Funding you earn now, next payment 05:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.031%
Price spread now: Hyperliquid against SunX+0.130%7-day average +0.288% · you sell dearer than you buy
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2662.665% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 4 days (all we have)+0.380%+$38 · spread now +0.130%, 7d avg +0.288%
=Together, before fees+0.541%+ Points / potential airdropHyperliquid: Season 2 · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.158% cheaper against SunX than usual: you would sell low and buy high (spread +0.130% now, against its 7-day average of +0.288%). If the spread goes back, that is −$16 on $10k: about 2.4 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.161% in total) that is about 6.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPX-USDT | 0.5162 | 0.0100 | pay 0.0050% / 4h | 3h 34m | $8K | $1.7M | 20x |
| Short | Hyperliquid SPX | 0.5169 | 0.0320 | get 0.0040% / 1h | 34m 09s | $10.5M | $7.8M | 5x |
SunX SPX-USDT
Hyperliquid SPXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against SunX. 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
- $46.26
- Price spread: +0.130% → +0.288%
- −$15.8
- Slippage, 4 orders
- −$249.47
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$236.01
- Costs to cover
- 2.665%
- Break-even
- 42.7 days
Slippage from SunX: live order book, 11 min ago; Hyperliquid: live order book, 8 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 SunX live order book, 11 min ago | 30.92 bp | 114.7 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 2.03 bp | 18.7 bp −$19 | 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 | −3.545% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5176 | +0.275% | $141K | $359K | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5177 | +0.296% | $5.2M | $22.1M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5169 | +0.136% | $11.8M | $16.9M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5160 | −0.039% | $942K | $3.1M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5179 | +0.329% | $1.0M | $583K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5172 | +0.194% | $11.9M | $5.0M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5178 | +0.310% | $3.7M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5172 | +0.194% | $2.7M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5171 | +0.174% | — | $6.9M | — | as long as short |
Injective SPX/USDC PERP
Lighter SPX
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SPX | +0.0100% | 4h | 0.5168 | +0.108% | $964K | $1.5M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5201 | +0.756% | $26K | $254K | 25x | as long as short |
| SunX SPX-USDTlong | +0.0100% | 4h | 0.5162 | long leg | $8K | $1.7M | 20x | |
| Extended SPX-USD | +0.0104% | 1h | 0.5164 | +0.039% | $36K | $250K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0210% | 4h | 0.5180 | +0.349% | $21K | $599 | 10x | as long as short |
| Aster SPXUSDT | +0.0246% | 4h | 0.5189 | +0.523% | $138K | $129K | 10x | as long as short |
| Hyperliquid SPXshort | +0.0320% | 1h | 0.5169 | +0.130% | $10.5M | $7.8M | 5x | |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5172 | +0.194% | $256K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1214% | 1h | 0.5181 | +0.366% | $253K | $558K | 20x | as long as short |
Variational Omni SPX
ApeX Omni SPXUSDT
Extended SPX-USD
Orderly PERP_SPX_USDC
Aster SPXUSDT
BloFin SPX-USDT
Kraken Futures PF_SPXUSD