Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.084%
Price spread now: SunX against Hyperliquid−0.014%52s7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1701.696% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)−0.092%−$9 · spread now −0.014%, 7d avg −0.175%
=Together, before fees−0.154%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.162% dearer against Hyperliquid than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.175%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ICP | 2.9484 | 0.0100 | pay 0.0013% / 1h | 28m 27s | $4.5M | $4.8M | 5x |
| Short | SunX ICP-USDT | 2.9480 | 0.0100 | get 0.0100% / 8h | 3h 28m | $1K | $1.5M | 20x |
Hyperliquid ICP
SunX ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $0
- Price spread: −0.014% → −0.175%
- $16.16
- Slippage, 4 orders
- −$152.64
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$153.48
- Costs to cover
- 1.696%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; SunX: live order book, 6 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, 3 min ago | 2.54 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 49.23 bp | 74.8 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
ICP on 27 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 ICP_USDC-PERPETUAL | −0.0360% | 1h | 2.9468 | −0.054% | $192 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0058% | 1h | 2.9506 | +0.074% | $526K | $597K | 50x | as long as short |
| Phemex ICPUSDT | −0.0015% | 8h | 2.9470 | −0.047% | $1.7M | $788K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9494 | +0.035% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9501 | +0.059% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.614% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0081% | 8h | 2.9540 | +0.189% | $1.0M | $134K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9480 | −0.014% | $143K | $491K | 5x | as long as short |
| Hyperliquid ICPlong | +0.0100% | 1h | 2.9484 | long leg | $4.5M | $4.8M | 5x | |
| Aster ICPUSDT | +0.0100% | 8h | 2.9470 | −0.047% | $260K | $1.5M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Phemex ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9475 | −0.030% | $134K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9454 | −0.102% | $28.9M | $48.6M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9450 | −0.115% | $17.0M | $17.3M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9450 | −0.115% | $5.7M | $15.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9450 | −0.115% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9450 | −0.115% | $18.9M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9480 | −0.014% | $4.8M | $12.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9450 | −0.115% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9460 | −0.081% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9498 | +0.048% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9549 | +0.219% | $569K | $475K | 10x | as long as short |
| SunX ICP-USDTshort | +0.0100% | 8h | 2.9480 | −0.014% | $1K | $1.5M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9430 | −0.183% | $103K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9451 | −0.111% | $22K | $132K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9510 | +0.088% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0352% | 1h | 2.9550 | +0.224% | $66K | $60K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9497 | +0.046% | $31K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]