Funding you earn now, next payment 02:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.006%
Price spread now: Hyperliquid against Bitget+0.349%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.399%−$40 · spread now +0.349%, 7d avg +0.023%
=Together, before fees−0.394%+ Points / potential airdropHyperliquid: Season 2 · farm board−$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.326% dearer against Bitget than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SUSHIUSDT | 0.2521 | 0.0012 | pay 0.0012% / 8h | 6h 56m | $1.0M | $683K | 50x |
| Short | Hyperliquid SUSHI | 0.2530 | 0.0100 | get 0.0013% / 1h | 56m 45s | $355K | $392K | 3x |
Bitget SUSHIUSDT
Hyperliquid SUSHIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $18.48
- Price spread: +0.349% → +0.023%
- $32.61
- Slippage, 4 orders
- −$47.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.89
- Costs to cover
- 0.690%
- Break-even
- 13.8 days
Slippage from Bitget: live order book, 4 min ago; Hyperliquid: live order book, 53 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 Bitget live order book, 4 min ago | 7.85 bp | 18.6 bp −$19 | 39.7 bp −$397 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 53 min ago | 1.37 bp | 18.9 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
SUSHI on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SUSHIUSDTlong | +0.0012% | 8h | 0.2521 | long leg | $1.0M | $683K | 50x | |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | +0.952% | $16 | $18K | 5.5x | as long as short |
| Variational Omni SUSHI | +0.0061% | 8h | 0.2547 | +1.014% | $41K | $14K | — | as long as short |
| Hyperliquid SUSHIshort | +0.0100% | 1h | 0.2530 | +0.349% | $355K | $392K | 3x | |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2536 | +0.585% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2528 | +0.278% | $3.9M | $9.1M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2526 | +0.206% | $2.6M | $2.4M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2529 | +0.317% | $1.6M | $3.1M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2530 | +0.357% | $558K | $259K | 50x | as long as short |
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2530 | +0.357% | $1.2M | $296K | 75x | as long as short |
Injective SUSHI/USDC PERP
Variational Omni SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDT
MEXC SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2532 | +0.436% | $1.1M | $230K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2529 | +0.317% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2544 | +0.912% | $87K | $50K | 75x | as long as short |
| BloFin SUSHI-USDT | +0.0114% | 8h | 0.2543 | +0.873% | $217K | $53K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0133% | 1h | 0.2539 | +0.704% | $763K | $67K | 20x | as long as short |
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT
BloFin SUSHI-USDT
Kraken Futures PF_SUSHIUSD