Funding you earn now, next payment 22:00 UTC+0.0078%/8h= +8.6% APRpaid last 24h +0.034%
Price spread now: Hyperliquid against Bitget+0.133%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days+0.175%+$18 on $10k
+Price spread, last 7 days−0.094%−$9 · spread now +0.133%, 7d avg +0.118%
=Together, before fees+0.081%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.118%, 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 FILUSDT | 0.9821 | −0.0036 | get 0.0036% / 8h | 2h 19m | $10.8M | $21.6M | 75x |
| Short | Hyperliquid FIL | 0.9834 | 0.0042 | get 0.0005% / 1h | 19m 36s | $8.6M | $9.5M | 5x |
Bitget FILUSDT
Hyperliquid FILFunding 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
- $16.45
- Price spread: +0.133% → +0.118%
- $1.52
- Slippage, 4 orders
- −$20.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$23.45
- Costs to cover
- 0.414%
- Break-even
- 17.0 days
Slippage from Bitget: live order book, 4 min ago; Hyperliquid: live order book, 3 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, 4 min ago | 1.01 bp | 11.3 bp −$11 | 12.7 bp −$127 | 33.1 bp −$3,310 | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.66 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.1271% | 1h | 0.9847 | +0.265% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0622% | 1h | 0.9845 | +0.248% | $1.4M | $2.2M | 50x | as long as short |
| Lighter FIL | −0.0368% | 1h | 0.9821 | 0.000% | $157K | $337K | 5x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9853 | +0.326% | $316K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0050% | 8h | 0.9832 | +0.112% | $15.5M | $17.9M | 25x | as long as short |
| Bitget FILUSDTlong | −0.0036% | 8h | 0.9821 | long leg | $10.8M | $21.6M | 75x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9843 | +0.223% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9833 | +0.118% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0018% | 8h | 0.9828 | +0.071% | $18.1M | $95.9M | 50x | as long as short |
| Variational Omni FIL | +0.0021% | 8h | 0.9844 | +0.234% | $437K | $276K | — | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Lighter FIL
Coinbase International FIL-PERP-INTX
Bybit FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
Variational Omni FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FILUSDTM | +0.0028% | 8h | 0.9829 | +0.081% | $7.4M | $7.0M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9751 | −0.713% | $2K | $148K | 12x | as long as short |
| Hyperliquid FILshort | +0.0042% | 1h | 0.9834 | +0.133% | $8.6M | $9.5M | 5x | |
| Binance FILUSDT | +0.0098% | 8h | 0.9827 | +0.061% | $56.5M | $175.5M | 75x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9834 | +0.135% | $486K | $514K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9832 | +0.112% | $7.8M | $16.3M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9829 | +0.081% | $250K | $105K | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9832 | +0.112% | — | $11.9M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9842 | +0.219% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9849 | +0.288% | $288K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9850 | +0.295% | $42K | $192K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9847 | +0.268% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9830 | +0.092% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9838 | +0.173% | $474 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9841 | +0.204% | $627K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9840 | +0.193% | $1.1M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9830 | +0.090% | $685K | $2.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9842 | +0.214% | $2.6M | $641K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0625% / S −0.0759% | 1h | 0.9844 | +0.230% | $218K | — | 100x | as long as short |
KuCoin FILUSDTM
Injective FIL/USDC PERP
Binance FILUSDT
Aster FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]