Funding you earn now, next payment 04:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h +0.113%
Price spread now: Hyperliquid against BingX+0.065%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 7 days+0.615%+$62 on $10k
+Price spread, last 7 days−0.072%−$7 · spread now +0.065%, 7d avg +0.076%
=Together, before fees+0.543%+ Points / potential airdropHyperliquid: Season 2 · farm board+$54 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.615%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX USELESS-USDT | 0.2626 | 0.0492 | pay 0.0246% / 4h | 6m 15s | — | $5.3M | — |
| Short | Hyperliquid USELESS | 0.2627 | 0.0387 | get 0.0048% / 1h | 6m 15s | $11.5M | $22.7M | 3x |
BingX USELESS-USDT
Hyperliquid USELESSFunding 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
- −$22.08
- Price spread: +0.065% → +0.076%
- −$1.13
- Slippage, 4 orders
- −$58.66
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$100.86
- Costs to cover
- 0.777%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Hyperliquid: 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 BingX live order book, 4 min ago | 2.67 bp | 22.0 bp −$22 | 60.6 bp −$606 | 418.7 bp −$41.9K | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 0.77 bp | 18.1 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
USELESS on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2624 | −0.057% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2620 | −0.196% | $28K | $53K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2625 | −0.015% | $28K | $228K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2623 | −0.110% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2626 | 0.000% | $18K | $523K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2625 | −0.038% | $591K | $1.0M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0184% | 1h | 0.2627 | +0.054% | $9K | — | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0199% | 4h | 0.2624 | −0.069% | $8.9M | $63.8M | 10x | as long as short |
| Gate USELESS_USDT | +0.0212% | 4h | 0.2621 | −0.190% | $6.5M | $8.8M | 50x | as long as short |
| KuCoin USELESSUSDTM | +0.0246% | 4h | 0.2622 | −0.149% | $4.8M | $10.7M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
OKX USELESS-USDT-SWAP
Gate USELESS_USDT
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDT | +0.0278% | 4h | 0.2623 | −0.107% | $5.0M | $10.4M | 20x | as long as short |
| Hyperliquid USELESSshort | +0.0387% | 1h | 0.2627 | +0.065% | $11.5M | $22.7M | 3x | |
| Extended USELESS-USD | +0.0408% | 1h | 0.2624 | −0.052% | $113K | $1.1M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0408% | 4h | 0.2625 | −0.008% | $10.6M | $6.2M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0409% | 4h | 0.2615 | −0.411% | $19K | $196K | 10x | as long as short |
| Binance USELESSUSDT | +0.0410% | 4h | 0.2626 | +0.016% | $21.8M | $121.7M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0486% | 1h | 0.2613 | −0.480% | $33K | $693K | 25x | as long as short |
| Aster USELESSUSDT | +0.0491% | 4h | 0.2625 | −0.033% | $530K | $2.4M | 10x | as long as short |
| BingX USELESS-USDTlong | +0.0492% | 4h | 0.2626 | long leg | — | $5.3M | — | |
| Bybit USELESSUSDT | +0.0511% | 4h | 0.2624 | −0.080% | $24.8M | $48.5M | 13x | as long as short |
| Variational Omni USELESS | +0.0639% | 4h | 0.2612 | −0.508% | $1.0M | $1.8M | — | as long as short |
| BloFin USELESS-USDT | +0.0764% | 4h | 0.2625 | −0.008% | $1.1M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1322% | 4h | 0.2626 | +0.027% | $19K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2772 | +5.580% | $5K | $11K | 5.5x | as long as short |
Bitget USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
edgeX USELESSUSDC
Binance USELESSUSDT
ApeX Omni USELESSUSDT
Aster USELESSUSDT
Bybit USELESSUSDT
Variational Omni USELESS
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP