Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: BingX against Hyperliquid0.000%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$890.892% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now 0.000%, 7d avg +0.024%
=Together, before fees+0.136%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 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: BingX is 0.024% cheaper against Hyperliquid than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ALT | 0.007563 | 0.0100 | pay 0.0013% / 1h | 5m 30s | $1.1M | $183K | 3x |
| Short | BingX ALT-USDT | 0.007563 | 0.0100 | get 0.0050% / 4h | 5m 30s | — | $1.3M | — |
Hyperliquid ALT
BingX ALT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: 0.000% → +0.024%
- −$2.41
- Slippage, 4 orders
- −$70.19
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$91.6
- Costs to cover
- 0.892%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; BingX: live order book, 10 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, 5 min ago | 2.65 bp | 35.7 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.32 bp | 18.2 bp −$18 | 51.7 bp −$517 | 585.0 bp −$58.5K | 848.1 bp −$424.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | −0.0088% | 1h | 0.007562 | −0.014% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007557 | −0.079% | — | $0 | 25x | as long as short |
| Variational Omni ALT | +0.0006% | 4h | 0.007547 | −0.205% | $5K | $13K | — | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −2.406% | $815 | $4K | 5.5x | as long as short |
| Hyperliquid ALTlong | +0.0100% | 1h | 0.007563 | long leg | $1.1M | $183K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007567 | +0.049% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007554 | −0.119% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007555 | −0.106% | $52K | $414K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007567 | +0.053% | $403K | $186K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007559 | −0.053% | $150K | $21K | 30x | as long as short |
Kraken Futures PF_ALTUSD
Deribit ALT_USDC-PERPETUAL
Variational Omni ALT
Injective ALT/USDC PERP
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDT | +0.0100% | 4h | 0.007564 | +0.013% | $609K | $118K | 50x | as long as short |
| BingX ALT-USDTshort | +0.0100% | 4h | 0.007563 | 0.000% | — | $1.3M | — | |
| BloFin ALT-USDT | +0.0140% | 4h | 0.007553 | −0.132% | $171K | $10K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0416% | 1h | 0.007557 | −0.079% | $14K | $3K | 50x | as long as short |
Bitget ALTUSDT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX