Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX+0.193%7-day average +0.058% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.193%, 7d avg +0.058%
=Together, before fees−0.122%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 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 0.135% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX INIT-USDT | 0.08292 | 0.0100 | pay 0.0050% / 4h | 2h 32m | — | $6.6M | — |
| Short | Hyperliquid INIT | 0.08308 | 0.0100 | get 0.0013% / 1h | 32m 57s | $310K | $237K | 3x |
BingX INIT-USDT
Hyperliquid INITFunding 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: +0.193% → +0.058%
- $13.46
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$5.54
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 4 min ago; Hyperliquid: live order book, 37 min ago. Net counts fees only.
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, 4 min ago | 7.25 bp | 42.6 bp −$43 | 129.2 bp −$1,292 | 628.4 bp −$62.8K | 852.1 bp −$426.1K |
| Sell Hyperliquid live order book, 37 min ago | 2.12 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid INITshort | +0.0100% | 1h | 0.08308 | +0.193% | $310K | $237K | 3x | |
| Aster INITUSDT | +0.0100% | 4h | 0.08292 | +0.004% | $27K | $39K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08300 | +0.094% | $3.4M | $4.0M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08283 | −0.109% | $1.4M | $1.7M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08295 | +0.036% | $139K | $742K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08286 | −0.072% | $81K | $46K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08298 | +0.072% | $442K | $209K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08300 | +0.096% | $323K | $63K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08289 | −0.036% | $426K | $346K | 25x | as long as short |
| BingX INIT-USDTlong | +0.0100% | 4h | 0.08292 | long leg | — | $6.6M | — |
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni INIT | +0.0100% | 4h | 0.08264 | −0.335% | $26K | $14K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.0113% | 1h | 0.08299 | +0.088% | $5K | $24K | 10x | as long as short |
| BloFin INIT-USDT | +0.0121% | 4h | 0.08282 | −0.121% | $152K | $109K | 25x | as long as short |
Variational Omni INIT
Kraken Futures PF_INITUSD
BloFin INIT-USDT