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: Extended against Hyperliquid−0.151%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$770.765% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 4 days (all we have)−0.176%−$18 · spread now −0.151%, 7d avg −0.157%
=Together, before fees−0.321%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$32 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AR | 4.5979 | 0.0100 | pay 0.0013% / 1h | 11m 36s | $4.2M | $4.8M | 5x |
| Short | Extended AR-USD | 4.5909 | 0 | get 0.0000% / 1h | 11m 36s | $38K | $240K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$21
- Price spread: −0.151% → −0.157%
- $0.57
- Slippage, 4 orders
- −$62.54
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$96.97
- Costs to cover
- 0.765%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Extended: live order book, 61 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, 10 min ago | 1.83 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 61 min ago | 4.77 bp | 25.9 bp −$26 | 206.2 bp −$2,062 | doesn't fit | doesn't fit |
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 | −0.2405% | 1h | 4.5911 | −0.148% | $52K | $135K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.5935 | −0.096% | $590K | — | 50x | as long as short |
| OKX AR-USDT-SWAP | −0.0135% | 8h | 4.5880 | −0.215% | $2.4M | $19.8M | 20x | as long as short |
| Extended AR-USDshort | 0.0000% | 1h | 4.5909 | −0.151% | $38K | $240K | 10x | |
| MEXC AR_USDT | +0.0002% | 8h | 4.5910 | −0.150% | $6.5M | $4.4M | 100x | as long as short |
| Binance ARUSDT | +0.0003% | 8h | 4.5908 | −0.155% | $9.2M | $53.3M | 75x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5890 | −0.194% | $3K | $319 | 5.5x | as long as short |
| BloFin AR-USDT | +0.0048% | 8h | 4.5840 | −0.302% | $442K | $537K | 20x | as long as short |
| Hyperliquid ARlong | +0.0100% | 1h | 4.5979 | long leg | $4.2M | $4.8M | 5x | |
| Aster ARUSDT | +0.0100% | 8h | 4.5871 | −0.235% | $21K | $499K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARUSDT | +0.0100% | 8h | 4.5890 | −0.194% | $4.6M | $8.5M | 75x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.5900 | −0.172% | $2.6M | $2.2M | 50x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.5900 | −0.172% | $1.4M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.5890 | −0.194% | $4.0M | $5.4M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.5900 | −0.172% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.6023 | +0.095% | $143K | $168K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.6000 | +0.046% | $23K | $741K | 50x | as long as short |
Hyperliquid AR
Extended AR-USD
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
OKX AR-USDT-SWAP
MEXC AR_USDT
Binance ARUSDT
Injective AR/USDC PERP
BloFin AR-USDT
Aster ARUSDT
Bybit ARUSDT
Gate AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT