Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h −0.037%
Price spread now: Paradex against HTX−0.108%7-day average −0.029% · 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−$39as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 4 days (all we have)−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+0.185%+$19 · spread now −0.108%, 7d avg −0.029%
=Together, before fees+0.141%+ Points / potential airdropParadex: Active · farm board+$14 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 0.079% cheaper against HTX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX HYPE-USDT | 93.300 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $1.4M | $6.5M | 75x |
| Short | Paradex HYPE-USD-PERP | 93.200 | 0.0094 | get 0.0094% / 8h | 2h 28m | $339K | $157K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against HTX. 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
- −$1.35
- Price spread: −0.108% → −0.029%
- −$7.87
- Slippage, 4 orders
- −$15.05
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$40.27
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from HTX: live order book, 1 min ago; Paradex: live order book, 21 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 HTX live order book, 1 min ago | 0.32 bp | 8.8 bp −$9 | 14.8 bp −$148 | 52.6 bp −$5,259 | doesn't fit |
| Sell Paradex live order book, 21 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 | −0.1512% | 1h | 93.260 | −0.043% | $197K | $237K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0368% | 1h | 93.253 | −0.051% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.227 | −0.078% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0066% | 1h | 93.099 | −0.216% | $111K | $580K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0023% | 4h | 93.130 | −0.182% | $146K | $663K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0008% | 1h | 93.174 | −0.135% | $87K | $365K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.218 | −0.088% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.155 | −0.156% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.135 | −0.177% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.126 | −0.186% | $1.0M | $3.9M | 10x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0014% | 4h | 93.118 | −0.195% | $225.0M | $98.8M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0017% | 8h | 93.110 | −0.204% | $316.4M | $282.7M | 75x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0022% | 1h | 93.160 | −0.150% | $702K | $1.2M | 10x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.282 | −0.019% | $207K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0054% | 8h | 93.159 | −0.151% | $12.7M | $2.8M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0088% | 4h | 93.175 | −0.134% | $5.0M | $30.0M | 30x | as long as short |
| Paradex HYPE-USD-PERPshort | +0.0094% | 8h | 93.200 | −0.108% | $339K | $157K | 20x | |
| Lighter HYPE | +0.0096% | 1h | 93.166 | −0.143% | $16.1M | $63.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.165 | −0.145% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.143 | −0.168% | $75K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.170 | −0.139% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.147 | −0.165% | $7.9M | $48.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.196 | −0.112% | $2.03B | $669.1M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.138 | −0.174% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.171 | −0.138% | $10.0M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.128 | −0.184% | $373.2M | $912.5M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.111 | −0.203% | $114.2M | $308.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.230 | −0.075% | $215K | $15K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.133 | −0.179% | $46.7M | $54.3M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.135 | −0.177% | $90.8M | $81.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.146 | −0.165% | $46.0M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.124 | −0.189% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.221 | −0.085% | $7.3M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.131 | −0.182% | $28.5M | $56.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.193 | −0.115% | $7.5M | $47.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.165 | −0.145% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.238 | −0.066% | $667K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.227 | −0.078% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.151 | −0.160% | $483K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.124 | −0.189% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.106 | −0.208% | $16.1M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.158 | −0.152% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.129 | −0.183% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDTlong | +0.0100% | 4h | 93.300 | long leg | $1.4M | $6.5M | 75x | |
| Extended HYPE-USD | +0.0104% | 1h | 93.093 | −0.221% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.125 | −0.188% | $394K | $158K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0106% | 8h | 93.272 | −0.030% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.190 | −0.118% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.170 | −0.139% | $4.6M | $5.8M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.118 | −0.195% | $80K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.143 | −0.168% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.309 | +0.010% | $16.8M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0342% | 1h | 93.190 | −0.118% | $20.8M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0480% | 1h | 93.221 | −0.085% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.213 | −0.093% | $3.2M | $6.3M | 20x | as long as short |
HTX HYPE-USDT
Paradex HYPE-USD-PERP
Aftermath Perps HYPEUSD
Bullet HYPE-USD
01 Exchange HYPEUSD
gTrade (Gains Network) HYPE/USD
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC