Funding you earn now, next payment 23:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.037%
Price spread now: Nado against Hotstuff+0.043%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHotstuff: Active · Nado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Nado is 0.043% dearer against Hotstuff than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff HYPE-PERP | 93.214 | −0.0080 | get 0.0010% / 1h | 59m 13s | $3K | $331 | 25x |
| Short | Nado HYPE-PERP | 93.254 | 0.0100 | get 0.0012% / 1h | 59m 13s | $5.9M | $44.1M | 10x |
Hotstuff HYPE-PERP
Nado HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Hotstuff. 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
- $37.8
- Price spread: +0.043% → 0.000%
- $4.34
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $30.14
- Costs to cover
- 0.120%
- Break-even
- 1.4 days
Slippage unknown: Hotstuff: no order-book sample; Nado: live order book, 5 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 5 min ago | 0.05 bp | 3.6 bp −$4 | 5.7 bp −$57 | 27.2 bp −$2,718 | doesn't fit |
Hotstuff: 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 | −0.0768% | 1h | 93.294 | +0.086% | $197K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0276% | 1h | 93.283 | +0.074% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.201 | −0.014% | $1.2M | $4.1M | 10x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 93.214 | long leg | $3K | $331 | 25x | |
| Ondo Perps HYPE-USD.P | −0.0076% | 1h | 93.150 | −0.069% | $701K | $932K | 10x | as long as short |
| Derive HYPE-PERP | −0.0037% | 1h | 93.209 | −0.005% | $16.4M | $7.1M | 10x | as long as short |
| Bullet HYPE-USD | −0.0033% | 1h | 93.243 | +0.031% | $111K | $580K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.280 | +0.071% | $127K | $32K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 93.291 | +0.083% | $90K | $360K | 20x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.335 | +0.130% | $1.9M | $5.3M | 2.3x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Derive HYPE-PERP
Bullet HYPE-USD
dYdX HYPE-USD
01 Exchange HYPEUSD
Kalshi KXHYPEPERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.251 | +0.039% | $23K | $334K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.299 | +0.091% | $20K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0008% | 4h | 93.255 | +0.044% | $8.9M | $35.8M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0028% | 8h | 93.247 | +0.035% | $324.8M | $287.2M | 75x | as long as short |
| Gate HYPE_USDT | +0.0036% | 4h | 93.273 | +0.063% | $44.0M | $56.3M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0049% | 4h | 93.281 | +0.072% | $167K | $512K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.358 | +0.154% | $216K | $1.2M | 10x | as long as short |
| Vest HYPE-PERP | +0.0078% | 1h | 93.279 | +0.069% | — | $454K | 5x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.308 | +0.101% | $18.6M | $58.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.287 | +0.078% | $3.1M | $12.0M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.263 | +0.053% | $57K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.237 | +0.024% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.260 | +0.049% | $36K | $1.6M | 10x | as long as short |
| Nado HYPE-PERPshort | +0.0100% | 1h | 93.254 | +0.043% | $5.9M | $44.1M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 93.304 | +0.097% | $2.03B | $671.9M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.246 | +0.034% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.269 | +0.059% | $384.8M | $889.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.251 | +0.040% | $114.7M | $314.7M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.271 | +0.062% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.275 | +0.065% | $92.7M | $80.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.263 | +0.053% | $46.2M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.285 | +0.076% | $226.5M | $102.6M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.257 | +0.046% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.265 | +0.055% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.252 | +0.040% | $29.1M | $50.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.313 | +0.106% | $7.5M | $44.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.276 | +0.067% | $405K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.324 | +0.118% | $675K | $2.5M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.297 | +0.089% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.278 | +0.069% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.299 | +0.091% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.265 | +0.055% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.263 | +0.053% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.262 | +0.052% | $18.4M | $41.8M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.291 | +0.083% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0111% | 4h | 93.275 | +0.065% | $5.1M | $29.5M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.360 | +0.157% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.160 | −0.058% | $30K | $291K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.268 | +0.058% | $78K | $158K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.301 | +0.094% | $2.8M | $6.8M | 20x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0296% | 1h | 93.375 | +0.173% | $7.4M | $4.6M | 50x | as long as short |
| HTX HYPE-USDT | +0.0301% | 4h | 93.485 | +0.291% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.291 | +0.082% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.267 | +0.057% | $17.0M | $12.4M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0465% | 1h | 93.432 | +0.234% | $19.8M | $27.0M | 50x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Bybit HYPEUSDT
Gate HYPE_USDT
Orderly PERP_HYPE_USDC
Phoenix HYPE
Vest HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
RISEx HYPE/USDC
Deribit HYPE_USDC-PERPETUAL
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD