Settings8H · net · $10k
Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.014%
Price spread now: Nado against Extended+0.057%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$170.167% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.021%−$2 on $10k
Price spread, last 7 days−0.049%−$5 · spread now +0.057%, 7d avg +0.033%
Together, before fees−0.070%+ Points / potential airdropExtended: Active · Nado: Active · farm board−$7 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 0.024% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended HYPE-USD93.0930.0104pay 0.0013% / 1h28m 17s$18.1M$43.2M50x
ShortNado HYPE-PERP93.1470.0100get 0.0012% / 1h28m 17s$7.9M$48.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Extended. 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

Funding earned
−$0.84
Price spread: +0.057% → +0.033%
$2.43
Slippage, 4 orders
−$4.67
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$15.08
Costs to cover
0.167%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; Nado: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 6 min ago0.05 bp2.6 bp −$33.3 bp −$3323.5 bp −$2,352doesn't fit
Sell Nado live order book, 1 min ago0.05 bp3.6 bp −$46.6 bp −$6628.3 bp −$2,826doesn't fit

HYPE on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1512%1h93.260+0.179%$197K$237K7xas long as short
Aftermath Perps HYPEUSD−0.0368%1h93.253+0.171%$22K$21K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.227+0.143%$3K$33125xas long as short
Bullet HYPE-USD−0.0066%1h93.099+0.006%$111K$580K20xas long as short
Orderly PERP_HYPE_USDC−0.0023%4h93.130+0.039%$146K$663K20xas long as short
01 Exchange HYPEUSD−0.0008%1h93.174+0.087%$87K$365K20xas long as short
dYdX HYPE-USD0.0000%1h93.218+0.133%$128K$29K5xas long as short
Perpl HYPE0.0000%43m93.155+0.066%$22K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.135+0.044%$62K150xas long as short
Arcus HYPE-USD+0.0011%1h93.126+0.035%$1.0M$3.9M10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget HYPEUSDT+0.0014%4h93.118+0.026%$225.0M$98.8M75xas long as short
Bybit HYPEUSDT+0.0017%8h93.110+0.018%$316.4M$282.7M75xas long as short
Ondo Perps HYPE-USD.P+0.0022%1h93.160+0.072%$702K$1.2M10xas long as short
Phoenix HYPE+0.0026%1h93.282+0.203%$207K$1.2M10xas long as short
Phemex HYPEUSDT+0.0054%8h93.159+0.070%$12.7M$2.8M50xas long as short
edgeX HYPEUSDC+0.0088%4h93.175+0.088%$5.0M$30.0M30xas long as short
Paradex HYPE-USD-PERP+0.0094%8h93.200+0.114%$339K$157K20xas long as short
Lighter HYPE+0.0096%1h93.166+0.078%$16.1M$63.2M20xas long as short
Lighter RH HYPE+0.0096%1h93.165+0.077%$3.1M$11.5M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.143+0.053%$75K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.170+0.082%$28K$1.7M10xas long as short
Nado HYPE-PERPshort+0.0100%1h93.147+0.057%$7.9M$48.4M10x
Hyperliquid HYPE+0.0100%1h93.196+0.110%$2.03B$669.1M10xas long as short
Aster HYPEUSDT+0.0100%4h93.138+0.047%$8.7M$36.4M300xas long as short
Pacifica HYPE+0.0100%1h93.171+0.083%$10.0M$15.3M20xas long as short
Binance HYPEUSDT+0.0100%4h93.128+0.037%$373.2M$912.5M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.111+0.019%$114.2M$308.6M50xas long as short
Bulk HYPE-USD+0.0100%1h93.230+0.147%$215K$15K10xas long as short
Gate HYPE_USDT+0.0100%4h93.133+0.043%$46.7M$54.3M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.135+0.045%$90.8M$81.2M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.146+0.056%$46.0M$18.9M75xas long as short
BingX HYPE-USDT+0.0100%4h93.124+0.033%$53.9Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.221+0.137%$7.3M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.131+0.040%$28.5M$56.3Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.193+0.107%$7.5M$47.0M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.165+0.077%$342K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.238+0.155%$667K$2.8M20xas long as short
Vest HYPE-PERP+0.0100%1h93.227+0.144%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.151+0.062%$483K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.124+0.033%$79K$166K20xas long as short
Derive HYPE-PERP+0.0100%1h93.106+0.014%$16.1M$7.4M10xas long as short
SunX HYPE-USDT+0.0100%4h93.158+0.069%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.129+0.038%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.300+0.222%$1.4M$6.5M75xas long as short
Extended HYPE-USDlong+0.0104%1h93.093long leg$18.1M$43.2M50x
Aevo HYPE-PERP+0.0104%1h93.125+0.034%$394K$158K20xas long as short
Kalshi KXHYPEPERP+0.0106%8h93.272+0.192%$1.8M$5.6M2.3xas long as short
Injective HYPE/USDC PERP+0.0122%1h93.190+0.104%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.170+0.082%$4.6M$5.8M50xas long as short
Reya HYPERUSDPERP+0.0269%1h93.118+0.026%$80K$127K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.143+0.053%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.309+0.232%$16.8M$11.9M75xas long as short
Kraken Futures PF_HYPEUSD+0.0342%1h93.190+0.104%$20.8M$29.6M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0480%1h93.221+0.137%$7.5M$4.0M50xas long as short
RISEx HYPE/USDC+0.0527%1h93.213+0.128%$3.2M$6.3M20xas long as short