Funding you earn now, next payment 21:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.024%
Price spread now: Extended against Hyperliquid−0.181%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$830.834% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.181%, 7d avg −0.157%
=Together, before fees−0.092%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$9 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: Extended is 0.024% cheaper against Hyperliquid than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.157%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AR | 4.5067 | 0.0100 | pay 0.0013% / 1h | 4m 52s | $3.8M | $4.9M | 5x |
| Short | Extended AR-USD | 4.4985 | 0.0104 | get 0.0013% / 1h | 4m 52s | $37K | $237K | 10x |
Hyperliquid AR
Extended AR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.181% → −0.157%
- −$2.38
- Slippage, 4 orders
- −$69.44
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$84.99
- Costs to cover
- 0.834%
- Break-even
- 715.2 days
Slippage from Hyperliquid: live order book, 7 min ago; Extended: live order book, 22 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, 7 min ago | 3.67 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 22 min ago | 5.77 bp | 27.8 bp −$28 | 262.2 bp −$2,622 | doesn't fit | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.2069% | 1h | 4.4966 | −0.223% | $46K | $155K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.4998 | −0.154% | $579K | — | 50x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | +1.449% | $3K | $376 | 5.5x | as long as short |
| Hyperliquid ARlong | +0.0100% | 1h | 4.5067 | long leg | $3.8M | $4.9M | 5x | |
| Aster ARUSDT | +0.0100% | 8h | 4.5011 | −0.125% | $20K | $639K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.5009 | −0.129% | $8.8M | $57.4M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.4957 | −0.244% | $4.7M | $9.1M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.4960 | −0.237% | $2.3M | $21.2M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.4990 | −0.171% | $2.6M | $2.4M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.4980 | −0.193% | $6.7M | $5.0M | 100x | as long as short |
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
Gate AR_USDT
MEXC AR_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARUSDTM | +0.0100% | 8h | 4.5020 | −0.104% | $1.5M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.4960 | −0.237% | $3.8M | $5.7M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.5020 | −0.104% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.5056 | −0.024% | $138K | $173K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.5080 | +0.029% | $57K | $747K | 50x | as long as short |
| Extended AR-USDshort | +0.0104% | 1h | 4.4985 | −0.181% | $37K | $237K | 10x | |
| BloFin AR-USDT | +0.0220% | 8h | 4.4940 | −0.282% | $423K | $679K | 20x | as long as short |
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
BloFin AR-USDT