Funding you earn now, next payment 03:00 UTC+0.0331%/8h= +36.2% APRpaid last 24h +0.195%
Price spread now: Hyperliquid against Bitget+0.109%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$930.926% of the position
Funding, last 7 days+0.783%+$78 on $10k
+Price spread, last 7 days−0.216%−$22 · spread now +0.109%, 7d avg +0.076%
=Together, before fees+0.567%+ Points / potential airdropHyperliquid: Season 2 · farm board+$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hyperliquid is 0.033% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USELESSUSDT | 0.2744 | 0.0534 | pay 0.0267% / 4h | 1h 47m | $5.2M | $9.9M | 20x |
| Short | Hyperliquid USELESS | 0.2747 | 0.0865 | get 0.0108% / 1h | 47m 07s | $13.5M | $20.9M | 3x |
Bitget USELESSUSDT
Hyperliquid USELESSFunding 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
- $69.42
- Price spread: +0.109% → +0.076%
- $3.34
- Slippage, 4 orders
- −$71.56
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$19.8
- Costs to cover
- 0.926%
- Break-even
- 9.0 days
Slippage from Bitget: live order book, 1 min ago; Hyperliquid: live order book, 6 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, 1 min ago | 5.09 bp | 20.5 bp −$21 | 120.0 bp −$1,200 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.59 bp | 19.0 bp −$19 | 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 | 0.2745 | +0.018% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2739 | −0.199% | $30K | $70K | 3x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2741 | −0.109% | $6.9M | $8.5M | 50x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2744 | −0.015% | $32K | $209K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2748 | +0.117% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2737 | −0.288% | $18K | $505K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2740 | −0.164% | $599K | $1.1M | 20x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0115% | 4h | 0.2750 | +0.189% | $9.7M | $64.6M | 10x | as long as short |
| ApeX Omni USELESSUSDT | +0.0197% | 1h | 0.2758 | +0.496% | $38K | $693K | 25x | as long as short |
| KuCoin USELESSUSDTM | +0.0202% | 4h | 0.2742 | −0.102% | $5.1M | $10.4M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
Gate USELESS_USDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
OKX USELESS-USDT-SWAP
ApeX Omni USELESSUSDT
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0232% | 1h | 0.2740 | −0.143% | $10K | — | 3x | as long as short |
| Bitget USELESSUSDTlong | +0.0534% | 4h | 0.2744 | long leg | $5.2M | $9.9M | 20x | |
| Binance USELESSUSDT | +0.0581% | 4h | 0.2748 | +0.127% | $23.3M | $117.8M | 50x | as long as short |
| Extended USELESS-USD | +0.0584% | 1h | 0.2744 | −0.012% | $291K | $1.1M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0584% | 4h | 0.2746 | +0.069% | $10.7M | $6.0M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0589% | 4h | 0.2761 | +0.608% | $21K | $195K | 10x | as long as short |
| Hyperliquid USELESSshort | +0.0865% | 1h | 0.2747 | +0.109% | $13.5M | $20.9M | 3x | |
| BingX USELESS-USDT | +0.0898% | 4h | 0.2751 | +0.244% | — | $5.1M | — | as long as short |
| Bybit USELESSUSDT | +0.0917% | 4h | 0.2747 | +0.106% | $26.6M | $46.4M | 13x | as long as short |
| Variational Omni USELESS | +0.0958% | 4h | 0.2797 | +1.906% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1045% | 4h | 0.2740 | −0.159% | $586K | $2.3M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1190% | 4h | 0.2744 | −0.015% | — | $2.0M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1334% | 4h | 0.2741 | −0.128% | $21K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2908 | +5.972% | $5K | $9K | 5.5x | as long as short |
Aevo USELESS-PERP
Binance USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
edgeX USELESSUSDC
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Aster USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP