Settings8H · net · $10k
Funding arb · Price arb /

BSV

all BSV markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BSVUSDT18.4300.0100pay 0.0050% / 4h28m 58s$1.9M$425K75x
ShortHyperliquid BSV18.4700.1505get 0.0188% / 1h28m 58s$556K$190K3x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago2.71 bp25.3 bp −$25116.4 bp −$1,164doesn't fitdoesn't fit
Sell Hyperliquid live order book, 41 min ago1.09 bp21.7 bp −$22doesn't fitdoesn't fitdoesn't fit

BSV on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BSV/USDC PERP−0.0024%1h18.370−0.326%$1K$88K5.5xas long as short
Binance BSVUSDT+0.0100%4h18.440+0.054%$1.7M$1.9M75xas long as short
Bybit BSVUSDT+0.0100%4h18.437+0.038%$1.5M$583K75xas long as short
Gate BSV_USDT+0.0100%4h18.410−0.109%$1.6M$1.3M50xas long as short
MEXC BSV_USDT+0.0100%4h18.440+0.054%$1.3M$353K125xas long as short
KuCoin BSVUSDTM+0.0100%4h18.480+0.271%$669K$53K30xas long as short
Bitget BSVUSDTlong+0.0100%4h18.430long leg$1.9M$425K75x
BingX BSV-USDT+0.0100%4h18.440+0.054%$2.3Mas long as short
BloFin BSV-USDT+0.0127%4h18.460+0.163%$111K$209K75xas long as short
Hyperliquid BSVshort+0.1505%1h18.470+0.217%$556K$190K3x