Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bitget+0.022%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$930.930% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now +0.022%, 7d avg +0.076%
=Together, before fees+0.059%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 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 0.053% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PYTHUSDT | 0.06257 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $2.6M | $2.2M | 75x |
| Short | Hyperliquid PYTH | 0.06258 | 0.0100 | get 0.0013% / 1h | 32m 54s | $2.1M | $1.9M | 5x |
Bitget PYTHUSDT
Hyperliquid PYTHFunding 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
- $0
- Price spread: +0.022% → +0.076%
- −$5.35
- Slippage, 4 orders
- −$72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$98.34
- Costs to cover
- 0.930%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Hyperliquid: live order book, 8 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, 4 min ago | 3.99 bp | 24.4 bp −$24 | 56.9 bp −$569 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 3.20 bp | 32.7 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
PYTH on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0436% | 1h | 0.06266 | +0.136% | $38K | $63K | 10x | as long as short |
| Gate PYTH_USDT | −0.0100% | 4h | 0.06247 | −0.160% | $1.0M | $528K | 75x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0069% | 1h | 0.06259 | +0.032% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06261 | +0.064% | $186K | $19 | 5x | as long as short |
| BloFin PYTH-USDT | +0.0027% | 4h | 0.06246 | −0.176% | $421K | $75K | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | +0.048% | $553 | $220K | 5.5x | as long as short |
| Binance PYTHUSDT | +0.0040% | 4h | 0.06255 | −0.033% | $8.9M | $18.8M | 75x | as long as short |
| MEXC PYTH_USDT | +0.0042% | 4h | 0.06257 | 0.000% | $10.5M | $2.7M | 125x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06255 | −0.032% | $22K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06261 | +0.064% | $191K | $208K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
Deribit PYTH_USDC-PERPETUAL
dYdX PYTH-USD
BloFin PYTH-USDT
Injective PYTH/USDC PERP
Binance PYTHUSDT
MEXC PYTH_USDT
Aevo PYTH-PERP
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06245 | −0.186% | $3K | — | 10x | as long as short |
| Hyperliquid PYTHshort | +0.0100% | 1h | 0.06258 | +0.022% | $2.1M | $1.9M | 5x | |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06257 | +0.006% | $20K | $45K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06256 | −0.016% | $7.4M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06258 | +0.016% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06259 | +0.032% | $1.5M | $351K | 50x | as long as short |
| Bitget PYTHUSDTlong | +0.0100% | 4h | 0.06257 | long leg | $2.6M | $2.2M | 75x | |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06254 | −0.048% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06277 | +0.320% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06258 | +0.022% | $2K | $2K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0238% | 1h | 0.06260 | +0.044% | $382K | $302K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06253 | −0.067% | — | — | 20x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0312% | 1h | 0.06493 | +3.772% | $40K | $19K | 25x | as long as short |
Paradex PYTH-USD-PERP
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP
Coinbase International PYTH-PERP-INTX