Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid+0.013%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$880.880% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now +0.013%, 7d avg +0.019%
=Together, before fees+0.360%+ Points / potential airdropHyperliquid: Season 2 · farm board+$36 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid IO | 0.1516 | 0.0100 | pay 0.0013% / 1h | 2m 27s | $1.0M | $387K | 3x |
| Short | BingX IO-USDT | 0.1516 | 0.0100 | get 0.0050% / 4h | 1h 02m | — | $1.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $0
- Price spread: +0.013% → +0.019%
- −$0.62
- Slippage, 4 orders
- −$68.99
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$88.6
- Costs to cover
- 0.880%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; BingX: live order book, 8 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, 8 min ago | 1.65 bp | 19.3 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 6.63 bp | 24.9 bp −$25 | 69.3 bp −$693 | 462.9 bp −$46.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOUSD | −0.0637% | 1h | 0.1520 | +0.295% | $39K | $21K | 10x | as long as short |
| BloFin IO-USDT | +0.0068% | 4h | 0.1516 | +0.013% | $194K | $31K | 50x | as long as short |
| Hyperliquid IOlong | +0.0100% | 1h | 0.1516 | long leg | $1.0M | $387K | 3x | |
| Aster IOUSDT | +0.0100% | 4h | 0.1518 | +0.157% | $6K | $32K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1516 | +0.036% | $3.0M | $6.5M | 50x | as long as short |
| Bybit IOUSDT | +0.0100% | 4h | 0.1514 | −0.106% | $1.1M | $878K | 25x | as long as short |
| Gate IO_USDT | +0.0100% | 4h | 0.1517 | +0.066% | $246K | $553K | 50x | as long as short |
| MEXC IO_USDT | +0.0100% | 4h | 0.1515 | −0.053% | $1.1M | $233K | 125x | as long as short |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1515 | −0.053% | $399K | $654K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1517 | +0.079% | $1.3M | $1.2M | 50x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX IO-USDTshort | +0.0100% | 4h | 0.1516 | +0.013% | — | $1.3M | — | |
| Variational Omni IO | +0.0100% | 4h | 0.1510 | −0.363% | $30K | $5K | — | as long as short |
| Extended IO-USD | +0.0104% | 1h | 0.1517 | +0.059% | $5K | $171K | 5x | as long as short |
| Injective IO/USDC PERP | +0.0163% | 1h | 0.1514 | −0.119% | $2K | $106 | 5.5x | as long as short |
Hyperliquid IO
BingX IO-USDT
Kraken Futures PF_IOUSD
BloFin IO-USDT
Aster IOUSDT
Binance IOUSDT
Bybit IOUSDT
Gate IO_USDT
MEXC IO_USDT
KuCoin IOUSDTM
Bitget IOUSDT
Variational Omni IO
Extended IO-USD
Injective IO/USDC PERP