Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Nado against Bitget+0.038%7-day average +0.016% · 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−$19as in the Price arb table
costs, in and out, $10k−$220.216% of the position
Funding, last 3 days (all we have)+0.013%+$1 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.038%, 7d avg +0.016%
=Together, before fees−0.006%+ Points / potential airdropNado: Active · farm board−$1 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 0.021% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HYPEUSDT | 93.270 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $226.6M | $102.6M | 75x |
| Short | Nado HYPE-PERP | 93.305 | 0.0100 | get 0.0012% / 1h | 6m 56s | $5.9M | $44.1M | 10x |
Bitget HYPEUSDT
Nado HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bitget. 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: +0.038% → +0.016%
- $2.12
- Slippage, 4 orders
- −$2.56
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$19.44
- Costs to cover
- 0.216%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Nado: live order book, 2 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 Bitget live order book, 2 min ago | 0.05 bp | 6.2 bp −$6 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 0.05 bp | 3.8 bp −$4 | 6.0 bp −$60 | 25.8 bp −$2,579 | 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 | −0.0856% | 1h | 93.329 | +0.064% | $197K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0258% | 1h | 93.394 | +0.133% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0226% | 1h | 93.240 | −0.032% | $700K | $931K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.321 | +0.055% | $90K | $357K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.298 | +0.030% | $3K | $331 | 25x | as long as short |
| Derive HYPE-PERP | −0.0035% | 1h | 93.223 | −0.050% | $16.4M | $7.1M | 10x | as long as short |
| Bullet HYPE-USD | −0.0028% | 1h | 93.274 | +0.005% | $111K | $580K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.383 | +0.121% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.323 | +0.057% | $23K | $334K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.316 | +0.049% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Derive HYPE-PERP
Bullet HYPE-USD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0010% | 4h | 93.262 | −0.009% | $8.9M | $35.8M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0030% | 8h | 93.260 | −0.011% | $324.8M | $287.1M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0032% | 1h | 93.304 | +0.036% | $58K | $1.2M | 50x | as long as short |
| Gate HYPE_USDT | +0.0032% | 4h | 93.268 | −0.002% | $43.9M | $57.8M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0053% | 4h | 93.288 | +0.019% | $165K | $538K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.345 | +0.080% | $215K | $1.2M | 10x | as long as short |
| SoDEX HYPE-USD | +0.0089% | 1h | 93.255 | −0.016% | $2.0M | $2.0M | 10x | as long as short |
| Vest HYPE-PERP | +0.0094% | 1h | 93.335 | +0.070% | — | $454K | 5x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.317 | +0.051% | $18.5M | $59.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.296 | +0.028% | $3.1M | $12.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0099% | 1h | 93.277 | +0.008% | $75K | $168K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.327 | +0.061% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.320 | +0.054% | $37K | $1.6M | 10x | as long as short |
| Nado HYPE-PERPshort | +0.0100% | 1h | 93.305 | +0.038% | $5.9M | $44.1M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 93.352 | +0.088% | $2.03B | $670.6M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.330 | +0.064% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.253 | −0.018% | $384.9M | $889.9M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.250 | −0.021% | $114.5M | $314.5M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.281 | +0.012% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.285 | +0.016% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.254 | −0.017% | $93.0M | $82.4M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.307 | +0.040% | $46.1M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDTlong | +0.0100% | 4h | 93.270 | long leg | $226.6M | $102.6M | 75x | |
| BingX HYPE-USDT | +0.0100% | 4h | 93.261 | −0.010% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.303 | +0.035% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.263 | −0.008% | $29.1M | $50.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.304 | +0.036% | $7.5M | $45.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.276 | +0.006% | $405K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.340 | +0.075% | $675K | $2.5M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.338 | +0.073% | $493K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.300 | +0.032% | $32K | $1.6M | 20x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.303 | +0.035% | $12.7M | $2.6M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0101% | 8h | 93.392 | +0.131% | $1.9M | $5.2M | 2.3x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.243 | −0.029% | $18.3M | $41.4M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.275 | +0.006% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0113% | 4h | 93.268 | −0.002% | $5.1M | $29.4M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.390 | +0.129% | $4.9M | $5.7M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0221% | 1h | 93.371 | +0.108% | $7.4M | $4.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.304 | +0.036% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.910 | +0.686% | $31K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0292% | 4h | 93.477 | +0.222% | $1.5M | $7.7M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.331 | +0.065% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.275 | +0.005% | $17.1M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.367 | +0.104% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0574% | 1h | 93.395 | +0.134% | $19.1M | $26.2M | 50x | as long as short |
Aster HYPEUSDT
Bybit HYPEUSDT
Popdex HYPEUSDT
Gate HYPE_USDT
Orderly PERP_HYPE_USDC
Phoenix HYPE
SoDEX HYPE-USD
Vest HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Bluefin HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
Phemex HYPEUSDT
Kalshi KXHYPEPERP
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Deribit HYPE_USDC-PERPETUAL
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD