Funding you earn now, next payment 02:00 UTC+0.0147%/8h= +16.1% APRpaid last 24h +0.009%
Price spread now: Bitget against Hyperliquid+0.263%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1841.836% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.263%, 7d avg +0.124%
=Together, before fees−0.129%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.139% dearer against Hyperliquid than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NXPC | 0.2511 | −0.0047 | get 0.0006% / 1h | 12m 10s | $396K | $373K | 3x |
| Short | Bitget NXPCUSDT | 0.2518 | 0.0100 | get 0.0050% / 4h | 2h 12m | $466K | $861K | 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
- $30.85
- Price spread: +0.263% → +0.124%
- $13.86
- Slippage, 4 orders
- −$162.65
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$138.94
- Costs to cover
- 1.836%
- Break-even
- 38.5 days
Slippage from Hyperliquid: live order book, 28 min ago; Bitget: live order book, 49 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 | 6.78 bp | 57.6 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 49 min ago | 7.92 bp | 41.4 bp −$41 | 251.3 bp −$2,513 | doesn't fit | doesn't fit |
NXPC on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid NXPClong | −0.0047% | 1h | 0.2511 | long leg | $396K | $373K | 3x | |
| BingX NXPC-USDT | +0.0070% | 4h | 0.2513 | +0.064% | — | $6.5M | — | as long as short |
| Binance NXPCUSDT | +0.0100% | 4h | 0.2515 | +0.143% | $4.8M | $7.2M | 50x | as long as short |
| Bybit NXPCUSDT | +0.0100% | 4h | 0.2513 | +0.064% | $1.3M | $2.4M | 25x | as long as short |
| Gate NXPC_USDT | +0.0100% | 8h | 0.2510 | −0.056% | $97K | $187K | 50x | as long as short |
| MEXC NXPC_USDT | +0.0100% | 4h | 0.2513 | +0.064% | $558K | $219K | 100x | as long as short |
| KuCoin NXPCUSDTM | +0.0100% | 4h | 0.2513 | +0.064% | $578K | $160K | 50x | as long as short |
| Bitget NXPCUSDTshort | +0.0100% | 4h | 0.2518 | +0.263% | $466K | $861K | 50x | |
| Variational Omni NXPC | +0.0100% | 4h | 0.2510 | −0.054% | $30K | $2K | — | as long as short |
| ApeX Omni NXPCUSDT | +0.0100% | 1h | 0.2522 | +0.422% | $18K | $630K | 50x | as long as short |
Hyperliquid NXPC
Bitget NXPCUSDT
BingX NXPC-USDT
Binance NXPCUSDT
Bybit NXPCUSDT
Gate NXPC_USDT
MEXC NXPC_USDT
KuCoin NXPCUSDTM
Variational Omni NXPC
ApeX Omni NXPCUSDT