Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.052%
Price spread now: Hyperliquid against BingX+0.063%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$210.205% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.063%, 7d avg +0.020%
=Together, before fees+0.080%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.043% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HYPE-USDT | 92.733 | 0.0100 | pay 0.0050% / 4h | 3h 33m | — | $54.0M | — |
| Short | Hyperliquid HYPE | 92.791 | 0.0100 | get 0.0013% / 1h | 33m 58s | $2.02B | $666.3M | 10x |
BingX HYPE-USDT
Hyperliquid HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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
- $0
- Price spread: +0.063% → +0.020%
- $4.28
- Slippage, 4 orders
- −$1.54
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$16.26
- Costs to cover
- 0.205%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Hyperliquid: live order book, 10 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 BingX live order book, 5 min ago | 0.11 bp | 5.6 bp −$6 | 6.4 bp −$64 | 10.0 bp −$1,001 | 14.8 bp −$7,390 |
| Sell Hyperliquid live order book, 10 min ago | 0.05 bp | 5.3 bp −$5 | 6.2 bp −$62 | doesn't fit | doesn't fit |
HYPE on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1328% | 1h | 92.718 | −0.016% | $193K | $229K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0272% | 1h | 92.840 | +0.115% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 92.762 | +0.031% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.839 | +0.114% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0064% | 4h | 92.794 | +0.066% | $147K | $679K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.819 | +0.093% | $127K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.787 | +0.059% | $22K | $298K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.828 | +0.103% | $62K | — | 150x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 92.975 | +0.261% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0034% | 8h | 92.745 | +0.013% | $315.6M | $282.0M | 75x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Bybit HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps HYPE-USD.P | +0.0037% | 1h | 92.750 | +0.018% | $699K | $1.1M | 10x | as long as short |
| Bullet HYPE-USD | +0.0046% | 1h | 92.799 | +0.071% | $111K | $577K | 20x | as long as short |
| 01 Exchange HYPEUSD | +0.0048% | 1h | 92.824 | +0.098% | $87K | $361K | 20x | as long as short |
| Phemex HYPEUSDT | +0.0048% | 8h | 92.821 | +0.095% | $12.5M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0060% | 4h | 92.759 | +0.028% | $224.6M | $99.1M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0072% | 1h | 92.795 | +0.067% | $69K | $1.1M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0090% | 4h | 92.901 | +0.181% | $4.9M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.797 | +0.069% | $16.0M | $62.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.792 | +0.064% | $3.1M | $11.6M | 20x | as long as short |
| Gate HYPE_USDT | +0.0096% | 4h | 92.742 | +0.010% | $44.9M | $54.0M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 92.822 | +0.096% | $339K | $163K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.760 | +0.029% | $36K | $1.7M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 92.804 | +0.076% | $8.7M | $36.1M | 300x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.769 | +0.038% | $7.6M | $45.9M | 10x | as long as short |
| Hyperliquid HYPEshort | +0.0100% | 1h | 92.791 | +0.063% | $2.02B | $666.3M | 10x | |
| Pacifica HYPE | +0.0100% | 1h | 92.826 | +0.100% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.754 | +0.022% | $372.8M | $905.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.761 | +0.030% | $113.7M | $304.0M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.923 | +0.205% | $202K | $13K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.783 | +0.054% | $86.9M | $80.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.810 | +0.083% | $46.0M | $18.4M | 75x | as long as short |
| BingX HYPE-USDTlong | +0.0100% | 4h | 92.733 | long leg | — | $54.0M | — | |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.758 | +0.027% | $7.2M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.829 | +0.103% | $28.5M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.831 | +0.106% | $7.5M | $46.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.921 | +0.203% | $341K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.833 | +0.108% | $667K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.852 | +0.128% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.844 | +0.120% | $468K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.801 | +0.073% | $79K | $167K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.788 | +0.059% | $16.0M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.881 | +0.160% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.787 | +0.058% | $2.0M | $2.0M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.723 | −0.010% | $18.0M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.810 | +0.083% | $392K | $164K | 20x | as long as short |
| HTX HYPE-USDT | +0.0126% | 4h | 92.950 | +0.234% | $1.4M | $6.3M | 75x | as long as short |
| Kalshi KXHYPEPERP | +0.0133% | 8h | 92.872 | +0.150% | $1.8M | $5.4M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 92.860 | +0.137% | $4.7M | $5.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 92.828 | +0.102% | $20.6M | $30.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 92.730 | −0.003% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0265% | 1h | 92.798 | +0.070% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.825 | +0.099% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.803 | +0.075% | $16.8M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0429% | 1h | 92.883 | +0.162% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.860 | +0.137% | $3.2M | $6.4M | 20x | as long as short |
Ondo Perps HYPE-USD.P
Bullet HYPE-USD
01 Exchange HYPEUSD
Phemex HYPEUSDT
Bitget HYPEUSDT
Popdex HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Gate HYPE_USDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Aster HYPEUSDT
Nado HYPE-PERP
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
HTX HYPE-USDT
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC