Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bitget+0.142%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$640.642% of the position
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now +0.142%, 7d avg +0.080%
=Together, before fees−0.030%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 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 0.063% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALGOUSDT | 0.1125 | 0.0100 | pay 0.0100% / 8h | 1h 01m | $5.7M | $3.6M | 75x |
| Short | Hyperliquid ALGO | 0.1127 | 0.0100 | get 0.0013% / 1h | 1m 50s | $3.8M | $1.9M | 5x |
Bitget ALGOUSDT
Hyperliquid ALGOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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: +0.142% → +0.080%
- $6.25
- Slippage, 4 orders
- −$43.17
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$57.92
- Costs to cover
- 0.642%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Hyperliquid: live order book, 10 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 Bitget live order book, 1 min ago | 4.44 bp | 14.8 bp −$15 | 32.2 bp −$322 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.78 bp | 13.7 bp −$14 | 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 | −0.0372% | 1h | 0.1125 | −0.018% | $102K | $50K | 25x | as long as short |
| Injective ALGO/USDC PERP | −0.0295% | 1h | 0.1120 | −0.444% | $834 | $233K | 12x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0286% | 1h | 0.1125 | +0.018% | $837K | $1.2M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0097% | 8h | 0.1124 | −0.098% | $11.3M | $12.3M | 75x | as long as short |
| Variational Omni ALGO | −0.0086% | 8h | 0.1121 | −0.382% | $65K | $10K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0056% | 1h | 0.1121 | −0.391% | $62K | $332K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1125 | −0.001% | $6K | — | 150x | as long as short |
| Hyperliquid ALGOshort | +0.0100% | 1h | 0.1127 | +0.142% | $3.8M | $1.9M | 5x | |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1125 | −0.026% | $44K | $36K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1125 | −0.027% | $9.9M | $34.8M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERP
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
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 | 0.1124 | −0.089% | $3.0M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1124 | −0.071% | $888K | $856K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1125 | −0.027% | $23.4M | $2.8M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1125 | −0.027% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDTlong | +0.0100% | 8h | 0.1125 | long leg | $5.7M | $3.6M | 75x | |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1124 | −0.044% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1124 | −0.071% | $66K | $109K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1127 | +0.178% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1124 | −0.047% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1123 | −0.142% | $488K | $798K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0259% / S −0.0193% | 1h | 0.1125 | +0.027% | $5K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1525% | 1h | 0.1125 | −0.010% | $161K | $3K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD