Funding you earn now, next payment 03:00 UTC−0.1009%/8h= −110.5% APRpaid last 24h −0.185%
Price spread now: Bitget against Hyperliquid−0.246%7-day average −0.217% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$940.943% of the position
Funding, last 7 days−0.636%−$64 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now −0.246%, 7d avg −0.217%
=Together, before fees−0.593%+ Points / potential airdropHyperliquid: Season 2 · farm board−$59 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Bitget is 0.029% cheaper against Hyperliquid than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.217%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.636% in total (about -33.1% 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 | Hyperliquid 0G | 0.2320 | 0.1109 | pay 0.0139% / 1h | 40m 43s | $2.5M | $505K | 3x |
| Short | Bitget 0GUSDT | 0.2314 | 0.0100 | get 0.0050% / 4h | 1h 40m | $1.9M | $729K | 50x |
Hyperliquid 0G
Bitget 0GUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$211.98
- Price spread: −0.246% → −0.217%
- −$2.89
- Slippage, 4 orders
- −$73.33
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$309.21
- Costs to cover
- 0.943%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, just now; Bitget: 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, just now | 3.23 bp | 24.6 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.32 bp | 20.4 bp −$20 | 46.0 bp −$460 | 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 | −0.1190% | 4h | 0.2317 | −0.116% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2310 | −0.399% | $2K | — | 100x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2314 | −0.246% | $18K | $41K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2317 | −0.105% | $6.8M | $8.9M | 50x | as long as short |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2314 | −0.246% | $2.3M | $2.4M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2318 | −0.073% | $893K | $2.4M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2313 | −0.289% | $599K | $146K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2315 | −0.203% | $2.0M | $193K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0100% | 4h | 0.2318 | −0.082% | $2.4M | $2.4M | 50x | as long as short |
| Bitget 0GUSDTshort | +0.0100% | 4h | 0.2314 | −0.246% | $1.9M | $729K | 50x |
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
KuCoin 0GUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 0G | +0.0100% | 4h | 0.2312 | −0.351% | $13K | $3K | — | as long as short |
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2324 | +0.168% | $18K | $624K | 50x | as long as short |
| BloFin 0G-USDT | +0.0127% | 4h | 0.2325 | +0.228% | $326K | $9K | 50x | as long as short |
| Backpack 0G_USDC_PERP | +0.0312% | 1h | 0.2313 | −0.289% | $31K | $50K | 5x | as long as short |
| Hyperliquid 0Glong | +0.1109% | 1h | 0.2320 | long leg | $2.5M | $505K | 3x | |
| Lighter 0G | +0.1592% | 1h | 0.2321 | +0.056% | $48K | $104K | 3x | as long as short |
Variational Omni 0G
ApeX Omni 0GUSDT
BloFin 0G-USDT
Backpack 0G_USDC_PERP
Lighter 0G