Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.079%
Price spread now: Hyperliquid against SunX+0.276%7-day average +0.173% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1711.709% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 3 days (all we have)−0.191%−$19 · spread now +0.276%, 7d avg +0.173%
=Together, before fees−0.165%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 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 0.103% dearer against SunX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.173%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ICP-USDT | 2.9700 | 0.0100 | pay 0.0100% / 8h | 3h 29m | $2K | $1.7M | 20x |
| Short | Hyperliquid ICP | 2.9782 | 0.0100 | get 0.0013% / 1h | 29m 35s | $4.8M | $4.7M | 5x |
SunX ICP-USDT
Hyperliquid ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against SunX. 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: +0.276% → +0.173%
- $10.29
- Slippage, 4 orders
- −$153.9
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$160.62
- Costs to cover
- 1.709%
- Break-even
- never at this rate
Slippage from SunX: live order book, 6 min ago; Hyperliquid: live order book, 3 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 SunX live order book, 6 min ago | 48.86 bp | 73.9 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.51 bp | 11.2 bp −$11 | 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 | −0.1532% | 8h | 2.9510 | −0.640% | $1.7M | $783K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0501% | 1h | 2.9725 | +0.084% | $495K | $518K | 50x | as long as short |
| Variational Omni ICP | −0.0347% | 8h | 2.9665 | −0.119% | $1.1M | $104K | — | as long as short |
| Injective ICP/USDC PERP | −0.0320% | 1h | 2.9675 | −0.084% | $202 | $148K | 12x | as long as short |
| Bybit ICPUSDT | −0.0195% | 8h | 2.9680 | −0.067% | $17.1M | $17.3M | 75x | as long as short |
| Gate ICP_USDT | −0.0171% | 8h | 2.9680 | −0.067% | $1.8M | $2.7M | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0086% | 1h | 2.9716 | +0.054% | $265 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9715 | +0.049% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9720 | +0.067% | $27K | — | 150x | as long as short |
| OKX ICP-USDT-SWAP | +0.0044% | 8h | 2.9680 | −0.067% | $5.8M | $15.7M | 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 | 2.9756 | +0.189% | $168K | $443K | 5x | as long as short |
| Hyperliquid ICPshort | +0.0100% | 1h | 2.9782 | +0.276% | $4.8M | $4.7M | 5x | |
| Aster ICPUSDT | +0.0100% | 8h | 2.9732 | +0.107% | $197K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9720 | +0.069% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9704 | +0.012% | $28.8M | $48.1M | 75x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9710 | +0.034% | $20.7M | $8.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9730 | +0.101% | $5.3M | $12.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9730 | +0.101% | $6.9M | $4.2M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9700 | 0.000% | — | $4.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9689 | −0.037% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9659 | −0.139% | $571K | $491K | 10x | as long as short |
| SunX ICP-USDTlong | +0.0100% | 8h | 2.9700 | long leg | $2K | $1.7M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9700 | 0.000% | $106K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9716 | +0.053% | $24K | $133K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9680 | −0.067% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 2.9730 | +0.101% | $63K | $85K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0423% / S −0.0355% | 1h | 2.9708 | +0.027% | $31K | — | 100x | as long as short |
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]