Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +2.9% APRpaid last 24h +0.036%
Price spread now: Hyperliquid against Bitget+0.073%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$640.636% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now +0.073%, 7d avg +0.076%
=Together, before fees+0.121%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget POLUSDT | 0.1101 | 0.0100 | pay 0.0050% / 4h | 6m 45s | $4.1M | $4.6M | 50x |
| Short | Hyperliquid POL | 0.1102 | 0.0127 | get 0.0016% / 1h | 6m 45s | $7.5M | $3.7M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $5.62
- Price spread: +0.073% → +0.076%
- −$0.36
- Slippage, 4 orders
- −$42.62
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$58.36
- Costs to cover
- 0.636%
- Break-even
- 79.7 days
Slippage from Bitget: live order book, 1 min ago; Hyperliquid: live order book, 5 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 Bitget live order book, 1 min ago | 2.27 bp | 16.6 bp −$17 | 27.6 bp −$276 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.91 bp | 14.2 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
POL on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0520% | 1h | 0.1097 | −0.390% | $202K | $195K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1101 | −0.068% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1102 | +0.036% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +0.881% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0042% | 4h | 0.1101 | −0.036% | $11K | $248K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1101 | +0.016% | $280K | $555K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1101 | −0.023% | $365K | $271K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1101 | −0.041% | $17.1M | $41.5M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1100 | −0.100% | $15.8M | $11.8M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1101 | −0.064% | $5.7M | $10.1M | 50x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate POL_USDT | +0.0100% | 4h | 0.1100 | −0.091% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1101 | −0.036% | $24.7M | $3.6M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1102 | +0.064% | $2.9M | $975K | 50x | as long as short |
| Bitget POLUSDTlong | +0.0100% | 4h | 0.1101 | long leg | $4.1M | $4.6M | 50x | |
| BingX POL-USDT | +0.0100% | 4h | 0.1101 | −0.054% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1102 | +0.050% | $610K | $206K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1102 | +0.099% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1103 | +0.154% | $196K | $638K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1101 | −0.060% | $92K | $454K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1100 | −0.133% | $40K | — | 3x | as long as short |
| dYdX POL-USD | +0.0123% | 1h | 0.1102 | +0.045% | $17K | $2K | 5x | as long as short |
| Hyperliquid POLshort | +0.0127% | 1h | 0.1102 | +0.073% | $7.5M | $3.7M | 5x | |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1102 | +0.021% | $3K | — | 100x | as long as short |
| Kraken Futures PF_POLUSD | +0.0313% | 1h | 0.1102 | +0.036% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1101 | −0.027% | $910K | $169K | 75x | as long as short |
Bitget POLUSDT
Hyperliquid POL
Coinbase International POL-PERP-INTX
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
BingX POL-USDT
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
GMX POL/USD [ETH-USDC]
Kraken Futures PF_POLUSD
BloFin POL-USDT