Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%
Price spread now: Nado against SunX−0.110%7-day average −0.070% · 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−$68as in the Price arb table
costs, in and out, $10k−$640.643% of the position
Funding, last 3 days (all we have)−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)+0.027%+$3 · spread now −0.110%, 7d avg −0.070%
=Together, before fees+0.008%+ Points / potential airdropNado: Active · farm board+$1 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: Nado is 0.040% cheaper against SunX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX HYPE-USDT | 93.191 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $32K | $1.6M | 20x |
| Short | Nado HYPE-PERP | 93.088 | 0.0100 | get 0.0012% / 1h | 54m 02s | $5.7M | $43.4M | 10x |
SunX HYPE-USDT
Nado HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against SunX. 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: −0.110% → −0.070%
- −$3.99
- Slippage, 4 orders
- −$49.28
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$68.26
- Costs to cover
- 0.643%
- Break-even
- never at this rate
Slippage from SunX: live order book, 11 min ago; Nado: live order book, 5 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 SunX live order book, 11 min ago | 19.37 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 5 min ago | 0.05 bp | 3.9 bp −$4 | 6.1 bp −$61 | 25.8 bp −$2,585 | doesn't fit |
HYPE on 54 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 | −0.1144% | 1h | 93.108 | −0.089% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 92.973 | −0.234% | $1.2M | $3.8M | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0295% | 1h | 93.150 | −0.044% | $79K | $170K | 20x | as long as short |
| ApeX Omni HYPEUSDT | −0.0172% | 1h | 93.008 | −0.196% | $336K | $1.0M | 50x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.092 | −0.106% | $84K | $346K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.079 | −0.120% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0051% | 4h | 93.167 | −0.026% | $156K | $639K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0018% | 1h | 93.000 | −0.205% | $696K | $906K | 10x | as long as short |
| Phemex HYPEUSDT | −0.0014% | 8h | 93.165 | −0.028% | $12.6M | $2.7M | 50x | as long as short |
| Aster HYPEUSDT | −0.0009% | 4h | 93.134 | −0.061% | $8.8M | $35.4M | 300x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Bluefin HYPE-PERP
ApeX Omni HYPEUSDT
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Ondo Perps HYPE-USD.P
Phemex HYPEUSDT
Aster HYPEUSDTShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX HYPE-USD | 0.0000% | 1h | 93.063 | −0.137% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.112 | −0.085% | $22K | $321K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.147 | −0.047% | $25K | — | 150x | as long as short |
| Bullet HYPE-USD | +0.0008% | 1h | 93.119 | −0.077% | $111K | $578K | 20x | as long as short |
| BingX HYPE-USDT | +0.0008% | 4h | 93.141 | −0.054% | — | $53.2M | — | as long as short |
| Aftermath Perps HYPEUSD | +0.0014% | 1h | 93.181 | −0.011% | $22K | $21K | 10x | as long as short |
| Bybit HYPEUSDT | +0.0017% | 8h | 93.121 | −0.075% | $320.6M | $275.4M | 75x | as long as short |
| Gate HYPE_USDT | +0.0028% | 4h | 93.134 | −0.061% | $44.4M | $54.2M | 75x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.056 | −0.145% | $210K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0076% | 4h | 93.178 | −0.014% | $87.6M | $79.9M | 100x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0077% | 8h | 93.129 | −0.067% | $114.4M | $300.3M | 50x | as long as short |
| Binance HYPEUSDT | +0.0078% | 4h | 93.154 | −0.040% | $378.8M | $872.7M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0091% | 4h | 92.963 | −0.245% | $5.0M | $29.7M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.195 | +0.004% | $16.3M | $61.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.162 | −0.031% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.091 | −0.107% | $68K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.117 | −0.079% | $338K | $162K | 20x | as long as short |
| Derive HYPE-PERP | +0.0099% | 1h | 93.140 | −0.055% | $16.2M | $7.6M | 10x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.060 | −0.141% | $38K | $1.6M | 10x | as long as short |
| Nado HYPE-PERPshort | +0.0100% | 1h | 93.088 | −0.110% | $5.7M | $43.4M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 93.205 | +0.015% | $2.04B | $652.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.093 | −0.105% | $10.0M | $14.6M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.165 | −0.028% | $46.0M | $18.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.134 | −0.061% | $225.4M | $96.8M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.112 | −0.085% | $7.3M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.170 | −0.023% | $31.0M | $54.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.978 | −0.229% | $7.5M | $46.3M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.240 | +0.053% | $665K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.124 | −0.072% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.108 | −0.089% | $473K | $2.4M | 20x | as long as short |
| SunX HYPE-USDTlong | +0.0100% | 4h | 93.191 | long leg | $32K | $1.6M | 20x | |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.181 | −0.011% | $2.0M | $1.9M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.998 | −0.208% | $202K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.106 | −0.091% | $18.3M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.177 | −0.015% | $396K | $170K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.070 | −0.130% | $4.9M | $5.4M | 50x | as long as short |
| HTX HYPE-USDT | +0.0215% | 4h | 93.300 | +0.117% | $1.4M | $5.9M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0257% | 1h | 93.086 | −0.113% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0273% | 8h | 93.140 | −0.055% | $1.9M | $4.8M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.121 | −0.075% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0437% | 1h | 93.264 | +0.078% | $7.4M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.189 | −0.002% | $3.2M | $6.7M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 92.930 | −0.280% | $30K | $338K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0686% | 1h | 93.247 | +0.060% | $20.7M | $29.9M | 50x | as long as short |
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bullet HYPE-USD
BingX HYPE-USDT
Aftermath Perps HYPEUSD
Bybit HYPEUSDT
Gate HYPE_USDT
Phoenix HYPE
MEXC HYPE_USDT
OKX HYPE-USDT-SWAP
Binance HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Derive HYPE-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD