S

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%

Price spread now: Hyperliquid against BingX+0.055%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$680.678% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.223%−$22 on $10k

Price spread, last 4 days (all we have)+0.147%+$15 · spread now +0.055%, 7d avg +0.041%

Together, before fees−0.076%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX S-USDT	0.04010	0.0100	pay 0.0050% / 4h	2h 51m	—	$6.7M	—
Short	Hyperliquid S	0.04012	0.0100	get 0.0013% / 1h	51m 36s	$1.0M	$610K	5x

Funding history

latest

Range statsloading…

Hyperliquid against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BingXbpFee HyperliquidbpOrdersPrice spread, now +0.055%Rate

Slippage from BingX: live order book, 15 min ago; Hyperliquid: live order book, 9 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 15 min ago	5.00 bp	21.1 bp −$21	59.4 bp −$594	472.4 bp −$47.2K	746.8 bp −$373.4K
Sell Hyperliquid live order book, 9 min ago	1.63 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit

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
01 Exchange SUSD	−0.4040%	1h	0.03840	−4.239%	$24K	$2K	5x	as long as short
Coinbase International S-PERP-INTX	−0.1464%	1h	0.03946	−1.596%	$49K	$5K	25x	as long as short
Kraken Futures PF_SUSD	−0.1266%	1h	0.04003	−0.166%	$34K	$23K	10x	as long as short
Variational Omni S	−0.0631%	4h	0.03947	−1.561%	$614K	$30K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04003	−0.177%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04001	−0.221%	$4	—	15x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04003	−0.174%	$617	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+2.244%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0039%	4h	0.04002	−0.200%	$102K	$333K	10x	as long as short
Lighter S	+0.0096%	1h	0.04014	+0.100%	$165K	$165K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid Sshort	+0.0100%	1h	0.04012	+0.055%	$1.0M	$610K	5x
Aster SUSDT	+0.0100%	4h	0.04015	+0.113%	$44K	$137K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04010	0.000%	$5.5M	$15.4M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04007	−0.075%	$5.7M	$4.9M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04007	−0.075%	$990K	$4.4M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04009	−0.025%	$330K	$199K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04010	0.000%	$3.6M	$1.8M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04013	+0.075%	$1.9M	$2.9M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04011	+0.025%	$1.2M	$2.4M	50x	as long as short
BingX S-USDTlong	+0.0100%	4h	0.04010	long leg	—	$6.7M	—
ApeX Omni SUSDT	+0.0100%	1h	0.03990	−0.499%	$26K	$448K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04007	−0.063%	$225K	$1.1M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03981	−0.723%	$272K	$120K	75x	as long as short
Backpack S_USDC_PERP	+0.0748%	1h	0.04010	0.000%	$117K	$333K	5x	as long as short
Deribit S_USDC-PERPETUAL	+0.0749%	1h	0.04008	−0.050%	$67K	$10K	10x	as long as short