Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Hyperliquid against SunX+0.033%7-day average +0.257% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1601.599% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now +0.033%, 7d avg +0.257%
=Together, before fees+0.126%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 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: Hyperliquid is 0.224% cheaper against SunX than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.257%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORDI-USDT | 4.8450 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $2K | $1.2M | 20x |
| Short | Hyperliquid ORDI | 4.8466 | 0.0100 | get 0.0013% / 1h | 41m 54s | $699K | $665K | 3x |
SunX ORDI-USDT
Hyperliquid ORDIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against SunX. 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: +0.033% → +0.257%
- −$22.4
- Slippage, 4 orders
- −$142.85
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$182.25
- Costs to cover
- 1.599%
- Break-even
- never at this rate
Slippage from SunX: live order book, 2 min ago; Hyperliquid: live order book, 38 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 SunX live order book, 2 min ago | 30.98 bp | 81.9 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 38 min ago | 1.01 bp | 17.1 bp −$17 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0722% | 1h | 4.8352 | −0.201% | $69K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0298% | 4h | 4.8360 | −0.186% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8495 | +0.094% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.986% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDIshort | +0.0100% | 1h | 4.8466 | +0.033% | $699K | $665K | 3x | |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8424 | −0.053% | $7K | $427K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8412 | −0.079% | $9.9M | $33.9M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8350 | −0.206% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8370 | −0.165% | $5.2M | $17.6M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8420 | −0.062% | $6.5M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
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 | 4.8416 | −0.070% | $967K | $821K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8410 | −0.083% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8370 | −0.165% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8606 | +0.323% | $24K | $42K | — | as long as short |
| SunX ORDI-USDTlong | +0.0100% | 4h | 4.8450 | long leg | $2K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8350 | −0.206% | $84K | $427K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8412 | −0.078% | $2K | $180K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0107% | 4h | 4.8510 | +0.124% | $595K | $297K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8362 | −0.181% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]