Funding you earn now, next payment 22:00 UTC−0.0370%/8h= −40.5% APRpaid last 24h −0.072%
Price spread now: SunX against Hyperliquid−0.034%7-day average −0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 3 days (all we have)−0.237%−$24 · spread now −0.034%, 7d avg −0.006%
=Together, before fees−0.408%+ Points / potential airdropHyperliquid: Season 2 · farm board−$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and SunX is 0.028% cheaper against Hyperliquid than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.171% in total (about -8.9% 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 | 0.02638 | 0.0470 | pay 0.0059% / 1h | 40m 29s | $1.9M | $284K | 3x |
| Short | SunX STBL-USDT | 0.02637 | 0.0100 | get 0.0050% / 4h | 2h 40m | $2K | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$77.62
- Price spread: −0.034% → −0.006%
- −$2.76
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$97.39
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; SunX: live order book, 3 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, 10 min ago | 1.33 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 487.76 bp | doesn't fit | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02629 | −0.337% | $79K | $2K | 3x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02643 | +0.212% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02643 | +0.193% | $366K | $148K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02632 | −0.224% | $1.1M | $227K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02641 | +0.099% | $964 | $282 | — | as long as short |
| SunX STBL-USDTshort | +0.0100% | 4h | 0.02637 | −0.034% | $2K | $1.1M | 20x | |
| BloFin STBL-USDT | +0.0117% | 4h | 0.02644 | +0.231% | $128K | $21K | 50x | as long as short |
| BingX STBL-USDT | +0.0410% | 4h | 0.02641 | +0.118% | — | $6.6M | — | as long as short |
| Bybit STBLUSDT | +0.0426% | 4h | 0.02641 | +0.118% | $1.5M | $685K | 20x | as long as short |
| Hyperliquid STBLlong | +0.0470% | 1h | 0.02638 | long leg | $1.9M | $284K | 3x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster STBLUSDT | +0.1064% | 4h | 0.02642 | +0.153% | $88K | $5K | 5x | as long as short |
| Gate STBL_USDT | +0.1088% | 4h | 0.02645 | +0.269% | $1.2M | $117K | 50x | as long as short |
Hyperliquid STBL
SunX STBL-USDT
Lighter STBL
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
BloFin STBL-USDT
BingX STBL-USDT
Bybit STBLUSDT
Aster STBLUSDT
Gate STBL_USDT