Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid−0.024%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1071.071% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.024%, 7d avg −0.016%
=Together, before fees+0.033%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GMT | 0.008313 | 0.0100 | pay 0.0013% / 1h | 32m 38s | $122K | $123K | 3x |
| Short | BingX GMT-USDT | 0.008311 | 0.0100 | get 0.0050% / 4h | 2h 32m | — | $1.2M | — |
Hyperliquid GMT
BingX GMT-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
- $0
- Price spread: −0.024% → −0.016%
- −$0.8
- Slippage, 4 orders
- −$88.1
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$107.91
- Costs to cover
- 1.071%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 50 min ago; BingX: 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 Hyperliquid live order book, 50 min ago | 1.20 bp | 19.0 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.81 bp | 24.6 bp −$25 | 54.3 bp −$543 | 534.1 bp −$53.4K | 931.1 bp −$465.5K |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1132% | 1h | 0.008312 | −0.011% | $47K | $8K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0088% | 4h | 0.008300 | −0.156% | $257K | $99K | 50x | as long as short |
| Hyperliquid GMTlong | +0.0100% | 1h | 0.008313 | long leg | $122K | $123K | 3x | |
| Aster GMTUSDT | +0.0100% | 4h | 0.008311 | −0.030% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008310 | −0.031% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008310 | −0.036% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008313 | 0.000% | $343K | $552K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008320 | +0.084% | $149K | $102K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008310 | −0.036% | $411K | $181K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008307 | −0.072% | $668K | $405K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDTshort | +0.0100% | 4h | 0.008311 | −0.024% | — | $1.2M | — | |
| Variational Omni GMT | +0.0100% | 8h | 0.008305 | −0.094% | $3K | $5K | — | as long as short |
Variational Omni GMT