Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: Hyperliquid against Bitget+0.027%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1201.203% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.027%, 7d avg +0.047%
=Together, before fees−0.079%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 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 0.020% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALTUSDT | 0.007514 | 0.0100 | pay 0.0050% / 4h | 29m 59s | $617K | $100K | 50x |
| Short | Hyperliquid ALT | 0.007516 | 0.0100 | get 0.0013% / 1h | 29m 59s | $1.1M | $184K | 3x |
Bitget ALTUSDT
Hyperliquid ALTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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: +0.027% → +0.047%
- −$2.03
- Slippage, 4 orders
- −$99.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$122.32
- Costs to cover
- 1.203%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 45 min ago; Hyperliquid: live order book, just now.
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 Bitget live order book, 45 min ago | 4.00 bp | 25.9 bp −$26 | 201.4 bp −$2,014 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, just now | 3.33 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
ALT on 14 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 ALT_USDC-PERPETUAL | −0.0149% | 1h | 0.007522 | +0.106% | — | $0 | 25x | as long as short |
| Kraken Futures PF_ALTUSD | −0.0089% | 1h | 0.007525 | +0.141% | $44K | $8K | 10x | as long as short |
| Variational Omni ALT | −0.0041% | 4h | 0.007514 | +0.002% | $5K | $13K | — | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −1.770% | $815 | $4K | 5.5x | as long as short |
| BloFin ALT-USDT | +0.0044% | 4h | 0.007512 | −0.027% | $171K | $10K | 50x | as long as short |
| Hyperliquid ALTshort | +0.0100% | 1h | 0.007516 | +0.027% | $1.1M | $184K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007520 | +0.074% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007516 | +0.027% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007521 | +0.093% | $51K | $412K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007521 | +0.093% | $401K | $185K | 50x | as long as short |
Deribit ALT_USDC-PERPETUAL
Kraken Futures PF_ALTUSD
Variational Omni ALT
Injective ALT/USDC PERP
BloFin ALT-USDT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007525 | +0.146% | $149K | $21K | 30x | as long as short |
| Bitget ALTUSDTlong | +0.0100% | 4h | 0.007514 | long leg | $617K | $100K | 50x | |
| BingX ALT-USDT | +0.0100% | 4h | 0.007517 | +0.040% | — | $1.3M | — | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0416% | 1h | 0.007548 | +0.452% | $14K | $3K | 50x | as long as short |
KuCoin ALTUSDTM
BingX ALT-USDT
Coinbase International ALT-PERP-INTX