Funding you earn now, next payment 05:00 UTC+0.0579%/8h= +63.5% APRpaid last 24h +0.178%
Price spread now: Hyperliquid against Bitget+0.187%7-day average +0.241% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$800.800% of the position
Funding, last 7 days+0.279%+$28 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now +0.187%, 7d avg +0.241%
=Together, before fees+0.298%+ Points / potential airdropHyperliquid: Season 2 · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.053% cheaper against Bitget than usual: you would sell low and buy high (spread +0.187% now, against its 7-day average of +0.241%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.279% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.279% in total (about 14.6% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CFXUSDT | 0.05340 | 0.0100 | pay 0.0100% / 8h | 3h 31m | $1.6M | $1.4M | 75x |
| Short | Hyperliquid CFX | 0.05350 | 0.0679 | get 0.0085% / 1h | 31m 56s | $3.2M | $360K | 5x |
Bitget CFXUSDT
Hyperliquid CFXFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $121.69
- Price spread: +0.187% → +0.241%
- −$5.34
- Slippage, 4 orders
- −$59.03
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $36.33
- Costs to cover
- 0.800%
- Break-even
- 4.9 days
Slippage from Bitget: live order book, 5 min ago; Hyperliquid: live order book, 9 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 Bitget live order book, 5 min ago | 3.75 bp | 17.7 bp −$18 | 37.6 bp −$376 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.62 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05340 | −0.006% | $5K | $42K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05341 | +0.019% | $5.3M | $9.9M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05343 | +0.056% | $2.4M | $1.3M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05343 | +0.056% | $2.5M | $5.5M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05340 | 0.000% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05338 | −0.037% | $3.2M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05338 | −0.037% | $805K | $302K | 75x | as long as short |
| Bitget CFXUSDTlong | +0.0100% | 8h | 0.05340 | long leg | $1.6M | $1.4M | 75x | |
| BingX CFX-USDT | +0.0100% | 8h | 0.05338 | −0.037% | — | $20.1M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05341 | +0.011% | $37K | $50K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05345 | +0.086% | $507K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05337 | −0.065% | $2K | $268K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0208% | 1h | 0.05349 | +0.169% | $41K | $121K | 50x | as long as short |
| Kraken Futures PF_CFXUSD | +0.0578% | 1h | 0.05340 | +0.001% | $32K | $11K | 20x | as long as short |
| Hyperliquid CFXshort | +0.0679% | 1h | 0.05350 | +0.187% | $3.2M | $360K | 5x | |
| Deribit CFX_USDC-PERPETUAL | +0.2185% | 1h | 0.05351 | +0.206% | $141 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL