Funding you earn now, next payment 04:00 UTC+0.1039%/8h= +113.8% APRpaid last 24h +0.186%
Price spread now: Hyperliquid against Bitget+0.135%7-day average +0.217% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$900.898% of the position
Funding, last 7 days+0.646%+$65 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now +0.135%, 7d avg +0.217%
=Together, before fees+0.674%+ Points / potential airdropHyperliquid: Season 2 · farm board+$67 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.083% cheaper against Bitget than usual: you would sell low and buy high (spread +0.135% now, against its 7-day average of +0.217%). If the spread goes back, that is −$8 on $10k: about 6 hours of funding at the current rate (+$31 a day). At the pace of the last 7 days (+0.646% in total) that is about 21 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.646% in total (about 33.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 0GUSDT | 0.2301 | 0.0100 | pay 0.0050% / 4h | 49m 20s | $1.9M | $708K | 50x |
| Short | Hyperliquid 0G | 0.2304 | 0.1139 | get 0.0142% / 1h | 49m 20s | $2.5M | $483K | 3x |
Bitget 0GUSDT
Hyperliquid 0GFunding 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
- $218.16
- Price spread: +0.135% → +0.217%
- −$8.26
- Slippage, 4 orders
- −$68.78
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $120.12
- Costs to cover
- 0.898%
- Break-even
- 3.1 days
Slippage from Bitget: live order book, 3 min ago; Hyperliquid: live order book, 2 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, 3 min ago | 4.34 bp | 30.5 bp −$30 | 70.8 bp −$708 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.51 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
0G on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.0740% | 4h | 0.2301 | 0.000% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2299 | −0.096% | $2K | — | 100x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2303 | +0.073% | $16K | $43K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2302 | +0.031% | $6.8M | $8.3M | 50x | as long as short |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2299 | −0.087% | $2.3M | $2.2M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2301 | 0.000% | $883K | $2.2M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2300 | −0.043% | $591K | $147K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2300 | −0.043% | $2.0M | $197K | 50x | as long as short |
| Bitget 0GUSDTlong | +0.0100% | 4h | 0.2301 | long leg | $1.9M | $708K | 50x | |
| Backpack 0G_USDC_PERP | +0.0100% | 1h | 0.2304 | +0.130% | $31K | $54K | 5x | as long as short |
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
Aster 0GUSDT
Binance 0GUSDT
Bybit 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
MEXC 0G_USDT
Backpack 0G_USDC_PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 0G | +0.0100% | 4h | 0.2304 | +0.113% | $12K | $3K | — | as long as short |
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2305 | +0.174% | $18K | $622K | 50x | as long as short |
| BloFin 0G-USDT | +0.0124% | 4h | 0.2309 | +0.348% | $328K | $9K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0166% | 4h | 0.2305 | +0.169% | $2.4M | $2.4M | 50x | as long as short |
| Hyperliquid 0Gshort | +0.1139% | 1h | 0.2304 | +0.135% | $2.5M | $483K | 3x | |
| Lighter 0G | +0.1488% | 1h | 0.2309 | +0.348% | $48K | $98K | 3x | as long as short |
Variational Omni 0G
ApeX Omni 0GUSDT
BloFin 0G-USDT
KuCoin 0GUSDTM
Lighter 0G