Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h +0.011%
Price spread now: Paradex against edgeX−0.119%52s7-day average +0.023% · 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—prices read too far apart to compare
costs, in and out, $10k−$210.211% of the position
Funding, last 4 days (all we have)−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.291%+$29 · spread now −0.119%, 7d avg +0.023%
=Together, before fees+0.286%+ Points / potential airdropedgeX: Active · Paradex: Active · farm board+$29 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: Paradex is 0.142% cheaper against edgeX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.023%. The two prices were read 52 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 | edgeX HYPEUSDC | 93.758 | 0.0091 | pay 0.0045% / 4h | 1h 47m | $5.0M | $30.5M | 30x |
| Short | Paradex HYPE-USD-PERP | 93.647 | 0.0083 | get 0.0083% / 8h | 1h 47m | $335K | $161K | 20x |
edgeX HYPEUSDC
Paradex HYPE-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against edgeX. 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
- −$1.71
- Price spread: −0.119% → +0.023%
- −$14.18
- Slippage, 4 orders
- −$8.15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$37.04
- Costs to cover
- 0.211%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 1 min ago; Paradex: live order book, 61 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 edgeX live order book, 1 min ago | 0.32 bp | 4.9 bp −$5 | 5.5 bp −$55 | doesn't fit | doesn't fit |
| Sell Paradex live order book, 61 min ago | 3.73 bp | 5.7 bp −$6 | 9.0 bp −$90 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1136% | 1h | 93.719 | −0.041% | $199K | $242K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0243% | 1h | 93.808 | +0.053% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0133% | 1h | 93.610 | −0.158% | $706K | $1.2M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.589 | −0.180% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0065% | 1h | 93.618 | −0.150% | $111K | $580K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0064% | 1h | 93.618 | −0.149% | $86K | $371K | 20x | as long as short |
| Bluefin HYPE-PERP | −0.0035% | 1h | 93.612 | −0.156% | $79K | $156K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0020% | 4h | 93.610 | −0.158% | $145K | $685K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.698 | −0.064% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.624 | −0.143% | $21K | $287K | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Bullet HYPE-USD
01 Exchange HYPEUSD
Bluefin HYPE-PERP
Orderly PERP_HYPE_USDC
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 −0.0002% | 1h | 93.657 | −0.107% | $63K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0006% | 4h | 93.662 | −0.102% | — | $53.7M | — | as long as short |
| Bybit HYPEUSDT | +0.0010% | 8h | 93.650 | −0.115% | $316.3M | $288.0M | 75x | as long as short |
| Phoenix HYPE | +0.0017% | 1h | 93.780 | +0.023% | $210K | $1.1M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0040% | 4h | 93.683 | −0.080% | $225.6M | $99.6M | 75x | as long as short |
| ApeX Omni HYPEUSDT | +0.0074% | 1h | 93.801 | +0.046% | $348K | $1.0M | 50x | as long as short |
| Phemex HYPEUSDT | +0.0074% | 8h | 93.656 | −0.109% | $12.8M | $2.8M | 50x | as long as short |
| Paradex HYPE-USD-PERPshort | +0.0083% | 8h | 93.647 | −0.119% | $335K | $161K | 20x | |
| Arcus HYPE-USD | +0.0084% | 1h | 93.590 | −0.179% | $1.0M | $4.0M | 10x | as long as short |
| edgeX HYPEUSDClong | +0.0091% | 4h | 93.758 | long leg | $5.0M | $30.5M | 30x | |
| Derive HYPE-PERP | +0.0092% | 1h | 93.587 | −0.183% | $16.3M | $7.4M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.681 | −0.082% | $16.2M | $63.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.681 | −0.082% | $3.1M | $11.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.598 | −0.171% | $78K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.600 | −0.169% | $23K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.606 | −0.163% | $7.4M | $50.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.770 | +0.013% | $2.05B | $682.7M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.674 | −0.090% | $8.9M | $37.3M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.670 | −0.094% | $10.1M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.676 | −0.087% | $375.4M | $930.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.641 | −0.125% | $115.7M | $316.2M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.669 | −0.095% | $48.4M | $55.0M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.649 | −0.116% | $88.8M | $83.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.625 | −0.142% | $46.3M | $18.8M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.648 | −0.117% | $7.2M | $10.8M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.670 | −0.094% | $28.6M | $56.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.726 | −0.034% | $7.6M | $48.1M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.679 | −0.084% | $679K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.685 | −0.078% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.633 | −0.133% | $470K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.681 | −0.082% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.632 | −0.134% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.799 | +0.044% | $1.4M | $6.7M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.731 | −0.029% | $216K | $15K | 10x | as long as short |
| Kalshi KXHYPEPERP | +0.0104% | 8h | 93.690 | −0.073% | $1.8M | $5.6M | 2.3x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.622 | −0.145% | $18.2M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.622 | −0.145% | $396K | $159K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0120% | 1h | 93.680 | −0.083% | $4.7M | $6.1M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 93.670 | −0.094% | $30K | $339K | 12x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0262% | 1h | 93.715 | −0.046% | $7.4M | $4.2M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0271% | 1h | 93.602 | −0.166% | $77K | $130K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0154% | 1h | 93.664 | −0.100% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.600 | −0.169% | $17.0M | $12.2M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0415% | 1h | 93.702 | −0.060% | $20.9M | $29.6M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0559% | 1h | 93.644 | −0.122% | $3.2M | $6.4M | 20x | as long as short |
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Bybit HYPEUSDT
Phoenix HYPE
Bitget HYPEUSDT
ApeX Omni HYPEUSDT
Phemex HYPEUSDT
Arcus HYPE-USD
Derive HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Kalshi KXHYPEPERP
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC