Funding you earn now, next payment 01:00 UTC−0.0722%/8h= −79.0% APRpaid last 24h −0.030%
Price spread now: BingX against Hyperliquid−0.200%7-day average −0.104% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.225%−$23 on $10k
+Price spread, last 7 days+0.162%+$16 · spread now −0.200%, 7d avg −0.104%
=Together, before fees−0.063%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and BingX is 0.096% cheaper against Hyperliquid than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.104%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.225% in total (about -11.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AERO | 0.6985 | 0.0822 | pay 0.0103% / 1h | 21m 03s | $23.6M | $5.0M | 3x |
| Short | BingX AERO-USDT | 0.6971 | 0.0100 | get 0.0050% / 4h | 3h 21m | — | $1.8M | — |
Hyperliquid AERO
BingX AERO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Hyperliquid. 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
- −$151.58
- Price spread: −0.200% → −0.104%
- −$9.59
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$180.17
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 12 min ago; BingX: live order book, 12 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 Hyperliquid live order book, 12 min ago | 1.14 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 2.15 bp | 17.2 bp −$17 | 35.6 bp −$356 | 169.1 bp −$16.9K | 696.7 bp −$348.3K |
AERO on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6971 | −0.200% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −1.188% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6973 | −0.174% | $40K | $114K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6972 | −0.180% | $26.5M | $26.3M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6969 | −0.229% | $22.5M | $20.6M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6975 | −0.143% | $2.3M | $6.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6967 | −0.258% | $1.6M | $495K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6972 | −0.186% | $8.3M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6977 | −0.115% | $2.2M | $937K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6969 | −0.229% | $4.1M | $2.1M | 75x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDTshort | +0.0100% | 4h | 0.6971 | −0.200% | — | $1.8M | — | |
| Variational Omni AERO | +0.0100% | 4h | 0.6970 | −0.210% | $2.0M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6972 | −0.180% | $216K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6968 | −0.249% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6971 | −0.201% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6974 | −0.157% | $943K | $717K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0456% | 1h | 0.6972 | −0.189% | $189 | $111 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0511% / S −0.0240% | 1h | 0.6969 | −0.226% | $91K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0687% | 1h | 0.6972 | −0.190% | $220K | $389K | 3x | as long as short |
| Hyperliquid AEROlong | +0.0822% | 1h | 0.6985 | long leg | $23.6M | $5.0M | 3x | |
| Backpack AERO_USDC_PERP | +0.1407% | 1h | 0.6981 | −0.057% | $134K | $307K | 15x | as long as short |
| Lighter AERO | +0.1616% | 1h | 0.6991 | +0.082% | $1.3M | $460K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.6981 | −0.057% | $92K | $35K | 25x | as long as short |
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Lighter AERO
Coinbase International AERO-PERP-INTX