Funding you earn now, next payment 00:00 UTC+0.1405%/8h= +153.9% APRpaid last 24h +0.249%
Price spread now: Hyperliquid against Bitget+0.217%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$900.904% of the position
Funding, last 7 days+0.442%+$44 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.217%, 7d avg +0.093%
=Together, before fees+0.311%+ Points / potential airdropHyperliquid: Season 2 · farm board+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and Hyperliquid is 0.124% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.093%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.442% in total (about 23.0% 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 | Bitget BSVUSDT | 18.430 | 0.0100 | pay 0.0050% / 4h | 28m 58s | $1.9M | $425K | 75x |
| Short | Hyperliquid BSV | 18.470 | 0.1505 | get 0.0188% / 1h | 28m 58s | $556K | $190K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $295.06
- Price spread: +0.217% → +0.093%
- $12.44
- Slippage, 4 orders
- −$69.44
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $217.07
- Costs to cover
- 0.904%
- Break-even
- 1.9 days
Slippage from Bitget: live order book, 3 min ago; Hyperliquid: 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 Bitget live order book, 3 min ago | 2.71 bp | 25.3 bp −$25 | 116.4 bp −$1,164 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 41 min ago | 1.09 bp | 21.7 bp −$22 | 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 | −0.0024% | 1h | 18.370 | −0.326% | $1K | $88K | 5.5x | as long as short |
| Binance BSVUSDT | +0.0100% | 4h | 18.440 | +0.054% | $1.7M | $1.9M | 75x | as long as short |
| Bybit BSVUSDT | +0.0100% | 4h | 18.437 | +0.038% | $1.5M | $583K | 75x | as long as short |
| Gate BSV_USDT | +0.0100% | 4h | 18.410 | −0.109% | $1.6M | $1.3M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 18.440 | +0.054% | $1.3M | $353K | 125x | as long as short |
| KuCoin BSVUSDTM | +0.0100% | 4h | 18.480 | +0.271% | $669K | $53K | 30x | as long as short |
| Bitget BSVUSDTlong | +0.0100% | 4h | 18.430 | long leg | $1.9M | $425K | 75x | |
| BingX BSV-USDT | +0.0100% | 4h | 18.440 | +0.054% | — | $2.3M | — | as long as short |
| BloFin BSV-USDT | +0.0127% | 4h | 18.460 | +0.163% | $111K | $209K | 75x | as long as short |
| Hyperliquid BSVshort | +0.1505% | 1h | 18.470 | +0.217% | $556K | $190K | 3x |
Bitget BSVUSDT
Hyperliquid BSV
Injective BSV/USDC PERP
Binance BSVUSDT
Bybit BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
KuCoin BSVUSDTM
BingX BSV-USDT
BloFin BSV-USDT