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

BIGTIME

all BIGTIME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+3.9802%/8h= +4358.4% APRnext payment +$49.75 per $10,000 · paid last 24h −1.688%
Price spread now: Kraken Futures against Hyperliquid+0.551%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno 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 +$1,194 a day on $10k at the current rate, and Kraken Futures is 0.551% dearer against Hyperliquid than usual: you sell high and buy low: +$55 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BIGTIME0.0082190.0100pay 0.0013% / 1h42m 15s$126K$94K3x
ShortKraken Futures PF_BIGTIMEUSD0.0082643.9902get 0.4988% / 1h42m 15s$8K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$8,358.51
Price spread: +0.551% → 0.000%
$55.07
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$8,394.58
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Hyperliquid: live order book, 27 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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 ago1.82 bp21.9 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BIGTIME on 12 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
BloFin BIGTIME-USDT+0.0044%4h0.008257+0.462%$70K$10K50xas long as short
Hyperliquid BIGTIMElong+0.0100%1h0.008219long leg$126K$94K3x
Binance BIGTIMEUSDT+0.0100%4h0.0082190.000%$1.8M$2.2M50xas long as short
Bybit BIGTIMEUSDT+0.0100%4h0.008220+0.012%$700K$653K25xas long as short
OKX BIGTIME-USDT-SWAP+0.0100%4h0.008221+0.024%$432K$349K10xas long as short
Gate BIGTIME_USDT+0.0100%4h0.008230+0.134%$60K$32K50xas long as short
MEXC BIGTIME_USDT+0.0100%4h0.008218−0.012%$459K$181K125xas long as short
KuCoin BIGTIMEUSDTM+0.0100%4h0.008228+0.110%$235K$30K20xas long as short
Bitget BIGTIMEUSDT+0.0100%4h0.008230+0.134%$550K$228K50xas long as short
BingX BIGTIME-USDT+0.0100%4h0.008217−0.024%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BIGTIME+0.0100%4h0.008253+0.408%$10K$555as long as short
Kraken Futures PF_BIGTIMEUSDshort+3.9902%1h0.008264+0.551%$8K$7K10x