Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.101%7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1051.048% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.105%−$11 · spread now +0.101%, 7d avg −0.079%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.180% dearer against Bitget than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HYPERUSDT | 0.07425 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $310K | $262K | 50x |
| Short | Binance HYPERUSDT | 0.07433 | 0.0100 | get 0.0050% / 4h | 2h 55m | $2.0M | $2.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: +0.101% → −0.079%
- $18.04
- Slippage, 4 orders
- −$82.83
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.8
- Costs to cover
- 1.048%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 28 min ago; Binance: 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, 28 min ago | 4.71 bp | 21.7 bp −$22 | 74.1 bp −$741 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.02 bp | 24.0 bp −$24 | 108.2 bp −$1,082 | doesn't fit | doesn't fit |
HYPER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPER_USDT | −0.0134% | 4h | 0.07440 | +0.202% | $91K | $46K | 50x | as long as short |
| KuCoin HYPERUSDTM | +0.0068% | 4h | 0.07408 | −0.229% | $131K | $93K | 30x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07435 | +0.139% | $72K | $122K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07426 | +0.011% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDTshort | +0.0100% | 4h | 0.07433 | +0.101% | $2.0M | $2.1M | 50x | |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07437 | +0.162% | $1.2M | $709K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07424 | −0.013% | $254K | $128K | 20x | as long as short |
| Bitget HYPERUSDTlong | +0.0100% | 4h | 0.07425 | long leg | $310K | $262K | 50x | |
| Variational Omni HYPER | +0.0100% | 4h | 0.07429 | +0.053% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0134% | 4h | 0.07423 | −0.027% | $190K | $22K | 50x | as long as short |
Bitget HYPERUSDT
Binance HYPERUSDT
Gate HYPER_USDT
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Variational Omni HYPER
BloFin HYPER-USDT