Funding you earn now, next payment 22:00 UTC−0.0179%/8h= −19.6% APRpaid last 24h −0.057%
Price spread now: Hotstuff against Paradex−0.009%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex HYPE-USD-PERP | 93.244 | 0.0099 | pay 0.0099% / 8h | 2h 06m | $339K | $170K | 20x |
| Short | Hotstuff HYPE-PERP | 93.236 | −0.0080 | pay 0.0010% / 1h | 6m 39s | $3K | $331 | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Paradex. 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
- −$37.62
- Price spread: −0.009% → 0.000%
- −$0.91
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$47.53
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Paradex: live order book, 17 min ago; Hotstuff: no order-book sample. 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 Paradex live order book, 17 min ago | 16.62 bp | 18.6 bp −$19 | 145.8 bp −$1,458 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0856% | 1h | 93.329 | +0.091% | $197K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0258% | 1h | 93.394 | +0.160% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0230% | 1h | 93.210 | −0.037% | $700K | $934K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.237 | −0.008% | $90K | $358K | 20x | as long as short |
| Hotstuff HYPE-PERPshort | −0.0080% | 1h | 93.236 | −0.009% | $3K | $331 | 25x | |
| Derive HYPE-PERP | −0.0035% | 1h | 93.223 | −0.023% | $16.4M | $7.1M | 10x | as long as short |
| Bullet HYPE-USD | −0.0028% | 1h | 93.274 | +0.032% | $111K | $580K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.280 | +0.038% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.323 | +0.085% | $23K | $334K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.316 | +0.076% | $20K | — | 150x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0011% | 4h | 93.238 | −0.006% | $8.9M | $35.8M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0030% | 8h | 93.220 | −0.026% | $324.6M | $287.2M | 75x | as long as short |
| Gate HYPE_USDT | +0.0030% | 4h | 93.227 | −0.019% | $43.9M | $57.8M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0032% | 1h | 93.232 | −0.013% | $58K | $1.2M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0053% | 4h | 93.288 | +0.047% | $165K | $538K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.345 | +0.108% | $215K | $1.2M | 10x | as long as short |
| SoDEX HYPE-USD | +0.0089% | 1h | 93.255 | +0.011% | $2.0M | $2.0M | 10x | as long as short |
| Vest HYPE-PERP | +0.0094% | 1h | 93.335 | +0.097% | — | $454K | 5x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.270 | +0.027% | $18.6M | $60.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.250 | +0.006% | $3.1M | $12.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0099% | 1h | 93.277 | +0.035% | $75K | $168K | 20x | as long as short |
| Paradex HYPE-USD-PERPlong | +0.0099% | 8h | 93.244 | long leg | $339K | $170K | 20x | |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.250 | +0.006% | $36K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.305 | +0.065% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.351 | +0.114% | $2.03B | $670.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.264 | +0.021% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.219 | −0.027% | $384.7M | $889.8M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.215 | −0.032% | $114.5M | $314.4M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.199 | −0.049% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.285 | +0.043% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.219 | −0.027% | $93.0M | $82.4M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.259 | +0.016% | $46.1M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.234 | −0.011% | $226.5M | $102.6M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.221 | −0.025% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.303 | +0.063% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.263 | +0.019% | $29.1M | $50.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.304 | +0.064% | $7.5M | $45.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.276 | +0.034% | $405K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.340 | +0.102% | $675K | $2.5M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.338 | +0.100% | $493K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.300 | +0.060% | $32K | $1.6M | 20x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.303 | +0.063% | $12.7M | $2.6M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0101% | 8h | 93.392 | +0.158% | $1.9M | $5.2M | 2.3x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.206 | −0.041% | $18.4M | $41.7M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.275 | +0.033% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0113% | 4h | 93.268 | +0.025% | $5.1M | $29.4M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.390 | +0.156% | $4.9M | $5.7M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0221% | 1h | 93.371 | +0.136% | $7.4M | $4.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.304 | +0.063% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.910 | +0.714% | $31K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0292% | 4h | 93.477 | +0.249% | $1.5M | $7.7M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.331 | +0.092% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.275 | +0.033% | $17.1M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.292 | +0.051% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0574% | 1h | 93.395 | +0.162% | $19.1M | $26.2M | 50x | as long as short |
Paradex HYPE-USD-PERP
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Derive HYPE-PERP
Bullet HYPE-USD
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Bybit HYPEUSDT
Gate HYPE_USDT
Popdex HYPEUSDT
Phoenix HYPE
SoDEX HYPE-USD
Lighter HYPE
Lighter RH HYPE
Bluefin HYPE-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
Phemex HYPEUSDT
Kalshi KXHYPEPERP
Extended HYPE-USD
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Deribit HYPE_USDC-PERPETUAL
Injective HYPE/USDC PERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD