.516+0.004%$16.9M$12.2M75xas long as short
Kraken Futures PF_HYPEUSD+0.0415%1h93.603+0.097%$20.9M$29.6M50xas long as short
RISEx HYPE/USDC+0.0559%1h93.623+0.118%$3.2M$6.4M20xas long as short