Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX+0.022%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.488%+$49 · spread now +0.022%, 7d avg −0.045%
=Together, before fees+0.487%+ Points / potential airdropHyperliquid: Season 2 · farm board+$49 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 0.067% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PEOPLE-USDT | 0.009131 | 0.0100 | pay 0.0100% / 8h | 2h 56m | — | $5.7M | — |
| Short | Hyperliquid PEOPLE | 0.009133 | 0.0100 | get 0.0013% / 1h | 56m 11s | $424K | $217K | 3x |
BingX PEOPLE-USDT
Hyperliquid PEOPLEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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: +0.022% → −0.045%
- $6.66
- Slippage, 4 orders
- −$50.64
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$62.97
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Hyperliquid: live order book, 28 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 BingX live order book, 9 min ago | 5.45 bp | 18.3 bp −$18 | 41.2 bp −$412 | 365.6 bp −$36.6K | 471.5 bp −$235.7K |
| Sell Hyperliquid live order book, 28 min ago | 1.09 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
PEOPLE on 15 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_PEOPLEUSD | −0.1444% | 1h | 0.009124 | −0.073% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0157% | 8h | 0.009127 | −0.044% | $662K | $125K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0118% | 8h | 0.009177 | +0.505% | $6K | $4K | — | as long as short |
| Bybit PEOPLEUSDT | −0.0014% | 8h | 0.009127 | −0.044% | $1.6M | $2.1M | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0080% | 8h | 0.009122 | −0.099% | $351K | $85K | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0086% | 8h | 0.009134 | +0.033% | $766K | $1.4M | 50x | as long as short |
| Hyperliquid PEOPLEshort | +0.0100% | 1h | 0.009133 | +0.022% | $424K | $217K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009132 | +0.013% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009132 | +0.013% | $5.5M | $15.2M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009134 | +0.033% | $3.3M | $8.4M | 20x | as long as short |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Bybit PEOPLEUSDT
BloFin PEOPLE-USDT
Gate PEOPLE_USDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009130 | −0.011% | $666K | $302K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009133 | +0.022% | $1.6M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDTlong | +0.0100% | 8h | 0.009131 | long leg | — | $5.7M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009130 | −0.011% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009124 | −0.077% | $183 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
Extended PEOPLE-USD