Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid−0.055%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$760.758% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)−0.072%−$7 · spread now −0.055%, 7d avg −0.014%
=Together, before fees−0.071%+ Points / potential airdropHyperliquid: Season 2 · farm board−$7 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: Bitget is 0.041% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PEOPLE | 0.009107 | 0.0100 | pay 0.0013% / 1h | 6m 11s | $429K | $214K | 3x |
| Short | Bitget PEOPLEUSDT | 0.009102 | 0.0100 | get 0.0100% / 8h | 4h 06m | $1.6M | $1.1M | 50x |
Hyperliquid PEOPLE
Bitget PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.055% → −0.014%
- −$4.12
- Slippage, 4 orders
- −$54.8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$79.92
- Costs to cover
- 0.758%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 22 min ago; Bitget: 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 Hyperliquid live order book, 22 min ago | 1.10 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.95 bp | 18.5 bp −$18 | 40.2 bp −$402 | doesn't fit | doesn't fit |
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 | −0.1185% | 1h | 0.009099 | −0.093% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0152% | 8h | 0.009106 | −0.011% | $657K | $121K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0034% | 8h | 0.009084 | −0.253% | $6K | $4K | — | as long as short |
| Bybit PEOPLEUSDT | +0.0059% | 8h | 0.009104 | −0.033% | $1.6M | $2.1M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0068% | 8h | 0.009112 | +0.055% | $764K | $1.5M | 50x | as long as short |
| Hyperliquid PEOPLElong | +0.0100% | 1h | 0.009107 | long leg | $429K | $214K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009113 | +0.066% | $8K | $72K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009106 | −0.011% | $5.4M | $14.8M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009103 | −0.044% | $3.2M | $8.1M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009104 | −0.033% | $648K | $309K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Bybit PEOPLEUSDT
Gate PEOPLE_USDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDTshort | +0.0100% | 8h | 0.009102 | −0.055% | $1.6M | $1.1M | 50x | |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009112 | +0.055% | — | $5.4M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009105 | −0.022% | $43K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009108 | +0.006% | $182 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0122% | 8h | 0.009124 | +0.187% | $345K | $81K | 50x | as long as short |
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT