Funding you earn now, next payment 22:00 UTC+0.0117%/8h= +12.9% APRpaid last 24h −0.012%
Price spread now: HTX against Hyperliquid+0.119%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$450.452% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)+0.113%+$11 · spread now +0.119%, 7d avg +0.015%
=Together, before fees+0.128%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and HTX is 0.104% dearer against Hyperliquid than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid FIL | 0.9803 | −0.0017 | get 0.0002% / 1h | 34m 40s | $8.6M | $9.4M | 5x |
| Short | HTX FIL-USDT | 0.9815 | 0.0100 | get 0.0100% / 8h | 2h 34m | $619K | $5.7M | 75x |
Hyperliquid FIL
HTX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $24.65
- Price spread: +0.119% → +0.015%
- $10.39
- Slippage, 4 orders
- −$24.17
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$10.13
- Costs to cover
- 0.452%
- Break-even
- 9.9 days
Slippage from Hyperliquid: live order book, 8 min ago; HTX: 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 | 1.64 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 4 min ago | 1.02 bp | 10.0 bp −$10 | 30.1 bp −$301 | 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 | −0.0666% | 1h | 0.9821 | +0.181% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0624% | 1h | 0.9819 | +0.163% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | −0.0432% | 1h | 0.9800 | −0.035% | $156K | $332K | 5x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9815 | +0.119% | $314K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0071% | 8h | 0.9808 | +0.048% | $15.4M | $18.0M | 25x | as long as short |
| Bitget FILUSDT | −0.0034% | 8h | 0.9803 | −0.003% | $10.8M | $21.9M | 75x | as long as short |
| Hyperliquid FILlong | −0.0017% | 1h | 0.9803 | long leg | $8.6M | $9.4M | 5x | |
| Variational Omni FIL | −0.0014% | 8h | 0.9812 | +0.090% | $435K | $276K | — | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9819 | +0.160% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9811 | +0.079% | $57K | $2K | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Lighter FIL
Coinbase International FIL-PERP-INTX
Bybit FILUSDT
Bitget FILUSDT
Variational Omni FIL
gTrade (Gains Network) FIL/USD
dYdX FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0013% | 8h | 0.9805 | +0.017% | $18.0M | $96.3M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9751 | −0.533% | $2K | $148K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0036% | 8h | 0.9811 | +0.079% | $7.3M | $7.1M | 50x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9808 | +0.047% | $486K | $514K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9804 | +0.011% | $56.1M | $175.7M | 75x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9806 | +0.028% | $7.8M | $16.3M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9798 | −0.054% | $249K | $104K | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9807 | +0.038% | — | $11.8M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9788 | −0.159% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9815 | +0.123% | $287K | $813K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9810 | +0.068% | $42K | $193K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9824 | +0.210% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9810 | +0.068% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9812 | +0.089% | $479 | $11K | 5x | as long as short |
| HTX FIL-USDTshort | +0.0100% | 8h | 0.9815 | +0.119% | $619K | $5.7M | 75x | |
| Phemex FILUSDT | +0.0100% | 8h | 0.9810 | +0.068% | $1.1M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9802 | −0.011% | $685K | $2.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9813 | +0.099% | $2.6M | $635K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0614% / S −0.0849% | 1h | 0.9820 | +0.169% | $208K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
Injective FIL/USDC PERP
KuCoin FILUSDTM
Aster FILUSDT
Binance 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
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]