Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%
Price spread now: Nado against SunX+0.027%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$640.641% of the position
Funding, last 3 days (all we have)−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)−0.110%−$11 · spread now +0.027%, 7d avg −0.070%
=Together, before fees−0.130%+ Points / potential airdropNado: Active · farm board−$13 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 0.097% dearer against SunX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX HYPE-USDT | 93.280 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $32K | $1.6M | 20x |
| Short | Nado HYPE-PERP | 93.305 | 0.0100 | get 0.0012% / 1h | 43m 45s | $6.6M | $44.7M | 10x |
SunX HYPE-USDT
Nado HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against SunX. 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
- Price spread: +0.027% → −0.070%
- $9.75
- Slippage, 4 orders
- −$49.08
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$54.34
- Costs to cover
- 0.641%
- Break-even
- never at this rate
Slippage from SunX: live order book, 11 min ago; Nado: live order book, 5 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 SunX live order book, 11 min ago | 19.33 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 5 min ago | 0.05 bp | 3.6 bp −$4 | 5.0 bp −$50 | 26.9 bp −$2,689 | 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 | −0.1008% | 1h | 93.199 | −0.087% | $196K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.123 | −0.168% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0171% | 1h | 93.328 | +0.052% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0128% | 1h | 93.120 | −0.172% | $698K | $976K | 10x | as long as short |
| Backpack HYPE_USDC_PERP | −0.0106% | 1h | 93.338 | +0.062% | $7.8M | $10.4M | 20x | as long as short |
| Gate HYPE_USDT | −0.0090% | 4h | 93.340 | +0.064% | $44.2M | $54.0M | 75x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.300 | +0.021% | $84K | $361K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.214 | −0.071% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0054% | 4h | 93.305 | +0.027% | $156K | $652K | 20x | as long as short |
| Aster HYPEUSDT | −0.0034% | 4h | 93.352 | +0.077% | $8.9M | $36.3M | 300x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Backpack HYPE_USDC_PERP
Gate HYPE_USDT
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Aster HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HYPEUSDT | −0.0031% | 8h | 93.331 | +0.055% | $12.7M | $2.7M | 50x | as long as short |
| Bluefin HYPE-PERP | −0.0009% | 1h | 93.343 | +0.068% | $79K | $173K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.239 | −0.044% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.319 | +0.042% | $22K | $333K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.350 | +0.075% | $26K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0007% | 8h | 93.366 | +0.092% | $319.3M | $283.3M | 75x | as long as short |
| BingX HYPE-USDT | +0.0018% | 4h | 93.383 | +0.110% | — | $54.3M | — | as long as short |
| Binance HYPEUSDT | +0.0041% | 4h | 93.390 | +0.118% | $380.0M | $905.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0042% | 4h | 93.358 | +0.084% | $88.1M | $82.4M | 100x | as long as short |
| Bullet HYPE-USD | +0.0047% | 1h | 93.299 | +0.020% | $112K | $579K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0059% | 4h | 93.354 | +0.079% | $5.1M | $30.0M | 30x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.190 | −0.096% | $212K | $1.2M | 10x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0064% | 8h | 93.392 | +0.120% | $115.1M | $315.7M | 50x | as long as short |
| Derive HYPE-PERP | +0.0065% | 1h | 93.316 | +0.039% | $16.2M | $7.6M | 10x | as long as short |
| Aevo HYPE-PERP | +0.0088% | 1h | 93.370 | +0.097% | $397K | $177K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.371 | +0.097% | $16.4M | $62.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.361 | +0.087% | $3.1M | $11.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.294 | +0.015% | $65K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0096% | 8h | 93.271 | −0.010% | $339K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.290 | +0.011% | $35K | $1.6M | 10x | as long as short |
| Nado HYPE-PERPshort | +0.0100% | 1h | 93.305 | +0.027% | $6.6M | $44.7M | 10x | |
| Hyperliquid HYPE | +0.0100% | 1h | 93.474 | +0.208% | $2.04B | $675.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.269 | −0.012% | $10.0M | $14.7M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.404 | +0.132% | $203K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.379 | +0.106% | $46.0M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.398 | +0.127% | $226.0M | $100.7M | 75x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.241 | −0.042% | $30.9M | $55.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.420 | +0.150% | $7.5M | $47.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.381 | +0.108% | $337K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.282 | +0.002% | $666K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.312 | +0.035% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.306 | +0.028% | $467K | $2.5M | 20x | as long as short |
| SunX HYPE-USDTlong | +0.0100% | 4h | 93.280 | long leg | $32K | $1.6M | 20x | |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.356 | +0.081% | $2.0M | $2.0M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.320 | +0.043% | $18.4M | $44.4M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.260 | −0.021% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 93.130 | −0.161% | $30K | $338K | 12x | as long as short |
| BloFin HYPE-USDT | +0.0175% | 4h | 93.407 | +0.136% | $17.0M | $12.1M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0210% | 1h | 93.298 | +0.020% | $2.7M | $6.7M | 20x | as long as short |
| HTX HYPE-USDT | +0.0249% | 4h | 93.500 | +0.236% | $1.4M | $6.1M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0254% | 1h | 93.281 | +0.001% | $79K | $142K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0259% | 8h | 93.383 | +0.110% | $1.9M | $5.2M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0334% / S −0.0158% | 1h | 93.329 | +0.053% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0585% | 1h | 93.470 | +0.204% | $7.5M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0682% | 1h | 93.444 | +0.175% | $20.8M | $30.0M | 50x | as long as short |
Phemex HYPEUSDT
Bluefin HYPE-PERP
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
BingX HYPE-USDT
Binance HYPEUSDT
MEXC HYPE_USDT
Bullet HYPE-USD
edgeX HYPEUSDC
Phoenix HYPE
OKX HYPE-USDT-SWAP
Derive HYPE-PERP
Aevo HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SoDEX HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
BloFin HYPE-USDT
RISEx HYPE/USDC
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD