Funding you earn now, next payment 23:00 UTC−0.0953%/8h= −104.4% APRpaid last 24h −0.239%
Price spread now: BingX against Hyperliquid−0.217%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$880.882% of the position
Funding, last 7 days−0.421%−$42 on $10k
+Price spread, last 4 days (all we have)+0.123%+$12 · spread now −0.217%, 7d avg −0.086%
=Together, before fees−0.298%+ Points / potential airdropHyperliquid: Season 2 · farm board−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and BingX is 0.131% cheaper against Hyperliquid than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.086%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.421% in total (about -21.9% 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 | Hyperliquid BSV | 18.450 | 0.1053 | pay 0.0132% / 1h | 41m 48s | $555K | $190K | 3x |
| Short | BingX BSV-USDT | 18.410 | 0.0100 | get 0.0050% / 4h | 1h 41m | — | $2.3M | — |
Hyperliquid BSV
BingX BSV-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$200.21
- Price spread: −0.217% → −0.086%
- −$13.07
- Slippage, 4 orders
- −$69.2
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$301.48
- Costs to cover
- 0.882%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 38 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 38 min ago | 3.53 bp | 20.1 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 8.19 bp | 27.7 bp −$28 | 57.2 bp −$572 | 372.2 bp −$37.2K | 483.4 bp −$241.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BSV/USDC PERP | −0.0043% | 1h | 18.380 | −0.379% | $22K | $78K | 5.5x | as long as short |
| BloFin BSV-USDT | +0.0053% | 4h | 18.430 | −0.108% | $111K | $204K | 75x | as long as short |
| Binance BSVUSDT | +0.0100% | 4h | 18.430 | −0.108% | $1.7M | $1.8M | 75x | as long as short |
| Bybit BSVUSDT | +0.0100% | 4h | 18.413 | −0.201% | $1.5M | $569K | 75x | as long as short |
| Gate BSV_USDT | +0.0100% | 4h | 18.390 | −0.325% | $1.6M | $1.3M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 18.430 | −0.108% | $1.3M | $377K | 125x | as long as short |
| KuCoin BSVUSDTM | +0.0100% | 4h | 18.460 | +0.054% | $669K | $60K | 30x | as long as short |
| Bitget BSVUSDT | +0.0100% | 4h | 18.440 | −0.054% | $1.9M | $426K | 75x | as long as short |
| BingX BSV-USDTshort | +0.0100% | 4h | 18.410 | −0.217% | — | $2.3M | — | |
| Hyperliquid BSVlong | +0.1053% | 1h | 18.450 | long leg | $555K | $190K | 3x |
Injective BSV/USDC PERP
BloFin BSV-USDT
Binance BSVUSDT
Bybit BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
KuCoin BSVUSDTM
Bitget BSVUSDT