Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: SunX against Hyperliquid−0.382%7-day average −0.249% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1681.684% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.170%+$17 · spread now −0.382%, 7d avg −0.249%
=Together, before fees+0.167%+ Points / potential airdropHyperliquid: Season 2 · farm board+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.133% cheaper against Hyperliquid than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.249%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ORDI | 4.8666 | 0.0100 | pay 0.0013% / 1h | 22m 37s | $707K | $647K | 3x |
| Short | SunX ORDI-USDT | 4.8480 | 0.0100 | get 0.0050% / 4h | 1h 22m | $2K | $1.2M | 20x |
Hyperliquid ORDI
SunX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $0
- Price spread: −0.382% → −0.249%
- −$13.29
- Slippage, 4 orders
- −$151.44
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$181.72
- Costs to cover
- 1.684%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 57 min ago; SunX: live order book, 1 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, 57 min ago | 1.54 bp | 16.2 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 30.92 bp | 49.9 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
ORDI on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.8463 | −0.417% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.403% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0070% | 4h | 4.8570 | −0.197% | $604K | $307K | 75x | as long as short |
| Hyperliquid ORDIlong | +0.0100% | 1h | 4.8666 | long leg | $707K | $647K | 3x | |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8543 | −0.253% | $5K | $415K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8622 | −0.091% | $10.0M | $30.9M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8500 | −0.341% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8590 | −0.156% | $5.3M | $16.3M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8520 | −0.300% | $1.2M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8600 | −0.136% | $7.0M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8517 | −0.306% | $927K | $826K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8600 | −0.136% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8550 | −0.238% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8454 | −0.436% | $24K | $56K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.8480 | −0.382% | $2K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8540 | −0.259% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8599 | −0.138% | $5K | $172K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8545 | −0.248% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2958% | 1h | 4.8701 | +0.071% | $66K | $42K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD