Funding you earn now, next payment 04:00 UTC−0.0721%/8h= −78.9% APRpaid last 24h −0.173%
Price spread now: BingX against Hyperliquid−0.211%7-day average −0.202% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.615% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now −0.211%, 7d avg −0.202%
=Together, before fees−0.218%+ Points / potential airdropHyperliquid: Season 2 · farm board−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.202%, so right now this pair is about funding alone: −$22 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 -0.267% in total (about -13.9% 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 CFX | 0.05357 | 0.0821 | pay 0.0103% / 1h | 5m 29s | $3.2M | $352K | 5x |
| Short | BingX CFX-USDT | 0.05346 | 0.0100 | get 0.0100% / 8h | 4h 05m | — | $20.1M | — |
Hyperliquid CFX
BingX CFX-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
- −$151.38
- Price spread: −0.211% → −0.202%
- −$0.9
- Slippage, 4 orders
- −$42.53
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$213.81
- Costs to cover
- 0.615%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; BingX: live order book, 8 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, 6 min ago | 1.12 bp | 22.3 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 2.80 bp | 10.4 bp −$10 | 19.9 bp −$199 | 69.5 bp −$6,950 | 368.5 bp −$184.2K |
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 | 0.05348 | −0.181% | $5K | $43K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05345 | −0.230% | $5.3M | $10.0M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05347 | −0.192% | $2.4M | $1.3M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05340 | −0.323% | $2.5M | $5.6M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05344 | −0.248% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05343 | −0.267% | $3.2M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05341 | −0.304% | $813K | $302K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05346 | −0.211% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDTshort | +0.0100% | 8h | 0.05346 | −0.211% | — | $20.1M | — | |
| Variational Omni CFX | +0.0100% | 8h | 0.05350 | −0.135% | $37K | $50K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
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 | 0.05353 | −0.072% | $507K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05344 | −0.245% | $3K | $266K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0192% | 1h | 0.05364 | +0.125% | $42K | $123K | 50x | as long as short |
| Kraken Futures PF_CFXUSD | +0.0503% | 1h | 0.05348 | −0.171% | $32K | $11K | 20x | as long as short |
| Hyperliquid CFXlong | +0.0821% | 1h | 0.05357 | long leg | $3.2M | $352K | 5x | |
| Deribit CFX_USDC-PERPETUAL | +0.2182% | 1h | 0.05359 | +0.032% | $141 | $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