Settings8H · net · $10k
Funding arb · Price arb /

PURR

all PURR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0404%/8h= +44.2% APRpaid last 24h +0.108%
Price spread now: Hyperliquid against BingX−0.301%7-day average +0.506% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.412%+$41 on $10k
Price spread, last 4 days (all we have)+0.450%+$45 · spread now −0.301%, 7d avg +0.506%
Together, before fees+0.862%+ Points / potential airdropHyperliquid: Season 2 · farm board+$86 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.807% cheaper against BingX than usual: you would sell low and buy high (spread −0.301% now, against its 7-day average of +0.506%). If the spread goes back, that is −$81 on $10k: about 6.7 days of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.412% in total) that is about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PURR-USDT0.12620.0200pay 0.0100% / 4h59m 30s$376K
ShortHyperliquid PURR0.12580.0604get 0.0075% / 1h59m 30s$14.1M$2.9M3x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$84.78
Price spread: −0.301% → +0.506%
−$80.73
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$14.94
Costs to cover
0.190%
Break-even
8.2 days
Slippage unknown: BingX: live order book, 44 min ago; Hyperliquid: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 44 min ago190.48 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago15.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

PURR on 3 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PURR-USDTlong+0.0200%4h0.1262long leg$376K
MEXC PURR_USDT+0.0400%4h0.1260−0.158%$13K$80K20xas long as short
Hyperliquid PURRshort+0.0604%1h0.1258−0.301%$14.1M$2.9M3x