Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Nado against BingX−0.009%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$180.183% of the position
Funding, last 3 days (all we have)+0.042%+$4 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.009%, 7d avg +0.012%
=Together, before fees+0.059%+ Points / potential airdropNado: 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: Nado is 0.020% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HYPE-USDT | 92.743 | 0.0100 | pay 0.0050% / 4h | 3h 24m | — | $54.0M | — |
| Short | Nado HYPE-PERP | 92.735 | 0.0100 | get 0.0012% / 1h | 24m 17s | $7.4M | $46.1M | 10x |
BingX HYPE-USDT
Nado HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against BingX. 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
- Price spread: −0.009% → +0.012%
- −$2.05
- Slippage, 4 orders
- −$1.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$20.4
- Costs to cover
- 0.183%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Nado: live order book, 5 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 BingX live order book, 15 min ago | 0.11 bp | 5.6 bp −$6 | 6.4 bp −$64 | 10.0 bp −$1,001 | 14.8 bp −$7,390 |
| Sell Nado live order book, 5 min ago | 0.05 bp | 3.6 bp −$4 | 5.7 bp −$57 | 24.2 bp −$2,423 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1656% | 1h | 92.636 | −0.115% | $193K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0313% | 1h | 92.829 | +0.093% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 92.715 | −0.030% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.789 | +0.050% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0061% | 4h | 92.729 | −0.015% | $145K | $681K | 20x | as long as short |
| Bullet HYPE-USD | −0.0001% | 1h | 92.745 | +0.002% | $112K | $577K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.827 | +0.091% | $127K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.772 | +0.031% | $22K | $293K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.770 | +0.029% | $62K | — | 150x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0008% | 1h | 92.740 | −0.003% | $698K | $1.1M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Ondo Perps HYPE-USD.PShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix HYPE | +0.0026% | 1h | 92.921 | +0.192% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0032% | 8h | 92.740 | −0.003% | $315.3M | $282.8M | 75x | as long as short |
| 01 Exchange HYPEUSD | +0.0032% | 1h | 92.752 | +0.010% | $86K | $364K | 20x | as long as short |
| Popdex HYPEUSDT | +0.0048% | 1h | 92.745 | +0.002% | $70K | $1.1M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0048% | 4h | 92.741 | −0.002% | $224.6M | $99.1M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0050% | 8h | 92.804 | +0.066% | $12.5M | $2.7M | 50x | as long as short |
| Gate HYPE_USDT | +0.0064% | 4h | 92.737 | −0.006% | $45.1M | $54.3M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0092% | 4h | 92.837 | +0.101% | $4.9M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.763 | +0.022% | $16.0M | $62.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.755 | +0.013% | $3.1M | $11.6M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 92.772 | +0.031% | $339K | $163K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.740 | −0.003% | $34K | $1.7M | 10x | as long as short |
| Nado HYPE-PERPshort | +0.0100% | 1h | 92.735 | −0.009% | $7.4M | $46.1M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 92.794 | +0.055% | $2.02B | $665.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 92.750 | +0.008% | $8.7M | $36.1M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.778 | +0.038% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.735 | −0.009% | $372.9M | $905.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.736 | −0.008% | $113.7M | $303.3M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.744 | +0.001% | $91.4M | $81.1M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.749 | +0.006% | $46.1M | $18.4M | 75x | as long as short |
| BingX HYPE-USDTlong | +0.0100% | 4h | 92.743 | long leg | — | $54.0M | — | |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.814 | +0.077% | $7.2M | $11.2M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.768 | +0.027% | $28.5M | $57.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.886 | +0.154% | $7.5M | $46.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.846 | +0.111% | $341K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.813 | +0.075% | $667K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.801 | +0.063% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.780 | +0.040% | $482K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.737 | −0.006% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.734 | −0.010% | $16.0M | $7.6M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.786 | +0.046% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.728 | −0.016% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.941 | +0.213% | $1.4M | $6.3M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.770 | +0.029% | $202K | $13K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.710 | −0.036% | $18.0M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.724 | −0.021% | $392K | $164K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 92.780 | +0.040% | $4.7M | $5.6M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0145% | 8h | 92.870 | +0.137% | $1.8M | $5.4M | 2.3x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 92.802 | +0.064% | $20.6M | $30.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 92.750 | +0.008% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0266% | 1h | 92.737 | −0.007% | $79K | $131K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0310% | 1h | 92.829 | +0.093% | $7.5M | $4.5M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.770 | +0.030% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.759 | +0.017% | $16.7M | $11.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.811 | +0.074% | $3.1M | $6.4M | 20x | as long as short |
Phoenix HYPE
Bybit HYPEUSDT
01 Exchange HYPEUSD
Popdex HYPEUSDT
Bitget HYPEUSDT
Phemex HYPEUSDT
Gate HYPE_USDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
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
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
RISEx HYPE/USDC