Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX+0.119%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$940.944% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 7 days−0.098%−$10 · spread now +0.119%, 7d avg −0.014%
=Together, before fees−0.219%+ Points / potential airdropHyperliquid: Season 2 · farm board−$22 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 0.133% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALT-USDT | 0.007589 | 0.0100 | pay 0.0050% / 4h | 57m 33s | — | $1.3M | — |
| Short | Hyperliquid ALT | 0.007598 | 0.0100 | get 0.0013% / 1h | 57m 33s | $1.1M | $193K | 3x |
Funding 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: +0.119% → −0.014%
- $13.27
- Slippage, 4 orders
- −$75.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$81.12
- Costs to cover
- 0.944%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Hyperliquid: live order book, 3 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, 2 min ago | 4.60 bp | 22.9 bp −$23 | 83.3 bp −$833 | 627.1 bp −$62.7K | 810.8 bp −$405.4K |
| Sell Hyperliquid live order book, 3 min ago | 3.94 bp | 14.8 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
ALT on 14 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 ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007610 | +0.277% | — | $0 | 25x | as long as short |
| BloFin ALT-USDT | +0.0063% | 4h | 0.007610 | +0.277% | $125K | $10K | 50x | as long as short |
| Hyperliquid ALTshort | +0.0100% | 1h | 0.007598 | +0.119% | $1.1M | $193K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007592 | +0.040% | $2.6M | $3.7M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007579 | −0.132% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007587 | −0.026% | $48K | $389K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007597 | +0.105% | $404K | $183K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007615 | +0.343% | $151K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007580 | −0.119% | $598K | $107K | 50x | as long as short |
| BingX ALT-USDTlong | +0.0100% | 4h | 0.007589 | long leg | — | $1.3M | — |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.0100% | 4h | 0.007607 | +0.243% | $4K | $16K | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0314% | 1h | 0.007612 | +0.309% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0456% | 1h | 0.007700 | +1.463% | $14K | $3K | 50x | as long as short |
| Injective ALT/USDC PERP | +0.5000% | 1h | 0.007691 | +1.344% | $837 | $4K | 5.5x | as long as short |
BingX ALT-USDT
Hyperliquid ALT
Deribit ALT_USDC-PERPETUAL
BloFin ALT-USDT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
Variational Omni ALT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP