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

PURR

all PURR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.139%
Price spread now: BingX against Hyperliquid−2.823%7-day average −0.498% · 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−0.428%−$43 on $10k
Price spread, last 4 days (all we have)+2.674%+$267 · spread now −2.823%, 7d avg −0.498%
Together, before fees+2.245%+ Points / potential airdropHyperliquid: Season 2 · farm board+$225 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 2.325% cheaper against Hyperliquid than usual: you would sell low and buy high, −$233 on $10k if it goes back to its 7-day average of −0.498%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid PURR0.12330.0100pay 0.0013% / 1h13m 19s$13.8M$2.6M3x
ShortBingX PURR-USDT0.11980.0100get 0.0050% / 4h3h 13m$347K

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

Profit calculator

Funding earned
$0
Price spread: −2.823% → −0.498%
−$232.52
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$251.52
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; BingX: live order book, 15 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 Hyperliquid live order book, 9 min ago13.31 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 15 min ago40.65 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
MEXC PURR_USDT−0.0282%4h0.1197−2.904%$13K$84K20xas long as short
Hyperliquid PURRlong+0.0100%1h0.1233long leg$13.8M$2.6M3x
BingX PURR-USDTshort+0.0100%4h0.1198−2.823%$347K