Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
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Alert: spread
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Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: StandX against Nado+0.055%7-day average −0.004% · 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−$16as in the Price arb table
costs, in and out, $10k−$220.216% of the position
Long on NadoShort on StandX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.016%+$2 on $10k
Price spread, last 7 days−0.084%−$8 · spread now +0.055%, 7d avg −0.004%
Together, before fees−0.069%+ Points / potential airdropNado: Active · StandX: Active · farm board−$7 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: StandX is 0.059% dearer against Nado than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado HYPE-PERP93.7070.0100pay 0.0012% / 1h17m 47s$5.7M$44.7M10x
ShortStandX HYPE-USD93.7580.0100get 0.0013% / 1h17m 47s$669K$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.055% → −0.004%
$5.94
Slippage, 4 orders
−$6.6
Fee Nado: 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
−$15.66
Costs to cover
0.216%
Break-even
1609264812722083.3 days
Slippage from Nado: live order book, 1 min ago; StandX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 1 min ago0.05 bp3.8 bp −$46.6 bp −$6624.6 bp −$2,458doesn't fit
Sell StandX live order book, 1 min ago2.72 bp6.7 bp −$76.7 bp −$6715.1 bp −$1,511doesn't fit

HYPE on 54 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1040%1h93.615−0.097%$197K$229K7xas long as short
Arcus HYPE-USD−0.0786%1h93.627−0.085%$1.2M$3.8M10xas long as short
Phemex HYPEUSDT−0.0129%8h93.687−0.021%$12.7M$2.7M50xas long as short
Aftermath Perps HYPEUSD−0.0093%1h93.797+0.097%$22K$21K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.705−0.002%$3K$33125xas long as short
Ondo Perps HYPE-USD.P−0.0071%1h93.710+0.004%$702K$922K10xas long as short
Orderly PERP_HYPE_USDC−0.0056%4h93.728+0.023%$156K$646K20xas long as short
01 Exchange HYPEUSD−0.0048%1h93.748+0.044%$85K$350K20xas long as short
Backpack HYPE_USDC_PERP−0.0030%1h93.650−0.060%$7.8M$10.3M20xas long as short
Gate HYPE_USDT−0.0020%4h93.644−0.067%$44.4M$55.2M75xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT−0.0007%4h93.676−0.032%$8.8M$35.8M300xas long as short
dYdX HYPE-USD0.0000%1h93.756+0.053%$129K$31K5xas long as short
Perpl HYPE0.0000%43m93.721+0.016%$22K$325K10xas long as short
BingX HYPE-USDT+0.0002%4h93.640−0.071%—$53.6M—as long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.765+0.062%$26K—150xas long as short
Bybit HYPEUSDT+0.0008%8h93.653−0.057%$321.5M$280.7M75xas long as short
Phoenix HYPE+0.0060%1h93.885+0.190%$213K$1.2M10xas long as short
MEXC HYPE_USDT+0.0066%4h93.647−0.063%$88.9M$83.3M100xas long as short
Binance HYPEUSDT+0.0066%4h93.656−0.054%$380.8M$890.4M75xas long as short
Bullet HYPE-USD+0.0068%1h93.761+0.058%$111K$577K20xas long as short
OKX HYPE-USDT-SWAP+0.0070%8h93.681−0.027%$115.2M$307.5M50xas long as short
edgeX HYPEUSDC+0.0072%4h93.783+0.081%$5.1M$30.0M30xas long as short
Paradex HYPE-USD-PERP+0.0096%8h93.864+0.168%$341K$164K20xas long as short
Lighter HYPE+0.0096%1h93.783+0.082%$16.4M$62.6M20xas long as short
Lighter RH HYPE+0.0096%1h93.763+0.060%$3.1M$11.9M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.736+0.031%$67K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h93.777+0.075%$399K$175K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.710+0.004%$21K$1.6M10xas long as short
Nado HYPE-PERPlong+0.0100%1h93.707long leg$5.7M$44.7M10x
Hyperliquid HYPE+0.0100%1h93.795+0.094%$2.05B$665.9M10xas long as short
Pacifica HYPE+0.0100%1h93.836+0.138%$10.1M$14.7M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.668−0.041%$46.4M$18.1M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.668−0.041%$226.9M$98.3M75xas long as short
Variational Omni HYPE+0.0100%8h93.748+0.044%$31.1M$54.6M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.837+0.139%$7.6M$47.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.800+0.100%$339K$1.0M50xas long as short
StandX HYPE-USDshort+0.0100%1h93.758+0.055%$669K$2.6M20x
Vest HYPE-PERP+0.0100%1h93.786+0.085%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.757+0.054%$473K$2.4M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.701−0.006%$79K$170K20xas long as short
Derive HYPE-PERP+0.0100%1h93.727+0.022%$16.3M$7.7M10xas long as short
SunX HYPE-USDT+0.0100%4h93.849+0.152%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.776+0.074%$2.0M$1.9M10xas long as short
Bulk HYPE-USD+0.0100%1h93.880+0.185%$204K$10K10xas long as short
Extended HYPE-USD+0.0104%1h93.623−0.089%$18.3M$44.1M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0136%1h93.810+0.110%$4.9M$5.5M50xas long as short
Injective HYPE/USDC PERP+0.0137%1h94.180+0.505%$31K$339K12xas long as short
HTX HYPE-USDT+0.0199%4h93.899+0.205%$1.4M$5.9M75xas long as short
RISEx HYPE/USDC+0.0210%1h93.803+0.104%$3.2M$7.0M20xas long as short
Reya HYPERUSDPERP+0.0255%1h93.738+0.034%$80K$140K15xas long as short
Kalshi KXHYPEPERP+0.0279%8h93.787+0.086%$1.9M$4.9M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0156%1h93.772+0.069%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0443%1h93.859+0.163%$7.4M$4.5M50xas long as short
Kraken Futures PF_HYPEUSD+0.0680%1h93.842+0.144%$21.0M$29.8M50xas long as short