Funding you earn now, next payment 22:00 UTC+0.0039%/8h= +4.2% APRpaid last 24h −0.012%
Price spread now: edgeX against Hyperliquid−0.143%7-day average −0.195% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$350.355% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)+0.317%+$32 · spread now −0.143%, 7d avg −0.195%
=Together, before fees+0.173%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.051% dearer against Hyperliquid than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.195%. Mind the row above: over the last 7 days funding on this pair cost −0.144%, 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 FIL | 0.9852 | 0.0061 | pay 0.0008% / 1h | 15m 04s | $8.6M | $9.5M | 5x |
| Short | edgeX FILUSDC | 0.9838 | 0.0100 | get 0.0050% / 4h | 2h 15m | $45K | $293K | 10x |
Hyperliquid FIL
edgeX FILUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $8.1
- Price spread: −0.143% → −0.195%
- $5.15
- Slippage, 4 orders
- −$17.49
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$22.24
- Costs to cover
- 0.355%
- Break-even
- 26.2 days
Slippage from Hyperliquid: live order book, 7 min ago; edgeX: live order book, 8 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, 7 min ago | 0.66 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 8 min ago | 3.56 bp | 8.6 bp −$9 | 90.3 bp −$903 | 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 | −0.0965% | 1h | 0.9862 | +0.097% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0622% | 1h | 0.9855 | +0.021% | $1.4M | $2.2M | 50x | as long as short |
| Lighter FIL | −0.0352% | 1h | 0.9846 | −0.066% | $157K | $337K | 5x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9857 | +0.047% | $315K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0043% | 8h | 0.9853 | +0.006% | $15.5M | $17.9M | 25x | as long as short |
| Bitget FILUSDT | −0.0034% | 8h | 0.9848 | −0.045% | $10.8M | $21.6M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9858 | +0.060% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9855 | +0.025% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0017% | 8h | 0.9851 | −0.014% | $18.2M | $96.0M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0029% | 8h | 0.9852 | −0.004% | $7.4M | $7.0M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Lighter FIL
Coinbase International FIL-PERP-INTX
Bybit FILUSDT
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FIL | +0.0029% | 8h | 0.9843 | −0.095% | $437K | $276K | — | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9839 | −0.136% | $36K | $165K | 12x | as long as short |
| Hyperliquid FILlong | +0.0061% | 1h | 0.9852 | long leg | $8.6M | $9.5M | 5x | |
| Binance FILUSDT | +0.0094% | 8h | 0.9850 | −0.026% | $56.6M | $174.8M | 75x | as long as short |
| Extended FIL-USD | +0.0096% | 1h | 0.9851 | −0.010% | $685K | $2.3M | 10x | as long as short |
| MEXC FIL_USDC | +0.0098% | 8h | 0.9847 | −0.055% | $250K | $105K | 50x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9854 | +0.017% | $487K | $514K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9852 | −0.004% | $7.8M | $16.3M | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9851 | −0.014% | — | $6.5M | — | as long as short |
| edgeX FILUSDCshort | +0.0100% | 4h | 0.9838 | −0.143% | $45K | $293K | 10x | |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9843 | −0.093% | $288K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9850 | −0.024% | $42K | $192K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9860 | +0.082% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.024% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9852 | −0.004% | $481 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9856 | +0.037% | $626K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | −0.024% | $1.1M | $2.2M | 50x | as long as short |
| BloFin FIL-USDT | +0.0214% | 8h | 0.9853 | +0.006% | $2.6M | $643K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0626% / S −0.0759% | 1h | 0.9858 | +0.056% | $218K | — | 100x | as long as short |
Variational Omni FIL
Injective FIL/USDC PERP
Binance FILUSDT
Extended FIL-USD
MEXC FIL_USDC
Aster FILUSDT
Gate FIL_USDT
BingX FIL-USDC
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]