Funding you earn now, next payment 02:00 UTC+0.0174%/8h= +19.0% APRpaid last 24h −0.054%
Price spread now: Bitget against Hyperliquid+0.025%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.025%, 7d avg −0.070%
=Together, before fees−0.118%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.094% dearer against Hyperliquid than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.070%. Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid FET | 0.2026 | 0.0117 | pay 0.0015% / 1h | 52m 40s | $9.0M | $8.3M | 5x |
| Short | Bitget FETUSDT | 0.2027 | 0.0291 | get 0.0291% / 8h | 6h 52m | $16.3M | $11.7M | 75x |
Hyperliquid FET
Bitget FETUSDTFunding 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
- $36.44
- Price spread: +0.025% → −0.070%
- $9.42
- Slippage, 4 orders
- −$30.76
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$5.9
- Costs to cover
- 0.518%
- Break-even
- 8.1 days
Slippage from Hyperliquid: live order book, 10 min ago; Bitget: live order book, 1 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, 10 min ago | 2.45 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.47 bp | 9.7 bp −$10 | 29.0 bp −$290 | doesn't fit | doesn't fit |
FET on 20 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 FET_USDC-PERPETUAL | −0.6138% | 1h | 0.2022 | −0.222% | $29K | $230K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0760% | 1h | 0.2021 | −0.271% | $147K | $214K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0741% | 1h | 0.2024 | −0.121% | $984K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0022% | 1h | 0.2021 | −0.272% | $21K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.814% | $3K | $166K | 12x | as long as short |
| Gate FET_USDT | +0.0044% | 8h | 0.2024 | −0.123% | $2.8M | $12.1M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2024 | −0.141% | $308K | $577K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2025 | −0.074% | $31.4M | $112.0M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2024 | −0.123% | $31.6M | $24.7M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2026 | −0.025% | $10.6M | $19.2M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2008 | −0.904% | $352K | $401K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2021 | −0.271% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2025 | −0.098% | $33K | $247K | 10x | as long as short |
| Hyperliquid FETlong | +0.0117% | 1h | 0.2026 | long leg | $9.0M | $8.3M | 5x | |
| OKX FET-USDT-SWAP | +0.0158% | 4h | 0.2028 | +0.074% | $1.0M | $8.1M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2021 | −0.286% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2021 | −0.271% | $1.7M | $2.8M | 100x | as long as short |
| BingX FET-USDT | +0.0263% | 8h | 0.2026 | −0.025% | — | $6.0M | — | as long as short |
| Bitget FETUSDTshort | +0.0291% | 8h | 0.2027 | +0.025% | $16.3M | $11.7M | 75x | |
| Phoenix FET | +0.0474% | 1h | 0.2019 | −0.385% | $35K | $43K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Phoenix FET