Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.032%
Price spread now: Bitget against Hyperliquid−0.020%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now −0.020%, 7d avg −0.119%
=Together, before fees−0.217%+ Points / potential airdropHyperliquid: Season 2 · farm board−$22 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: Bitget is 0.099% dearer against Hyperliquid than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.119%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid FIL | 1.0017 | 0.0100 | pay 0.0013% / 1h | 1m 53s | $8.5M | $9.4M | 5x |
| Short | Bitget FILUSDT | 1.0015 | 0.0100 | get 0.0100% / 8h | 4h 01m | $11.2M | $20.4M | 75x |
Hyperliquid FIL
Bitget FILUSDTFunding 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
- $0
- Price spread: −0.020% → −0.119%
- $9.87
- Slippage, 4 orders
- −$21.37
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$32.5
- Costs to cover
- 0.424%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Bitget: live order book, 2 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, 11 min ago | 0.45 bp | 7.6 bp −$8 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.00 bp | 10.9 bp −$11 | 22.0 bp −$220 | 52.2 bp −$5,218 | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0449% | 1h | 1.0010 | −0.070% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0208% | 1h | 1.0005 | −0.120% | $366K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0028% | 8h | 1.0014 | −0.030% | $18.5M | $105.5M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0005 | −0.116% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9998 | −0.189% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0008% | 8h | 1.0011 | −0.060% | $7.3M | $7.6M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.617% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 1.0012 | −0.049% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0003 | −0.136% | $154K | $365K | 5x | as long as short |
| Hyperliquid FILlong | +0.0100% | 1h | 1.0017 | long leg | $8.5M | $9.4M | 5x |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTM
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Lighter FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 1.0010 | −0.065% | $514K | $610K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 1.0012 | −0.046% | $57.6M | $183.6M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0014 | −0.030% | $15.8M | $20.1M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0010 | −0.070% | $8.5M | $16.8M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 1.0008 | −0.090% | $243K | $105K | 50x | as long as short |
| Bitget FILUSDTshort | +0.0100% | 8h | 1.0015 | −0.020% | $11.2M | $20.4M | 75x | |
| BingX FIL-USDC | +0.0100% | 8h | 1.0012 | −0.050% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9951 | −0.661% | $448K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9959 | −0.580% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9957 | −0.594% | $289K | $1.0M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9970 | −0.469% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0013 | −0.041% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0000 | −0.170% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0006 | −0.110% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0010 | −0.070% | $625K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0000 | −0.170% | $1.2M | $2.5M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 1.0003 | −0.139% | $707K | $3.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9957 | −0.599% | $2.7M | $664K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 1.0006 | −0.113% | $267K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]