Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Hyperliquid against Bitget−0.037%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.037%, 7d avg +0.017%
=Together, before fees−0.092%+ Points / potential airdropHyperliquid: Season 2 · farm board−$9 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: Hyperliquid is 0.054% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ADAUSDT | 0.2448 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $65.5M | $42.7M | 75x |
| Short | Hyperliquid ADA | 0.2447 | 0.0100 | get 0.0013% / 1h | 37m 38s | $42.4M | $14.5M | 10x |
Bitget ADAUSDT
Hyperliquid ADAFunding 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
- $0
- Price spread: −0.037% → +0.017%
- −$5.37
- Slippage, 4 orders
- −$14.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$40.77
- Costs to cover
- 0.354%
- Break-even
- never at this rate
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 | 2.05 bp | 10.1 bp −$10 | 13.1 bp −$131 | 24.4 bp −$2,442 | 112.1 bp −$56.1K |
| Sell Hyperliquid live order book, 6 min ago | 0.61 bp | 5.5 bp −$5 | 9.6 bp −$96 | 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 | 0.2446 | −0.070% | $201K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2441 | −0.286% | $152K | $5.9M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2442 | −0.254% | $87K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2440 | −0.327% | $406K | $7.2M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2449 | +0.045% | $2.4M | $1.3M | 10x | as long as short |
| Gate ADA_USDT | +0.0098% | 8h | 0.2446 | −0.082% | $96.8M | $57.4M | 75x | as long as short |
| Hyperliquid ADAshort | +0.0100% | 1h | 0.2447 | −0.037% | $42.4M | $14.5M | 10x | |
| Aster ADAUSDT | +0.0100% | 8h | 0.2446 | −0.079% | $1.2M | $998K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2448 | −0.016% | $157K | $147K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2448 | 0.000% | $100.9M | $355.2M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Lighter ADA
Gate ADA_USDT
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 | 0.2448 | 0.000% | $70.4M | $99.5M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2447 | −0.041% | $31.8M | $105.0M | 50x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2447 | −0.041% | $52.3M | $56.5M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2448 | −0.008% | $30.4M | $18.3M | 75x | as long as short |
| Bitget ADAUSDTlong | +0.0100% | 8h | 0.2448 | long leg | $65.5M | $42.7M | 75x | |
| BingX ADA-USDC | +0.0100% | 8h | 0.2448 | 0.000% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2444 | −0.147% | $101K | $412K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2448 | −0.020% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2449 | +0.024% | $65K | $278K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2448 | −0.003% | $286K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2448 | 0.000% | $55K | $579K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2441 | −0.290% | $96K | $641K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2443 | −0.204% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2443 | −0.205% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2444 | −0.164% | $9K | $757K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2442 | −0.225% | $336 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2442 | −0.234% | $1.3M | $4.9M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2442 | −0.245% | $47.7M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2450 | +0.062% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2448 | +0.010% | $554K | $1.8M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0118% | 1h | 0.2444 | −0.172% | $475K | $354K | 50x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2447 | −0.045% | $4K | $82K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2438 | −0.408% | $4.3M | $5.4M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0287% | 1h | 0.2441 | −0.272% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0338% | 1h | 0.2442 | −0.225% | $6.1M | $11.5M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0520% / S −0.0277% | 1h | 0.2442 | −0.237% | $113K | — | 100x | as long as short |
| Injective ADA/USDC PERP | +0.0533% | 1h | 0.2457 | +0.368% | $844 | $95K | 12x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
MEXC ADA_USDT
KuCoin ADAUSDTM
BingX ADA-USDC
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
Paradex ADA-USD-PERP
Extended ADA-USD
Deribit ADA_USDC-PERPETUAL
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]
Injective ADA/USDC PERP