Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: BingX against Hyperliquid−0.092%7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1281.284% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.092%, 7d avg +0.099%
=Together, before fees+0.203%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 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: BingX is 0.191% cheaper against Hyperliquid than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.099%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid IOTA | 0.04773 | 0.0100 | pay 0.0013% / 1h | 48m 00s | $895K | $327K | 3x |
| Short | BingX IOTA-USDT | 0.04769 | 0.0100 | get 0.0100% / 8h | 7h 48m | — | $2.3M | — |
Hyperliquid IOTA
BingX IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.092% → +0.099%
- −$19.14
- Slippage, 4 orders
- −$109.43
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$147.57
- Costs to cover
- 1.284%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; BingX: live order book, 16 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, 2 min ago | 1.68 bp | 29.1 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 5.25 bp | 22.9 bp −$23 | 58.3 bp −$583 | 406.6 bp −$40.7K | 498.2 bp −$249.1K |
IOTA on 12 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_IOTAUSD | +0.0061% | 1h | 0.04774 | +0.013% | $16K | $20K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0076% | 8h | 0.04762 | −0.239% | $164K | $42K | 75x | as long as short |
| Hyperliquid IOTAlong | +0.0100% | 1h | 0.04773 | long leg | $895K | $327K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04774 | +0.003% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04770 | −0.071% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04772 | −0.029% | $552K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04764 | −0.197% | $822K | $250K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04771 | −0.050% | $586K | $170K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04771 | −0.050% | $1.8M | $722K | 50x | as long as short |
| BingX IOTA-USDTshort | +0.0100% | 8h | 0.04769 | −0.092% | — | $2.3M | — |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04761 | −0.255% | $51K | $33K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0771% | 8h | 0.04772 | −0.029% | $2.7M | $188K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM