Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.2% APRpaid last 24h +0.007%
Price spread now: Hyperliquid against HTX+0.044%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$350.355% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)−0.172%−$17 · spread now +0.044%, 7d avg −0.011%
=Together, before fees−0.372%+ Points / potential airdropHyperliquid: Season 2 · farm board−$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.054% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.011%. Mind the row above: over the last 7 days funding on this pair cost −0.200%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ADA-USDT | 0.2467 | 0.0100 | pay 0.0100% / 8h | 4h 06m | $1.3M | $6.3M | 75x |
| Short | Hyperliquid ADA | 0.2469 | 0.0220 | get 0.0028% / 1h | 6m 06s | $43.6M | $15.1M | 10x |
HTX ADA-USDT
Hyperliquid ADAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against HTX. 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
- $25.27
- Price spread: +0.044% → −0.011%
- $5.44
- Slippage, 4 orders
- −$14.47
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$4.75
- Costs to cover
- 0.355%
- Break-even
- 8.3 days
Slippage from HTX: live order book, 3 min ago; Hyperliquid: live order book, 7 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 HTX live order book, 3 min ago | 2.85 bp | 11.3 bp −$11 | 26.2 bp −$262 | 51.3 bp −$5,133 | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.21 bp | 7.9 bp −$8 | 9.9 bp −$99 | doesn't fit | doesn't fit |
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2465 | −0.109% | $203K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2467 | −0.017% | $160K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2465 | −0.085% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.145% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2464 | −0.139% | $423K | $7.7M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0092% | 1h | 0.2466 | −0.050% | $6.3M | $12.5M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2468 | +0.015% | $2.4M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2466 | −0.069% | $1.2M | $988K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2466 | −0.056% | $160K | $160K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2466 | −0.058% | $104.5M | $370.2M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2465 | −0.098% | $71.9M | $108.5M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2467 | −0.017% | $33.0M | $105.4M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2464 | −0.139% | $98.3M | $59.8M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2466 | −0.058% | $61.7M | $61.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2466 | −0.074% | $29.8M | $15.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2466 | −0.058% | $66.4M | $49.5M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2465 | −0.098% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2466 | −0.041% | $130K | $445K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2465 | −0.095% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2476 | +0.333% | $66K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2476 | +0.362% | $299K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2476 | +0.348% | $228K | $747K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2466 | −0.049% | $94K | $689K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2465 | −0.098% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2467 | −0.011% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2467 | −0.019% | $9K | $729K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2466 | −0.045% | $339 | $13K | 10x | as long as short |
| HTX ADA-USDTlong | +0.0100% | 8h | 0.2467 | long leg | $1.3M | $6.3M | 75x | |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2467 | −0.017% | $48.1M | $6.6M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2466 | −0.066% | $536K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0109% | 8h | 0.2466 | −0.074% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2472 | +0.173% | $4K | $100K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2469 | +0.064% | $4.5M | $5.8M | 75x | as long as short |
| Hyperliquid ADAshort | +0.0220% | 1h | 0.2469 | +0.044% | $43.6M | $15.1M | 10x | |
| Reya ADARUSDPERP | +0.0278% | 1h | 0.2466 | −0.057% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0480% | 1h | 0.2467 | −0.001% | $598K | $488K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0595% / S −0.0547% | 1h | 0.2465 | −0.099% | $133K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]