Settings8H · net · $10k
Funding arb · Price arb /

BIGTIME

all BIGTIME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid−0.096%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$830.833% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.096%, 7d avg −0.007%
Together, before fees+0.084%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 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: BingX is 0.090% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BIGTIME0.0082990.0100pay 0.0013% / 1h12m 12s$126K$97K3x
ShortBingX BIGTIME-USDT0.0082910.0100get 0.0050% / 4h2h 12m$2.3M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.096% → −0.007%
−$8.98
Slippage, 4 orders
−$64.34
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$92.32
Costs to cover
0.833%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 27 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 27 min ago1.81 bp25.0 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago4.22 bp22.7 bp −$2350.7 bp −$507423.6 bp −$42.4K521.0 bp −$260.5K

BIGTIME on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BIGTIMEUSD−0.0288%1h0.008293−0.068%$8K$5K10xas long as short
Hyperliquid BIGTIMElong+0.0100%1h0.008299long leg$126K$97K3x
Binance BIGTIMEUSDT+0.0100%4h0.008294−0.060%$1.8M$2.3M50xas long as short
Bybit BIGTIMEUSDT+0.0100%4h0.008290−0.108%$677K$609K25xas long as short
OKX BIGTIME-USDT-SWAP+0.0100%4h0.008289−0.120%$437K$403K10xas long as short
Gate BIGTIME_USDT+0.0100%4h0.008283−0.193%$59K$31K50xas long as short
MEXC BIGTIME_USDT+0.0100%4h0.008292−0.084%$465K$193K125xas long as short
KuCoin BIGTIMEUSDTM+0.0100%4h0.008284−0.181%$244K$26K20xas long as short
Bitget BIGTIMEUSDT+0.0100%4h0.008303+0.048%$596K$230K50xas long as short
BingX BIGTIME-USDTshort+0.0100%4h0.008291−0.096%$2.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BIGTIME+0.0100%4h0.008291−0.097%$10K$1Kas long as short