Funding you earn now, next payment 05:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.006%
Price spread now: edgeX against Nado−0.119%7-day average −0.036% · 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−$26as in the Price arb table
costs, in and out, $10k−$180.176% of the position
Funding, last 3 days (all we have)+0.021%+$2 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now −0.119%, 7d avg −0.036%
=Together, before fees+0.109%+ Points / potential airdropNado: Active · edgeX: Active · farm board+$11 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: edgeX is 0.083% cheaper against Nado than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado HYPE-PERP | 92.805 | 0.0100 | pay 0.0012% / 1h | 21m 16s | $7.4M | $46.1M | 10x |
| Short | edgeX HYPEUSDC | 92.694 | 0.0098 | get 0.0049% / 4h | 3h 21m | $4.9M | $29.6M | 30x |
Nado HYPE-PERP
edgeX HYPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Nado. 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
- −$0.45
- Price spread: −0.119% → −0.036%
- −$8.3
- Slippage, 4 orders
- −$1.55
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$26.31
- Costs to cover
- 0.176%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; edgeX: live order book, 3 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 Nado live order book, 3 min ago | 0.05 bp | 3.7 bp −$4 | 6.4 bp −$64 | 28.4 bp −$2,839 | doesn't fit |
| Sell edgeX live order book, 3 min ago | 0.27 bp | 4.8 bp −$5 | 5.1 bp −$51 | 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 | −0.1712% | 1h | 92.605 | −0.215% | $193K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0292% | 1h | 92.729 | −0.081% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 92.841 | +0.039% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.866 | +0.066% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0058% | 4h | 92.851 | +0.050% | $145K | $681K | 20x | as long as short |
| Bullet HYPE-USD | −0.0002% | 1h | 92.854 | +0.054% | $112K | $577K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.850 | +0.049% | $127K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.870 | +0.070% | $22K | $293K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.894 | +0.096% | $62K | — | 150x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0018% | 1h | 92.830 | +0.027% | $697K | $1.1M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Ondo Perps HYPE-USD.PShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange HYPEUSD | +0.0024% | 1h | 92.908 | +0.112% | $87K | $364K | 20x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 92.921 | +0.126% | $208K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0032% | 8h | 92.866 | +0.066% | $315.9M | $283.3M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0040% | 1h | 92.890 | +0.092% | $81K | $1.1M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0044% | 4h | 92.880 | +0.081% | $224.8M | $99.0M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0049% | 8h | 92.862 | +0.062% | $12.5M | $2.7M | 50x | as long as short |
| Gate HYPE_USDT | +0.0092% | 4h | 92.873 | +0.074% | $45.1M | $54.5M | 75x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.820 | +0.017% | $16.0M | $62.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.800 | −0.005% | $3.1M | $11.6M | 20x | as long as short |
| edgeX HYPEUSDCshort | +0.0098% | 4h | 92.694 | −0.119% | $4.9M | $29.6M | 30x | |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 92.874 | +0.075% | $339K | $163K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.870 | +0.071% | $34K | $1.7M | 10x | as long as short |
| Nado HYPE-PERPlong | +0.0100% | 1h | 92.805 | long leg | $7.4M | $46.1M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 92.906 | +0.109% | $2.02B | $666.6M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 92.852 | +0.051% | $8.7M | $36.2M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.854 | +0.054% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.874 | +0.075% | $373.5M | $906.5M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.863 | +0.063% | $114.1M | $303.9M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.709 | −0.103% | $202K | $13K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.895 | +0.098% | $91.3M | $81.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.873 | +0.074% | $46.1M | $18.4M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.871 | +0.072% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.693 | −0.120% | $7.2M | $11.2M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.768 | −0.040% | $28.5M | $57.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.808 | +0.004% | $7.5M | $46.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.725 | −0.086% | $340K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.765 | −0.043% | $667K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.877 | +0.078% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.908 | +0.112% | $487K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.892 | +0.094% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.858 | +0.058% | $16.0M | $7.6M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.903 | +0.106% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.874 | +0.075% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.995 | +0.205% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.843 | +0.041% | $18.0M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.861 | +0.061% | $393K | $164K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0132% | 8h | 92.718 | −0.093% | $1.8M | $5.4M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 92.900 | +0.103% | $4.7M | $5.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 92.956 | +0.164% | $20.7M | $29.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 93.150 | +0.372% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0266% | 1h | 92.873 | +0.073% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.893 | +0.095% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.682 | −0.132% | $16.7M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0450% | 1h | 92.967 | +0.175% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.924 | +0.128% | $3.2M | $6.4M | 20x | as long as short |
01 Exchange HYPEUSD
Phoenix HYPE
Bybit HYPEUSDT
Popdex HYPEUSDT
Bitget HYPEUSDT
Phemex HYPEUSDT
Gate HYPE_USDT
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
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
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC