Funding you earn now, next payment 01:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.033%
Price spread now: Hyperliquid against Extended−0.001%7-day average +0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$340.343% of the position
Funding, last 7 days+0.282%+$28 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now −0.001%, 7d avg +0.150%
=Together, before fees+0.325%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.151% cheaper against Extended than usual: you would sell low and buy high (spread −0.001% now, against its 7-day average of +0.150%). If the spread goes back, that is −$15 on $10k: about 7.4 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FIL-USD | 0.9860 | 0.0032 | pay 0.0004% / 1h | 46m 51s | $689K | $2.8M | 10x |
| Short | Hyperliquid FIL | 0.9860 | 0.0100 | get 0.0013% / 1h | 46m 51s | $8.5M | $9.5M | 5x |
Extended FIL-USD
Hyperliquid FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Extended. 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
- $14.28
- Price spread: −0.001% → +0.150%
- −$15.12
- Slippage, 4 orders
- −$20.28
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$35.12
- Costs to cover
- 0.343%
- Break-even
- 24.2 days
Slippage from Extended: live order book, 2 min ago; Hyperliquid: live order book, 6 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 Extended live order book, 2 min ago | 1.37 bp | 6.9 bp −$7 | 60.2 bp −$602 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.36 bp | 11.3 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 | −0.0662% | 1h | 0.9858 | −0.019% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0333% | 1h | 0.9857 | −0.029% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9853 | −0.070% | $316K | $1.8M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0036% | 8h | 0.9861 | +0.011% | $7.4M | $7.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0031% | 8h | 0.9863 | +0.032% | $18.0M | $98.9M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9856 | −0.043% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9856 | −0.044% | $57K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0030% | 8h | 0.9864 | +0.045% | $57.1M | $179.0M | 75x | as long as short |
| Extended FIL-USDlong | +0.0032% | 1h | 0.9860 | long leg | $689K | $2.8M | 10x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.049% | $2K | $240K | 12x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDT
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0055% | 8h | 0.9854 | −0.060% | $247K | $103K | 50x | as long as short |
| Bitget FILUSDT | +0.0055% | 8h | 0.9860 | +0.001% | $10.8M | $21.6M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9849 | −0.112% | $158K | $345K | 5x | as long as short |
| Hyperliquid FILshort | +0.0100% | 1h | 0.9860 | −0.001% | $8.5M | $9.5M | 5x | |
| Aster FILUSDT | +0.0100% | 8h | 0.9860 | +0.004% | $493K | $546K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9865 | +0.052% | $15.4M | $18.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9866 | +0.062% | $8.2M | $16.0M | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9863 | +0.032% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9836 | −0.242% | $440K | $278K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9853 | −0.065% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9863 | +0.029% | $288K | $816K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | +0.001% | $30K | $196K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9865 | +0.048% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.100% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9851 | −0.090% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9861 | +0.011% | $632K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | −0.100% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0122% | 8h | 0.9853 | −0.070% | $2.7M | $569K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0538% / S −0.0538% | 1h | 0.9854 | −0.059% | $196K | — | 100x | as long as short |
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDT
Variational Omni FIL
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]