Funding you earn now, next payment 04:00 UTC+0.1313%/8h= +143.8% APRpaid last 24h +0.250%
Price spread now: Hyperliquid against BingX+0.274%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$920.921% of the position
Funding, last 7 days+0.469%+$47 on $10k
+Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.274%, 7d avg +0.066%
=Together, before fees+0.290%+ Points / potential airdropHyperliquid: Season 2 · farm board+$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Hyperliquid is 0.208% dearer against BingX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.066%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.469% in total (about 24.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BSV-USDT | 19.350 | 0.0100 | pay 0.0050% / 4h | 1m 41s | — | $2.4M | — |
| Short | Hyperliquid BSV | 19.403 | 0.1413 | get 0.0177% / 1h | 1m 41s | $697K | $280K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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
- $275.73
- Price spread: +0.274% → +0.066%
- $20.79
- Slippage, 4 orders
- −$73.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $204.41
- Costs to cover
- 0.921%
- Break-even
- 1.8 days
Slippage from BingX: live order book, 7 min ago; Hyperliquid: live order book, 28 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 BingX live order book, 7 min ago | 7.77 bp | 29.3 bp −$29 | 59.1 bp −$591 | 392.2 bp −$39.2K | 451.2 bp −$225.6K |
| Sell Hyperliquid live order book, 28 min ago | 3.87 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
BSV on 10 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 BSV/USDC PERP | −0.3981% | 1h | 19.270 | −0.413% | $2K | $91K | 5.5x | as long as short |
| BloFin BSV-USDT | +0.0067% | 4h | 19.320 | −0.155% | $125K | $210K | 75x | as long as short |
| Binance BSVUSDT | +0.0100% | 4h | 19.384 | +0.175% | $1.9M | $3.8M | 75x | as long as short |
| Bybit BSVUSDT | +0.0100% | 4h | 19.355 | +0.026% | $1.7M | $1.1M | 75x | as long as short |
| Gate BSV_USDT | +0.0100% | 4h | 19.330 | −0.103% | $1.8M | $2.6M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 19.380 | +0.155% | $2.4M | $626K | 125x | as long as short |
| KuCoin BSVUSDTM | +0.0100% | 4h | 19.370 | +0.103% | $684K | $97K | 30x | as long as short |
| Bitget BSVUSDT | +0.0100% | 4h | 19.390 | +0.207% | $2.0M | $774K | 75x | as long as short |
| BingX BSV-USDTlong | +0.0100% | 4h | 19.350 | long leg | — | $2.4M | — | |
| Hyperliquid BSVshort | +0.1413% | 1h | 19.403 | +0.274% | $697K | $280K | 3x |
BingX BSV-USDT
Hyperliquid BSV
Injective BSV/USDC PERP
BloFin BSV-USDT
Binance BSVUSDT
Bybit BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
KuCoin BSVUSDTM
Bitget BSVUSDT