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

BSV

all BSV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1158%/8h= +126.8% APRpaid last 24h +0.239%
Price spread now: Hyperliquid against Binance+0.138%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$750.749% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.427%+$43 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.138%, 7d avg +0.046%
Together, before fees+0.325%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Hyperliquid is 0.092% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.046%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.427% in total (about 22.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BSVUSDT18.3220.0100pay 0.0050% / 4h1h 02m$1.7M$1.8M75x
ShortHyperliquid BSV18.3470.1258get 0.0157% / 1h2m 00s$552K$191K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Binance. 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
$243.27
Price spread: +0.138% → +0.046%
$9.21
Slippage, 4 orders
−$55.88
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$177.6
Costs to cover
0.749%
Break-even
1.9 days
Slippage from Binance: live order book, 2 min ago; Hyperliquid: live order book, 8 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 Binance live order book, 2 min ago2.73 bp14.7 bp −$1594.9 bp −$949doesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago1.09 bp21.7 bp −$22doesn't fitdoesn't fitdoesn't fit

BSV on 10 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
Injective BSV/USDC PERP−0.0043%1h18.370+0.264%$1K$88K5.5xas long as short
BloFin BSV-USDT+0.0085%4h18.310−0.064%$110K$206K75xas long as short
Binance BSVUSDTlong+0.0100%4h18.322long leg$1.7M$1.8M75x
Bybit BSVUSDT+0.0100%4h18.305−0.091%$1.5M$578K75xas long as short
Gate BSV_USDT+0.0100%4h18.300−0.118%$1.6M$1.3M50xas long as short
MEXC BSV_USDT+0.0100%4h18.320−0.009%$1.3M$382K125xas long as short
KuCoin BSVUSDTM+0.0100%4h18.370+0.264%$665K$60K30xas long as short
Bitget BSVUSDT+0.0100%4h18.300−0.118%$1.9M$426K75xas long as short
BingX BSV-USDT+0.0100%4h18.320−0.009%$2.3Mas long as short
Hyperliquid BSVshort+0.1258%1h18.347+0.138%$552K$191K3x