Settings8H · net · $10k
Funding arb · Price arb /

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.022%
Price spread now: Hyperliquid against Extended+0.172%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$770.765% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.145%+$15 on $10k
Price spread, last 4 days (all we have)+0.155%+$16 · spread now +0.172%, 7d avg +0.157%
Together, before fees+0.300%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.157%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AR-USD4.59000get 0.0000% / 1h11m 54s$38K$240K10x
ShortHyperliquid AR4.59790.0100get 0.0013% / 1h11m 54s$4.2M$4.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: +0.172% → +0.157%
$1.51
Slippage, 4 orders
−$62.54
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$54.04
Costs to cover
0.765%
Break-even
25.0 days
Slippage from Extended: live order book, 60 min ago; Hyperliquid: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 60 min ago4.77 bp26.6 bp −$27231.1 bp −$2,311doesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago1.83 bp12.4 bp −$12doesn't fitdoesn't fitdoesn't fit

AR on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARUSD−0.2405%1h4.5911+0.024%$52K$135K20xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0551%1h4.5935+0.076%$590K50xas long as short
OKX AR-USDT-SWAP−0.0134%8h4.59000.000%$2.4M$19.8M20xas long as short
Extended AR-USDlong0.0000%1h4.5900long leg$38K$240K10x
MEXC AR_USDT0.0000%8h4.5920+0.044%$6.5M$4.4M100xas long as short
Binance ARUSDT+0.0002%8h4.5914+0.032%$9.2M$53.3M75xas long as short
Injective AR/USDC PERP+0.0033%1h4.5890−0.022%$3K$3195.5xas long as short
BloFin AR-USDT+0.0048%8h4.5840−0.131%$442K$537K20xas long as short
Hyperliquid ARshort+0.0100%1h4.5979+0.172%$4.2M$4.8M5x
Aster ARUSDT+0.0100%8h4.5866−0.074%$21K$499K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ARUSDT+0.0100%8h4.59000.000%$4.6M$8.5M75xas long as short
Gate AR_USDT+0.0100%8h4.5930+0.065%$2.6M$2.2M50xas long as short
KuCoin ARUSDTM+0.0100%8h4.5920+0.044%$1.4M$1.2M50xas long as short
Bitget ARUSDT+0.0100%8h4.5880−0.044%$4.0M$5.4M75xas long as short
BingX AR-USDT+0.0100%8h4.59000.000%$2.9Mas long as short
Variational Omni AR+0.0100%8h4.6023+0.268%$143K$168Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.6000+0.218%$23K$741K50xas long as short