Funding you earn now, next payment 05:00 UTC+0.1072%/8h= +117.3% APRpaid last 24h +0.250%
Price spread now: Hyperliquid against BingX+0.333%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$880.884% of the position
Funding, last 7 days+0.485%+$49 on $10k
+Price spread, last 4 days (all we have)−0.239%−$24 · spread now +0.333%, 7d avg +0.066%
=Together, before fees+0.246%+ Points / potential airdropHyperliquid: Season 2 · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Hyperliquid is 0.267% dearer against BingX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.066%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.485% in total (about 25.3% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BSV-USDT | 19.230 | 0.0100 | pay 0.0050% / 4h | 3h 34m | — | $2.4M | — |
| Short | Hyperliquid BSV | 19.294 | 0.1172 | get 0.0146% / 1h | 34m 01s | $699K | $287K | 3x |
BingX BSV-USDT
Hyperliquid BSVFunding 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
- $225.05
- Price spread: +0.333% → +0.066%
- $26.72
- Slippage, 4 orders
- −$69.36
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $163.42
- Costs to cover
- 0.884%
- Break-even
- 1.9 days
Slippage from BingX: live order book, 15 min ago; Hyperliquid: live order book, 56 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, 15 min ago | 7.75 bp | 25.7 bp −$26 | 90.0 bp −$900 | 418.0 bp −$41.8K | 484.9 bp −$242.4K |
| Sell Hyperliquid live order book, 56 min ago | 3.87 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
BSV on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSVUSDT | +0.0100% | 4h | 19.277 | +0.244% | $1.9M | $3.9M | 75x | as long as short |
| Bybit BSVUSDT | +0.0100% | 4h | 19.259 | +0.151% | $1.6M | $1.2M | 75x | as long as short |
| Gate BSV_USDT | +0.0100% | 4h | 19.220 | −0.052% | $1.8M | $2.5M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 19.280 | +0.260% | $2.6M | $657K | 125x | as long as short |
| KuCoin BSVUSDTM | +0.0100% | 4h | 19.300 | +0.364% | $679K | $86K | 30x | as long as short |
| Bitget BSVUSDT | +0.0100% | 4h | 19.240 | +0.052% | $2.0M | $800K | 75x | as long as short |
| BingX BSV-USDTlong | +0.0100% | 4h | 19.230 | long leg | — | $2.4M | — | |
| BloFin BSV-USDT | +0.0150% | 4h | 19.270 | +0.208% | $126K | $210K | 75x | as long as short |
| Hyperliquid BSVshort | +0.1172% | 1h | 19.294 | +0.333% | $699K | $287K | 3x | |
| Injective BSV/USDC PERP | +0.1376% | 1h | 19.240 | +0.052% | $4K | $93K | 5.5x | as long as short |
Binance BSVUSDT
Bybit BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
KuCoin BSVUSDTM
Bitget BSVUSDT
BloFin BSV-USDT
Injective BSV/USDC PERP