All HYPE pairs

HYPE funding carry: Bybit vs Paradex

Entering and exiting this pair costs 15 bps of notional at taker fees (4 bps at maker). Funding has to pay that back before the trade is worth anything — here is how long that takes.

Right now

This pair is not in the ranking right now: at current funding it does not clear the round-trip cost above. That is the normal state — a pair is worth trading only in the windows where funding pays more than the entry.

Last 30 days

This pair has never cleared its round-trip cost while we were watching. A carry that never pays for the entry is not a trade, however good the gross APR looks.

Measured on 421 hours of ranking we recorded ourselves.

Round-trip cost

Venue Taker Maker Perp instrument
Bybit 5.5 2 HYPEUSDT
Paradex 2 0 HYPE-USD-PERP

Other HYPE pairs

How long funding takes to repay the entry

At a given gross funding APR, this is how many hours you must hold before the position has paid back entry and exit. Below that, a positive APR is still a loss.

Gross funding APR Taker in / out Maker in / out
5% 263h (10d) 70h (2d)
10% 131h (5d) 35h
20% 66h (2d) 18h
50% 26h 7h