Funding you earn now, next payment 01:00 UTC+0.0134%/8h= +14.7% APRpaid last 24h +0.006%
Price spread now: Hyperliquid against BingX+0.089%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$310.314% of the position
Funding, last 7 days−0.165%−$17 on $10k
+Price spread, last 7 days−0.093%−$9 · spread now +0.089%, 7d avg +0.010%
=Together, before fees−0.258%+ Points / potential airdropHyperliquid: Season 2 · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.079% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.165%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ADA-USDT | 0.2481 | 0.0100 | pay 0.0100% / 8h | 7h 15m | — | $20.5M | — |
| Short | Hyperliquid ADA | 0.2483 | 0.0234 | get 0.0029% / 1h | 15m 09s | $43.4M | $14.2M | 10x |
BingX ADA-USDT
Hyperliquid ADAFunding 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
- $28.21
- Price spread: +0.089% → +0.010%
- $7.9
- Slippage, 4 orders
- −$12.42
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $4.69
- Costs to cover
- 0.314%
- Break-even
- 5.8 days
Slippage from BingX: live order book, 8 min ago; Hyperliquid: live order book, 8 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, 8 min ago | 4.05 bp | 9.0 bp −$9 | 9.0 bp −$90 | 15.9 bp −$1,593 | 35.8 bp −$17.9K |
| Sell Hyperliquid live order book, 8 min ago | 0.81 bp | 6.5 bp −$7 | 11.4 bp −$114 | doesn't fit | doesn't fit |
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2480 | −0.056% | $204K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2481 | 0.000% | $203K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2481 | +0.017% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.403% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2480 | −0.040% | $418K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2481 | +0.019% | $6.3M | $11.7M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2475 | −0.258% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2482 | +0.042% | $1.2M | $951K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2480 | −0.026% | $159K | $150K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2481 | 0.000% | $103.4M | $366.3M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Phoenix ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2481 | 0.000% | $72.8M | $105.1M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2481 | 0.000% | $32.9M | $107.7M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2480 | −0.040% | $99.1M | $59.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2480 | −0.040% | $52.2M | $51.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2482 | +0.032% | $30.5M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2481 | 0.000% | $66.8M | $44.6M | 75x | as long as short |
| BingX ADA-USDTlong | +0.0100% | 8h | 0.2481 | long leg | — | $20.5M | — | |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2482 | +0.048% | $136K | $418K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2474 | −0.277% | $4.3M | $968K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2467 | −0.555% | $66K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2468 | −0.521% | $292K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2471 | −0.403% | $56K | $585K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2482 | +0.036% | $95K | $649K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2482 | +0.040% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2483 | +0.071% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2483 | +0.079% | $9K | $764K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2482 | +0.020% | $341 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2483 | +0.073% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2482 | +0.040% | $48.5M | $5.7M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2482 | +0.038% | $540K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2482 | +0.039% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0184% | 1h | 0.2483 | +0.089% | $2.5M | $1.1M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2481 | 0.000% | $4.4M | $5.6M | 75x | as long as short |
| Hyperliquid ADAshort | +0.0234% | 1h | 0.2483 | +0.089% | $43.4M | $14.2M | 10x | |
| Reya ADARUSDPERP | +0.0282% | 1h | 0.2482 | +0.041% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0629% / S −0.0393% | 1h | 0.2480 | −0.021% | $143K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +2.4735% | 1h | 0.2544 | +2.519% | $511K | $434K | 50x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Lighter ADA
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL