Funding you earn now, next payment 00:00 UTC−0.0124%/8h= −13.5% APRpaid last 24h −0.073%
Price spread now: BingX against Hyperliquid−0.064%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$420.417% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.064%, 7d avg −0.092%
=Together, before fees−0.058%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.028% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.064% now, against its 7-day average of −0.092%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.111% in total) that is about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid FET | 0.2038 | 0.0411 | pay 0.0051% / 1h | 5m 54s | $9.0M | $8.0M | 5x |
| Short | BingX FET-USDT | 0.2037 | 0.0287 | get 0.0287% / 8h | 5m 54s | — | $5.7M | — |
Hyperliquid FET
BingX FET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$25.97
- Price spread: −0.064% → −0.092%
- $2.79
- Slippage, 4 orders
- −$22.75
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$64.93
- Costs to cover
- 0.417%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; BingX: live order book, 4 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, 6 min ago | 0.98 bp | 9.0 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.88 bp | 12.1 bp −$12 | 15.9 bp −$159 | 49.5 bp −$4,952 | 395.3 bp −$197.7K |
FET on 20 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 FET_USDC-PERPETUAL | −0.2693% | 1h | 0.2033 | −0.260% | $29K | $201K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0728% | 1h | 0.2043 | +0.231% | $152K | $207K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0478% | 1h | 0.2038 | −0.003% | $995K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2033 | −0.278% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.388% | $3K | $166K | 12x | as long as short |
| Gate FET_USDT | +0.0055% | 8h | 0.2034 | −0.211% | $2.8M | $12.2M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2037 | −0.049% | $338K | $544K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2036 | −0.113% | $31.8M | $109.3M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2034 | −0.211% | $34.3M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2037 | −0.064% | $10.8M | $19.2M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2033 | −0.249% | $358K | $399K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2033 | −0.260% | $38K | $6K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2037 | −0.080% | $33K | $191K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2032 | −0.307% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2039 | +0.034% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDTshort | +0.0287% | 8h | 0.2037 | −0.064% | — | $5.7M | — | |
| OKX FET-USDT-SWAP | +0.0291% | 4h | 0.2039 | +0.034% | $994K | $7.9M | 20x | as long as short |
| Bitget FETUSDT | +0.0298% | 8h | 0.2039 | +0.034% | $16.4M | $11.5M | 75x | as long as short |
| Hyperliquid FETlong | +0.0411% | 1h | 0.2038 | long leg | $9.0M | $8.0M | 5x | |
| Phoenix FET | +0.0508% | 1h | 0.2047 | +0.451% | $36K | $45K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
Bitget FETUSDT
Phoenix FET