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 22:00 UTC−0.0172%/8h= −18.8% APRnext payment −$0.21 per $10,000 · paid last 24h −0.007%
Price spread now: 01 Exchange against Nado+0.037%7-day average +0.036% · 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−$27as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Long on NadoShort on 01 Exchange
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.240%+$24 · spread now +0.037%, 7d avg +0.036%
Together, before fees+0.227%+ Points / potential airdropNado: Active · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado HYPE-PERP93.5130.0100pay 0.0012% / 1h29m 13s$6.0M$44.1M10x
Short01 Exchange HYPEUSD93.547−0.0072pay 0.0009% / 1h29m 13s$89K$347K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$36.12
Price spread: +0.037% → +0.036%
$0.12
Slippage, 4 orders
−$12.77
Fee Nado: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$62.77
Costs to cover
0.268%
Break-even
never at this rate
Slippage from Nado: live order book, 5 min ago; 01 Exchange: live order book, 60 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, 5 min ago0.05 bp3.7 bp −$46.6 bp −$6625.7 bp −$2,570doesn't fit
Sell 01 Exchange live order book, 60 min ago0.21 bp10.5 bp −$1127.2 bp −$272doesn'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−0.1064%1h93.496−0.018%$197K$233K7xas long as short
Aftermath Perps HYPEUSD−0.0276%1h93.537+0.027%$22K$22K10xas long as short
Ondo Perps HYPE-USD.P−0.0248%1h93.440−0.078%$701K$939K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.562+0.053%$3K$33125xas long as short
01 Exchange HYPEUSDshort−0.0072%1h93.547+0.037%$89K$347K20x
Bullet HYPE-USD−0.0033%1h93.508−0.004%$112K$583K20xas long as short
Derive HYPE-PERP−0.0007%1h93.475−0.041%$16.4M$7.1M10xas long as short
dYdX HYPE-USD0.0000%1h93.563+0.054%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.480−0.035%$23K$337K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.552+0.042%$20K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0018%4h93.516+0.004%$8.9M$35.8M300xas long as short
Gate HYPE_USDT+0.0024%4h93.513+0.001%$44.1M$56.6M75xas long as short
Bybit HYPEUSDT+0.0037%8h93.510−0.003%$325.7M$287.1M75xas long as short
Orderly PERP_HYPE_USDC+0.0068%4h93.516+0.004%$175K$535K20xas long as short
Phoenix HYPE+0.0068%1h93.549+0.039%$216K$1.2M10xas long as short
Popdex HYPEUSDT+0.0072%1h93.513+0.001%$57K$1.2M50xas long as short
Lighter HYPE+0.0096%1h93.569+0.061%$18.5M$59.5M20xas long as short
Lighter RH HYPE+0.0096%1h93.549+0.039%$3.1M$12.3M20xas long as short
Paradex HYPE-USD-PERP+0.0100%8h93.504−0.009%$340K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.550+0.040%$40K$1.6M10xas long as short
Nado HYPE-PERPlong+0.0100%1h93.513long leg$6.0M$44.1M10x
Hyperliquid HYPE+0.0100%1h93.607+0.101%$2.04B$669.5M10xas long as short
Pacifica HYPE+0.0100%1h93.513+0.001%$10.0M$14.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.515+0.003%$385.8M$887.4M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.500−0.013%$114.8M$315.1M50xas long as short
Arcus HYPE-USD+0.0100%1h93.485−0.029%$1.2M$4.0M10xas long as short
MEXC HYPE_USDT+0.0100%4h93.510−0.003%$93.5M$82.2M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.530+0.019%$46.4M$18.7M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.541+0.030%$227.2M$102.2M75xas long as short
BingX HYPE-USDT+0.0100%4h93.508−0.005%—$54.2M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.551+0.041%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.541+0.030%$28.9M$49.9M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.580+0.072%$7.5M$45.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.558+0.049%$406K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.602+0.096%$677K$2.4M20xas long as short
Vest HYPE-PERP+0.0100%1h93.555+0.046%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.545+0.035%$494K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.530+0.019%$76K$167K20xas long as short
SunX HYPE-USDT+0.0100%4h93.558+0.049%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.513+0.001%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.546+0.036%$12.7M$2.6M50xas long as short
Bulk HYPE-USD+0.0100%1h93.556+0.047%$204K$12K10xas long as short
Extended HYPE-USD+0.0104%1h93.502−0.012%$18.4M$41.1M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.520+0.008%$398K$318K20xas long as short
edgeX HYPEUSDC+0.0116%4h93.544+0.033%$5.1M$29.6M30xas long as short
Kalshi KXHYPEPERP+0.0126%8h93.567+0.058%$1.9M$5.3M2.3xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0188%1h93.619+0.114%$7.4M$4.6M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.560+0.051%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0245%1h93.512−0.001%$78K$158K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.510−0.003%$30K$291K12xas long as short
HTX HYPE-USDT+0.0326%4h93.681+0.180%$1.5M$7.6M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0164%1h93.554+0.045%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.513+0.001%$17.0M$12.5M75xas long as short
RISEx HYPE/USDC+0.0467%1h93.581+0.073%$2.7M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0573%1h93.631+0.126%$19.2M$26.0M50xas long as short