Funding you earn now, next payment 22:00 UTC+0.0082%/8h= +9.0% APRpaid last 24h +0.032%
Price spread now: Hyperliquid against Bitget+0.222%7-day average +0.126% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 7 days−0.173%−$17 · spread now +0.222%, 7d avg +0.126%
=Together, before fees−0.053%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.095% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.126%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ETHFIUSDT | 0.7170 | 0.0018 | pay 0.0009% / 4h | 2h 38m | $6.1M | $5.5M | 75x |
| Short | Hyperliquid ETHFI | 0.7186 | 0.0100 | get 0.0013% / 1h | 38m 16s | $19.4M | $7.6M | 5x |
Bitget ETHFIUSDT
Hyperliquid ETHFIFunding 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
- $17.22
- Price spread: +0.222% → +0.126%
- $9.55
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $5.77
- Costs to cover
- 0.210%
- Break-even
- 4.7 days
Slippage unknown: Bitget: live order book, 5 min ago; Hyperliquid: live order book, 5 min ago. 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 Bitget live order book, 5 min ago | 2.08 bp | 16.7 bp −$17 | 28.2 bp −$282 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 1.04 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0446% | 1h | 0.7181 | +0.153% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0212% | 1h | 0.7187 | +0.240% | $280K | $131K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0150% | 4h | 0.7177 | +0.098% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0016% | 4h | 0.7168 | −0.028% | $84K | $164K | 20x | as long as short |
| Bitget ETHFIUSDTlong | +0.0018% | 4h | 0.7170 | long leg | $6.1M | $5.5M | 75x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.976% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0045% | 8h | 0.7171 | +0.009% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | +0.0079% | 4h | 0.7192 | +0.307% | $1.0M | $714K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7175 | +0.073% | $1.1M | $889K | 5x | as long as short |
| Hyperliquid ETHFIshort | +0.0100% | 1h | 0.7186 | +0.222% | $19.4M | $7.6M | 5x |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Lighter ETHFIShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7181 | +0.155% | $183K | $248K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7172 | +0.030% | $25.3M | $35.7M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7174 | +0.056% | $18.4M | $12.4M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7181 | +0.153% | $4.9M | $12.0M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7178 | +0.112% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7174 | +0.056% | $15.5M | $3.7M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7173 | +0.042% | $1.2M | $268K | 50x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7182 | +0.167% | — | $25.8M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7193 | +0.321% | $57K | $81K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7183 | +0.181% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7177 | +0.092% | $100K | $488K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7175 | +0.067% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7207 | +0.516% | $32K | $8K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7159 | −0.153% | $1.3M | $293K | 75x | as long as short |
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT