Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04779 | +0.0100 | pay 0.0013% / 1h | 26m 57s | $35.5M | $4.2M | 5x | Long Hyperliquid4% off | |
| SHORT | 0.04766 | −0.0102 | pay 0.0013% / 1h | 26m 57s | $95K | $259K | 5x | Short RISExInvite |
Price gap−0.272%59s
Funding gap−0.0202% /8h
Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.155% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18−0.0202% /8h now · paid −0.180% over the last 7D
Price—spread −0.272%59s now · prices read too far apart to compare
Costs−$330.326% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both prices read together
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
Now−0.272%
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
3 ok · 3 to watch- Watch: Large against open interest12.4 / 5.1 bp$10k is over 10% of RISEx’s open interest.
- Note: Margin at max leverage$2,000 + $2,000Hyperliquid 5x, RISEx 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: −$6.06Long Hyperliquid: 24 payments, −$3.00; short RISEx: 24 payments, −$3.06.
- Watch: Prices read 59 s apart−0.272% vs −0.117%Part of this gap may be the market moving.
- Watch: Short leg is thinner$95K vs $35.5M OIRISEx sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legHyperliquid No · RISEx NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0086%/8h × 21 periods−$18.03
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$17.60
Fee Hyperliquid bp × 2 orders−$9.00
Fee RISEx bp × 2 orders−$6.00
Net · 7 days · $10k−$50.63
price spread not counted: prices read too far apartCosts to cover0.326%Break-evennever at this rate
Slippage: Hyperliquid: live order book, 5 min ago; RISEx: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid2.0912.4 bp−$1230.7 bp−$30795.0 bp−$9,503doesn’t fit
SELL · SHORTRISEx2.115.1 bp−$517.9 bp−$179doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-19 15:43 | Orderly | Other | 2 more Perp Anything markets just hit the order book $STRK - Starknet $ICP - Internet Computer Long or short both across 500+ Orderly-powered DEXs. @OrderlyNetwork on X ↗ |
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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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