Funding you earn now, next payment 23:29 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.003%
Price spread now: Nado against Perpl−0.017%7-day average −0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.061%+$6 on $10k
+Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.017%, 7d avg −0.009%
=Together, before fees+0.054%+ Points / potential airdropPerpl: Active · Nado: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl HYPE | 93.854 | 0 | get 0.0000% / 43m | 1m 13s | $23K | $329K | 10x |
| Short | Nado HYPE-PERP | 93.838 | 0.0100 | get 0.0012% / 1h | 5m 13s | $5.7M | $44.4M | 10x |
Perpl HYPE
Nado HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Perpl. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.017% → −0.009%
- −$0.81
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$0.61
- Costs to cover
- 0.208%
- Break-even
- 7.2 days
Slippage unknown: Perpl: no order-book sample; Nado: live order book, 4 min ago. 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 4 min ago | 0.05 bp | 4.2 bp −$4 | 6.4 bp −$64 | 29.1 bp −$2,910 | doesn't fit |
Perpl: 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 | −0.1360% | 1h | 93.771 | −0.089% | $198K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0367% | 1h | 93.895 | +0.043% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.732 | −0.130% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0126% | 1h | 93.760 | −0.100% | $704K | $919K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.817 | −0.040% | $86K | $368K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.842 | −0.013% | $3K | $331 | 25x | as long as short |
| Derive HYPE-PERP | −0.0010% | 1h | 93.784 | −0.075% | $16.4M | $7.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0004% | 4h | 93.844 | −0.011% | $170K | $593K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.866 | +0.012% | $128K | $30K | 5x | as long as short |
| Perpl HYPElong | 0.0000% | 43m | 93.854 | long leg | $23K | $329K | 10x |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Derive HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.864 | +0.011% | $27K | — | 150x | as long as short |
| Phoenix HYPE | +0.0009% | 1h | 93.978 | +0.132% | $217K | $1.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0014% | 4h | 93.832 | −0.023% | $8.9M | $36.1M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0019% | 8h | 93.830 | −0.026% | $322.8M | $283.8M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0038% | 8h | 93.826 | −0.030% | $12.8M | $2.6M | 50x | as long as short |
| Binance HYPEUSDT | +0.0047% | 4h | 93.838 | −0.017% | $383.6M | $898.2M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0048% | 4h | 93.830 | −0.026% | $88.2M | $82.3M | 100x | as long as short |
| Popdex HYPEUSDT | +0.0056% | 1h | 93.830 | −0.026% | $60K | $1.2M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0064% | 4h | 93.859 | +0.006% | $5.1M | $29.7M | 30x | as long as short |
| Gate HYPE_USDT | +0.0066% | 4h | 93.832 | −0.024% | $44.1M | $60.0M | 75x | as long as short |
| Bullet HYPE-USD | +0.0087% | 1h | 93.827 | −0.029% | $112K | $578K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0088% | 8h | 93.837 | −0.018% | $115.7M | $322.4M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.916 | +0.066% | $18.9M | $60.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.858 | +0.004% | $3.0M | $12.3M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.865 | +0.011% | $399K | $318K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.820 | −0.036% | $36K | $1.6M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.874 | +0.021% | $341K | $171K | 20x | as long as short |
| Nado HYPE-PERPshort | +0.0100% | 1h | 93.838 | −0.017% | $5.7M | $44.4M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 93.931 | +0.082% | $2.04B | $679.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.850 | −0.004% | $10.1M | $14.5M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.889 | +0.037% | $205K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.837 | −0.018% | $46.5M | $18.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.855 | +0.001% | $227.3M | $102.1M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.837 | −0.018% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.869 | +0.016% | $7.9M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.812 | −0.044% | $31.3M | $54.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.967 | +0.120% | $7.6M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.849 | −0.005% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.908 | +0.057% | $679K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.866 | +0.013% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.853 | −0.001% | $470K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.864 | +0.011% | $76K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.862 | +0.008% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.861 | +0.007% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.592% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.834 | −0.021% | $18.3M | $42.8M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.940 | +0.092% | $4.9M | $5.7M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0156% | 8h | 93.911 | +0.061% | $1.9M | $5.0M | 2.3x | as long as short |
| BloFin HYPE-USDT | +0.0187% | 4h | 93.859 | +0.005% | $17.0M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0192% | 4h | 94.012 | +0.168% | $1.5M | $7.8M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0250% | 1h | 93.822 | −0.035% | $77K | $142K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0261% | 1h | 93.954 | +0.106% | $7.5M | $4.6M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.879 | +0.027% | $2.8M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0163% | 1h | 93.856 | +0.002% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0577% | 1h | 93.980 | +0.134% | $21.0M | $29.5M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Aster HYPEUSDT
Bybit HYPEUSDT
Phemex HYPEUSDT
Binance HYPEUSDT
MEXC HYPE_USDT
Popdex HYPEUSDT
edgeX HYPEUSDC
Gate HYPE_USDT
Bullet HYPE-USD
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Katana Perps HYPE-USD
Paradex HYPE-USD-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
BloFin HYPE-USDT
HTX HYPE-USDT
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD