Funding you earn now, next payment 22:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.032%
Price spread now: Hyperliquid against Bitget+0.038%7-day average +0.126% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.038%, 7d avg +0.126%
=Together, before fees+0.131%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.089% cheaper against Bitget than usual: you would sell low and buy high (spread +0.038% now, against its 7-day average of +0.126%). If the spread goes back, that is −$9 on $10k: about 3.2 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ETHFIUSDT | 0.7200 | 0.0008 | pay 0.0004% / 4h | 2h 43m | $6.2M | $5.5M | 75x |
| Short | Hyperliquid ETHFI | 0.7203 | 0.0100 | get 0.0013% / 1h | 43m 43s | $19.6M | $7.4M | 5x |
Bitget ETHFIUSDT
Hyperliquid ETHFIFunding 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
- $19.32
- Price spread: +0.038% → +0.126%
- −$8.88
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$10.56
- Costs to cover
- 0.210%
- Break-even
- 10.8 days
Slippage unknown: Bitget: live order book, 4 min ago; Hyperliquid: live order book, 9 min ago. Net counts fees only.
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, 4 min ago | 2.08 bp | 12.4 bp −$12 | 28.9 bp −$289 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.07 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0722% | 1h | 0.7197 | −0.042% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0212% | 1h | 0.7206 | +0.087% | $281K | $131K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0149% | 4h | 0.7194 | −0.083% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0092% | 4h | 0.7195 | −0.069% | $83K | $151K | 20x | as long as short |
| Bitget ETHFIUSDTlong | +0.0008% | 4h | 0.7200 | long leg | $6.2M | $5.5M | 75x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.556% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0040% | 8h | 0.7198 | −0.024% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | +0.0077% | 4h | 0.7225 | +0.341% | $1.1M | $709K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7194 | −0.088% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFIshort | +0.0100% | 1h | 0.7203 | +0.038% | $19.6M | $7.4M | 5x |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Lighter ETHFIShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7202 | +0.031% | $184K | $245K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7197 | −0.042% | $25.4M | $35.6M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7203 | +0.042% | $18.6M | $12.4M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7203 | +0.042% | $4.9M | $12.0M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7198 | −0.028% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7194 | −0.083% | $15.5M | $3.6M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7192 | −0.111% | $1.2M | $268K | 50x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7196 | −0.056% | — | $25.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7206 | +0.082% | $57K | $81K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7200 | 0.000% | $2K | $1.0M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7196 | −0.056% | $101K | $488K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7189 | −0.151% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7268 | +0.944% | $32K | $9K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7215 | +0.208% | $1.3M | $289K | 75x | as long as short |
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT