Funding you earn now, next payment 22:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h −0.174%
Price spread now: BingX against Hyperliquid−0.223%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$950.951% of the position
Funding, last 7 days−0.477%−$48 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now −0.223%, 7d avg −0.187%
=Together, before fees−0.490%+ Points / potential airdropHyperliquid: Season 2 · farm board−$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.036% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.223% now, against its 7-day average of −0.187%). If the spread goes back, that is −$4 on $10k: about 7.5 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.477%, 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 GRASS | 0.4491 | 0.0358 | pay 0.0045% / 1h | 18m 36s | $16.5M | $2.6M | 3x |
| Short | BingX GRASS-USDT | 0.4481 | 0.0374 | get 0.0187% / 4h | 2h 18m | — | $7.1M | — |
Hyperliquid GRASS
BingX GRASS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $3.37
- Price spread: −0.223% → −0.187%
- −$3.59
- Slippage, 4 orders
- −$76.15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$95.37
- Costs to cover
- 0.951%
- Break-even
- 205.3 days
Slippage from Hyperliquid: live order book, 4 min ago; BingX: 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, 4 min ago | 2.23 bp | 28.3 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.46 bp | 18.9 bp −$19 | 43.1 bp −$431 | 286.4 bp −$28.6K | 612.1 bp −$306.0K |
GRASS on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya GRASSRUSDPERP | −0.0114% | 1h | 0.4487 | −0.097% | $674 | — | 15x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4483 | −0.178% | $25.1M | $10.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4486 | −0.111% | $3.4M | $7.7M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4485 | −0.134% | $1.2M | $1.2M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4476 | −0.323% | $5.2M | $2.1M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4485 | −0.139% | $2.2M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0102% | 4h | 0.4486 | −0.111% | $1.6M | $964K | 50x | as long as short |
| Hyperliquid GRASSlong | +0.0358% | 1h | 0.4491 | long leg | $16.5M | $2.6M | 3x | |
| BingX GRASS-USDTshort | +0.0374% | 4h | 0.4481 | −0.223% | — | $7.1M | — | |
| MEXC GRASS_USDT | +0.0390% | 4h | 0.4487 | −0.089% | $1.7M | $1.3M | 100x | as long as short |
Reya GRASSRUSDPERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
KuCoin GRASSUSDTM
MEXC GRASS_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance GRASSUSDT | +0.0390% | 4h | 0.4488 | −0.064% | $11.0M | $15.6M | 75x | as long as short |
| Extended GRASS-USD | +0.0392% | 1h | 0.4485 | −0.139% | $222K | $823K | 10x | as long as short |
| BloFin GRASS-USDT | +0.0428% | 4h | 0.4494 | +0.067% | $585K | $260K | 20x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1498% | 1h | 0.4494 | +0.061% | $166K | $78K | 20x | as long as short |
| Aster GRASSUSDT | +0.1538% | 4h | 0.4484 | −0.146% | $62K | $128K | 10x | as long as short |
| Lighter GRASS | +0.1760% | 1h | 0.4503 | +0.276% | $704K | $528K | 5x | as long as short |
| Injective GRASS/USDC PERP | +0.5000% | 1h | 0.4267 | −4.988% | $7 | $23K | 5.5x | as long as short |
Binance GRASSUSDT
Extended GRASS-USD
BloFin GRASS-USDT
Kraken Futures PF_GRASSUSD
Aster GRASSUSDT
Lighter GRASS
Injective GRASS/USDC PERP