Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX+0.172%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$570.566% of the position
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now +0.172%, 7d avg +0.088%
=Together, before fees−0.107%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 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: Hyperliquid is 0.084% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALGO-USDT | 0.1121 | 0.0100 | pay 0.0100% / 8h | 2h 16m | — | $3.3M | — |
| Short | Hyperliquid ALGO | 0.1123 | 0.0100 | get 0.0013% / 1h | 16m 21s | $3.8M | $1.9M | 5x |
BingX ALGO-USDT
Hyperliquid ALGOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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: +0.172% → +0.088%
- $8.37
- Slippage, 4 orders
- −$37.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$48.19
- Costs to cover
- 0.566%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Hyperliquid: 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 BingX live order book, 3 min ago | 3.57 bp | 14.6 bp −$15 | 34.1 bp −$341 | 264.8 bp −$26.5K | 676.8 bp −$338.4K |
| Sell Hyperliquid live order book, 5 min ago | 1.33 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
ALGO on 22 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 ALGO_USDC-PERPETUAL | −0.0729% | 1h | 0.1123 | +0.098% | $102K | $50K | 25x | as long as short |
| Injective ALGO/USDC PERP | −0.0212% | 1h | 0.1115 | −0.580% | $830 | $175K | 12x | as long as short |
| Bybit ALGOUSDT | −0.0117% | 8h | 0.1121 | −0.009% | $11.3M | $12.2M | 75x | as long as short |
| Variational Omni ALGO | −0.0084% | 8h | 0.1123 | +0.133% | $65K | $10K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0064% | 1h | 0.1124 | +0.241% | $62K | $332K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1123 | +0.148% | $6K | — | 150x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0092% | 1h | 0.1123 | +0.137% | $842K | $1.2M | 50x | as long as short |
| Hyperliquid ALGOshort | +0.0100% | 1h | 0.1123 | +0.172% | $3.8M | $1.9M | 5x | |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1121 | 0.000% | $44K | $31K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1122 | +0.036% | $10.0M | $34.8M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERP
Bybit ALGOUSDT
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
Kraken Futures PF_ALGOUSD
Aster ALGOUSDT
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1121 | −0.018% | $3.0M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1122 | +0.009% | $860K | $841K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1122 | +0.027% | $23.1M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1122 | +0.080% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1123 | +0.134% | $5.7M | $3.5M | 75x | as long as short |
| BingX ALGO-USDTlong | +0.0100% | 8h | 0.1121 | long leg | — | $3.3M | — | |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1121 | 0.000% | $66K | $109K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1124 | +0.223% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1122 | +0.022% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1122 | +0.053% | $491K | $797K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0237% / S −0.0158% | 1h | 0.1123 | +0.163% | $5K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1377% | 1h | 0.1124 | +0.198% | $161K | $5K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD