Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: BingX against Hyperliquid−0.047%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now −0.047%, 7d avg −0.073%
=Together, before fees−0.038%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 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 0.026% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AXS | 1.0641 | 0.0100 | pay 0.0013% / 1h | 28m 56s | $262K | $294K | 5x |
| Short | BingX AXS-USDT | 1.0636 | 0.0100 | get 0.0050% / 4h | 2h 28m | — | $2.6M | — |
Hyperliquid AXS
BingX AXS-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: −0.047% → −0.073%
- $2.59
- Slippage, 4 orders
- −$69.76
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$86.17
- Costs to cover
- 0.888%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 55 min ago; BingX: live order book, 1 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, 55 min ago | 2.82 bp | 28.7 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 4.70 bp | 16.8 bp −$17 | 46.0 bp −$460 | 333.9 bp −$33.4K | 451.9 bp −$226.0K |
AXS on 20 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_AXSUSD | −0.0338% | 1h | 1.0645 | +0.042% | $139K | $325K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.742% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0077% | 4h | 1.0630 | −0.103% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0660 | +0.179% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXSlong | +0.0100% | 1h | 1.0641 | long leg | $262K | $294K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0639 | −0.023% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0640 | −0.009% | $5.9M | $9.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0636 | −0.047% | $3.2M | $3.6M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0633 | −0.075% | $1.4M | $2.7M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0632 | −0.085% | $959K | $1.0M | 50x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0632 | −0.085% | $11.1M | $763K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0640 | −0.009% | $574K | $294K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0630 | −0.103% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDTshort | +0.0100% | 4h | 1.0636 | −0.047% | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0625 | −0.150% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0628 | −0.120% | $758K | $914K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0633 | −0.075% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0636 | −0.047% | $702 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0639 | −0.021% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDT | +0.0157% | 4h | 1.0630 | −0.103% | $271K | $30K | 75x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT