Funding you earn now, next payment 23:00 UTC+0.1724%/8h= +188.7% APRpaid last 24h +0.260%
Price spread now: Hyperliquid against BingX+0.297%7-day average +0.319% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.661%+$66 on $10k
+Price spread, last 7 days−0.066%−$7 · spread now +0.297%, 7d avg +0.319%
=Together, before fees+0.594%+ Points / potential airdropHyperliquid: Season 2 · farm board+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.022% cheaper against BingX than usual: you would sell low and buy high (spread +0.297% now, against its 7-day average of +0.319%). If the spread goes back, that is −$2 on $10k: about 1 hour of funding at the current rate (+$52 a day). At the pace of the last 7 days (+0.661% in total) that is about 6 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.661% in total (about 34.5% 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 | BingX APEX-USDT | 0.2556 | 0.0100 | pay 0.0050% / 4h | 1h 02m | — | $1.3M | — |
| Short | Hyperliquid APEX | 0.2564 | 0.1824 | get 0.0228% / 1h | 2m 37s | $2.9M | $119K | 3x |
BingX APEX-USDT
Hyperliquid APEXFunding 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
- $361.97
- Price spread: +0.297% → +0.319%
- −$2.18
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $340.79
- Costs to cover
- 0.190%
- Break-even
- 0.4 days
Slippage unknown: BingX: live order book, 8 min ago; Hyperliquid: live order book, 9 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 BingX live order book, 8 min ago | 27.36 bp | 70.8 bp −$71 | 314.9 bp −$3,149 | 830.5 bp −$83.0K | 1147.6 bp −$573.8K |
| Sell Hyperliquid live order book, 9 min ago | 4.87 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
APEX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APEX-USDT | +0.0047% | 4h | 0.2545 | −0.430% | $93K | $2K | 25x | as long as short |
| Bybit APEXUSDT | +0.0100% | 4h | 0.2556 | 0.000% | $3.6M | $1.3M | 25x | as long as short |
| MEXC APEX_USDT | +0.0100% | 4h | 0.2556 | 0.000% | $602K | $253K | 50x | as long as short |
| BingX APEX-USDTlong | +0.0100% | 4h | 0.2556 | long leg | — | $1.3M | — | |
| Variational Omni APEX | +0.0100% | 4h | 0.2557 | +0.026% | $19K | $6K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2554 | −0.078% | $136K | $470K | 50x | as long as short |
| Lighter APEX | +0.1464% | 1h | 0.2566 | +0.379% | $54K | $21K | 5x | as long as short |
| Hyperliquid APEXshort | +0.1824% | 1h | 0.2564 | +0.297% | $2.9M | $119K | 3x |
BloFin APEX-USDT
Bybit APEXUSDT
MEXC APEX_USDT
Variational Omni APEX
ApeX Omni APEXUSDT
Lighter APEX