Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid−0.075%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$690.685% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.075%, 7d avg −0.019%
=Together, before fees+0.079%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.056% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SUSHI | 0.2539 | 0.0100 | pay 0.0013% / 1h | 32m 45s | $360K | $385K | 3x |
| Short | BingX SUSHI-USDT | 0.2537 | 0.0100 | get 0.0100% / 8h | 6h 32m | — | $2.5M | — |
Hyperliquid SUSHI
BingX SUSHI-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
- $0
- Price spread: −0.075% → −0.019%
- −$5.6
- Slippage, 4 orders
- −$49.5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$74.1
- Costs to cover
- 0.685%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; BingX: live order book, 7 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 Hyperliquid live order book, 7 min ago | 3.76 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 1.98 bp | 14.6 bp −$15 | 43.7 bp −$437 | 378.9 bp −$37.9K | doesn't fit |
SUSHI on 14 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 SUSHIUSDT | −0.0004% | 8h | 0.2536 | −0.114% | $1.0M | $705K | 50x | as long as short |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | +0.240% | $16 | $18K | 5.5x | as long as short |
| Variational Omni SUSHI | +0.0063% | 8h | 0.2537 | −0.071% | $41K | $14K | — | as long as short |
| Hyperliquid SUSHIlong | +0.0100% | 1h | 0.2539 | long leg | $360K | $385K | 3x | |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2537 | −0.062% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2538 | −0.035% | $3.9M | $9.3M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2536 | −0.114% | $2.6M | $2.6M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2540 | +0.043% | $1.6M | $3.2M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2538 | −0.035% | $559K | $266K | 50x | as long as short |
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2539 | +0.004% | $1.2M | $302K | 75x | as long as short |
Bitget SUSHIUSDT
Injective SUSHI/USDC PERP
Variational Omni SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDT
MEXC SUSHI_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2537 | −0.075% | $1.2M | $236K | 50x | as long as short |
| BingX SUSHI-USDTshort | +0.0100% | 8h | 0.2537 | −0.075% | — | $2.5M | — | |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2537 | −0.075% | $87K | $50K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0133% | 1h | 0.2536 | −0.119% | $762K | $70K | 20x | as long as short |
KuCoin SUSHIUSDTM
HTX SUSHI-USDT
Kraken Futures PF_SUSHIUSD