Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bitget−0.047%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1161.157% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now −0.047%, 7d avg −0.066%
=Together, before fees−0.034%+ 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 | Bitget UMAUSDT | 0.4049 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $976K | $69K | 50x |
| Short | Hyperliquid UMA | 0.4047 | 0.0100 | get 0.0013% / 1h | 44m 58s | $214K | $73K | 3x |
Bitget UMAUSDT
Hyperliquid UMAFunding 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
- $0
- Price spread: −0.047% → −0.066%
- $1.89
- Slippage, 4 orders
- −$94.71
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$113.82
- Costs to cover
- 1.157%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 26 min ago; Hyperliquid: live order book, 4 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, 26 min ago | 6.21 bp | 23.6 bp −$24 | 204.9 bp −$2,049 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 1.98 bp | 26.9 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
UMA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin UMA-USDT | +0.0071% | 4h | 0.4043 | −0.148% | $74K | $7K | 50x | as long as short |
| Hyperliquid UMAshort | +0.0100% | 1h | 0.4047 | −0.047% | $214K | $73K | 3x | |
| Aster UMAUSDT | +0.0100% | 4h | 0.4045 | −0.098% | $25K | $2K | 5x | as long as short |
| Binance UMAUSDT | +0.0100% | 4h | 0.4046 | −0.074% | $1.5M | $1.3M | 50x | as long as short |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4047 | −0.049% | $674K | $171K | 25x | as long as short |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4046 | −0.074% | $314K | $243K | 10x | as long as short |
| Gate UMA_USDT | +0.0100% | 4h | 0.4047 | −0.049% | $79K | $46K | 25x | as long as short |
| MEXC UMA_USDT | +0.0100% | 4h | 0.4045 | −0.099% | $231K | $169K | 50x | as long as short |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4042 | −0.173% | $164K | $61K | 30x | as long as short |
| Bitget UMAUSDTlong | +0.0100% | 4h | 0.4049 | long leg | $976K | $69K | 50x |
BloFin UMA-USDT
Aster UMAUSDT
Binance UMAUSDT
Bybit UMAUSDT
OKX UMA-USDT-SWAP
Gate UMA_USDT
MEXC UMA_USDT
KuCoin UMAUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX UMA-USDT | +0.0100% | 4h | 0.4044 | −0.123% | — | $2.3M | — | as long as short |
| Variational Omni UMA | +0.0100% | 4h | 0.4048 | −0.015% | $5K | $7 | — | as long as short |
| Kraken Futures PF_UMAUSD | +0.0147% | 1h | 0.4051 | +0.057% | $14K | $6K | 10x | as long as short |
BingX UMA-USDT
Variational Omni UMA
Kraken Futures PF_UMAUSD