Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid+0.144%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1671.670% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.144%, 7d avg +0.159%
=Together, before fees−0.012%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid IOTA | 0.04801 | 0.0100 | pay 0.0013% / 1h | 52m 04s | $827K | $239K | 3x |
| Short | Bitget IOTAUSDT | 0.04808 | 0.0100 | get 0.0100% / 8h | 1h 52m | $1.8M | $639K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.144% → +0.159%
- −$1.5
- Slippage, 4 orders
- −$145.98
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$168.48
- Costs to cover
- 1.670%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 28 min ago; Bitget: live order book, 5 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, 28 min ago | 1.04 bp | 36.7 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 5.20 bp | 35.7 bp −$36 | 451.6 bp −$4,516 | 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 | −0.0800% | 1h | 0.04800 | −0.023% | $18K | $16K | 10x | as long as short |
| Hyperliquid IOTAlong | +0.0100% | 1h | 0.04801 | long leg | $827K | $239K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04800 | −0.026% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04797 | −0.085% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04794 | −0.148% | $564K | $1.3M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04803 | +0.040% | $884K | $174K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04800 | −0.023% | $597K | $183K | 125x | as long as short |
| Bitget IOTAUSDTshort | +0.0100% | 8h | 0.04808 | +0.144% | $1.8M | $639K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04801 | −0.002% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04798 | −0.073% | $38K | $36K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0108% | 8h | 0.04798 | −0.065% | $169K | $36K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0596% | 8h | 0.04804 | +0.060% | $2.7M | $223K | 30x | as long as short |
Hyperliquid IOTA
Bitget IOTAUSDT
Kraken Futures PF_IOTAUSD
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDT
KuCoin IOTAUSDTM