Funding you earn now, next payment 11:00 UTC+0.0171%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.017%
Price spread now: RISEx against Hyperliquid+0.016%7-day average −0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$270.265% of the position
Funding, last 4 days (all we have)+0.157%+$16 on $10k
+Price spread, last 5 days (all we have)−0.203%−$20 · spread now +0.016%, 7d avg −0.069%
=Together, before fees−0.046%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and RISEx is 0.085% dearer against Hyperliquid than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ARB | 0.2187 | 0.0100 | pay 0.0013% / 1h | 52m 33s | $35.6M | $49.6M | 10x |
| Short | RISEx ARB/USDC | 0.2187 | 0.0271 | get 0.0034% / 1h | 52m 33s | $541K | $2.4M | 10x |
Hyperliquid ARB
RISEx ARB/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $35.84
- Price spread: +0.016% → −0.069%
- $8.48
- Slippage, 4 orders
- −$11.53
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $17.78
- Costs to cover
- 0.265%
- Break-even
- 3.5 days
Slippage from Hyperliquid: live order book, 4 min ago; RISEx: live order book, 4 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, 4 min ago | 0.46 bp | 8.2 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 4 min ago | 1.60 bp | 4.6 bp −$5 | 14.1 bp −$141 | doesn't fit | doesn't fit |
ARB on 36 exchanges
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 | −0.1736% | 1h | 0.2177 | −0.462% | $39K | $372K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0230% | 1h | 0.2188 | +0.024% | $1.1M | $4.2M | 50x | as long as short |
| Bybit ARBUSDT | −0.0198% | 8h | 0.2185 | −0.073% | $53.8M | $122.3M | 50x | as long as short |
| SoDEX ARB-USD | −0.0175% | 1h | 0.2187 | −0.027% | $9K | $2.2M | 5x | as long as short |
| MEXC ARB_USDT | −0.0143% | 8h | 0.2185 | −0.078% | $44.2M | $61.0M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0142% | 8h | 0.2186 | −0.069% | $22.8M | $142.5M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0120% | 1h | 0.2186 | −0.064% | $7K | $414 | 10x | as long as short |
| Binance ARBUSDT | −0.0035% | 8h | 0.2187 | −0.023% | $64.0M | $289.2M | 75x | as long as short |
| Extended ARB-USD | −0.0032% | 1h | 0.2185 | −0.105% | $359K | $3.0M | 25x | as long as short |
| Variational Omni ARB | −0.0030% | 8h | 0.2186 | −0.046% | $1.8M | $2.6M | — | as long as short |
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
SoDEX ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
01 Exchange ARBUSD
Binance ARBUSDT
Extended ARB-USD
Variational Omni ARBShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | −0.0024% | 1h | 0.2188 | +0.027% | $29K | $36K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0019% | 8h | 0.2187 | −0.005% | $16K | $408K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2186 | −0.034% | $64K | $3K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2188 | +0.053% | $73K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.0025% | 1h | 0.2187 | 0.000% | $73K | $1.9M | 10x | as long as short |
| Gate ARB_USDT | +0.0034% | 8h | 0.2185 | −0.078% | $5.4M | $16.3M | 60x | as long as short |
| Phemex ARBUSDT | +0.0034% | 8h | 0.2187 | −0.005% | $4.7M | $12.6M | 50x | as long as short |
| Aevo ARB-PERP | +0.0072% | 1h | 0.2188 | +0.041% | $139K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0086% | 8h | 0.2187 | +0.009% | $3.0M | $2.1M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2187 | 0.000% | $1.3M | $5.3M | 15x | as long as short |
| Hyperliquid ARBlong | +0.0100% | 1h | 0.2187 | long leg | $35.6M | $49.6M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2187 | −0.018% | $625K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2187 | +0.007% | $42K | $143K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2186 | −0.046% | $19.0M | $13.4M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2185 | −0.096% | $20.9M | $33.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2183 | −0.165% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2188 | +0.052% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2188 | +0.038% | $469K | $3.3M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2186 | −0.050% | $118K | $311K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2190 | +0.133% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2187 | +0.009% | $296K | $816K | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0146% | 1h | 0.2190 | +0.114% | $975K | $2.7M | 20x | as long as short |
| RISEx ARB/USDCshort | +0.0271% | 1h | 0.2187 | +0.016% | $541K | $2.4M | 10x | |
| GMX ARB/USD [ARB-USDC] | L +0.0282% / S −0.0166% | 1h | 0.2188 | +0.036% | $847K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2187 | −0.022% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0424% | 1h | 0.2196 | +0.389% | $524K | $1.4M | 50x | as long as short |
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
Gate ARB_USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
Lighter ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX