Funding you earn now, next payment 05:00 UTC+0.1634%/8h= +178.9% APRnext payment +$2.04 per $10,000 · paid last 24h +0.403%
Price spread now: Deribit against Hyperliquid+0.034%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and Deribit is 0.034% dearer against Hyperliquid than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CFX | 0.05334 | 0.0746 | pay 0.0093% / 1h | 11m 10s | $3.2M | $361K | 5x |
| Short | Deribit CFX_USDC-PERPETUAL | 0.05336 | 0.2381 | get 0.0298% / 1h | 11m 10s | $141 | $29 | 10x |
Hyperliquid CFX
Deribit CFX_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $343.19
- Price spread: +0.034% → 0.000%
- $3.37
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $330.56
- Costs to cover
- 0.160%
- Break-even
- 0.3 days
Slippage unknown: Hyperliquid: live order book, 10 min ago; Deribit: no order-book sample. Net counts fees only.
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, 10 min ago | 1.03 bp | 18.3 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05325 | −0.167% | $5K | $42K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05325 | −0.167% | $5.3M | $9.9M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05327 | −0.135% | $2.4M | $1.3M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05322 | −0.229% | $2.5M | $5.5M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05325 | −0.172% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05324 | −0.191% | $3.5M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05324 | −0.191% | $803K | $302K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05323 | −0.210% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05325 | −0.172% | — | $20.1M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05339 | +0.091% | $37K | $50K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05336 | +0.026% | $506K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05324 | −0.183% | $2K | $266K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0208% | 1h | 0.05358 | +0.446% | $41K | $121K | 50x | as long as short |
| Kraken Futures PF_CFXUSD | +0.0580% | 1h | 0.05323 | −0.203% | $32K | $11K | 20x | as long as short |
| Hyperliquid CFXlong | +0.0746% | 1h | 0.05334 | long leg | $3.2M | $361K | 5x | |
| Deribit CFX_USDC-PERPETUALshort | +0.2381% | 1h | 0.05336 | +0.034% | $141 | $29 | 10x |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Kraken Futures PF_CFXUSD