Funding you earn now, next payment 02:00 UTC−0.0862%/8h= −94.4% APRpaid last 24h −0.164%
Price spread now: Bitget against Hyperliquid−0.222%7-day average −0.241% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$850.852% of the position
Funding, last 7 days−0.252%−$25 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.222%, 7d avg −0.241%
=Together, before fees−0.219%+ 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 −0.241%, so right now this pair is about funding alone: −$26 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 -0.252% in total (about -13.1% 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 | 0.05351 | 0.0962 | pay 0.0120% / 1h | 53m 07s | $3.2M | $383K | 5x |
| Short | Bitget CFXUSDT | 0.05339 | 0.0100 | get 0.0100% / 8h | 6h 53m | $1.6M | $1.5M | 75x |
Hyperliquid CFX
Bitget CFXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$181.1
- Price spread: −0.222% → −0.241%
- $1.83
- Slippage, 4 orders
- −$64.18
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$264.46
- Costs to cover
- 0.852%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Bitget: 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 Hyperliquid live order book, 8 min ago | 2.70 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 5.64 bp | 16.4 bp −$16 | 79.9 bp −$799 | 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 | 0.05329 | −0.413% | $5K | $46K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05344 | −0.129% | $5.4M | $11.1M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05346 | −0.092% | $2.4M | $1.7M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05340 | −0.204% | $2.5M | $6.1M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05332 | −0.353% | $1.1M | $2.6M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05338 | −0.241% | $3.3M | $1.7M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05330 | −0.391% | $874K | $292K | 75x | as long as short |
| Bitget CFXUSDTshort | +0.0100% | 8h | 0.05339 | −0.222% | $1.6M | $1.5M | 75x | |
| BingX CFX-USDT | +0.0100% | 8h | 0.05334 | −0.316% | — | $20.3M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05326 | −0.471% | $37K | $41K | — | 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 | 0.05330 | −0.396% | $505K | $1.8M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05332 | −0.345% | $3K | $265K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0408% | 1h | 0.05302 | −0.914% | $43K | $165K | 50x | as long as short |
| Hyperliquid CFXlong | +0.0962% | 1h | 0.05351 | long leg | $3.2M | $383K | 5x | |
| Kraken Futures PF_CFXUSD | +0.1224% | 1h | 0.05340 | −0.200% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.3686% | 1h | 0.05355 | +0.077% | $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