Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Hyperliquid+0.248%7-day average −0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$970.971% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.311%−$31 · spread now +0.248%, 7d avg −0.136%
=Together, before fees−0.237%+ Points / potential airdropHyperliquid: Season 2 · farm board−$24 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: HTX is 0.384% dearer against Hyperliquid than usual: you sell high and buy low, +$38 on $10k if it goes back to its 7-day average of −0.136%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ALGO | 0.1088 | 0.0100 | pay 0.0013% / 1h | 27m 09s | $3.4M | $2.3M | 5x |
| Short | HTX ALGO-USDT | 0.1091 | 0.0100 | get 0.0100% / 8h | 2h 27m | $59K | $135K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.248% → −0.136%
- $38.4
- Slippage, 4 orders
- −$76.1
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$58.7
- Costs to cover
- 0.971%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; HTX: live order book, 19 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, 4 min ago | 0.46 bp | 22.4 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 19 min ago | 8.20 bp | 31.4 bp −$31 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0302% | 1h | 0.1087 | −0.074% | $86K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1088 | 0.000% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +2.951% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGOlong | +0.0100% | 1h | 0.1088 | long leg | $3.4M | $2.3M | 5x | |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1088 | +0.025% | $43K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1087 | −0.095% | $9.3M | $35.0M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1085 | −0.230% | $10.8M | $12.7M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1086 | −0.138% | $2.7M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1088 | +0.009% | $832K | $926K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1087 | −0.074% | $22.5M | $3.2M | 200x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1087 | −0.083% | $3.4M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1087 | −0.083% | $5.4M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1087 | −0.064% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1090 | +0.164% | $60K | $12K | — | as long as short |
| HTX ALGO-USDTshort | +0.0100% | 8h | 0.1091 | +0.248% | $59K | $135K | 75x | |
| Extended ALGO-USD | +0.0104% | 1h | 0.1087 | −0.063% | $7K | $196K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0114% | 1h | 0.1088 | −0.026% | $817K | $1.1M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1093 | +0.450% | $62K | $289K | 50x | as long as short |
| Phemex ALGOUSDT | +0.0145% | 8h | 0.1089 | +0.101% | $3.7M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1088 | 0.000% | $468K | $864K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0316% / S −0.0264% | 1h | 0.1088 | +0.029% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1727% | 1h | 0.1090 | +0.198% | $157K | $5K | 5x | as long as short |
Hyperliquid ALGO
HTX ALGO-USDT
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
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
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
Coinbase International ALGO-PERP-INTX
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]