Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid−0.077%7-day average −0.059% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.077%, 7d avg −0.059%
=Together, before fees−0.016%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid INIT | 0.08261 | 0.0100 | pay 0.0013% / 1h | 55m 33s | $299K | $234K | 3x |
| Short | BingX INIT-USDT | 0.08255 | 0.0100 | get 0.0050% / 4h | 2h 55m | — | $6.6M | — |
Hyperliquid INIT
BingX INIT-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: −0.077% → −0.059%
- −$1.88
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$20.88
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 54 min ago; BingX: live order book, 11 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 Hyperliquid live order book, 54 min ago | 6.83 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 6.61 bp | 26.8 bp −$27 | 79.5 bp −$795 | 540.0 bp −$54.0K | 863.8 bp −$431.9K |
INIT on 13 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_INITUSD | +0.0034% | 1h | 0.08266 | +0.059% | $5K | $17K | 10x | as long as short |
| BloFin INIT-USDT | +0.0086% | 4h | 0.08298 | +0.443% | $154K | $112K | 25x | as long as short |
| Hyperliquid INITlong | +0.0100% | 1h | 0.08261 | long leg | $299K | $234K | 3x | |
| Aster INITUSDT | +0.0100% | 4h | 0.08267 | +0.064% | $27K | $37K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08268 | +0.077% | $3.4M | $3.6M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08253 | −0.102% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08261 | −0.005% | $137K | $645K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08271 | +0.116% | $84K | $55K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08263 | +0.019% | $449K | $210K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08272 | +0.128% | $329K | $54K | 25x | as long as short |
Kraken Futures PF_INITUSD
BloFin INIT-USDT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INITUSDT | +0.0100% | 4h | 0.08264 | +0.031% | $429K | $303K | 25x | as long as short |
| BingX INIT-USDTshort | +0.0100% | 4h | 0.08255 | −0.077% | — | $6.6M | — | |
| Variational Omni INIT | +0.0100% | 4h | 0.08251 | −0.123% | $26K | $23K | — | as long as short |
Bitget INITUSDT
Variational Omni INIT