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

BSV

all BSV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0846%/8h= +92.6% APRpaid last 24h +0.250%
Price spread now: Hyperliquid against Bitget+0.047%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$830.830% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.475%+$48 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.047%, 7d avg +0.093%
Together, before fees+0.552%+ Points / potential airdropHyperliquid: Season 2 · farm board+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.047% cheaper against Bitget than usual: you would sell low and buy high (spread +0.047% now, against its 7-day average of +0.093%). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.475% in total) that is about 16 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.475% in total (about 24.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BSVUSDT19.2200.0100pay 0.0050% / 4h51m 09s$2.0M$766K75x
ShortHyperliquid BSV19.2290.0946get 0.0118% / 1h51m 09s$634K$267K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bitget. 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
$177.6
Price spread: +0.047% → +0.093%
−$4.66
Slippage, 4 orders
−$61.96
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$89.98
Costs to cover
0.830%
Break-even
3.5 days
Slippage from Bitget: live order book, 1 min ago; Hyperliquid: live order book, 49 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 Bitget live order book, 1 min ago2.60 bp22.7 bp −$2393.8 bp −$938doesn't fitdoesn't fit
Sell Hyperliquid live order book, 49 min ago1.31 bp20.5 bp −$20doesn't fitdoesn't fitdoesn't fit

BSV on 10 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
Injective BSV/USDC PERP−0.3981%1h19.170−0.260%$2K$91K5.5xas long as short
BloFin BSV-USDT+0.0075%4h19.230+0.052%$123K$212K75xas long as short
Binance BSVUSDT+0.0100%4h19.232+0.060%$1.9M$3.7M75xas long as short
Bybit BSVUSDT+0.0100%4h19.197−0.120%$1.6M$1.1M75xas long as short
Gate BSV_USDT+0.0100%4h19.180−0.208%$1.7M$2.4M50xas long as short
MEXC BSV_USDT+0.0100%4h19.2200.000%$1.8M$552K125xas long as short
KuCoin BSVUSDTM+0.0100%4h19.180−0.208%$682K$93K30xas long as short
Bitget BSVUSDTlong+0.0100%4h19.220long leg$2.0M$766K75x
BingX BSV-USDT+0.0100%4h19.2200.000%$2.4Mas long as short
Hyperliquid BSVshort+0.0946%1h19.229+0.047%$634K$267K3x