Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h +0.003%
Price spread now: Paradex against SunX+0.035%7-day average −0.041% · 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−$79as in the Price arb table
costs, in and out, $10k−$860.865% of the position
Funding, last 4 days (all we have)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.035%, 7d avg −0.041%
=Together, before fees+0.062%+ Points / potential airdropParadex: Active · farm board+$6 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: Paradex is 0.076% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX HYPE-USDT | 92.863 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $32K | $1.6M | 20x |
| Short | Paradex HYPE-USD-PERP | 92.896 | 0.0096 | get 0.0096% / 8h | 3h 59m | $339K | $163K | 20x |
SunX HYPE-USDT
Paradex HYPE-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against SunX. 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
- −$0.91
- Price spread: +0.035% → −0.041%
- $7.61
- Slippage, 4 orders
- −$74.5
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$79.8
- Costs to cover
- 0.865%
- Break-even
- never at this rate
Slippage from SunX: live order book, 6 min ago; Paradex: live order book, 60 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 SunX live order book, 6 min ago | 18.91 bp | 23.6 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex live order book, 60 min ago | 12.88 bp | 14.9 bp −$15 | 18.7 bp −$187 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.862 | −0.001% | $1.1M | $3.9M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0440% | 1h | 92.759 | −0.112% | $193K | $227K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0286% | 1h | 92.840 | −0.025% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.891 | +0.030% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0064% | 4h | 92.860 | −0.003% | $157K | $653K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.865 | +0.002% | $127K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.889 | +0.028% | $22K | $302K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.903 | +0.043% | $62K | — | 150x | as long as short |
| Bullet HYPE-USD | +0.0007% | 1h | 92.856 | −0.007% | $111K | $579K | 20x | as long as short |
| Phemex HYPEUSDT | +0.0029% | 8h | 92.858 | −0.005% | $12.5M | $2.7M | 50x | as long as short |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bullet HYPE-USD
Phemex HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX HYPE-USDT | +0.0036% | 4h | 92.889 | +0.028% | — | $53.6M | — | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.952 | +0.096% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0044% | 8h | 92.860 | −0.003% | $316.6M | $281.3M | 75x | as long as short |
| Aster HYPEUSDT | +0.0070% | 4h | 92.895 | +0.034% | $8.7M | $36.1M | 300x | as long as short |
| Bitget HYPEUSDT | +0.0086% | 4h | 92.875 | +0.013% | $224.8M | $98.7M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0093% | 4h | 92.871 | +0.009% | $4.9M | $29.6M | 30x | as long as short |
| Paradex HYPE-USD-PERPshort | +0.0096% | 8h | 92.896 | +0.035% | $339K | $163K | 20x | |
| Lighter HYPE | +0.0096% | 1h | 92.912 | +0.053% | $16.1M | $62.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.914 | +0.055% | $3.1M | $11.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.882 | +0.020% | $69K | $1.1M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0099% | 8h | 92.880 | +0.018% | $113.9M | $303.8M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.880 | +0.018% | $38K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.892 | +0.032% | $7.5M | $45.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.920 | +0.061% | $2.02B | $663.8M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.935 | +0.078% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.896 | +0.036% | $373.3M | $902.2M | 75x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0100% | 1h | 92.850 | −0.014% | $698K | $1.1M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | −0.068% | $202K | $13K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 92.890 | +0.029% | $44.4M | $53.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.886 | +0.025% | $88.2M | $79.7M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.888 | +0.027% | $46.1M | $18.4M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.880 | +0.018% | $7.3M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.859 | −0.005% | $28.5M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.903 | +0.043% | $7.5M | $46.3M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.856 | −0.008% | $350K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.890 | +0.029% | $667K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.941 | +0.084% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.926 | +0.068% | $469K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.881 | +0.019% | $79K | $168K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.843 | −0.021% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDTlong | +0.0100% | 4h | 92.863 | long leg | $32K | $1.6M | 20x | |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.883 | +0.022% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.019 | +0.168% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.883 | +0.021% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.871 | +0.009% | $393K | $164K | 20x | as long as short |
| 01 Exchange HYPEUSD | +0.0136% | 1h | 92.909 | +0.050% | $87K | $362K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 92.960 | +0.104% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.960 | +0.104% | $4.7M | $5.5M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0225% | 8h | 92.896 | +0.036% | $1.8M | $5.4M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0263% | 1h | 92.865 | +0.002% | $79K | $131K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0277% | 1h | 92.967 | +0.112% | $7.5M | $4.5M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.864 | +0.002% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0331% | 1h | 92.936 | +0.078% | $20.6M | $30.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.879 | +0.017% | $16.8M | $11.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.950 | +0.094% | $3.2M | $6.4M | 20x | as long as short |
BingX HYPE-USDT
Phoenix HYPE
Bybit HYPEUSDT
Aster HYPEUSDT
Bitget HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
OKX HYPE-USDT-SWAP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
Ondo Perps HYPE-USD.P
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
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
Derive HYPE-PERP
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
01 Exchange HYPEUSD
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
RISEx HYPE/USDC