Funding you earn now, next payment 22:00 UTC−0.0165%/8h= −18.1% APRpaid last 24h −0.040%
Price spread now: BingX against Hyperliquid−0.156%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1061.055% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 7 days+0.075%+$8 · spread now −0.156%, 7d avg −0.118%
=Together, before fees−0.024%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.037% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.118%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid REZ | 0.003855 | 0.0267 | pay 0.0033% / 1h | 18m 37s | $1.6M | $504K | 3x |
| Short | BingX REZ-USDT | 0.003849 | 0.0102 | get 0.0051% / 4h | 2h 18m | — | $6.6M | — |
Hyperliquid REZ
BingX REZ-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
- −$34.64
- Price spread: −0.156% → −0.118%
- −$3.72
- Slippage, 4 orders
- −$86.54
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$143.91
- Costs to cover
- 1.055%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; BingX: live order book, 3 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, 2 min ago | 3.89 bp | 23.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 6.49 bp | 28.6 bp −$29 | 68.4 bp −$684 | 438.4 bp −$43.8K | 778.4 bp −$389.2K |
REZ on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin REZ-USDT | +0.0076% | 4h | 0.003850 | −0.130% | $326K | $50K | 50x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003845 | −0.247% | $18K | $37K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003844 | −0.285% | $4.9M | $8.9M | 50x | as long as short |
| Gate REZ_USDT | +0.0100% | 4h | 0.003855 | 0.000% | $400K | $127K | 10x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003844 | −0.285% | $1.3M | $445K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003846 | −0.233% | $455K | $94K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003846 | −0.233% | $605K | $1.2M | 50x | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003855 | +0.007% | $78K | $47K | — | as long as short |
| Bybit REZUSDT | +0.0101% | 4h | 0.003853 | −0.052% | $1.5M | $1.0M | 25x | as long as short |
| BingX REZ-USDTshort | +0.0102% | 4h | 0.003849 | −0.156% | — | $6.6M | — |
BloFin REZ-USDT
Aster REZUSDT
Binance REZUSDT
Gate REZ_USDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
Bybit REZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0135% | 1h | 0.003848 | −0.176% | $44K | $10K | 10x | as long as short |
| Hyperliquid REZlong | +0.0267% | 1h | 0.003855 | long leg | $1.6M | $504K | 3x |
Kraken Futures PF_REZUSD