Funding you earn now, next payment 05:00 UTC−0.0159%/8h= −17.5% APRpaid last 24h −0.005%
Price spread now: BingX against Hyperliquid−0.194%7-day average −0.179% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$640.641% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 7 days+0.092%+$9 · spread now −0.194%, 7d avg −0.179%
=Together, before fees−0.009%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.179%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AR | 4.3795 | 0.0259 | pay 0.0032% / 1h | 8m 13s | $3.7M | $4.4M | 5x |
| Short | BingX AR-USDT | 4.3710 | 0.0100 | get 0.0100% / 8h | 3h 08m | — | $2.8M | — |
Hyperliquid AR
BingX AR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$33.47
- Price spread: −0.194% → −0.179%
- −$1.53
- Slippage, 4 orders
- −$45.12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$99.12
- Costs to cover
- 0.641%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; BingX: live order book, 11 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, 3 min ago | 1.71 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 2.28 bp | 18.3 bp −$18 | 37.5 bp −$375 | 294.8 bp −$29.5K | 703.7 bp −$351.8K |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.1234% | 1h | 4.3700 | −0.217% | $59K | $143K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0141% / S +0.0551% | 1h | 4.3724 | −0.162% | $562K | — | 50x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.3742 | −0.120% | $30K | $467K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.3741 | −0.124% | $8.5M | $50.3M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.3730 | −0.148% | $4.4M | $8.5M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.3720 | −0.171% | $2.2M | $17.3M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.3730 | −0.148% | $2.4M | $1.9M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.3740 | −0.126% | $6.0M | $4.2M | 100x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.3710 | −0.194% | $1.1M | $1.3M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.3710 | −0.194% | $3.8M | $5.2M | 75x | as long as short |
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTM
Bitget ARUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AR-USDTshort | +0.0100% | 8h | 4.3710 | −0.194% | — | $2.8M | — | |
| Variational Omni AR | +0.0100% | 8h | 4.3717 | −0.178% | $232K | $414K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.3870 | +0.171% | $19K | $712K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.3718 | −0.176% | $36K | $237K | 10x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.3670 | −0.285% | $415K | $469K | 20x | as long as short |
| Hyperliquid ARlong | +0.0259% | 1h | 4.3795 | long leg | $3.7M | $4.4M | 5x | |
| Injective AR/USDC PERP | +0.0433% | 1h | 4.4240 | +1.016% | $2K | $5K | 5.5x | as long as short |
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT
Injective AR/USDC PERP