Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against HTX+0.248%48s7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1021.019% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)−0.304%−$30 · spread now +0.248%, 7d avg +0.135%
=Together, before fees−0.379%+ Points / potential airdropHyperliquid: Season 2 · farm board−$38 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: Hyperliquid is 0.113% dearer against HTX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.135%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ALGO-USDT | 0.1129 | 0.0100 | pay 0.0100% / 8h | 5h 35m | $60K | $140K | 75x |
| Short | Hyperliquid ALGO | 0.1132 | 0.0100 | get 0.0013% / 1h | 35m 19s | $3.8M | $2.0M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against HTX. 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: +0.248% → +0.135%
- $11.29
- Slippage, 4 orders
- −$80.88
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$90.59
- Costs to cover
- 1.019%
- Break-even
- never at this rate
Slippage from HTX: live order book, 26 min ago; Hyperliquid: 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 HTX live order book, 26 min ago | 12.11 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 3.11 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1130 | +0.026% | $17K | — | 150x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | 0.0000% | 1h | 0.1130 | +0.071% | $90K | $45K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0032% | 1h | 0.1130 | +0.044% | $71K | $273K | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | −0.832% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGOshort | +0.0100% | 1h | 0.1132 | +0.248% | $3.8M | $2.0M | 5x | |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1130 | +0.026% | $45K | $40K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1130 | +0.052% | $9.9M | $34.5M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1130 | +0.044% | $11.8M | $12.4M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1130 | +0.089% | $2.9M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1129 | +0.009% | $883K | $851K | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1130 | +0.053% | $23.0M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1130 | +0.044% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1130 | +0.053% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1130 | +0.053% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1130 | +0.034% | $62K | $12K | — | as long as short |
| HTX ALGO-USDTlong | +0.0100% | 8h | 0.1129 | long leg | $60K | $140K | 75x | |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1131 | +0.142% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1129 | −0.034% | $4K | $229K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1126 | −0.336% | $489K | $889K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0344% / S −0.0313% | 1h | 0.1130 | +0.070% | $7K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0349% | 1h | 0.1130 | +0.075% | $836K | $1.1M | 50x | as long as short |
| dYdX ALGO-USD | +0.2302% | 1h | 0.1130 | +0.029% | $163K | $4K | 5x | as long as short |
HTX ALGO-USDT
Hyperliquid ALGO
gTrade (Gains Network) ALGO/USD
Deribit ALGO_USDC-PERPETUAL
Coinbase International ALGO-PERP-INTX
Injective ALGO/USDC PERP
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD