Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.057%
Price spread now: BingX against Hyperliquid+0.023%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$280.275% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.023% dearer against Hyperliquid than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ARB | 0.2213 | 0.0100 | pay 0.0013% / 1h | 38m 52s | $38.4M | $49.7M | 10x |
| Short | BingX ARB-USDT | 0.2213 | 0.0100 | get 0.0100% / 8h | 5h 38m | — | $54.0M | — |
Hyperliquid ARB
BingX ARB-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
- $0
- Price spread: +0.023% → 0.000%
- $2.26
- Slippage, 4 orders
- −$8.51
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$25.25
- Costs to cover
- 0.275%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; BingX: live order book, 15 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, 5 min ago | 0.45 bp | 6.9 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 1.13 bp | 6.1 bp −$6 | 9.0 bp −$90 | 18.1 bp −$1,812 | 63.1 bp −$31.5K |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1577% | 1h | 0.2203 | −0.452% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0175% | 1h | 0.2211 | −0.104% | $10K | $2.4M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0157% | 1h | 0.2211 | −0.108% | $24K | $34K | 25x | as long as short |
| Variational Omni ARB | −0.0150% | 8h | 0.2215 | +0.082% | $1.9M | $2.9M | — | as long as short |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2211 | −0.090% | $7K | $2K | 10x | as long as short |
| MEXC ARB_USDT | −0.0135% | 8h | 0.2213 | −0.023% | $38.2M | $59.1M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0134% | 8h | 0.2214 | +0.054% | $22.2M | $151.5M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2212 | −0.060% | $1.1M | $4.6M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0097% | 1h | 0.2211 | −0.072% | $96K | $2.1M | 10x | as long as short |
| Gate ARB_USDT | −0.0088% | 8h | 0.2213 | −0.014% | $5.4M | $19.0M | 60x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
01 Exchange ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
Gate ARB_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARBUSDT | −0.0087% | 8h | 0.2214 | +0.027% | $56.3M | $126.4M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0072% | 8h | 0.2210 | −0.136% | $12K | $383K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2214 | +0.026% | $65K | $5K | 10x | as long as short |
| Binance ARBUSDT | +0.0004% | 8h | 0.2214 | +0.045% | $64.5M | $308.7M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2212 | −0.045% | $11K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2211 | −0.111% | $352K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0018% | 8h | 0.2211 | −0.108% | $3.1M | $2.7M | 75x | as long as short |
| ApeX Omni ARBUSDT | +0.0022% | 1h | 0.2223 | +0.452% | $120K | $283K | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2211 | −0.083% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2211 | −0.099% | $1.2M | $6.4M | 15x | as long as short |
| Bitget ARBUSDT | +0.0097% | 8h | 0.2211 | −0.090% | $21.2M | $35.0M | 50x | as long as short |
| Hyperliquid ARBlong | +0.0100% | 1h | 0.2213 | long leg | $38.4M | $49.7M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2213 | −0.014% | $648K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2212 | −0.044% | $42K | $178K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2213 | +0.005% | $19.5M | $15.5M | 75x | as long as short |
| BingX ARB-USDTshort | +0.0100% | 8h | 0.2213 | +0.023% | — | $54.0M | — | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2215 | +0.090% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2221 | +0.379% | $477K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2215 | +0.090% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2212 | −0.045% | $297K | $946K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2211 | −0.090% | $4.9M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2224 | +0.502% | $508K | $2.1M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2213 | −0.009% | $487K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2212 | −0.046% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2211 | −0.102% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0534% | 1h | 0.2215 | +0.068% | $997K | $2.8M | 20x | as long as short |
Bybit ARBUSDT
Orderly PERP_ARB_USDC
dYdX ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Extended ARB-USD
BloFin ARB-USDT
ApeX Omni ARBUSDT
Aevo ARB-PERP
Lighter ARB
Bitget ARBUSDT
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP