Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.2335 | +0.0100 | pay 0.0012% / 1h | 17m 28s | $55K | $208K | 20x | Long Bullet | |
| SHORT | 5.2623 | +0.0100 | get 0.0013% / 1h | 17m 28s | $329.9M | $353.3M | 10x | Short Hyperliquid4% off |
Price gap+0.550%59s
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$47 on $10k if the gap goes back to its 7d average.
The two prices were read 59 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$240.0000% /8h now · paid +0.244% over the last 7D
Price—spread +0.550%59s now · prices read too far apart to compare
Costs−$260.261% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.550%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNEAR on 44 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Large against open interest5.6 / 7.7 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$500 + $1,000Bullet 20x, Hyperliquid 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$0.01Long Bullet: 24 payments, −$2.99; short Hyperliquid: 24 payments, +$3.00.
- Watch: Prices read 59 s apart+0.550% vs +0.082%Part of this gap may be the market moving.
- Watch: Long leg is thinner$55K vs $329.9M OIBullet sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legBullet No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0128%/8h × 21 periods+$26.80
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$9.12
Fee Bullet bp × 2 orders−$8.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k+$0.69
price spread not counted: prices read too far apartCosts to cover0.261%Break-even6.8 days
Slippage: Bullet: live order book, 45 min ago; Hyperliquid: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBullet1.135.6 bp−$611.8 bp−$118doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid0.767.7 bp−$812.0 bp−$12031.3 bp−$3,13390.9 bp−$45.5K
Closing costs about the same again.
| 09-30 02:45 | MEXC | Other | Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗ |
| 09-30 01:05 | Reya | Listing | NEARRUSDPERP no longer reported ($NEAR) seen by our collector |
| 09-29 11:00 | Bulk | Listing | NEAR-USD no longer reported ($NEAR) seen by our collector |
| 09-28 18:50 | Aevo | Other | bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-28 14:46 | RISEx | Other | This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗ |
| 09-28 03:00 | MEXC | Other | NEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗ |
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