Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Bitget against Hyperliquid−0.040%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1211.215% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.040%, 7d avg −0.045%
=Together, before fees+0.113%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ALT | 0.007483 | 0.0100 | pay 0.0013% / 1h | 50m 33s | $1.1M | $186K | 3x |
| Short | Bitget ALTUSDT | 0.007480 | 0.0100 | get 0.0050% / 4h | 2h 50m | $615K | $102K | 50x |
Hyperliquid ALT
Bitget ALTUSDTFunding 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: −0.040% → −0.045%
- $0.52
- Slippage, 4 orders
- −$100.46
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$120.94
- Costs to cover
- 1.215%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Bitget: live order book, 34 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, 10 min ago | 2.01 bp | 31.6 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 34 min ago | 7.34 bp | 36.2 bp −$36 | 182.7 bp −$1,827 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALTUSDT | −0.0681% | 4h | 0.007475 | −0.107% | $1.2M | $1.6M | 25x | as long as short |
| Variational Omni ALT | −0.0452% | 4h | 0.007475 | −0.113% | $4K | $12K | — | as long as short |
| Deribit ALT_USDC-PERPETUAL | −0.0017% | 1h | 0.007485 | +0.027% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −1.363% | $815 | $4K | 5.5x | as long as short |
| BloFin ALT-USDT | +0.0071% | 4h | 0.007483 | 0.000% | $172K | $9K | 50x | as long as short |
| Hyperliquid ALTlong | +0.0100% | 1h | 0.007483 | long leg | $1.1M | $186K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007487 | +0.054% | $2.6M | $3.5M | 50x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007485 | +0.027% | $51K | $414K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007485 | +0.027% | $399K | $194K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007480 | −0.040% | $149K | $21K | 30x | as long as short |
Bybit ALTUSDT
Variational Omni ALT
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
BloFin ALT-USDT
Binance 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 ALTUSDTshort | +0.0100% | 4h | 0.007480 | −0.040% | $615K | $102K | 50x | |
| BingX ALT-USDT | +0.0100% | 4h | 0.007484 | +0.013% | — | $1.3M | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0200% | 1h | 0.007499 | +0.209% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0384% | 1h | 0.007512 | +0.388% | $14K | $2K | 50x | as long as short |
BingX ALT-USDT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX