Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Bitget against Hyperliquid−0.061%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as 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+0.032%+$3 · spread now −0.061%, 7d avg −0.017%
=Together, before fees+0.190%+ Points / potential airdropHyperliquid: Season 2 · farm board+$19 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: Bitget is 0.044% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 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 | Hyperliquid ADA | 0.2450 | 0.0100 | pay 0.0013% / 1h | 37m 27s | $42.5M | $14.5M | 10x |
| Short | Bitget ADAUSDT | 0.2448 | 0.0100 | get 0.0100% / 8h | 2h 37m | $65.5M | $42.7M | 75x |
Hyperliquid ADA
Bitget ADAUSDTFunding 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
- $0
- Price spread: −0.061% → −0.017%
- −$4.43
- Slippage, 4 orders
- −$14.4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$39.83
- Costs to cover
- 0.354%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; Bitget: 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 Hyperliquid live order book, 6 min ago | 0.61 bp | 7.7 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.05 bp | 12.1 bp −$12 | 15.4 bp −$154 | 32.9 bp −$3,288 | 91.4 bp −$45.7K |
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 | −0.132% | $201K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2441 | −0.347% | $152K | $5.9M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2442 | −0.315% | $87K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2440 | −0.388% | $406K | $7.2M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2449 | −0.016% | $2.4M | $1.3M | 10x | as long as short |
| Gate ADA_USDT | +0.0098% | 8h | 0.2446 | −0.143% | $96.8M | $57.4M | 75x | as long as short |
| Hyperliquid ADAlong | +0.0100% | 1h | 0.2450 | long leg | $42.5M | $14.5M | 10x | |
| Aster ADAUSDT | +0.0100% | 8h | 0.2446 | −0.127% | $1.2M | $999K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2448 | −0.078% | $157K | $147K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2450 | +0.013% | $101.0M | $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 | −0.061% | $70.5M | $99.5M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2449 | −0.020% | $31.8M | $105.1M | 50x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2447 | −0.102% | $52.3M | $56.5M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2448 | −0.069% | $30.4M | $18.3M | 75x | as long as short |
| Bitget ADAUSDTshort | +0.0100% | 8h | 0.2448 | −0.061% | $65.5M | $42.7M | 75x | |
| BingX ADA-USDT | +0.0100% | 8h | 0.2448 | −0.061% | — | $20.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2444 | −0.208% | $101K | $412K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2448 | −0.081% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2442 | −0.295% | $65K | $279K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2448 | −0.064% | $286K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2448 | −0.061% | $55K | $579K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2449 | −0.029% | $96K | $641K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2443 | −0.265% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2443 | −0.266% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2444 | −0.225% | $9K | $757K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2442 | −0.286% | $336 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2442 | −0.295% | $1.3M | $4.9M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2442 | −0.306% | $47.7M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2450 | +0.001% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2448 | −0.051% | $554K | $1.8M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0118% | 1h | 0.2444 | −0.233% | $475K | $354K | 50x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2447 | −0.106% | $4K | $82K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2438 | −0.469% | $4.3M | $5.4M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0287% | 1h | 0.2449 | −0.027% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0338% | 1h | 0.2442 | −0.286% | $6.1M | $11.5M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0520% / S −0.0277% | 1h | 0.2442 | −0.298% | $113K | — | 100x | as long as short |
| Injective ADA/USDC PERP | +0.0533% | 1h | 0.2457 | +0.306% | $844 | $95K | 12x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
MEXC ADA_USDT
KuCoin ADAUSDTM
BingX ADA-USDT
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