Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: BingX against Nado+0.051%7-day average −0.013% · 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−$13as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Funding, last 3 days (all we have)−0.041%−$4 on $10k
+Price spread, last 7 days−0.084%−$8 · spread now +0.051%, 7d avg −0.013%
=Together, before fees−0.125%+ Points / potential airdropNado: Active · farm board−$12 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: BingX is 0.064% dearer against Nado than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado HYPE-PERP | 93.193 | 0.0100 | pay 0.0012% / 1h | 7m 10s | $5.9M | $44.1M | 10x |
| Short | BingX HYPE-USDT | 93.241 | 0.0100 | get 0.0050% / 4h | 1h 07m | — | $53.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Nado. 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: +0.051% → −0.013%
- $6.43
- Slippage, 4 orders
- −$2.43
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$12.99
- Costs to cover
- 0.194%
- Break-even
- 1334954484766208.0 days
Slippage from Nado: live order book, 2 min ago; BingX: live order book, 12 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 Nado live order book, 2 min ago | 0.05 bp | 3.6 bp −$4 | 5.7 bp −$57 | 25.2 bp −$2,519 | doesn't fit |
| Sell BingX live order book, 12 min ago | 0.11 bp | 5.1 bp −$5 | 5.3 bp −$53 | 11.4 bp −$1,138 | 16.9 bp −$8,461 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0476% | 1h | 93.219 | +0.028% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0408% | 1h | 93.255 | +0.066% | $197K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.134 | −0.064% | $1.2M | $3.9M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0130% | 1h | 93.160 | −0.036% | $699K | $895K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.192 | −0.002% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.269 | +0.081% | $90K | $358K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.227 | +0.036% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.246 | +0.056% | $23K | $330K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.272 | +0.084% | $27K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0003% | 4h | 93.255 | +0.066% | $8.9M | $35.7M | 300x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex HYPEUSDT | +0.0008% | 1h | 93.241 | +0.051% | $58K | $1.2M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0016% | 4h | 93.253 | +0.064% | $176K | $524K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0020% | 8h | 93.288 | +0.101% | $323.2M | $282.2M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.306 | +0.121% | $214K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | +0.0047% | 1h | 93.248 | +0.059% | $111K | $577K | 20x | as long as short |
| Gate HYPE_USDT | +0.0058% | 4h | 93.244 | +0.054% | $44.0M | $58.8M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0060% | 4h | 93.284 | +0.097% | $90.1M | $82.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0061% | 4h | 93.293 | +0.107% | $383.0M | $887.0M | 75x | as long as short |
| Derive HYPE-PERP | +0.0061% | 1h | 93.213 | +0.021% | $16.3M | $7.0M | 10x | as long as short |
| edgeX HYPEUSDC | +0.0080% | 4h | 93.250 | +0.061% | $5.1M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.331 | +0.147% | $18.6M | $59.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.305 | +0.120% | $3.1M | $12.2M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.250 | +0.061% | $397K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.192 | −0.002% | $338K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.260 | +0.071% | $35K | $1.6M | 10x | as long as short |
| Nado HYPE-PERPlong | +0.0100% | 1h | 93.193 | long leg | $5.9M | $44.1M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 93.279 | +0.092% | $2.03B | $661.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.221 | +0.030% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.299 | +0.113% | $114.1M | $312.4M | 50x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.268 | +0.080% | $47.0M | $18.5M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.259 | +0.070% | $226.2M | $102.7M | 75x | as long as short |
| BingX HYPE-USDTshort | +0.0100% | 4h | 93.241 | +0.051% | — | $53.7M | — | |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.258 | +0.069% | $7.8M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.212 | +0.020% | $30.8M | $51.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.317 | +0.133% | $7.5M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.303 | +0.117% | $415K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.252 | +0.063% | $674K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.276 | +0.088% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.261 | +0.072% | $493K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.255 | +0.066% | $76K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.270 | +0.082% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.255 | +0.066% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.234 | +0.043% | $12.7M | $2.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.280 | +0.093% | $204K | $8K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.217 | +0.026% | $18.2M | $41.6M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0118% | 8h | 93.272 | +0.084% | $1.9M | $5.2M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.280 | +0.093% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0220% | 4h | 93.369 | +0.188% | $1.5M | $7.7M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.530 | +0.361% | $30K | $338K | 12x | as long as short |
| BloFin HYPE-USDT | +0.0243% | 4h | 93.225 | +0.034% | $16.9M | $12.4M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0247% | 1h | 93.245 | +0.055% | $77K | $159K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.288 | +0.101% | $2.7M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.271 | +0.083% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0372% | 1h | 93.352 | +0.170% | $7.4M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0465% | 1h | 93.387 | +0.207% | $20.9M | $28.9M | 50x | as long as short |
BingX HYPE-USDT
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Popdex HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Bullet HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
Binance HYPEUSDT
Derive HYPE-PERP
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
Bulk HYPE-USD
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Injective HYPE/USDC PERP
BloFin HYPE-USDT
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD