Funding you earn now, next payment 00:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.017%
Price spread now: Paradex against Aster−0.008%7-day average +0.025% · 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−$19as in the Price arb table
costs, in and out, $10k−$160.157% of the position
Funding, last 4 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.008%, 7d avg +0.025%
=Together, before fees+0.024%+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paradex is 0.034% cheaper against Aster than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.025%). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.012% in total) that is about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster HYPEUSDT | 93.223 | 0.0002 | pay 0.0001% / 4h | 1h 17m | $8.8M | $35.9M | 300x |
| Short | Paradex HYPE-USD-PERP | 93.215 | 0.0098 | get 0.0098% / 8h | 1h 17m | $339K | $170K | 20x |
Aster HYPEUSDT
Paradex HYPE-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Aster. 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
- $20.3
- Price spread: −0.008% → +0.025%
- −$3.37
- Slippage, 4 orders
- −$3.7
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $1.24
- Costs to cover
- 0.157%
- Break-even
- 6.6 days
Slippage from Aster: live order book, 6 min ago; Paradex: live order book, 1 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 Aster live order book, 6 min ago | 0.38 bp | 4.7 bp −$5 | 5.9 bp −$59 | 12.5 bp −$1,248 | doesn't fit |
| Sell Paradex live order book, 1 min ago | 1.29 bp | 3.3 bp −$3 | 6.7 bp −$67 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0438% | 1h | 93.164 | −0.063% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0336% | 1h | 93.229 | +0.007% | $197K | $230K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.190 | −0.035% | $1.2M | $4.0M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0125% | 1h | 93.170 | −0.056% | $699K | $929K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.245 | +0.024% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 93.288 | +0.070% | $90K | $361K | 20x | as long as short |
| Popdex HYPEUSDT | −0.0008% | 1h | 93.257 | +0.037% | $58K | $1.2M | 50x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.276 | +0.057% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.250 | +0.030% | $23K | $331K | 10x | as long as short |
| Aster HYPEUSDTlong | +0.0002% | 4h | 93.223 | long leg | $8.8M | $35.9M | 300x |
Aftermath Perps HYPEUSD
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Popdex HYPEUSDT
dYdX HYPE-USD
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.289 | +0.071% | $20K | — | 150x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0021% | 4h | 93.264 | +0.044% | $172K | $518K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0021% | 8h | 93.190 | −0.035% | $322.8M | $286.8M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.293 | +0.075% | $214K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | +0.0040% | 1h | 93.247 | +0.026% | $112K | $579K | 20x | as long as short |
| Derive HYPE-PERP | +0.0047% | 1h | 93.208 | −0.016% | $16.3M | $7.0M | 10x | as long as short |
| Gate HYPE_USDT | +0.0056% | 4h | 93.195 | −0.030% | $43.9M | $58.6M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0064% | 4h | 93.207 | −0.017% | $90.1M | $82.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0066% | 4h | 93.211 | −0.013% | $381.6M | $895.1M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0079% | 4h | 93.210 | −0.014% | $5.1M | $29.7M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.264 | +0.045% | $18.6M | $59.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.246 | +0.025% | $3.1M | $12.2M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.263 | +0.043% | $397K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERPshort | +0.0098% | 8h | 93.215 | −0.008% | $339K | $170K | 20x | |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.230 | +0.008% | $35K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.245 | +0.025% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.257 | +0.037% | $2.03B | $669.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.231 | +0.009% | $10.0M | $14.4M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.190 | −0.035% | $114.2M | $314.7M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.232 | +0.010% | $204K | $8K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.196 | −0.029% | $47.0M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.218 | −0.005% | $226.1M | $103.1M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.200 | −0.024% | — | $53.8M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.208 | −0.016% | $7.8M | $10.9M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.153 | −0.074% | $29.0M | $50.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.258 | +0.038% | $7.5M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.262 | +0.042% | $415K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.227 | +0.005% | $674K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.279 | +0.060% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.282 | +0.064% | $493K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.260 | +0.040% | $76K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.271 | +0.052% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.263 | +0.043% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.225 | +0.003% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.160 | −0.067% | $18.2M | $41.9M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0115% | 8h | 93.316 | +0.100% | $1.9M | $5.3M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.300 | +0.083% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0238% | 4h | 93.400 | +0.190% | $1.5M | $7.7M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.120 | −0.110% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0247% | 1h | 93.250 | +0.029% | $77K | $159K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0268% | 4h | 93.242 | +0.021% | $16.8M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.290 | +0.072% | $2.7M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.280 | +0.062% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0393% | 1h | 93.355 | +0.142% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0465% | 1h | 93.367 | +0.155% | $20.9M | $29.0M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Orderly PERP_HYPE_USDC
Bybit HYPEUSDT
Phoenix HYPE
Bullet HYPE-USD
Derive HYPE-PERP
Gate HYPE_USDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
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
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
BloFin HYPE-USDT
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD