Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.078%
Price spread now: Injective against Nado+0.257%7-day average +0.170% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.689%+$69 on $10k
+Price spread, last 4 days (all we have)−0.307%−$31 · spread now +0.257%, 7d avg +0.170%
=Together, before fees+0.382%+ Points / potential airdropNado: Active · farm board+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Injective is 0.088% dearer against Nado than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.170%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado HYPE-PERP | 92.761 | 0.0100 | pay 0.0012% / 1h | 19m 11s | $7.1M | $45.2M | 10x |
| Short | Injective HYPE/USDC PERP | 93.000 | 0.0150 | get 0.0019% / 1h | 19m 11s | $30K | $339K | 12x |
Nado HYPE-PERP
Injective HYPE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $10.6
- Price spread: +0.257% → +0.170%
- $8.75
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $12.33
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Nado: live order book, 5 min ago; Injective: live order book, 40 min ago. Net counts fees only.
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, 5 min ago | 0.05 bp | 4.0 bp −$4 | 7.3 bp −$73 | 30.6 bp −$3,058 | doesn't fit |
| Sell Injective live order book, 40 min ago | 14.57 bp | 3718.7 bp −$3,719 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.709 | −0.057% | $1.1M | $3.9M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0256% | 1h | 92.721 | −0.044% | $194K | $229K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0239% | 1h | 92.706 | −0.060% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.765 | +0.004% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0064% | 4h | 92.751 | −0.011% | $157K | $666K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0016% | 1h | 92.813 | +0.056% | $86K | $361K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.770 | +0.010% | $127K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.785 | +0.025% | $22K | $304K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.790 | +0.030% | $62K | — | 150x | as long as short |
| Phemex HYPEUSDT | +0.0022% | 8h | 92.726 | −0.038% | $12.5M | $2.7M | 50x | as long as short |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Phemex HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet HYPE-USD | +0.0032% | 1h | 92.767 | +0.006% | $111K | $579K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0038% | 1h | 92.700 | −0.066% | $697K | $1.1M | 10x | as long as short |
| BingX HYPE-USDT | +0.0040% | 4h | 92.765 | +0.004% | — | $53.4M | — | as long as short |
| Aster HYPEUSDT | +0.0042% | 4h | 92.782 | +0.023% | $8.7M | $36.2M | 300x | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.817 | +0.060% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0048% | 8h | 92.756 | −0.006% | $316.8M | $281.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0088% | 8h | 92.770 | +0.009% | $113.7M | $304.1M | 50x | as long as short |
| Gate HYPE_USDT | +0.0090% | 4h | 92.764 | +0.003% | $44.5M | $55.3M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 92.794 | +0.035% | $339K | $163K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.790 | +0.031% | $16.0M | $62.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.788 | +0.029% | $3.1M | $11.7M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.784 | +0.024% | $69K | $1.1M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.760 | −0.002% | $38K | $1.7M | 10x | as long as short |
| Nado HYPE-PERPlong | +0.0100% | 1h | 92.761 | long leg | $7.1M | $45.2M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 92.814 | +0.057% | $2.02B | $663.5M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.790 | +0.031% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.776 | +0.015% | $372.6M | $903.5M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.776 | +0.016% | $87.6M | $80.8M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.776 | +0.016% | $46.0M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.757 | −0.005% | $224.5M | $98.8M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.760 | −0.002% | $7.3M | $11.1M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.688 | −0.079% | $28.6M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.707 | −0.058% | $7.5M | $46.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.749 | −0.013% | $350K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.772 | +0.011% | $665K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.822 | +0.066% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.790 | +0.031% | $466K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.757 | −0.005% | $78K | $170K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.762 | 0.000% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.798 | +0.039% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.771 | +0.010% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.915 | +0.165% | $1.4M | $6.2M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.701 | −0.065% | $202K | $13K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.746 | −0.017% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.775 | +0.015% | $392K | $164K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0116% | 4h | 92.666 | −0.103% | $5.0M | $29.5M | 30x | as long as short |
| Injective HYPE/USDC PERPshort | +0.0150% | 1h | 93.000 | +0.257% | $30K | $339K | 12x | |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.810 | +0.052% | $4.7M | $5.5M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0239% | 8h | 92.825 | +0.068% | $1.8M | $5.4M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0262% | 1h | 92.773 | +0.012% | $79K | $132K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.784 | +0.025% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0331% | 1h | 92.843 | +0.088% | $20.6M | $30.5M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.775 | +0.015% | $16.7M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0429% | 1h | 92.869 | +0.116% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.842 | +0.087% | $3.2M | $6.4M | 20x | as long as short |
Bullet HYPE-USD
Ondo Perps HYPE-USD.P
BingX HYPE-USDT
Aster HYPEUSDT
Phoenix HYPE
Bybit HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC