Funding you earn now, next payment 04:00 UTC−0.0196%/8h= −21.4% APRpaid last 24h −0.035%
Price spread now: 01 Exchange against Paradex+0.062%7-day average +0.012% · 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−$40as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 4 days (all we have)−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now +0.062%, 7d avg +0.012%
=Together, before fees+0.078%+ Points / potential airdropParadex: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. 01 Exchange is 0.050% dearer against Paradex than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.012%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 4 days (−0.046% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.046% in total (about -4.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex HYPE-USD-PERP | 92.306 | 0.0092 | pay 0.0092% / 8h | 4h 37m | $338K | $163K | 20x |
| Short | 01 Exchange HYPEUSD | 92.364 | −0.0104 | pay 0.0013% / 1h | 37m 58s | $87K | $356K | 20x |
Paradex HYPE-USD-PERP
01 Exchange HYPEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$41.13
- Price spread: +0.062% → +0.012%
- $5.03
- Slippage, 4 orders
- −$33.86
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$80.96
- Costs to cover
- 0.449%
- Break-even
- never at this rate
Slippage from Paradex: live order book, 21 min ago; 01 Exchange: live order book, 21 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, 21 min ago | 12.88 bp | 14.9 bp −$15 | 149.0 bp −$1,490 | doesn't fit | doesn't fit |
| Sell 01 Exchange live order book, 21 min ago | 0.05 bp | 7.1 bp −$7 | 11.1 bp −$111 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.205 | −0.110% | $1.2M | $3.8M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0432% | 1h | 92.376 | +0.075% | $193K | $229K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0158% | 1h | 92.321 | +0.015% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSDshort | −0.0104% | 1h | 92.364 | +0.062% | $87K | $356K | 20x | |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.278 | −0.031% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0069% | 4h | 92.275 | −0.034% | $157K | $663K | 20x | as long as short |
| Bullet HYPE-USD | −0.0048% | 1h | 92.293 | −0.014% | $110K | $580K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.311 | +0.005% | $127K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.296 | −0.011% | $22K | $309K | 10x | as long as short |
| Aster HYPEUSDT | +0.0001% | 4h | 92.298 | −0.010% | $8.7M | $36.4M | 300x | as long as short |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
dYdX HYPE-USD
Perpl HYPE
Aster HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps HYPE-USD.P | +0.0002% | 1h | 92.250 | −0.061% | $695K | $1.1M | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.326 | +0.021% | $61K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0030% | 4h | 92.251 | −0.060% | — | $53.3M | — | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.379 | +0.079% | $209K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0054% | 8h | 92.271 | −0.038% | $315.5M | $281.3M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0062% | 8h | 92.287 | −0.021% | $12.5M | $2.7M | 50x | as long as short |
| Gate HYPE_USDT | +0.0062% | 4h | 92.258 | −0.052% | $44.3M | $55.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0079% | 8h | 92.283 | −0.025% | $112.8M | $302.0M | 50x | as long as short |
| Binance HYPEUSDT | +0.0084% | 4h | 92.284 | −0.024% | $369.9M | $901.7M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0084% | 4h | 92.274 | −0.035% | $87.0M | $80.5M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0089% | 4h | 92.287 | −0.021% | $4.9M | $29.5M | 30x | as long as short |
| Derive HYPE-PERP | +0.0090% | 1h | 92.271 | −0.038% | $16.0M | $7.5M | 10x | as long as short |
| Paradex HYPE-USD-PERPlong | +0.0092% | 8h | 92.306 | long leg | $338K | $163K | 20x | |
| Lighter HYPE | +0.0096% | 1h | 92.270 | −0.040% | $16.0M | $62.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.276 | −0.033% | $3.1M | $11.7M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.336 | +0.032% | $68K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.310 | +0.004% | $38K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.335 | +0.032% | $6.8M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.327 | +0.022% | $2.01B | $663.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.302 | −0.005% | $10.0M | $15.0M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.245 | −0.066% | $201K | $13K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.293 | −0.015% | $45.8M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.277 | −0.032% | $223.8M | $98.4M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.255 | −0.056% | $7.3M | $10.8M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.258 | −0.052% | $28.3M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.315 | +0.009% | $7.5M | $46.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.289 | −0.019% | $337K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.349 | +0.046% | $662K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.365 | +0.063% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.327 | +0.022% | $475K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.270 | −0.039% | $78K | $170K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.349 | +0.046% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.278 | −0.031% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.441 | +0.146% | $1.4M | $6.2M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.248 | −0.063% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.335 | +0.031% | $390K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 93.000 | +0.751% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.390 | +0.091% | $4.7M | $5.5M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0253% | 8h | 92.339 | +0.035% | $1.8M | $5.4M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0261% | 1h | 92.316 | +0.010% | $79K | $138K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0325% | 4h | 92.277 | −0.032% | $16.7M | $11.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0330% / S −0.0154% | 1h | 92.315 | +0.010% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0333% | 1h | 92.346 | +0.043% | $20.5M | $30.5M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0487% | 1h | 92.391 | +0.092% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.375 | +0.074% | $3.1M | $6.4M | 20x | as long as short |
Ondo Perps HYPE-USD.P
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Phoenix HYPE
Bybit HYPEUSDT
Phemex HYPEUSDT
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
Binance HYPEUSDT
MEXC HYPE_USDT
edgeX HYPEUSDC
Derive HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC