Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.1% APRpaid last 24h −0.057%
Price spread now: BingX against Hyperliquid−0.068%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.068% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ARB | 0.2203 | 0.0100 | pay 0.0013% / 1h | 32m 07s | $37.9M | $48.8M | 10x |
| Short | BingX ARB-USDT | 0.2201 | 0.0063 | get 0.0063% / 8h | 4h 32m | — | $53.9M | — |
Hyperliquid ARB
BingX ARB-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
- −$7.77
- Price spread: −0.068% → 0.000%
- −$6.81
- Slippage, 4 orders
- −$9.42
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$43
- Costs to cover
- 0.284%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 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, 11 min ago | 0.68 bp | 7.7 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 0.92 bp | 5.9 bp −$6 | 8.5 bp −$85 | 19.2 bp −$1,924 | 77.0 bp −$38.5K |
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 | −0.1649% | 1h | 0.2179 | −1.071% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2198 | −0.204% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0137% | 8h | 0.2201 | −0.091% | $22.1M | $148.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0136% | 8h | 0.2202 | −0.041% | $42.1M | $60.7M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0135% | 1h | 0.2200 | −0.136% | $89K | $2.2M | 10x | as long as short |
| Variational Omni ARB | −0.0112% | 8h | 0.2184 | −0.846% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0076% | 8h | 0.2201 | −0.073% | $12K | $395K | 10x | as long as short |
| Gate ARB_USDT | −0.0076% | 8h | 0.2202 | −0.023% | $5.3M | $18.8M | 60x | as long as short |
| Bybit ARBUSDT | −0.0034% | 8h | 0.2202 | −0.045% | $55.6M | $126.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2202 | −0.040% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Variational Omni ARB
Orderly PERP_ARB_USDC
Gate ARB_USDT
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2200 | −0.100% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2202 | −0.014% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2201 | −0.052% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2200 | −0.096% | $350K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0012% | 8h | 0.2202 | −0.027% | $64.0M | $307.4M | 75x | as long as short |
| BloFin ARB-USDT | +0.0035% | 8h | 0.2197 | −0.254% | $3.1M | $2.6M | 75x | as long as short |
| BingX ARB-USDTshort | +0.0063% | 8h | 0.2201 | −0.068% | — | $53.9M | — | |
| SoDEX ARB-USD | +0.0064% | 1h | 0.2202 | −0.045% | $10K | $2.3M | 5x | as long as short |
| Bitget ARBUSDT | +0.0065% | 8h | 0.2201 | −0.073% | $20.9M | $34.9M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2202 | −0.036% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2201 | −0.064% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARBlong | +0.0100% | 1h | 0.2203 | long leg | $37.9M | $48.8M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2201 | −0.064% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2200 | −0.104% | $42K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2202 | −0.009% | $19.5M | $15.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2190 | −0.594% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2191 | −0.539% | $474K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2191 | −0.527% | $118K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2203 | +0.018% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2200 | −0.100% | $299K | $952K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2201 | −0.073% | $4.9M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2201 | −0.073% | $492K | $1.9M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2199 | −0.146% | $461K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2201 | −0.074% | $824K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2199 | −0.143% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0610% | 1h | 0.2205 | +0.100% | $993K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
SoDEX ARB-USD
Bitget ARBUSDT
Aevo ARB-PERP
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
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP