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

BSV

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.5536%/8h= +606.2% APRnext payment +$6.92 per $10,000 · paid last 24h +0.196%
Price spread now: Hyperliquid against Injective+6.635%73s7-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 7 days+0.863%+$86 on $10k
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 +$166 a day on $10k at the current rate, and Hyperliquid is 6.635% dearer against Injective than usual: you sell high and buy low: +$663 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.863% in total (about 45.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BSV/USDC PERP17.890−0.5000get 0.0625% / 1h45m 49s$3K$90K5.5x
ShortHyperliquid BSV19.0770.0536get 0.0067% / 1h45m 49s$619K$262K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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
$1,162.49
Price spread: +6.635% → 0.000%
$663.5
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$1,816.97
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 64 min ago. 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 Injective no order-book sample
Sell Hyperliquid live order book, 64 min ago3.67 bp24.7 bp −$25doesn't fitdoesn't fitdoesn't fit
Injective: 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.

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 PERPlong−0.5000%1h17.890long leg$3K$90K5.5x
Binance BSVUSDT+0.0100%4h19.053+6.503%$1.8M$3.5M75xas long as short
Bybit BSVUSDT+0.0100%4h19.019+6.311%$1.6M$1.0M75xas long as short
Gate BSV_USDT+0.0100%4h19.010+6.260%$1.7M$2.4M50xas long as short
MEXC BSV_USDT+0.0100%4h19.050+6.484%$1.6M$547K125xas long as short
KuCoin BSVUSDTM+0.0100%4h19.040+6.428%$683K$85K30xas long as short
Bitget BSVUSDT+0.0100%4h19.040+6.428%$2.0M$736K75xas long as short
BingX BSV-USDT+0.0100%4h19.030+6.372%$2.4Mas long as short
BloFin BSV-USDT+0.0157%4h19.000+6.205%$209K75xas long as short
Hyperliquid BSVshort+0.0536%1h19.077+6.635%$619K$262K3x