Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.213%
Price spread now: Hyperliquid against BingX+0.087%7-day average +0.198% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$640.640% of the position
Funding, last 7 days+0.405%+$41 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now +0.087%, 7d avg +0.198%
=Together, before fees+0.477%+ Points / potential airdropHyperliquid: Season 2 · farm board+$48 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 0.111% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.198%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SKY-USDT | 0.07006 | 0.0100 | pay 0.0050% / 4h | 3h 49m | — | $2.4M | — |
| Short | Hyperliquid SKY | 0.07012 | 0.0100 | get 0.0013% / 1h | 49m 41s | $2.9M | $902K | 3x |
BingX SKY-USDT
Hyperliquid SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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: +0.087% → +0.198%
- −$11.08
- Slippage, 4 orders
- −$44.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$75.06
- Costs to cover
- 0.640%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Hyperliquid: 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 BingX live order book, 4 min ago | 3.54 bp | 16.7 bp −$17 | 48.1 bp −$481 | 273.6 bp −$27.4K | 968.5 bp −$484.2K |
| Sell Hyperliquid live order book, 2 min ago | 4.50 bp | 18.9 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
SKY on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKYUSDT | −0.0816% | 4h | 0.06996 | −0.143% | $7.5M | $3.4M | 25x | as long as short |
| Variational Omni SKY | −0.0605% | 4h | 0.06982 | −0.344% | $193K | $104K | — | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +2.369% | $392 | $303K | 12x | as long as short |
| BloFin SKY-USDT | +0.0079% | 4h | 0.06990 | −0.228% | $580K | $29K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07004 | −0.030% | $194K | $166K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07000 | −0.079% | $68K | $26K | 5x | as long as short |
| Hyperliquid SKYshort | +0.0100% | 1h | 0.07012 | +0.087% | $2.9M | $902K | 3x | |
| Aster SKYUSDT | +0.0100% | 4h | 0.07004 | −0.028% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07010 | +0.053% | $15.9M | $10.9M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07003 | −0.043% | $840K | $1.3M | 20x | as long as short |
Bybit SKYUSDT
Variational Omni SKY
Injective SKY/USDC PERP
BloFin SKY-USDT
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKY_USDT | +0.0100% | 4h | 0.06993 | −0.186% | $593K | $261K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07008 | +0.029% | $1.0M | $282K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06997 | −0.128% | $413K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07009 | +0.043% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDTlong | +0.0100% | 4h | 0.07006 | long leg | — | $2.4M | — | |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07064 | +0.828% | $22K | $680K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07003 | −0.047% | $1K | $2K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0524% / S −0.0248% | 1h | 0.07001 | −0.066% | $83K | — | 50x | as long as short |
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]