Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: Hyperliquid against Bitget−0.054%7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1671.672% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now −0.054%, 7d avg −0.153%
=Together, before fees−0.060%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 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 0.099% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.153%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IOTAUSDT | 0.04829 | 0.0100 | pay 0.0100% / 8h | 5h 20m | $1.8M | $715K | 50x |
| Short | Hyperliquid IOTA | 0.04826 | 0.0100 | get 0.0013% / 1h | 20m 35s | $905K | $400K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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: −0.054% → −0.153%
- $9.87
- Slippage, 4 orders
- −$146.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$157.33
- Costs to cover
- 1.672%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Hyperliquid: live order book, 19 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 Bitget live order book, 1 min ago | 4.14 bp | 31.6 bp −$32 | 224.3 bp −$2,243 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 19 min ago | 2.19 bp | 55.6 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
IOTA on 12 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_IOTAUSD | −0.0195% | 1h | 0.04821 | −0.163% | $18K | $12K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0093% | 8h | 0.04812 | −0.352% | $170K | $43K | 75x | as long as short |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04826 | −0.054% | $905K | $400K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04822 | −0.145% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04820 | −0.186% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04821 | −0.166% | $564K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04819 | −0.207% | $836K | $263K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04821 | −0.166% | $595K | $172K | 125x | as long as short |
| Bitget IOTAUSDTlong | +0.0100% | 8h | 0.04829 | long leg | $1.8M | $715K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04821 | −0.166% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04820 | −0.184% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0901% | 8h | 0.04819 | −0.207% | $2.8M | $241K | 30x | as long as short |
Bitget IOTAUSDT
Hyperliquid IOTA
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
BingX IOTA-USDT
Variational Omni IOTA
KuCoin IOTAUSDTM