Funding you earn now, next payment 23:00 UTC+0.0027%/8h= +2.9% APRpaid last 24h +0.046%
Price spread now: Hyperliquid against BingX+0.379%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$680.675% of the position
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 7 days−0.249%−$25 · spread now +0.379%, 7d avg +0.152%
=Together, before fees−0.091%+ Points / potential airdropHyperliquid: Season 2 · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.227% dearer against BingX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.152%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CC-USDT | 0.1160 | 0.0100 | pay 0.0050% / 4h | 1h 24m | — | $6.6M | — |
| Short | Hyperliquid CC | 0.1165 | 0.0127 | get 0.0016% / 1h | 24m 45s | $5.4M | $1.4M | 3x |
Funding 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
- $5.57
- Price spread: +0.379% → +0.152%
- $22.69
- Slippage, 4 orders
- −$48.53
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$39.27
- Costs to cover
- 0.675%
- Break-even
- 56.4 days
Slippage from BingX: live order book, 2 min ago; Hyperliquid: 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 BingX live order book, 2 min ago | 5.61 bp | 22.3 bp −$22 | 75.6 bp −$756 | 393.1 bp −$39.3K | 1071.7 bp −$535.9K |
| Sell Hyperliquid live order book, 7 min ago | 0.86 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
CC on 19 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 CC/USDC PERP | −0.3951% | 1h | 0.1147 | −1.155% | $6K | $99 | 5.5x | as long as short |
| Gate CC_USDT | +0.0082% | 4h | 0.1161 | +0.017% | $360K | $212K | 50x | as long as short |
| Paradex CC-USD-PERP | +0.0092% | 8h | 0.1161 | +0.057% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1163 | +0.187% | $34K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1162 | +0.156% | $11.0M | $11.1M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1162 | +0.129% | $10.5M | $3.8M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1163 | +0.198% | $2.5M | $3.4M | 20x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1162 | +0.138% | $1.6M | $309K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1162 | +0.172% | $492K | $115K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1162 | +0.164% | $927K | $789K | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDTlong | +0.0100% | 4h | 0.1160 | long leg | — | $6.6M | — | |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1162 | +0.112% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1160 | −0.025% | $578K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1160 | −0.055% | $87K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1160 | +0.008% | $7K | $35K | 6.7x | as long as short |
| Hyperliquid CCshort | +0.0127% | 1h | 0.1165 | +0.379% | $5.4M | $1.4M | 3x | |
| BloFin CC-USDT | +0.0340% | 4h | 0.1161 | +0.069% | $584K | $105K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0441% / S −0.0239% | 1h | 0.1162 | +0.153% | $43K | — | 50x | as long as short |
| Lighter CC | +0.1264% | 1h | 0.1167 | +0.543% | $234K | $152K | 5x | as long as short |
BingX CC-USDT
Hyperliquid CC
Injective CC/USDC PERP
Gate CC_USDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC