Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: BingX against Hyperliquid+0.040%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$990.989% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.040%, 7d avg +0.025%
=Together, before fees+0.124%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ALT | 0.007492 | 0.0100 | pay 0.0013% / 1h | 24m 24s | $1.1M | $185K | 3x |
| Short | BingX ALT-USDT | 0.007495 | 0.0100 | get 0.0050% / 4h | 1h 24m | — | $1.3M | — |
Hyperliquid ALT
BingX ALT-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
- $0
- Price spread: +0.040% → +0.025%
- $1.5
- Slippage, 4 orders
- −$79.92
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$97.42
- Costs to cover
- 0.989%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; BingX: 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 Hyperliquid live order book, 6 min ago | 2.67 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 5.35 bp | 21.9 bp −$22 | 60.5 bp −$605 | 533.5 bp −$53.4K | 779.6 bp −$389.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | −0.0191% | 4h | 0.007483 | −0.126% | $4K | $12K | — | as long as short |
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007496 | +0.053% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −1.482% | $815 | $4K | 5.5x | as long as short |
| Bybit ALTUSDT | +0.0045% | 4h | 0.007487 | −0.067% | $1.2M | $1.6M | 25x | as long as short |
| Hyperliquid ALTlong | +0.0100% | 1h | 0.007492 | long leg | $1.1M | $185K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007497 | +0.073% | $2.6M | $3.5M | 50x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007483 | −0.120% | $50K | $416K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007497 | +0.067% | $388K | $190K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007493 | +0.013% | $149K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007482 | −0.133% | $615K | $100K | 50x | as long as short |
Variational Omni ALT
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
Bybit ALTUSDT
Binance ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDTshort | +0.0100% | 4h | 0.007495 | +0.040% | — | $1.3M | — | |
| BloFin ALT-USDT | +0.0148% | 4h | 0.007489 | −0.040% | $172K | $9K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0348% | 1h | 0.007498 | +0.084% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0448% | 1h | 0.007518 | +0.347% | $14K | $3K | 50x | as long as short |
BloFin ALT-USDT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX