Funding you earn now, next payment 23:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.043%
Price spread now: Bitget against Hyperliquid−0.164%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$610.613% of the position
Funding, last 7 days−0.167%−$17 on $10k
+Price spread, last 4 days (all we have)−0.177%−$18 · spread now −0.164%, 7d avg −0.118%
=Together, before fees−0.343%+ Points / potential airdropHyperliquid: Season 2 · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.047% cheaper against Hyperliquid than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.118%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CC | 0.1157 | 0.0130 | pay 0.0016% / 1h | 55m 25s | $5.4M | $1.3M | 3x |
| Short | Bitget CCUSDT | 0.1155 | 0.0100 | get 0.0050% / 4h | 1h 55m | $926K | $786K | 20x |
Hyperliquid CC
Bitget CCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$6.32
- Price spread: −0.164% → −0.118%
- −$4.66
- Slippage, 4 orders
- −$40.28
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$72.26
- Costs to cover
- 0.613%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; Bitget: live order book, 25 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, 7 min ago | 0.43 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 25 min ago | 3.88 bp | 21.4 bp −$21 | 83.8 bp −$838 | doesn't fit | doesn't fit |
CC on 19 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 CC/USDC PERP | −0.3951% | 1h | 0.1146 | −0.968% | $6K | $96 | 5.5x | as long as short |
| Gate CC_USDT | +0.0004% | 4h | 0.1154 | −0.285% | $359K | $207K | 50x | as long as short |
| Bybit CCUSDT | +0.0078% | 4h | 0.1155 | −0.199% | $10.4M | $3.7M | 25x | as long as short |
| MEXC CC_USDT | +0.0078% | 4h | 0.1155 | −0.181% | $1.6M | $294K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0089% | 8h | 0.1154 | −0.286% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1156 | −0.119% | $34K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1155 | −0.207% | $11.0M | $10.9M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1156 | −0.121% | $2.5M | $3.3M | 20x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1156 | −0.121% | $488K | $114K | 50x | as long as short |
| Bitget CCUSDTshort | +0.0100% | 4h | 0.1155 | −0.164% | $926K | $786K | 20x |
Injective CC/USDC PERP
Gate CC_USDT
Bybit CCUSDT
MEXC CC_USDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1154 | −0.268% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1154 | −0.233% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1156 | −0.095% | $577K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1156 | −0.137% | $85K | $2.2M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1153 | −0.349% | $7K | $35K | 6.7x | as long as short |
| Hyperliquid CClong | +0.0130% | 1h | 0.1157 | long leg | $5.4M | $1.3M | 3x | |
| BloFin CC-USDT | +0.0340% | 4h | 0.1156 | −0.130% | $584K | $104K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0440% / S −0.0239% | 1h | 0.1155 | −0.172% | $43K | — | 50x | as long as short |
| Lighter CC | +0.1224% | 1h | 0.1159 | +0.138% | $232K | $148K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC