Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.041%
Price spread now: Hyperliquid against edgeX+0.065%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$180.182% of the position
Funding, last 7 days+0.250%+$25 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.065%, 7d avg +0.079%
=Together, before fees+0.209%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board+$21 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BTCUSDC | 85,580.7 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $278.2M | $944.9M | 100x |
| Short | Hyperliquid BTC | 85,636 | 0.0100 | get 0.0013% / 1h | 33m 28s | $3.76B | $5.00B | 40x |
edgeX BTCUSDC
Hyperliquid BTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against edgeX. 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
- $0
- Price spread: +0.065% → +0.079%
- −$1.48
- Slippage, 4 orders
- −$0.15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$19.63
- Costs to cover
- 0.182%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 1 min ago; Hyperliquid: live order book, 11 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 edgeX live order book, 1 min ago | 0.02 bp | 4.5 bp −$5 | 4.5 bp −$45 | 4.7 bp −$470 | 5.7 bp −$2,837 |
| Sell Hyperliquid live order book, 11 min ago | 0.06 bp | 4.6 bp −$5 | 4.6 bp −$46 | 5.2 bp −$523 | doesn't fit |
BTC on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0144% | 1h | 85,641 | +0.070% | $2.2M | $10.5M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,666 | +0.100% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0056% | 1h | 85,541.1 | −0.046% | $363K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,578.4 | −0.003% | $516K | $20.9M | 6.7x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,611.9 | +0.036% | $16.7M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,563.6 | −0.020% | $36.6M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0020% | 1h | 85,626 | +0.053% | $340K | $26.9M | 52x | as long as short |
| Aster BTCUSDT | +0.0036% | 8h | 85,568 | −0.015% | $496.1M | $1.14B | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0036% | 8h | 85,553.4 | −0.032% | $900.8M | $756.4M | 125x | as long as short |
| ApeX Omni BTCUSDT | +0.0037% | 1h | 85,595.3 | +0.017% | $140.0M | $320.4M | 100x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
Perpl BTC
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
Aster BTCUSDT
KuCoin XBTUSDTM
ApeX Omni BTCUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx BTC/USDC | +0.0044% | 1h | 85,571.3 | −0.011% | $7.9M | $42.4M | 25x | as long as short |
| BingX BTC-USDC | +0.0054% | 8h | 85,542.9 | −0.044% | — | $15.3M | — | as long as short |
| Reya BTCRUSDPERP | +0.0056% | 1h | 85,566 | −0.017% | $6.7M | $146.1M | 40x | as long as short |
| HTX BTC-USDT | +0.0063% | 8h | 85,619.1 | +0.045% | $2.27B | $955.5M | 200x | as long as short |
| Nado BTC-PERP | +0.0068% | 1h | 85,580.9 | 0.000% | $22.6M | $229.3M | 50x | as long as short |
| Bitget BTCUSDT | +0.0069% | 8h | 85,567.2 | −0.016% | $2.94B | $5.12B | 150x | as long as short |
| Bluefin BTC-PERP | +0.0072% | 1h | 85,680.6 | +0.117% | $186K | $709K | 40x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,637 | +0.066% | $2.5M | $1.8M | 20x | as long as short |
| Gate BTC_USDT | +0.0087% | 8h | 85,561.3 | −0.023% | $5.61B | $10.50B | 200x | as long as short |
| MEXC BTC_USDT | +0.0087% | 8h | 85,573.7 | −0.008% | $5.06B | $5.71B | 500x | as long as short |
| Binance BTCUSDT | +0.0089% | 8h | 85,563.4 | −0.020% | $9.31B | $24.49B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,581 | 0.000% | $169.4M | $985.3M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,584.5 | +0.004% | $23.2M | $146.1M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,563 | −0.021% | $8.4M | $52.1M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,525 | −0.065% | $206K | $7.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,560.1 | −0.024% | $3.8M | $8.5M | 50x | as long as short |
| Hyperliquid BTCshort | +0.0100% | 1h | 85,636 | +0.065% | $3.76B | $5.00B | 40x | |
| Pacifica BTC | +0.0100% | 1h | 85,604 | +0.027% | $40.7M | $569.7M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,581.7 | +0.001% | $5.28B | $9.80B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,580.2 | −0.001% | $2.53B | $12.43B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,556 | −0.029% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,538.2 | −0.050% | $7.2M | $98.4M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,650.7 | +0.082% | $35.1M | $162.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,619.2 | +0.045% | $156.3M | $559.9M | — | as long as short |
| edgeX BTCUSDClong | +0.0100% | 4h | 85,580.7 | long leg | $278.2M | $944.9M | 100x | |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,597.4 | +0.019% | $214.9M | $168.6M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,582.3 | +0.002% | $30.3M | $208.1M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,643.5 | +0.073% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,569 | −0.014% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,574.4 | −0.007% | $189K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,647.7 | +0.078% | $2.4M | $9.1M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,645 | +0.075% | $30.0M | $57.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,601.4 | +0.024% | $2.9M | $6.6M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,639 | +0.068% | $59.9M | $337.5M | 40x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,649.4 | +0.080% | $153.4M | $480.1M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,587.5 | +0.008% | $583.6M | $150.2M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,529.1 | −0.060% | $44.0M | $228.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,595.7 | +0.018% | — | $101.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,691.8 | +0.130% | $130.8M | $5.23B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0128% | 1h | 85,673.6 | +0.109% | $697K | $7.9M | 30x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0146% | 1h | 85,666 | +0.100% | $188.5M | $967.5M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0160% | 1h | 85,637.1 | +0.066% | $78K | $219K | 20x | as long as short |
| Deribit BTC-PERPETUAL | +0.0170% | 1h | 85,684.2 | +0.121% | $893.9M | $1.54B | 50x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0204% / S −0.0191% | 1h | 85,579.1 | −0.002% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0207% | 8h | 85,674 | +0.109% | $10.1M | $770.9M | 6.4x | as long as short |
RISEx BTC/USDC
BingX BTC-USDC
Reya BTCRUSDPERP
HTX BTC-USDT
Nado BTC-PERP
Bitget BTCUSDT
Bluefin BTC-PERP
Aevo BTC-PERP
Gate BTC_USDT
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
GRVT BTC_USDT_Perp
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Hibachi BTC/USDT-P
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
Deribit BTC-PERPETUAL
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP