Funding you earn now, next payment 03:00 UTC+0.0208%/8h= +22.8% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid−0.226%7-day average −0.170% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.226%, 7d avg −0.170%
=Together, before fees+0.237%+ Points / potential airdropHyperliquid: Season 2 · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.056% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.226% now, against its 7-day average of −0.170%). If the spread goes back, that is −$6 on $10k: about 21 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.077% in total) that is about 5.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MANTA | 0.07088 | 0.0100 | pay 0.0013% / 1h | 45m 21s | $476K | $239K | 3x |
| Short | BingX MANTA-USDT | 0.07072 | 0.0308 | get 0.0154% / 4h | 1h 45m | — | $1.5M | — |
Hyperliquid MANTA
BingX MANTA-USDTFunding 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
- $43.68
- Price spread: −0.226% → −0.170%
- −$5.57
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $19.11
- Costs to cover
- 0.190%
- Break-even
- 3.9 days
Slippage unknown: Hyperliquid: live order book, 64 min ago; BingX: live order book, 1 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 Hyperliquid live order book, 64 min ago | 0.70 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.66 bp | 33.3 bp −$33 | 79.0 bp −$790 | 545.6 bp −$54.6K | 816.9 bp −$408.5K |
MANTA 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MANTA/USDC PERP | −0.4051% | 1h | 0.07005 | −1.171% | $2K | $40K | 5.5x | as long as short |
| Hyperliquid MANTAlong | +0.0100% | 1h | 0.07088 | long leg | $476K | $239K | 3x | |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07070 | −0.260% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07079 | −0.127% | $5.5M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07073 | −0.212% | $3.3M | $801K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07073 | −0.212% | $205K | $133K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07081 | −0.099% | $13.6M | $591K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07061 | −0.381% | $235K | $53K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07065 | −0.321% | $17K | $3K | — | as long as short |
| BloFin MANTA-USDT | +0.0136% | 4h | 0.07072 | −0.226% | $324K | $23K | 50x | as long as short |
Injective MANTA/USDC PERP
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
Gate MANTA_USDT
MEXC MANTA_USDT
KuCoin MANTAUSDTM
Variational Omni MANTA
BloFin MANTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANTAUSDT | +0.0280% | 4h | 0.07090 | +0.028% | $3.2M | $409K | 50x | as long as short |
| BingX MANTA-USDTshort | +0.0308% | 4h | 0.07072 | −0.226% | — | $1.5M | — |
Bitget MANTAUSDT