Funding you earn now, next payment 04:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%
Price spread now: Hyperliquid against Bitget+0.194%7-day average +0.182% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$750.747% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now +0.194%, 7d avg +0.182%
=Together, before fees+0.204%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.182%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ENSUSDT | 6.6530 | 0.0100 | pay 0.0100% / 8h | 4h 06m | $2.9M | $1.2M | 75x |
| Short | Hyperliquid ENS | 6.6659 | 0.0154 | get 0.0019% / 1h | 6m 12s | $3.0M | $294K | 5x |
Funding 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
- $11.26
- Price spread: +0.194% → +0.182%
- $1.16
- Slippage, 4 orders
- −$53.72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$62.29
- Costs to cover
- 0.747%
- Break-even
- 45.7 days
Slippage from Bitget: live order book, 1 min ago; Hyperliquid: live order book, 5 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, 1 min ago | 4.51 bp | 19.5 bp −$20 | 50.1 bp −$501 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 1.57 bp | 21.5 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
ENS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ENSUSD | −0.0852% | 1h | 6.6514 | −0.024% | $90K | $407K | 20x | as long as short |
| Gate ENS_USDT | +0.0064% | 8h | 6.6560 | +0.045% | $454K | $563K | 75x | as long as short |
| BloFin ENS-USDT | +0.0099% | 8h | 6.6610 | +0.120% | $298K | $73K | 20x | as long as short |
| Aster ENSUSDT | +0.0100% | 8h | 6.6556 | +0.039% | $9K | $105K | 10x | as long as short |
| Binance ENSUSDT | +0.0100% | 8h | 6.6554 | +0.037% | $5.1M | $13.5M | 75x | as long as short |
| Bybit ENSUSDT | +0.0100% | 8h | 6.6500 | −0.045% | $5.4M | $3.6M | 75x | as long as short |
| OKX ENS-USDT-SWAP | +0.0100% | 8h | 6.6480 | −0.075% | $2.3M | $3.3M | 20x | as long as short |
| MEXC ENS_USDT | +0.0100% | 8h | 6.6560 | +0.045% | $5.6M | $738K | 75x | as long as short |
| KuCoin ENSUSDTM | +0.0100% | 8h | 6.6590 | +0.090% | $1.8M | $133K | 50x | as long as short |
| Bitget ENSUSDTlong | +0.0100% | 8h | 6.6530 | long leg | $2.9M | $1.2M | 75x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ENS-USDT | +0.0100% | 8h | 6.6520 | −0.015% | — | $7.8M | — | as long as short |
| Variational Omni ENS | +0.0100% | 8h | 6.6493 | −0.055% | $106K | $9K | — | as long as short |
| ApeX Omni ENSUSDT | +0.0100% | 1h | 6.6650 | +0.180% | $25K | $598K | 50x | as long as short |
| Extended ENS-USD | +0.0104% | 1h | 6.6549 | +0.029% | $3K | $119K | 10x | as long as short |
| Hyperliquid ENSshort | +0.0154% | 1h | 6.6659 | +0.194% | $3.0M | $294K | 5x |
Bitget ENSUSDT
Hyperliquid ENS
Kraken Futures PF_ENSUSD
Gate ENS_USDT
BloFin ENS-USDT
Aster ENSUSDT
Binance ENSUSDT
Bybit ENSUSDT
OKX ENS-USDT-SWAP
MEXC ENS_USDT
KuCoin ENSUSDTM
BingX ENS-USDT
Variational Omni ENS
ApeX Omni ENSUSDT
Extended ENS-USD