Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: BingX against Hyperliquid+0.008%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1381.381% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.008%, 7d avg +0.040%
=Together, before fees+0.104%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 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 0.032% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid YGG | 0.02612 | 0.0100 | pay 0.0013% / 1h | 43m 19s | $189K | $144K | 3x |
| Short | BingX YGG-USDT | 0.02612 | 0.0100 | get 0.0050% / 4h | 3h 43m | — | $2.4M | — |
Hyperliquid YGG
BingX YGG-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: +0.008% → +0.040%
- −$3.24
- Slippage, 4 orders
- −$119.12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$141.36
- Costs to cover
- 1.381%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; BingX: live order book, 1 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, 6 min ago | 1.54 bp | 33.3 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 11.50 bp | 39.9 bp −$40 | 89.9 bp −$899 | doesn't fit | doesn't fit |
YGG 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YGGUSD | −0.1626% | 1h | 0.02606 | −0.221% | $12K | $3K | 10x | as long as short |
| Hyperliquid YGGlong | +0.0100% | 1h | 0.02612 | long leg | $189K | $144K | 3x | |
| Aster YGGUSDT | +0.0100% | 4h | 0.02610 | −0.068% | $2K | $1K | 5x | as long as short |
| Binance YGGUSDT | +0.0100% | 4h | 0.02611 | −0.013% | $2.0M | $2.0M | 50x | as long as short |
| Bybit YGGUSDT | +0.0100% | 4h | 0.02611 | −0.031% | $603K | $472K | 25x | as long as short |
| OKX YGG-USDT-SWAP | +0.0100% | 4h | 0.02611 | −0.031% | $990K | $923K | 10x | as long as short |
| Gate YGG_USDT | +0.0100% | 4h | 0.02612 | +0.008% | $306K | $636K | 20x | as long as short |
| MEXC YGG_USDT | +0.0100% | 4h | 0.02610 | −0.069% | $994K | $326K | 50x | as long as short |
| KuCoin YGGUSDTM | +0.0100% | 4h | 0.02609 | −0.107% | $206K | $50K | 30x | as long as short |
| Bitget YGGUSDT | +0.0100% | 4h | 0.02613 | +0.046% | $561K | $152K | 50x | as long as short |
Kraken Futures PF_YGGUSD
Aster YGGUSDT
Binance YGGUSDT
Bybit YGGUSDT
OKX YGG-USDT-SWAP
Gate YGG_USDT
MEXC YGG_USDT
KuCoin YGGUSDTM
Bitget YGGUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX YGG-USDTshort | +0.0100% | 4h | 0.02612 | +0.008% | — | $2.4M | — | |
| Variational Omni YGG | +0.0100% | 4h | 0.02607 | −0.199% | $2K | $1 | — | as long as short |
Variational Omni YGG