Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid−0.027%7-day average −0.046% · 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)−0.171%−$17 · spread now −0.027%, 7d avg −0.046%
=Together, before fees−0.171%+ Points / potential airdropHyperliquid: Season 2 · farm board−$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid INIT | 0.08287 | 0.0100 | pay 0.0013% / 1h | 56m 07s | $306K | $230K | 3x |
| Short | Bitget INITUSDT | 0.08285 | 0.0100 | get 0.0050% / 4h | 56m 07s | $430K | $308K | 25x |
Hyperliquid INIT
Bitget INITUSDTFunding 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: −0.027% → −0.046%
- $1.92
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$19.08
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 33 min ago; Bitget: live order book, 60 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, 33 min ago | 8.35 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 60 min ago | 13.90 bp | 52.6 bp −$53 | 316.8 bp −$3,168 | doesn't fit | doesn't fit |
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 | −0.5668% | 1h | 0.08232 | −0.663% | $3K | $19K | 10x | as long as short |
| Hyperliquid INITlong | +0.0100% | 1h | 0.08287 | long leg | $306K | $230K | 3x | |
| Aster INITUSDT | +0.0100% | 4h | 0.08280 | −0.088% | $27K | $39K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08293 | +0.070% | $3.4M | $3.7M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08274 | −0.159% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08291 | +0.046% | $137K | $663K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08270 | −0.208% | $84K | $56K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08291 | +0.046% | $449K | $209K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08275 | −0.147% | $326K | $56K | 25x | as long as short |
| Bitget INITUSDTshort | +0.0100% | 4h | 0.08285 | −0.027% | $430K | $308K | 25x |
Kraken Futures PF_INITUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08284 | −0.039% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08219 | −0.819% | $26K | $23K | — | as long as short |
| BloFin INIT-USDT | +0.0105% | 4h | 0.08277 | −0.123% | $153K | $112K | 25x | as long as short |
BingX INIT-USDT
Variational Omni INIT
BloFin INIT-USDT