Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.077%
Price spread now: Hyperliquid against SunX+0.167%7-day average +0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1601.595% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.167%, 7d avg +0.175%
=Together, before fees+0.017%+ Points / potential airdropHyperliquid: Season 2 · farm board+$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ICP-USDT | 2.9350 | 0.0100 | pay 0.0100% / 8h | 2h 16m | $2K | $1.5M | 20x |
| Short | Hyperliquid ICP | 2.9399 | 0.0100 | get 0.0013% / 1h | 16m 24s | $4.5M | $4.8M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against SunX. 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: +0.167% → +0.175%
- −$0.84
- Slippage, 4 orders
- −$142.53
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$160.37
- Costs to cover
- 1.595%
- Break-even
- never at this rate
Slippage from SunX: live order book, 9 min ago; Hyperliquid: live order book, 5 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 SunX live order book, 9 min ago | 46.27 bp | 67.0 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 1.71 bp | 12.4 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0068% | 1h | 2.9385 | +0.120% | $522K | $688K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0056% | 1h | 2.9359 | +0.031% | $191 | $439 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9340 | −0.035% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9363 | +0.044% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.073% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0053% | 8h | 2.9230 | −0.409% | $1.0M | $133K | — | as long as short |
| Phemex ICPUSDT | +0.0077% | 8h | 2.9310 | −0.136% | $1.7M | $668K | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9374 | +0.082% | $141K | $494K | 5x | as long as short |
| Hyperliquid ICPshort | +0.0100% | 1h | 2.9399 | +0.167% | $4.5M | $4.8M | 5x | |
| Aster ICPUSDT | +0.0100% | 8h | 2.9367 | +0.059% | $263K | $1.3M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9341 | −0.031% | $133K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9367 | +0.059% | $28.8M | $48.9M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9350 | 0.000% | $17.1M | $18.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9350 | 0.000% | $5.6M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9350 | 0.000% | $1.8M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9360 | +0.034% | $18.4M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9350 | 0.000% | $4.8M | $12.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9380 | +0.102% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9360 | +0.034% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9258 | −0.314% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9290 | −0.205% | $565K | $505K | 10x | as long as short |
| SunX ICP-USDTlong | +0.0100% | 8h | 2.9350 | long leg | $2K | $1.5M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9350 | 0.000% | $102K | $118K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9352 | +0.006% | $23K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9280 | −0.239% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9380 | +0.102% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9363 | +0.044% | $30K | — | 100x | as long as short |
SunX ICP-USDT
Hyperliquid ICP
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Phemex ICPUSDT
Lighter ICP
Aster ICPUSDT
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]