HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0354%/8h= +38.7% APRnext payment +$0.44 per $10,000 · paid last 24h −0.031%

Price spread now: Nado against Aftermath Perps−0.128%54s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.128% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.128% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 29 hours of funding at the current rate (+$11 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps HYPEUSD	93.424	−0.0254	get 0.0032% / 1h	7m 32s	$22K	$22K	10x
Short	Nado HYPE-PERP	93.305	0.0100	get 0.0012% / 1h	7m 32s	$5.9M	$44.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Aftermath Perps. 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee NadobpOrdersPrice spread, now −0.128%Rate

Funding earned: $74.3
Price spread: −0.128% → 0.000%: −$12.79
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $45.51
Costs to cover: 0.160%
Break-even: 2.7 days

Slippage unknown: Aftermath Perps: no order-book sample; Nado: live order book, 2 min ago. Net counts fees only.

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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Nado live order book, 2 min ago	0.05 bp	3.8 bp −$4	6.0 bp −$60	25.8 bp −$2,579	doesn't fit

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0856%	1h	93.329	−0.102%	$197K	$233K	7x	as long as short
Aftermath Perps HYPEUSDlong	−0.0254%	1h	93.424	long leg	$22K	$22K	10x
Ondo Perps HYPE-USD.P	−0.0226%	1h	93.240	−0.197%	$700K	$931K	10x	as long as short
01 Exchange HYPEUSD	−0.0080%	1h	93.321	−0.111%	$90K	$357K	20x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.298	−0.135%	$3K	$331	25x	as long as short
Derive HYPE-PERP	−0.0035%	1h	93.258	−0.178%	$16.4M	$7.1M	10x	as long as short
Bullet HYPE-USD	−0.0028%	1h	93.274	−0.161%	$111K	$580K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.383	−0.044%	$127K	$32K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.323	−0.108%	$23K	$334K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	93.340	−0.090%	$20K	—	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HYPEUSDT	+0.0010%	4h	93.308	−0.125%	$8.9M	$35.8M	300x	as long as short
Bybit HYPEUSDT	+0.0030%	8h	93.310	−0.123%	$325.0M	$287.1M	75x	as long as short
Popdex HYPEUSDT	+0.0032%	1h	93.304	−0.129%	$58K	$1.2M	50x	as long as short
Gate HYPE_USDT	+0.0032%	4h	93.294	−0.140%	$43.9M	$57.8M	75x	as long as short
Orderly PERP_HYPE_USDC	+0.0054%	4h	93.327	−0.104%	$165K	$539K	20x	as long as short
Phoenix HYPE	+0.0068%	1h	93.345	−0.085%	$215K	$1.2M	10x	as long as short
SoDEX HYPE-USD	+0.0090%	1h	93.304	−0.129%	$2.0M	$2.0M	10x	as long as short
Vest HYPE-PERP	+0.0094%	1h	93.335	−0.095%	—	$454K	5x	as long as short
Lighter HYPE	+0.0096%	1h	93.343	−0.088%	$18.6M	$59.9M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.332	−0.099%	$3.1M	$12.4M	20x	as long as short
Paradex HYPE-USD-PERP	+0.0099%	8h	93.327	−0.104%	$339K	$170K	20x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.320	−0.112%	$37K	$1.6M	10x	as long as short
Nado HYPE-PERPshort	+0.0100%	1h	93.305	−0.128%	$5.9M	$44.1M	10x
Hyperliquid HYPE	+0.0100%	1h	93.391	−0.036%	$2.03B	$670.6M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	93.330	−0.101%	$10.0M	$14.4M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	93.304	−0.129%	$385.1M	$889.7M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	93.290	−0.144%	$114.6M	$314.7M	50x	as long as short
Arcus HYPE-USD	+0.0100%	1h	93.281	−0.154%	$1.2M	$4.0M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.285	−0.149%	$204K	$12K	10x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	93.304	−0.129%	$93.1M	$82.4M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.307	−0.126%	$46.1M	$18.8M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	93.322	−0.110%	$226.7M	$102.6M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	93.296	−0.137%	—	$54.1M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.334	−0.097%	$7.9M	$11.7M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.263	−0.173%	$29.1M	$50.2M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.304	−0.129%	$7.5M	$45.2M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.276	−0.159%	$405K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.340	−0.090%	$675K	$2.5M	20x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.338	−0.093%	$493K	$2.6M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.299	−0.134%	$75K	$168K	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.358	−0.071%	$32K	$1.6M	20x	as long as short
Phemex HYPEUSDT	+0.0100%	8h	93.343	−0.087%	$12.7M	$2.6M	50x	as long as short
Kalshi KXHYPEPERP	+0.0101%	8h	93.395	−0.032%	$1.9M	$5.2M	2.3x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.292	−0.141%	$18.3M	$41.4M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	93.311	−0.122%	$397K	$318K	20x	as long as short
edgeX HYPEUSDC	+0.0113%	4h	93.268	−0.167%	$5.1M	$29.4M	30x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0208%	1h	93.390	−0.037%	$4.9M	$5.7M	50x	as long as short
Reya HYPERUSDPERP	+0.0246%	1h	93.304	−0.129%	$78K	$158K	15x	as long as short
Injective HYPE/USDC PERP	+0.0285%	1h	93.910	+0.520%	$31K	$291K	12x	as long as short
HTX HYPE-USDT	+0.0292%	4h	93.469	+0.048%	$1.5M	$7.7M	75x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0328%	1h	93.420	−0.005%	$7.4M	$4.6M	50x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0339% / S −0.0165%	1h	93.346	−0.084%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	93.271	−0.164%	$17.1M	$12.4M	75x	as long as short
RISEx HYPE/USDC	+0.0467%	1h	93.367	−0.061%	$2.7M	$6.8M	20x	as long as short
Kraken Futures PF_HYPEUSD	+0.0574%	1h	93.430	+0.006%	$19.1M	$26.2M	50x	as long as short