Funding you earn now, next payment 03:00 UTC+0.0890%/8h= +97.5% APRpaid last 24h +0.168%
Price spread now: Hyperliquid against Bitget+0.228%7-day average +0.241% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$790.793% of the position
Funding, last 7 days+0.262%+$26 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.228%, 7d avg +0.241%
=Together, before fees+0.236%+ Points / potential airdropHyperliquid: Season 2 · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.241%, so right now this pair is about funding alone: +$27 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.262% in total (about 13.7% 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 | Bitget CFXUSDT | 0.05356 | 0.0100 | pay 0.0100% / 8h | 5h 47m | $1.6M | $1.4M | 75x |
| Short | Hyperliquid CFX | 0.05368 | 0.0990 | get 0.0124% / 1h | 47m 11s | $3.2M | $347K | 5x |
Bitget CFXUSDT
Hyperliquid CFXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $186.93
- Price spread: +0.228% → +0.241%
- −$1.28
- Slippage, 4 orders
- −$58.28
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $106.37
- Costs to cover
- 0.793%
- Break-even
- 3.0 days
Slippage from Bitget: live order book, 5 min ago; Hyperliquid: live order book, 4 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 Bitget live order book, 5 min ago | 3.71 bp | 19.4 bp −$19 | 37.6 bp −$376 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.93 bp | 15.7 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05360 | +0.071% | $5K | $43K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05359 | +0.056% | $5.4M | $10.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05360 | +0.075% | $2.4M | $1.4M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05353 | −0.056% | $2.5M | $5.7M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05357 | +0.019% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05356 | 0.000% | $3.1M | $1.7M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05361 | +0.093% | $878K | $283K | 75x | as long as short |
| Bitget CFXUSDTlong | +0.0100% | 8h | 0.05356 | long leg | $1.6M | $1.4M | 75x | |
| BingX CFX-USDT | +0.0100% | 8h | 0.05358 | +0.037% | — | $20.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05384 | +0.522% | $42K | $45K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05387 | +0.581% | $511K | $1.7M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05357 | +0.011% | $4K | $266K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0248% | 1h | 0.05394 | +0.709% | $44K | $125K | 50x | as long as short |
| Hyperliquid CFXshort | +0.0990% | 1h | 0.05368 | +0.228% | $3.2M | $347K | 5x | |
| Kraken Futures PF_CFXUSD | +0.1436% | 1h | 0.05361 | +0.096% | $33K | $19K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.3111% | 1h | 0.05373 | +0.317% | $142 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL