Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.062%
Price spread now: Hyperliquid against SunX+0.071%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1701.697% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 3 days (all we have)−1.163%−$116 · spread now +0.071%, 7d avg +0.003%
=Together, before fees−1.037%+ Points / potential airdropHyperliquid: Season 2 · farm board−$104 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 0.068% dearer against SunX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARB-USDT | 0.2245 | 0.0100 | pay 0.0100% / 8h | 2h 32m | $1K | $1.1M | 30x |
| Short | Hyperliquid ARB | 0.2247 | 0.0100 | get 0.0013% / 1h | 32m 51s | $40.2M | $53.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against SunX. 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: +0.071% → +0.003%
- $6.82
- Slippage, 4 orders
- −$152.7
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$162.88
- Costs to cover
- 1.697%
- Break-even
- never at this rate
Slippage from SunX: live order book, 10 min ago; Hyperliquid: live order book, 11 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 SunX live order book, 10 min ago | 31.43 bp | 60.9 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.67 bp | 5.2 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1675% | 1h | 0.2223 | −0.980% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0296% | 1h | 0.2242 | −0.125% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0201% | 8h | 0.2243 | −0.071% | $56.6M | $136.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0196% | 1h | 0.2244 | −0.062% | $37K | $18K | 25x | as long as short |
| Variational Omni ARB | −0.0178% | 8h | 0.2229 | −0.692% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0077% | 8h | 0.2243 | −0.094% | $22.3M | $166.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0075% | 8h | 0.2241 | −0.160% | $37.7M | $63.4M | 200x | as long as short |
| SoDEX ARB-USD | −0.0053% | 1h | 0.2241 | −0.178% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2242 | −0.112% | $1.1M | $5.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0012% | 8h | 0.2242 | −0.134% | $10K | $387K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0003% | 1h | 0.2244 | −0.040% | $77K | $2.3M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2241 | −0.161% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2244 | −0.036% | $55K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2241 | −0.195% | $357K | $2.5M | 25x | as long as short |
| Gate ARB_USDT | +0.0008% | 8h | 0.2243 | −0.089% | $5.5M | $21.6M | 60x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2244 | −0.053% | $63.8M | $325.9M | 75x | as long as short |
| BloFin ARB-USDT | +0.0042% | 8h | 0.2241 | −0.196% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2244 | −0.049% | $147K | $12K | 3x | as long as short |
| BingX ARB-USDT | +0.0084% | 8h | 0.2242 | −0.120% | — | $54.0M | — | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2243 | −0.089% | $21.1M | $38.7M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2245 | −0.004% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARBshort | +0.0100% | 1h | 0.2247 | +0.071% | $40.2M | $53.1M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2241 | −0.158% | $697K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2240 | −0.228% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2242 | −0.116% | $20.7M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2236 | −0.400% | $36K | $452K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2237 | −0.360% | $483K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2235 | −0.445% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDTlong | +0.0100% | 8h | 0.2245 | long leg | $1K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2244 | −0.031% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2243 | −0.089% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2245 | −0.019% | $823K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2240 | −0.205% | $500K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2244 | −0.065% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2244 | −0.024% | $493K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0564% | 1h | 0.2246 | +0.045% | $1.1M | $2.7M | 20x | as long as short |
SunX ARB-USDT
Hyperliquid ARB
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Gate ARB_USDT
Binance ARBUSDT
BloFin ARB-USDT
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP