Funding you earn now, next payment 23:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.062%
Price spread now: Hyperliquid against BingX+0.188%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 7 days−0.147%−$15 · spread now +0.188%, 7d avg +0.110%
=Together, before fees+0.032%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.078% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDT | 0.2233 | 0.0077 | pay 0.0077% / 8h | 1h 24m | — | $53.3M | — |
| Short | Hyperliquid ARB | 0.2237 | 0.0100 | get 0.0013% / 1h | 24m 36s | $40.0M | $50.5M | 10x |
BingX ARB-USDT
Hyperliquid ARBFunding 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
- $4.83
- Price spread: +0.188% → +0.110%
- $7.84
- Slippage, 4 orders
- −$10.76
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.1
- Costs to cover
- 0.298%
- Break-even
- 31.8 days
Slippage from BingX: live order book, 4 min ago; Hyperliquid: live order book, 9 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, 4 min ago | 1.12 bp | 6.1 bp −$6 | 7.0 bp −$70 | 16.9 bp −$1,687 | 52.7 bp −$26.4K |
| Sell Hyperliquid live order book, 9 min ago | 1.12 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1770% | 1h | 0.2224 | −0.381% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2233 | +0.009% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0181% | 1h | 0.2236 | +0.170% | $4K | $2.8M | 5x | as long as short |
| Variational Omni ARB | −0.0164% | 8h | 0.2235 | +0.124% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0146% | 8h | 0.2232 | −0.036% | $57.6M | $133.6M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0123% | 1h | 0.2235 | +0.103% | $71K | $2.0M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0103% | 8h | 0.2233 | 0.000% | $22.4M | $160.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2234 | +0.058% | $37.4M | $62.6M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0063% | 1h | 0.2237 | +0.184% | $26K | $32K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0034% | 8h | 0.2235 | +0.112% | $11K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
Bybit ARBUSDT
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0008% | 8h | 0.2233 | +0.034% | $63.7M | $317.7M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2231 | −0.047% | $356K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2235 | +0.099% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2237 | +0.188% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0027% | 8h | 0.2233 | +0.031% | $5.4M | $20.7M | 60x | as long as short |
| Bitget ARBUSDT | +0.0073% | 8h | 0.2233 | +0.022% | $20.9M | $37.3M | 50x | as long as short |
| BingX ARB-USDTlong | +0.0077% | 8h | 0.2233 | long leg | — | $53.3M | — | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2237 | +0.189% | $146K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2238 | +0.265% | $1.1M | $5.1M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2235 | +0.130% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARBshort | +0.0100% | 1h | 0.2237 | +0.188% | $40.0M | $50.5M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2237 | +0.188% | $695K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2236 | +0.153% | $44K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2235 | +0.121% | $20.6M | $16.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2237 | +0.185% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2237 | +0.202% | $485K | $3.9M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2236 | +0.157% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2239 | +0.291% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2233 | +0.031% | $276K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2235 | +0.112% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0111% | 8h | 0.2233 | +0.027% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2240 | +0.336% | $506K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2237 | +0.209% | $838K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2234 | +0.079% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2235 | +0.106% | $494K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0615% | 1h | 0.2237 | +0.215% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
Lighter ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP