Funding you earn now, next payment 05:00 UTC−0.0157%/8h= −17.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.019%
Price spread now: Extended against Hyperliquid−0.167%7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$840.843% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now −0.167%, 7d avg −0.158%
=Together, before fees−0.346%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.158%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AR | 4.3813 | 0.0261 | pay 0.0033% / 1h | 10m 24s | $3.7M | $4.4M | 5x |
| Short | Extended AR-USD | 4.3740 | 0.0104 | get 0.0013% / 1h | 10m 24s | $36K | $237K | 10x |
Hyperliquid AR
Extended AR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$33.07
- Price spread: −0.167% → −0.158%
- −$0.82
- Slippage, 4 orders
- −$70.27
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$118.16
- Costs to cover
- 0.843%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 1 min ago; Extended: live order book, 41 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, 1 min ago | 1.71 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 41 min ago | 5.09 bp | 28.0 bp −$28 | 289.7 bp −$2,897 | doesn't fit | doesn't fit |
AR on 17 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_ARUSD | −0.1234% | 1h | 4.3711 | −0.233% | $59K | $143K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0141% / S +0.0551% | 1h | 4.3749 | −0.145% | $563K | — | 50x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.3760 | −0.121% | $30K | $467K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.3738 | −0.171% | $8.6M | $50.3M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.3723 | −0.205% | $4.4M | $8.5M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.3710 | −0.235% | $2.2M | $17.3M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.3750 | −0.144% | $2.4M | $1.9M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.3740 | −0.167% | $6.0M | $4.2M | 100x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.3710 | −0.235% | $1.1M | $1.3M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.3710 | −0.235% | $3.8M | $5.2M | 75x | as long as short |
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTM
Bitget ARUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AR-USDT | +0.0100% | 8h | 4.3740 | −0.167% | — | $2.8M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.3717 | −0.219% | $232K | $414K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.3870 | +0.130% | $19K | $712K | 50x | as long as short |
| Extended AR-USDshort | +0.0104% | 1h | 4.3740 | −0.167% | $36K | $237K | 10x | |
| BloFin AR-USDT | +0.0220% | 8h | 4.3830 | +0.039% | $416K | $471K | 20x | as long as short |
| Hyperliquid ARlong | +0.0261% | 1h | 4.3813 | long leg | $3.7M | $4.4M | 5x | |
| Injective AR/USDC PERP | +0.0433% | 1h | 4.4240 | +0.975% | $2K | $5K | 5.5x | as long as short |
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
BloFin AR-USDT
Injective AR/USDC PERP