Funding you earn now, next payment 22:00 UTC+0.0102%/8h= +11.2% APRpaid last 24h −0.012%
Price spread now: SunX against Hyperliquid+0.043%7-day average −0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$2122.123% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)−0.153%−$15 · spread now +0.043%, 7d avg −0.148%
=Together, before fees−0.297%+ Points / potential airdropHyperliquid: Season 2 · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.191% dearer against Hyperliquid than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.148%. 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 | 0.9796 | −0.0002 | get 0.0000% / 1h | 39m 34s | $8.6M | $9.4M | 5x |
| Short | SunX FIL-USDT | 0.9800 | 0.0100 | get 0.0100% / 8h | 2h 39m | $3K | $1.1M | 20x |
Hyperliquid FIL
SunX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21.46
- Price spread: +0.043% → −0.148%
- $19.09
- Slippage, 4 orders
- −$195.35
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$171.8
- Costs to cover
- 2.123%
- Break-even
- 63.0 days
Slippage from Hyperliquid: live order book, 3 min ago; SunX: 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, 3 min ago | 1.64 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 25.58 bp | 125.7 bp −$126 | 417.7 bp −$4,177 | 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 | 0.9812 | +0.165% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0625% | 1h | 0.9803 | +0.075% | $1.4M | $2.2M | 50x | as long as short |
| Lighter FIL | −0.0456% | 1h | 0.9789 | −0.069% | $156K | $332K | 5x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9800 | +0.043% | $313K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0076% | 8h | 0.9785 | −0.110% | $15.4M | $18.0M | 25x | as long as short |
| Bitget FILUSDT | −0.0032% | 8h | 0.9777 | −0.192% | $10.7M | $22.0M | 75x | as long as short |
| Variational Omni FIL | −0.0025% | 8h | 0.9779 | −0.176% | $433K | $276K | — | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9809 | +0.136% | $24K | — | 150x | as long as short |
| Hyperliquid FILlong | −0.0002% | 1h | 0.9796 | long leg | $8.6M | $9.4M | 5x | |
| dYdX FIL-USD | 0.0000% | 1h | 0.9801 | +0.048% | $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 | 0.9780 | −0.161% | $18.1M | $96.0M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9751 | −0.457% | $2K | $148K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0041% | 8h | 0.9796 | +0.002% | $7.3M | $7.1M | 50x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9809 | +0.135% | $486K | $509K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9788 | −0.080% | $56.0M | $175.9M | 75x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9793 | −0.029% | $7.8M | $16.2M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9793 | −0.029% | $249K | $104K | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9783 | −0.131% | — | $6.5M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9744 | −0.533% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9744 | −0.524% | $285K | $823K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9750 | −0.468% | $42K | $193K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9815 | +0.194% | $5K | — | 10x | as long as short |
| SunX FIL-USDTshort | +0.0100% | 8h | 0.9800 | +0.043% | $3K | $1.1M | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9800 | +0.043% | $477 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9811 | +0.155% | $619K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9800 | +0.043% | $1.1M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9782 | −0.138% | $682K | $2.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9773 | −0.233% | $2.6M | $622K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0613% / S −0.0849% | 1h | 0.9808 | +0.128% | $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-USDC
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]