Funding you earn now, next payment 20:00 UTC−0.0335%/8hpaid last 24h −0.076%
Price spread now: SunX against Hyperliquid−0.187%7-day average −0.174% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1651.649% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 3 days (all we have)+0.031%+$3 · spread now −0.187%, 7d avg −0.174%
=Together, before fees+0.008%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.174%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ICP | 2.9385 | 0.0435 | pay 0.0054% / 1h | 9m 32s | $4.8M | $4.6M | 5x |
| Short | SunX ICP-USDT | 2.9330 | 0.0100 | get 0.0100% / 8h | 4h 09m | $1K | $1.7M | 20x |
Hyperliquid ICP
SunX ICP-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
- −$70.37
- Price spread: −0.187% → −0.174%
- −$1.3
- Slippage, 4 orders
- −$147.93
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$236.6
- Costs to cover
- 1.649%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; SunX: 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 Hyperliquid live order book, 7 min ago | 1.53 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 49.41 bp | 75.1 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
ICP on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.0850% | 8h | 2.9180 | −0.698% | $1.7M | $793K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0483% | 1h | 2.9356 | −0.098% | $484K | $535K | 50x | as long as short |
| Variational Omni ICP | −0.0361% | 8h | 2.9295 | −0.307% | $1.1M | $116K | — | as long as short |
| Injective ICP/USDC PERP | −0.0291% | 1h | 2.9175 | −0.715% | $198 | $118K | 12x | as long as short |
| Bybit ICPUSDT | −0.0243% | 8h | 2.9310 | −0.255% | $16.8M | $16.9M | 75x | as long as short |
| Gate ICP_USDT | −0.0180% | 8h | 2.9330 | −0.187% | $1.8M | $2.7M | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0125% | 1h | 2.9355 | −0.102% | $262 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9355 | −0.102% | $68K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9358 | −0.092% | $26K | — | 150x | as long as short |
| OKX ICP-USDT-SWAP | +0.0068% | 8h | 2.9320 | −0.221% | $5.7M | $15.4M | 50x | as long as short |
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Variational Omni ICP
Injective ICP/USDC PERP
Bybit ICPUSDT
Gate ICP_USDT
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
OKX ICP-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ICP | +0.0096% | 1h | 2.9351 | −0.116% | $194K | $370K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9364 | −0.071% | $194K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9364 | −0.071% | $133K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9340 | −0.153% | $28.4M | $47.5M | 75x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9350 | −0.119% | $19.0M | $7.7M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9350 | −0.119% | $5.3M | $12.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9340 | −0.153% | $6.8M | $4.3M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9340 | −0.153% | — | $4.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9323 | −0.212% | $23K | $275K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9327 | −0.199% | $563K | $478K | 10x | as long as short |
| SunX ICP-USDTshort | +0.0100% | 8h | 2.9330 | −0.187% | $1K | $1.7M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9280 | −0.357% | $104K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9343 | −0.143% | $24K | $133K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9340 | −0.153% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 2.9400 | +0.051% | $62K | $85K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0403% / S −0.0319% | 1h | 2.9358 | −0.093% | $30K | — | 100x | as long as short |
| Hyperliquid ICPlong | +0.0435% | 1h | 2.9385 | long leg | $4.8M | $4.6M | 5x |
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]