Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04723 | +0.0100 | pay 0.0013% / 1h | 16m 09s | $105K | $71K | 5x | Long Arcus5% off | |
| SHORT | 0.04723 | +0.0100 | get 0.0013% / 1h | 16m 09s | $35.1M | $4.2M | 5x | Short Hyperliquid4% off |
Price gap0.000%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.121% under its 7d average: the price leg works against you, −$12 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10.0000% /8h now · paid −0.008% over the last 7D
Price−$12spread 0.000% now, avg +0.121% → −0.121% if it goes back
Costs−$420.415% of $10k · taker + slippage, in and out
Result−$54−0.54%+ Points / potential airdropArcus: points · Hyperliquid: Season 2 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now0.000%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSTRK on 30 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books7.5 / 11.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$2,000 + $2,000Arcus 5x, Hyperliquid 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Arcus: 24 payments, −$3.00; short Hyperliquid: 24 payments, +$3.00.
- Watch: Gap narrower than usual0.000% vs +0.121%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$105K vs $35.1M OIArcus sets your exit cost. Check its book before closing.
- OK: Points on a legArcus points · Hyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legArcus No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0004%/8h × 21 periods−$0.82
Price spread0.000% → +0.121% (7d avg)−$12.10
Slippage, 4 orderslive order books−$28.01
Fee Arcus bp × 2 orders−$4.50
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k−$54.43
Costs to cover0.415%Break-evennever at this rate
Slippage: Arcus: live order book, 20 min ago; Hyperliquid: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus5.307.5 bp−$818.3 bp−$183doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid1.0511.5 bp−$1228.5 bp−$285100.2 bp−$10.0Kdoesn’t fit
Closing costs about the same again.
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| 10-15 11:48 | Arcus | Listing | $STRK perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗ |

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