Funding you earn now, next payment 05:00 UTC+0.0334%/8h= +36.6% APRpaid last 24h +0.116%
Price spread now: BingX against Hyperliquid+0.139%7-day average +0.153% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now +0.139%, 7d avg +0.153%
=Together, before fees+0.205%+ Points / potential airdropHyperliquid: Season 2 · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.153%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.173% in total (about 9.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STBL | 0.02660 | 0.0588 | pay 0.0073% / 1h | 34m 26s | $2.0M | $261K | 3x |
| Short | BingX STBL-USDT | 0.02664 | 0.0922 | get 0.0461% / 4h | 3h 34m | — | $6.6M | — |
Hyperliquid STBL
BingX STBL-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
- $70.22
- Price spread: +0.139% → +0.153%
- −$1.44
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $49.79
- Costs to cover
- 0.190%
- Break-even
- 2.0 days
Slippage unknown: Hyperliquid: live order book, 6 min ago; BingX: live order book, 2 min ago. Net counts fees only.
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, 6 min ago | 1.50 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 26.29 bp | 58.8 bp −$59 | 155.7 bp −$1,557 | 1187.5 bp −$118.7K | doesn't fit |
STBL 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 STBL-USDT | +0.0079% | 4h | 0.02662 | +0.064% | $127K | $22K | 50x | as long as short |
| Lighter STBL | +0.0096% | 1h | 0.02655 | −0.199% | $80K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02659 | −0.065% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02663 | +0.101% | $1.9M | $2.1M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02664 | +0.139% | $361K | $147K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02659 | −0.049% | $1.1M | $235K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02665 | +0.159% | $972 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02659 | −0.049% | $2K | $1.1M | 20x | as long as short |
| Hyperliquid STBLlong | +0.0588% | 1h | 0.02660 | long leg | $2.0M | $261K | 3x | |
| BingX STBL-USDTshort | +0.0922% | 4h | 0.02664 | +0.139% | — | $6.6M | — |
BloFin STBL-USDT
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STBLUSDT | +0.1073% | 4h | 0.02663 | +0.101% | $1.5M | $657K | 20x | as long as short |
| Gate STBL_USDT | +0.2054% | 4h | 0.02674 | +0.515% | $1.2M | $93K | 50x | as long as short |
Bybit STBLUSDT
Gate STBL_USDT