Funding you earn now, next payment 04:00 UTC+0.0134%/8h= +14.7% APRpaid last 24h +0.007%
Price spread now: Hyperliquid against BingX+0.095%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$470.474% of the position
Funding, last 7 days−0.026%−$3 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.095% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BCH-USDC | 263.92 | −0.0034 | get 0.0034% / 8h | 4h 57m | — | $6.5M | — |
| Short | Hyperliquid BCH | 264.17 | 0.0100 | get 0.0013% / 1h | 57m 50s | $5.7M | $4.7M | 10x |
BingX BCH-USDC
Hyperliquid BCHFunding 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
- $28.14
- Price spread: +0.095% → 0.000%
- $9.51
- Slippage, 4 orders
- −$28.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$9.73
- Costs to cover
- 0.474%
- Break-even
- 9.4 days
Slippage from BingX: live order book, 8 min ago; Hyperliquid: live order book, 4 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 | 1.70 bp | 15.2 bp −$15 | 29.7 bp −$297 | 123.3 bp −$12.3K | 430.3 bp −$215.1K |
| Sell Hyperliquid live order book, 4 min ago | 0.75 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.0926% | 8h | 264.52 | +0.227% | $2K | $1.7M | 30x | as long as short |
| SoDEX BCH-USD | −0.0396% | 1h | 264.51 | +0.224% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0369% | 8h | 264.63 | +0.269% | $769K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0357% | 8h | 264.53 | +0.231% | $4.9M | $6.4M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0165% | 1h | 264.69 | +0.292% | $443K | $331K | 25x | as long as short |
| GRVT BCH_USDT_Perp | −0.0125% | 8h | 264.68 | +0.286% | $386K | $17K | 10x | as long as short |
| Binance BCHUSDT | −0.0106% | 8h | 263.94 | +0.008% | $71.9M | $213.4M | 75x | as long as short |
| MEXC BCH_USDT | −0.0105% | 8h | 264.27 | +0.133% | $69.7M | $7.1M | 200x | as long as short |
| Extended BCH-USD | −0.0104% | 1h | 263.69 | −0.087% | $112K | $952K | 25x | as long as short |
| Gate BCH_USDT | −0.0104% | 8h | 264.18 | +0.099% | $8.3M | $13.2M | 75x | as long as short |
SunX BCH-USDT
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
GRVT BCH_USDT_Perp
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Gate BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 264.80 | +0.333% | $222K | $1.8M | 50x | as long as short |
| Variational Omni BCH | −0.0101% | 8h | 264.60 | +0.256% | $81K | $201K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0080% | 8h | 263.70 | −0.083% | $24.9M | $73.7M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0079% | 8h | 264.30 | +0.144% | $8.5M | $7.1M | 75x | as long as short |
| Bitget BCHUSDT | −0.0072% | 8h | 263.91 | −0.004% | $19.0M | $28.1M | 75x | as long as short |
| Nado BCH-PERP | −0.0045% | 1h | 264.58 | +0.252% | $420K | $339K | 10x | as long as short |
| Bybit BCHUSDT | −0.0043% | 8h | 263.75 | −0.064% | $39.0M | $31.0M | 75x | as long as short |
| BingX BCH-USDClong | −0.0034% | 8h | 263.92 | long leg | — | $6.5M | — | |
| ApeX Omni BCHUSDT | −0.0020% | 1h | 264.85 | +0.352% | $96K | $228K | 50x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.85 | +0.351% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.17 | +0.096% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.35 | +0.542% | $1.1M | $10.2M | 2.7x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 264.75 | +0.316% | $848K | $3.0M | 50x | as long as short |
| BloFin BCH-USDT | +0.0014% | 8h | 265.08 | +0.440% | $3.9M | $4.2M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0033% | 8h | 264.54 | +0.235% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.380% | $721 | $130K | 12x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 263.93 | +0.005% | $160K | $321K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 263.97 | +0.019% | $361K | $482K | 10x | as long as short |
| Hyperliquid BCHshort | +0.0100% | 1h | 264.17 | +0.095% | $5.7M | $4.7M | 10x | |
| Aster BCHUSDT | +0.0100% | 8h | 264.41 | +0.186% | $167K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.55 | +0.239% | $19K | $291K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0356% / S −0.0525% | 1h | 264.77 | +0.322% | $25K | — | 100x | as long as short |
Coinbase International BCH-PERP-INTX
Variational Omni BCH
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
Nado BCH-PERP
Bybit BCHUSDT
ApeX Omni BCHUSDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Kraken Futures PF_BCHUSD
BloFin BCH-USDT
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
Pacifica BCH
Lighter BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]