Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX−0.040%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$970.967% of the position
Funding, last 7 days−0.201%−$20 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now −0.040%, 7d avg −0.023%
=Together, before fees−0.158%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IO-USDT | 0.1508 | 0.0100 | pay 0.0050% / 4h | 57m 49s | — | $1.3M | — |
| Short | Hyperliquid IO | 0.1507 | 0.0100 | get 0.0013% / 1h | 57m 49s | $1.0M | $378K | 3x |
BingX IO-USDT
Hyperliquid IOFunding 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: −0.040% → −0.023%
- −$1.67
- Slippage, 4 orders
- −$77.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$98.36
- Costs to cover
- 0.967%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Hyperliquid: live order book, 2 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, 2 min ago | 9.94 bp | 20.9 bp −$21 | 58.7 bp −$587 | 454.7 bp −$45.5K | 679.3 bp −$339.6K |
| Sell Hyperliquid live order book, 2 min ago | 1.99 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
IO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IO-USDT | +0.0078% | 4h | 0.1509 | +0.066% | $193K | $39K | 50x | as long as short |
| Hyperliquid IOshort | +0.0100% | 1h | 0.1507 | −0.040% | $1.0M | $378K | 3x | |
| Aster IOUSDT | +0.0100% | 4h | 0.1510 | +0.107% | $23K | $49K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1508 | −0.001% | $3.0M | $6.6M | 50x | as long as short |
| Bybit IOUSDT | +0.0100% | 4h | 0.1505 | −0.206% | $1.1M | $912K | 25x | as long as short |
| Gate IO_USDT | +0.0100% | 4h | 0.1509 | +0.066% | $230K | $545K | 50x | as long as short |
| MEXC IO_USDT | +0.0100% | 4h | 0.1505 | −0.199% | $1.2M | $225K | 125x | as long as short |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1510 | +0.133% | $353K | $656K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1508 | 0.000% | $1.3M | $1.3M | 50x | as long as short |
| BingX IO-USDTlong | +0.0100% | 4h | 0.1508 | long leg | — | $1.3M | — |
BloFin IO-USDT
Aster IOUSDT
Binance IOUSDT
Bybit IOUSDT
Gate IO_USDT
MEXC IO_USDT
KuCoin IOUSDTM
Bitget IOUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1510 | +0.113% | $33K | $13K | — | as long as short |
| Extended IO-USD | +0.0104% | 1h | 0.1507 | −0.090% | $2K | $130K | 5x | as long as short |
| Injective IO/USDC PERP | +0.0583% | 1h | 0.1512 | +0.265% | $2K | $199 | 5.5x | as long as short |
| Kraken Futures PF_IOUSD | +3.7413% | 1h | 0.1503 | −0.357% | $39K | $18K | 10x | as long as short |
Variational Omni IO
Extended IO-USD
Injective IO/USDC PERP
Kraken Futures PF_IOUSD