Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid−0.098%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$710.707% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.098%, 7d avg −0.063%
=Together, before fees+0.018%+ Points / potential airdropHyperliquid: Season 2 · farm board+$2 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 0.035% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PYTH | 0.06312 | 0.0100 | pay 0.0013% / 1h | 47m 14s | $2.0M | $1.7M | 5x |
| Short | BingX PYTH-USDT | 0.06306 | 0.0100 | get 0.0050% / 4h | 1h 47m | — | $2.7M | — |
Hyperliquid PYTH
BingX PYTH-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: −0.098% → −0.063%
- −$3.54
- Slippage, 4 orders
- −$51.71
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$74.25
- Costs to cover
- 0.707%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; BingX: live order book, 2 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, 4 min ago | 0.95 bp | 17.4 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 3.96 bp | 14.5 bp −$15 | 31.9 bp −$319 | 177.1 bp −$17.7K | 437.0 bp −$218.5K |
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 | −0.0464% | 1h | 0.06321 | +0.147% | $38K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0212% | 4h | 0.06293 | −0.304% | $1.0M | $497K | 75x | as long as short |
| MEXC PYTH_USDT | −0.0050% | 4h | 0.06301 | −0.177% | $9.5M | $2.3M | 125x | as long as short |
| Binance PYTHUSDT | −0.0046% | 4h | 0.06300 | −0.193% | $9.0M | $17.7M | 75x | as long as short |
| BloFin PYTH-USDT | −0.0025% | 4h | 0.06298 | −0.225% | — | $89K | 75x | as long as short |
| Aster PYTHUSDT | −0.0012% | 4h | 0.06302 | −0.158% | $20K | $46K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06315 | +0.041% | $188K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.827% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0072% | 1h | 0.06305 | −0.114% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06310 | −0.035% | $189K | $204K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
MEXC PYTH_USDT
Binance PYTHUSDT
BloFin PYTH-USDT
Aster PYTHUSDT
dYdX PYTH-USD
Injective PYTH/USDC PERP
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 | 0.06304 | −0.133% | $3K | — | 10x | as long as short |
| Hyperliquid PYTHlong | +0.0100% | 1h | 0.06312 | long leg | $2.0M | $1.7M | 5x | |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06306 | −0.098% | $7.5M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06305 | −0.114% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06310 | −0.035% | $1.5M | $341K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06300 | −0.193% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDTshort | +0.0100% | 4h | 0.06306 | −0.098% | — | $2.7M | — | |
| Variational Omni PYTH | +0.0100% | 4h | 0.06342 | +0.468% | $38K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06302 | −0.165% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06369 | +0.900% | $39K | $18K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06299 | −0.210% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0304% | 1h | 0.06307 | −0.079% | $385K | $291K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0701% | 1h | 0.06317 | +0.076% | $10K | $10K | 10x | as long as short |
Paradex PYTH-USD-PERP
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Deribit PYTH_USDC-PERPETUAL