Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX+0.126%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$520.515% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 7 days−0.132%−$13 · spread now +0.126%, 7d avg +0.037%
=Together, before fees−0.127%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.090% dearer against BingX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ETC-USDT | 8.7900 | 0.0100 | pay 0.0100% / 8h | 2h 37m | — | $20.6M | — |
| Short | Hyperliquid ETC | 8.8011 | 0.0100 | get 0.0013% / 1h | 37m 32s | $2.2M | $422K | 5x |
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
- $0
- Price spread: +0.126% → +0.037%
- $8.97
- Slippage, 4 orders
- −$32.54
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$42.57
- Costs to cover
- 0.515%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Hyperliquid: live order book, 3 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, 6 min ago | 1.71 bp | 8.5 bp −$9 | 19.1 bp −$191 | 50.0 bp −$4,997 | 208.1 bp −$104.0K |
| Sell Hyperliquid live order book, 3 min ago | 2.05 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
ETC on 22 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 ETC/USDC PERP | −0.0037% | 1h | 8.7920 | +0.023% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7892 | −0.009% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7830 | −0.080% | $498 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7792 | −0.123% | — | — | 150x | as long as short |
| Hyperliquid ETCshort | +0.0100% | 1h | 8.8011 | +0.126% | $2.2M | $422K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.7855 | −0.052% | $983K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7950 | +0.057% | $26.3M | $70.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7860 | −0.046% | $12.9M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7900 | 0.000% | $8.7M | $16.3M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7900 | 0.000% | $3.5M | $2.4M | 60x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.7930 | +0.034% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7880 | −0.023% | $2.8M | $695K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7914 | +0.016% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDTlong | +0.0100% | 8h | 8.7900 | long leg | — | $20.6M | — | |
| Variational Omni ETC | +0.0100% | 8h | 8.7635 | −0.301% | $124K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7820 | −0.091% | $152 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7803 | −0.110% | $131K | $272K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7810 | −0.102% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7932 | +0.036% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.7831 | −0.079% | $1.9M | $674K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7740 | −0.182% | $1.4M | $215K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8200 | +0.341% | $35K | $13K | 50x | as long as short |
BingX ETC-USDT
Hyperliquid ETC
Injective ETC/USDC PERP
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX