Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.08049 | +0.0100 | pay 0.0013% / 1h | 49m 24s | $6.3M | $4.7M | 3x | Long Hyperliquid4% off | |
| SHORT | 0.08062 | +0.0100 | get 0.0050% / 4h | 1h 49m | $42K | $243K | 20x | Short HTX |
Price gap+0.160%48s
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$26 on $10k if the gap goes back to its 7d average.
The two prices were read 48 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 −0.237% over the last 6 days (all we have)
Price—spread +0.160%48s now · prices read too far apart to compare
Costs−$3703.702% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both prices read together
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
HTX price against Hyperliquidnow
RANGE STATS · 7D
Now+0.160%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNIL on 14 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size16.9 / 142.1 bpAt $10k entering HTX costs 142.1 bp, fee and slippage, 8.4× Hyperliquid’s.
- Note: Margin at max leverage$3,333 + $500Hyperliquid 3x, HTX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Hyperliquid: 24 payments, −$3.00; short HTX: 6 payments, +$3.00.
- Watch: Prices read 48 s apart+0.160% vs −0.096%Part of this gap may be the market moving.
- Watch: Short leg is thinner$42K vs $6.3M OIHTX sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- Watch: KYCHyperliquid No · HTX LimitedNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0137%/8h × 21 periods−$28.87
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$349.16
Fee Hyperliquid bp × 2 orders−$9.00
Fee HTX bp × 2 orders−$12.00
Net · 7 days · $10k−$399.03
price spread not counted: prices read too far apartCosts to cover3.702%Break-evennever at this rate
Slippage: Hyperliquid: live order book, 2 min ago; HTX: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid0.5616.9 bp−$17doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTHTX21.02142.1 bp−$142doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 11:00 | gTrade (Gains Network) | Listing | NIL/USD no longer reported ($NIL) seen by our collector |
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