Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid−0.066%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as 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)−0.444%−$44 · spread now −0.066%, 7d avg +0.045%
=Together, before fees−0.443%+ Points / potential airdropHyperliquid: Season 2 · farm board−$44 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: BingX is 0.110% cheaper against Hyperliquid than usual: you would sell low and buy high, −$11 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 | Hyperliquid PEOPLE | 0.009134 | 0.0100 | pay 0.0013% / 1h | 50m 25s | $424K | $215K | 3x |
| Short | BingX PEOPLE-USDT | 0.009128 | 0.0100 | get 0.0100% / 8h | 2h 50m | — | $5.7M | — |
Hyperliquid PEOPLE
BingX PEOPLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.066% → +0.045%
- −$11.04
- Slippage, 4 orders
- −$50.64
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$80.68
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 34 min ago; BingX: live order book, 15 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, 34 min ago | 1.09 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 5.45 bp | 19.9 bp −$20 | 34.9 bp −$349 | 279.0 bp −$27.9K | 444.7 bp −$222.3K |
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 | −0.1446% | 1h | 0.009111 | −0.256% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0147% | 8h | 0.009119 | −0.164% | $661K | $124K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0119% | 8h | 0.009111 | −0.251% | $6K | $4K | — | as long as short |
| Bybit PEOPLEUSDT | −0.0002% | 8h | 0.009126 | −0.088% | $1.6M | $2.1M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0097% | 8h | 0.009132 | −0.022% | $766K | $1.4M | 50x | as long as short |
| Hyperliquid PEOPLElong | +0.0100% | 1h | 0.009134 | long leg | $424K | $215K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009120 | −0.158% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009133 | −0.016% | $5.5M | $15.2M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009124 | −0.109% | $3.3M | $8.4M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009123 | −0.120% | $665K | $302K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Bybit PEOPLEUSDT
Gate PEOPLE_USDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009127 | −0.077% | $1.6M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDTshort | +0.0100% | 8h | 0.009128 | −0.066% | — | $5.7M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009121 | −0.142% | $43K | $51K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0100% | 8h | 0.009112 | −0.241% | $350K | $85K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009119 | −0.165% | $182 | — | 5x | as long as short |
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
BloFin PEOPLE-USDT
Extended PEOPLE-USD