Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid−0.003%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$590.588% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days−0.177%−$18 · spread now −0.003%, 7d avg −0.078%
=Together, before fees−0.181%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 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 0.074% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PYTH | 0.06262 | 0.0100 | pay 0.0013% / 1h | 51m 31s | $1.6M | $1.5M | 5x |
| Short | Bitget PYTHUSDT | 0.06262 | 0.0100 | get 0.0050% / 4h | 1h 51m | $2.6M | $2.0M | 75x |
Hyperliquid PYTH
Bitget PYTHUSDTFunding 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: −0.003% → −0.078%
- $7.45
- Slippage, 4 orders
- −$37.75
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$51.3
- Costs to cover
- 0.588%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Bitget: 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, 9 min ago | 0.80 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 3.19 bp | 15.2 bp −$15 | 54.6 bp −$546 | doesn't fit | doesn't fit |
PYTH on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −0.0428% | 1h | 0.06260 | −0.035% | $553 | $220K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0209% | 1h | 0.06262 | −0.008% | $380K | $253K | 25x | as long as short |
| Gate PYTH_USDT | −0.0048% | 4h | 0.06264 | +0.029% | $1.1M | $477K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06276 | +0.226% | $186K | $19 | 5x | as long as short |
| Binance PYTHUSDT | +0.0032% | 4h | 0.06254 | −0.137% | $9.1M | $16.9M | 75x | as long as short |
| MEXC PYTH_USDT | +0.0034% | 4h | 0.06255 | −0.115% | $9.1M | $2.3M | 125x | as long as short |
| Bybit PYTHUSDT | +0.0057% | 4h | 0.06261 | −0.019% | $7.4M | $5.1M | 50x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0065% | 1h | 0.06269 | +0.107% | $38K | $88K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0080% | 1h | 0.06431 | +2.696% | $40K | $6K | 25x | as long as short |
| BloFin PYTH-USDT | +0.0082% | 4h | 0.06287 | +0.396% | $419K | $115K | 75x | as long as short |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Gate PYTH_USDT
dYdX PYTH-USD
Binance PYTHUSDT
MEXC PYTH_USDT
Bybit PYTHUSDT
Backpack PYTH_USDC_PERP
Coinbase International PYTH-PERP-INTX
BloFin PYTH-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06265 | +0.045% | $22K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06268 | +0.093% | $196K | $208K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06255 | −0.112% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTHlong | +0.0100% | 1h | 0.06262 | long leg | $1.6M | $1.5M | 5x | |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06271 | +0.145% | $19K | $40K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06258 | −0.067% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06263 | +0.013% | $1.5M | $314K | 50x | as long as short |
| Bitget PYTHUSDTshort | +0.0100% | 4h | 0.06262 | −0.003% | $2.6M | $2.0M | 75x | |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06262 | −0.003% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06271 | +0.148% | $44K | $22K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06270 | +0.121% | $3K | $1K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06257 | −0.078% | — | — | 20x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0388% | 1h | 0.06275 | +0.204% | $10K | $10K | 10x | as long as short |
Aevo PYTH-PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Deribit PYTH_USDC-PERPETUAL