Funding you earn now, next payment 01:00 UTC−0.0175%/8h= −19.2% APRpaid last 24h −0.032%
Price spread now: dYdX against Paradex+0.049%7-day average −0.015% · 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−$62as in the Price arb table
costs, in and out, $10k−$690.685% of the position
Funding, last 4 days (all we have)−0.079%−$8 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.049%, 7d avg −0.015%
=Together, before fees−0.141%+ Points / potential airdropParadex: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.063% dearer against Paradex than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of −0.015%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 4 days (−0.079% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex HYPE-USD-PERP | 93.460 | 0.0099 | pay 0.0099% / 8h | 7h 01m | $339K | $165K | 20x |
| Short | dYdX HYPE-USD | 93.506 | −0.0077 | pay 0.0010% / 1h | 1m 00s | $128K | $31K | 5x |
Paradex HYPE-USD-PERP
dYdX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Paradex. 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
- −$36.78
- Price spread: +0.049% → −0.015%
- $6.31
- Slippage, 4 orders
- −$54.51
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$98.98
- Costs to cover
- 0.685%
- Break-even
- never at this rate
Slippage from Paradex: live order book, 8 min ago; dYdX: live order book, 8 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 Paradex live order book, 8 min ago | 1.44 bp | 3.4 bp −$3 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 8 min ago | 25.82 bp | 30.8 bp −$31 | 37.7 bp −$377 | 143.0 bp −$14.3K | 1105.7 bp −$552.9K |
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 | −0.1104% | 1h | 93.469 | +0.010% | $198K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 93.297 | −0.175% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0180% | 1h | 93.772 | +0.334% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0107% | 1h | 93.380 | −0.086% | $705K | $961K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.407 | −0.057% | $85K | $359K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.439 | −0.023% | $3K | $331 | 25x | as long as short |
| dYdX HYPE-USDshort | −0.0077% | 1h | 93.506 | +0.049% | $128K | $31K | 5x | |
| Gate HYPE_USDT | −0.0072% | 4h | 93.403 | −0.061% | $44.2M | $60.7M | 75x | as long as short |
| Bullet HYPE-USD | −0.0042% | 1h | 93.405 | −0.059% | $112K | $579K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0041% | 4h | 93.363 | −0.104% | $158K | $647K | 20x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Gate HYPE_USDT
Bullet HYPE-USD
Orderly PERP_HYPE_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | −0.0006% | 4h | 93.410 | −0.054% | $8.9M | $36.1M | 300x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.436 | −0.026% | $23K | $327K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.436 | −0.026% | $27K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0015% | 8h | 93.410 | −0.054% | $321.0M | $279.7M | 75x | as long as short |
| Derive HYPE-PERP | +0.0024% | 1h | 93.343 | −0.125% | $16.3M | $7.5M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.887 | +0.457% | $213K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0035% | 8h | 93.403 | −0.061% | $12.7M | $2.6M | 50x | as long as short |
| Binance HYPEUSDT | +0.0046% | 4h | 93.418 | −0.045% | $380.8M | $898.5M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0052% | 4h | 93.409 | −0.055% | $87.4M | $83.7M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0060% | 4h | 93.655 | +0.208% | $5.1M | $29.7M | 30x | as long as short |
| Bluefin HYPE-PERP | +0.0063% | 1h | 93.370 | −0.097% | $76K | $170K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0071% | 8h | 93.420 | −0.043% | $115.4M | $313.6M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.401 | −0.064% | $18.8M | $60.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.381 | −0.085% | $3.0M | $12.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.409 | −0.055% | $64K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.376 | −0.090% | $397K | $180K | 20x | as long as short |
| Paradex HYPE-USD-PERPlong | +0.0099% | 8h | 93.460 | long leg | $339K | $165K | 20x | |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.390 | −0.075% | $34K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.456 | −0.005% | $6.6M | $44.6M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.421 | −0.042% | $2.03B | $670.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.457 | −0.004% | $10.0M | $14.7M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.406 | −0.058% | $46.3M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.402 | −0.062% | $226.1M | $100.3M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.403 | −0.061% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.302 | −0.169% | $7.9M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.379 | −0.087% | $30.9M | $53.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.861 | +0.428% | $7.6M | $46.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.599 | +0.148% | $339K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.537 | +0.082% | $668K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.482 | +0.024% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.440 | −0.022% | $472K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.445 | −0.016% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.384 | −0.082% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.894 | +0.464% | $204K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.372 | −0.095% | $18.3M | $44.8M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.420 | −0.043% | $4.9M | $5.5M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0182% | 4h | 93.420 | −0.043% | $17.0M | $12.0M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 93.370 | −0.097% | $30K | $338K | 12x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 93.454 | −0.007% | $2.7M | $6.7M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0248% | 8h | 93.507 | +0.050% | $1.9M | $5.2M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0253% | 1h | 93.402 | −0.063% | $79K | $143K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.430 | −0.033% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0352% | 4h | 93.550 | +0.096% | $1.5M | $6.0M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0585% | 1h | 93.493 | +0.035% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0676% | 1h | 93.440 | −0.022% | $20.8M | $29.8M | 50x | as long as short |
Aster HYPEUSDT
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Derive HYPE-PERP
Phoenix HYPE
Phemex HYPEUSDT
Binance HYPEUSDT
MEXC HYPE_USDT
edgeX HYPEUSDC
Bluefin HYPE-PERP
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
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
BloFin HYPE-USDT
Injective HYPE/USDC PERP
RISEx HYPE/USDC
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD