Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Hyperliquid against BingX+0.038%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$860.862% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now +0.038%, 7d avg +0.073%
=Together, before fees+0.048%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 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: Hyperliquid is 0.035% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AXS-USDT | 1.0635 | 0.0100 | pay 0.0050% / 4h | 1h 56m | — | $2.6M | — |
| Short | Hyperliquid AXS | 1.0639 | 0.0100 | get 0.0013% / 1h | 56m 05s | $261K | $293K | 5x |
BingX AXS-USDT
Hyperliquid AXSFunding 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
- $0
- Price spread: +0.038% → +0.073%
- −$3.53
- Slippage, 4 orders
- −$67.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$89.69
- Costs to cover
- 0.862%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Hyperliquid: live order book, 13 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, 8 min ago | 4.25 bp | 17.8 bp −$18 | 43.0 bp −$430 | 365.2 bp −$36.5K | 503.1 bp −$251.5K |
| Sell Hyperliquid live order book, 13 min ago | 2.83 bp | 23.8 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
AXS on 20 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_AXSUSD | −0.0476% | 1h | 1.0640 | +0.050% | $139K | $321K | 20x | as long as short |
| OKX AXS-USDT-SWAP | +0.0027% | 4h | 1.0636 | +0.009% | $1.4M | $2.7M | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.799% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0071% | 4h | 1.0630 | −0.047% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0654 | +0.179% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXSshort | +0.0100% | 1h | 1.0639 | +0.038% | $261K | $293K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0639 | +0.041% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0637 | +0.022% | $5.9M | $9.3M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0637 | +0.019% | $3.2M | $3.6M | 75x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0636 | +0.009% | $959K | $1.0M | 50x | as long as short |
Kraken Futures PF_AXSUSD
OKX AXS-USDT-SWAP
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0632 | −0.028% | $11.1M | $718K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0630 | −0.047% | $581K | $294K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0630 | −0.047% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDTlong | +0.0100% | 4h | 1.0635 | long leg | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0599 | −0.342% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0595 | −0.373% | $755K | $888K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0639 | +0.038% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0635 | 0.000% | $695 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0636 | +0.006% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDT | +0.0129% | 4h | 1.0627 | −0.075% | $273K | $29K | 75x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT