Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.02 per $10,000 · paid last 24h −0.035%
Price spread now: Extended against Hyperliquid−0.004%7-day average −0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$360.362% of the position
Funding, last 7 days−0.281%−$28 on $10k
+Price spread, last 7 days−0.104%−$10 · spread now −0.004%, 7d avg −0.152%
=Together, before fees−0.385%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.148% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.152%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days. At the pace of the last 7 days (−0.281% in total) that is about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid FIL | 1.0052 | 0.0100 | pay 0.0013% / 1h | 54m 20s | $8.6M | $9.5M | 5x |
| Short | Extended FIL-USD | 1.0052 | 0.0080 | get 0.0010% / 1h | 54m 20s | $708K | $3.3M | 10x |
Hyperliquid FIL
Extended FIL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$4.2
- Price spread: −0.004% → −0.152%
- $14.8
- Slippage, 4 orders
- −$22.21
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.61
- Costs to cover
- 0.362%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Extended: live order book, 4 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, 8 min ago | 2.49 bp | 10.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 1.85 bp | 8.0 bp −$8 | 57.9 bp −$579 | 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 | −0.0347% | 1h | 1.0044 | −0.081% | $173K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0208% | 1h | 1.0040 | −0.120% | $380K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0064% | 8h | 1.0047 | −0.051% | $18.9M | $103.1M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0010% | 8h | 1.0055 | +0.029% | $7.5M | $7.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0053 | +0.014% | $27K | — | 150x | as long as short |
| ApeX Omni FILUSDT | 0.0000% | 1h | 0.9980 | −0.717% | $30K | $182K | 50x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0056 | +0.040% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.961% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 1.0043 | −0.093% | $1.4M | $2.3M | 50x | as long as short |
| Binance FILUSDT | +0.0079% | 8h | 1.0050 | −0.021% | $58.4M | $180.9M | 75x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
ApeX Omni FILUSDT
dYdX FIL-USD
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FIL-USDshort | +0.0080% | 1h | 1.0052 | −0.004% | $708K | $3.3M | 10x | |
| MEXC FIL_USDC | +0.0086% | 8h | 1.0047 | −0.051% | $244K | $102K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0052 | +0.003% | $158K | $354K | 5x | as long as short |
| Hyperliquid FILlong | +0.0100% | 1h | 1.0052 | long leg | $8.6M | $9.5M | 5x | |
| Aster FILUSDT | +0.0100% | 8h | 1.0056 | +0.042% | $519K | $586K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0050 | −0.021% | $15.8M | $19.8M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0054 | +0.019% | $8.6M | $16.3M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0054 | +0.019% | $11.1M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0050 | −0.021% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0034 | −0.182% | $451K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9981 | −0.707% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0016 | −0.363% | $302K | $927K | 10x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0061 | +0.086% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0030 | −0.220% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0037 | −0.150% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0045 | −0.071% | $627K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0040 | −0.120% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0199% | 8h | 1.0038 | −0.140% | $2.8M | $652K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0576% / S −0.0237% | 1h | 1.0055 | +0.026% | $268K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
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]