Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid−0.065%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$740.744% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.065%, 7d avg +0.042%
=Together, before fees+0.021%+ Points / potential airdropHyperliquid: Season 2 · farm board+$2 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 0.107% cheaper against Hyperliquid than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PEOPLE | 0.009272 | 0.0100 | pay 0.0013% / 1h | 44m 58s | $427K | $216K | 3x |
| Short | BingX PEOPLE-USDT | 0.009266 | 0.0100 | get 0.0100% / 8h | 6h 44m | — | $7.5M | — |
Hyperliquid PEOPLE
BingX PEOPLE-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: −0.065% → +0.042%
- −$10.7
- Slippage, 4 orders
- −$55.42
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$85.12
- Costs to cover
- 0.744%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 65 min ago; BingX: live order book, 8 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, 65 min ago | 1.09 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 4.84 bp | 25.1 bp −$25 | 51.4 bp −$514 | 383.6 bp −$38.4K | 521.4 bp −$260.7K |
PEOPLE on 15 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_PEOPLEUSD | −0.1281% | 1h | 0.009271 | −0.008% | $36K | $45K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0093% | 8h | 0.009267 | −0.054% | $713K | $1.4M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0026% | 8h | 0.009278 | +0.065% | $6K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0027% | 8h | 0.009269 | −0.032% | $699K | $140K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0081% | 8h | 0.009330 | +0.626% | $356K | $90K | 50x | as long as short |
| Hyperliquid PEOPLElong | +0.0100% | 1h | 0.009272 | long leg | $427K | $216K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009278 | +0.063% | $7K | $74K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009271 | −0.011% | $5.7M | $15.9M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009258 | −0.151% | $1.7M | $2.3M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009269 | −0.032% | $3.4M | $8.7M | 20x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
BloFin PEOPLE-USDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009270 | −0.022% | $699K | $291K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009264 | −0.086% | $1.8M | $1.2M | 50x | as long as short |
| BingX PEOPLE-USDTshort | +0.0100% | 8h | 0.009266 | −0.065% | — | $7.5M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009292 | +0.216% | $44K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009267 | −0.053% | $186 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
Extended PEOPLE-USD