Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX−0.046%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$830.825% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.046%, 7d avg −0.049%
=Together, before fees−0.027%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TRB-USDT | 19.382 | 0.0100 | pay 0.0050% / 4h | 2h 11m | — | $16.3M | — |
| Short | Hyperliquid TRB | 19.373 | 0.0100 | get 0.0013% / 1h | 11m 42s | $500K | $243K | 3x |
BingX TRB-USDT
Hyperliquid TRBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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: −0.046% → −0.049%
- $0.27
- Slippage, 4 orders
- −$63.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$82.23
- Costs to cover
- 0.825%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Hyperliquid: live order book, 38 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 BingX live order book, 12 min ago | 4.64 bp | 22.9 bp −$23 | 57.9 bp −$579 | 243.8 bp −$24.4K | 317.2 bp −$158.6K |
| Sell Hyperliquid live order book, 38 min ago | 0.78 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
TRB 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRBshort | +0.0100% | 1h | 19.373 | −0.046% | $500K | $243K | 3x | |
| Aster TRBUSDT | +0.0100% | 4h | 19.354 | −0.144% | $9K | $20K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.360 | −0.115% | $5.2M | $10.5M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.401 | +0.098% | $6.4M | $2.0M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.360 | −0.114% | $4.5M | $4.9M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.376 | −0.031% | $15.1M | $1.0M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.364 | −0.093% | $1.2M | $307K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.393 | +0.057% | $1.3M | $1.4M | 50x | as long as short |
| BingX TRB-USDTlong | +0.0100% | 4h | 19.382 | long leg | — | $16.3M | — | |
| Variational Omni TRB | +0.0421% | 4h | 19.428 | +0.239% | $15K | $4K | — | as long as short |
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
Variational Omni TRBShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRB_USDT | +0.0966% | 4h | 19.360 | −0.114% | $625K | $1.7M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1452% | 1h | 19.408 | +0.135% | $103K | $99K | 10x | as long as short |
Gate TRB_USDT
Kraken Futures PF_TRBUSD