Settings8H · net · $10k
Funding arb · Price arb /

NOT

all NOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Hyperliquid against Extended+0.126%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.126% dearer against Extended than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended kNOT-USD0.00050640.0104pay 0.0013% / 1h51m 07s$4K$4915x
ShortHyperliquid NOT0.00050700.0100get 0.0013% / 1h51m 07s$370K$51K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: +0.126% → 0.000%
$12.57
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$2.27
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; Hyperliquid: live order book, 59 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Hyperliquid live order book, 59 min ago9.81 bp33.4 bp −$33doesn't fitdoesn't fitdoesn't fit
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NOT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NOT−0.0231%4h0.0005058−0.117%$71K$39Kas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.745%$1K$13K5.5xas long as short
Bybit NOTUSDT+0.0062%4h0.0005059−0.092%$2.1M$866K25xas long as short
KuCoin NOTUSDTM+0.0090%4h0.0005051−0.250%$461K$135K50xas long as short
BloFin NOT-USDT+0.0094%4h0.0005064+0.007%$112K$17K50xas long as short
Lighter 1000NOT+0.0096%1h0.0005075+0.224%$11K$5K3xas long as short
Hyperliquid NOTshort+0.0100%1h0.0005070+0.126%$370K$51K3x
Aster NOTUSDT+0.0100%4h0.0005067+0.074%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005063−0.013%$2.1M$3.2M50xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005066+0.047%$625K$644K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NOT_USDT+0.0100%4h0.0005056−0.151%$143K$81K50xas long as short
MEXC NOT_USDT+0.0100%4h0.0005062−0.032%$1.3M$465K200xas long as short
Bitget NOTUSDT+0.0100%4h0.0005063−0.013%$668K$408K50xas long as short
BingX NOT-USDC+0.0100%4h0.0005065+0.027%$721Kas long as short
Extended kNOT-USDlong+0.0104%1h0.0005064long leg$4K$4915x
Kraken Futures PF_NOTUSD+0.0202%1h0.0005082+0.361%$50K$10K10xas long as short