Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Hyperliquid against Extended+0.188%7-day average +0.203% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$820.819% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.188%, 7d avg +0.203%
=Together, before fees+0.171%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX-USD | 0.5151 | 0.0104 | pay 0.0013% / 1h | 43m 20s | $34K | $244K | 10x |
| Short | Hyperliquid SPX | 0.5160 | 0.0100 | get 0.0013% / 1h | 43m 20s | $10.5M | $8.3M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Extended. 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
- −$0.84
- Price spread: +0.188% → +0.203%
- −$1.51
- Slippage, 4 orders
- −$67.93
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$84.28
- Costs to cover
- 0.819%
- Break-even
- never at this rate
Slippage from Extended: live order book, 59 min ago; Hyperliquid: live order book, 9 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 Extended live order book, 59 min ago | 3.68 bp | 23.7 bp −$24 | 187.2 bp −$1,872 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.72 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
SPX on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −3.332% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5154 | +0.064% | $140K | $405K | 5x | as long as short |
| Hyperliquid SPXshort | +0.0100% | 1h | 0.5160 | +0.188% | $10.5M | $8.3M | 5x | |
| Aster SPXUSDT | +0.0100% | 4h | 0.5158 | +0.134% | $138K | $93K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5154 | +0.065% | $5.2M | $23.7M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5145 | −0.109% | $11.9M | $17.8M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5148 | −0.051% | $975K | $3.4M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5157 | +0.124% | $1.0M | $655K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5153 | +0.046% | $11.8M | $5.1M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5157 | +0.124% | $3.7M | $5.5M | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.0100% | 4h | 0.5158 | +0.143% | $2.7M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5162 | +0.221% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5164 | +0.260% | $1.0M | $1.6M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5168 | +0.338% | $26K | $248K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5148 | −0.051% | $8K | $1.8M | 20x | as long as short |
| Extended SPX-USDlong | +0.0104% | 1h | 0.5151 | long leg | $34K | $244K | 10x | |
| Orderly PERP_SPX_USDC | +0.0162% | 4h | 0.5162 | +0.221% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5154 | +0.066% | $255K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1256% | 1h | 0.5164 | +0.267% | $257K | $553K | 20x | as long as short |
Extended SPX-USD
Hyperliquid SPX
Injective SPX/USDC PERP
Lighter SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
BloFin SPX-USDT
Kraken Futures PF_SPXUSD