Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: BingX against Hyperliquid−0.148%7-day average −0.110% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 7 days+0.101%+$10 · spread now −0.148%, 7d avg −0.110%
=Together, before fees−0.057%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.037% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ETHFI | 0.7172 | 0.0100 | pay 0.0013% / 1h | 24m 25s | $18.1M | $8.9M | 5x |
| Short | BingX ETHFI-USDT | 0.7161 | 0.0100 | get 0.0050% / 4h | 1h 24m | — | $25.9M | — |
Hyperliquid ETHFI
BingX ETHFI-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
- $0
- Price spread: −0.148% → −0.110%
- −$3.73
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$22.73
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; BingX: live order book, 4 min ago. Net counts fees only.
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 | 2.37 bp | 11.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 1.40 bp | 8.3 bp −$8 | 13.3 bp −$133 | 29.2 bp −$2,918 | 68.9 bp −$34.5K |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0449% | 1h | 0.7149 | −0.315% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0253% | 1h | 0.7156 | −0.223% | $281K | $148K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0201% | 4h | 0.7136 | −0.496% | $83K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0184% | 4h | 0.7155 | −0.231% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.954% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0034% | 8h | 0.7160 | −0.161% | $6K | — | 5x | as long as short |
| Binance ETHFIUSDT | +0.0034% | 4h | 0.7158 | −0.190% | $24.8M | $37.2M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0036% | 4h | 0.7158 | −0.190% | $15.1M | $3.8M | 125x | as long as short |
| Extended ETHFI-USD | +0.0040% | 1h | 0.7158 | −0.187% | $93K | $493K | 10x | as long as short |
| Bitget ETHFIUSDT | +0.0084% | 4h | 0.7159 | −0.176% | $6.1M | $5.7M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Binance ETHFIUSDT
MEXC ETHFI_USDT
Extended ETHFI-USD
Bitget ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7153 | −0.262% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7167 | −0.057% | $1.1M | $898K | 5x | as long as short |
| Hyperliquid ETHFIlong | +0.0100% | 1h | 0.7172 | long leg | $18.1M | $8.9M | 5x | |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7158 | −0.189% | $183K | $258K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7160 | −0.162% | $18.2M | $13.0M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7158 | −0.190% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7164 | −0.106% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7160 | −0.162% | $1.2M | $272K | 50x | as long as short |
| BingX ETHFI-USDTshort | +0.0100% | 4h | 0.7161 | −0.148% | — | $25.9M | — | |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7143 | −0.397% | $1.0M | $755K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7160 | −0.158% | $59K | $93K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7139 | −0.455% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0149% | 4h | 0.7132 | −0.552% | $1.3M | $290K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0304% | 1h | 0.7168 | −0.050% | $31K | $7K | 50x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX