Funding you earn now, next payment 02:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.048%
Price spread now: RISEx against Nado−0.021%7-day average −0.007% · 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−$19as in the Price arb table
costs, in and out, $10k−$170.173% of the position
Funding, last 3 days (all we have)+0.127%+$13 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.021%, 7d avg −0.007%
=Together, before fees+0.169%+ Points / potential airdropNado: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado HYPE-PERP | 93.365 | 0.0100 | pay 0.0012% / 1h | 57m 58s | $6.6M | $44.7M | 10x |
| Short | RISEx HYPE/USDC | 93.346 | 0.0210 | get 0.0026% / 1h | 57m 58s | $2.7M | $6.7M | 20x |
Nado HYPE-PERP
RISEx HYPE/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $23.01
- Price spread: −0.021% → −0.007%
- −$1.35
- Slippage, 4 orders
- −$4.27
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $4.38
- Costs to cover
- 0.173%
- Break-even
- 5.7 days
Slippage from Nado: live order book, 1 min ago; RISEx: live order book, 1 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, 1 min ago | 0.05 bp | 3.6 bp −$4 | 6.7 bp −$67 | 29.7 bp −$2,971 | doesn't fit |
| Sell RISEx live order book, 1 min ago | 1.82 bp | 4.8 bp −$5 | 6.8 bp −$68 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1088% | 1h | 93.283 | −0.088% | $197K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.161 | −0.218% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0176% | 1h | 93.591 | +0.242% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0160% | 1h | 93.340 | −0.027% | $705K | $961K | 10x | as long as short |
| Backpack HYPE_USDC_PERP | −0.0101% | 1h | 93.241 | −0.133% | $7.8M | $10.6M | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.255 | −0.118% | $3K | $331 | 25x | as long as short |
| Gate HYPE_USDT | −0.0074% | 4h | 93.272 | −0.100% | $44.2M | $53.4M | 75x | as long as short |
| 01 Exchange HYPEUSD | −0.0056% | 1h | 93.369 | +0.004% | $85K | $360K | 20x | as long as short |
| Bluefin HYPE-PERP | −0.0047% | 1h | 93.248 | −0.125% | $79K | $173K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0043% | 4h | 93.267 | −0.105% | $158K | $647K | 20x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Backpack HYPE_USDC_PERP
Hotstuff HYPE-PERP
Gate HYPE_USDT
01 Exchange HYPEUSD
Bluefin HYPE-PERP
Orderly PERP_HYPE_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | −0.0021% | 4h | 93.262 | −0.110% | $8.9M | $36.2M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.297 | −0.073% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.363 | −0.002% | $23K | $330K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.286 | −0.085% | $26K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0018% | 4h | 93.300 | −0.070% | — | $54.0M | — | as long as short |
| Derive HYPE-PERP | +0.0020% | 1h | 93.228 | −0.146% | $16.3M | $7.5M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0024% | 8h | 93.252 | −0.121% | $320.4M | $280.1M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.488 | +0.132% | $212K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0042% | 4h | 93.304 | −0.065% | $86.9M | $81.1M | 100x | as long as short |
| Binance HYPEUSDT | +0.0043% | 4h | 93.275 | −0.096% | $380.2M | $900.5M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0056% | 8h | 93.314 | −0.055% | $12.7M | $2.7M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0060% | 4h | 93.655 | +0.311% | $5.1M | $29.7M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0069% | 8h | 93.261 | −0.111% | $115.1M | $313.9M | 50x | as long as short |
| Bullet HYPE-USD | +0.0074% | 1h | 93.307 | −0.062% | $112K | $579K | 20x | as long as short |
| Lighter HYPE | +0.0080% | 1h | 93.327 | −0.041% | $18.6M | $58.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0088% | 1h | 93.353 | −0.013% | $64K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0088% | 1h | 93.238 | −0.136% | $397K | $177K | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.297 | −0.073% | $3.1M | $11.6M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0098% | 8h | 93.283 | −0.088% | $339K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.330 | −0.037% | $34K | $1.6M | 10x | as long as short |
| Nado HYPE-PERPlong | +0.0100% | 1h | 93.365 | long leg | $6.6M | $44.7M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 93.335 | −0.032% | $2.03B | $671.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.273 | −0.098% | $10.0M | $14.7M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.273 | −0.099% | $46.3M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.247 | −0.126% | $225.6M | $100.5M | 75x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.379 | +0.015% | $30.9M | $53.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.426 | +0.066% | $7.5M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.599 | +0.251% | $339K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.373 | +0.009% | $666K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.391 | +0.028% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.385 | +0.021% | $476K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.329 | −0.039% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.280 | −0.091% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.894 | +0.566% | $204K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.239 | −0.135% | $18.3M | $44.7M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.270 | −0.102% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 93.270 | −0.102% | $30K | $338K | 12x | as long as short |
| BloFin HYPE-USDT | +0.0170% | 4h | 93.394 | +0.031% | $17.0M | $12.1M | 75x | as long as short |
| RISEx HYPE/USDCshort | +0.0210% | 1h | 93.346 | −0.021% | $2.7M | $6.7M | 20x | |
| Kalshi KXHYPEPERP | +0.0251% | 8h | 93.252 | −0.121% | $1.9M | $5.2M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0253% | 1h | 93.345 | −0.021% | $79K | $143K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0334% / S −0.0158% | 1h | 93.312 | −0.056% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0336% | 4h | 93.500 | +0.145% | $1.5M | $6.0M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0554% | 1h | 93.361 | −0.004% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0683% | 1h | 93.372 | +0.007% | $20.8M | $29.8M | 50x | as long as short |
Aster HYPEUSDT
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Derive HYPE-PERP
Bybit HYPEUSDT
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
Phemex HYPEUSDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Bullet HYPE-USD
Lighter HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
BloFin HYPE-USDT
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD