Funding you earn now, next payment 20:00 UTC−0.0210%/8hpaid last 24h −0.004%
Price spread now: BingX against Hyperliquid−0.337%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$890.887% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days+0.203%+$20 · spread now −0.337%, 7d avg −0.155%
=Together, before fees+0.196%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BingX is 0.182% cheaper against Hyperliquid than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.155%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid KAS | 0.04338 | 0.0310 | pay 0.0039% / 1h | 15m 04s | $2.8M | $856K | 3x |
| Short | BingX KAS-USDT | 0.04323 | 0.0100 | get 0.0050% / 4h | 15m 04s | — | $69.3M | — |
Hyperliquid KAS
BingX KAS-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
- −$44.11
- Price spread: −0.337% → −0.155%
- −$18.16
- Slippage, 4 orders
- −$69.67
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$150.94
- Costs to cover
- 0.887%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, just now; BingX: live order book, 18 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, just now | 4.03 bp | 18.6 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 18 min ago | 1.15 bp | 14.7 bp −$15 | 37.3 bp −$373 | 255.5 bp −$25.5K | 500.9 bp −$250.5K |
KAS on 15 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_KASUSD | −0.0296% | 1h | 0.04324 | −0.313% | $278K | $407K | 20x | as long as short |
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0009% | 1h | 0.04324 | −0.315% | $14K | — | 150x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04328 | −0.222% | $258K | $190K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04327 | −0.242% | $4.0M | $9.6M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04322 | −0.360% | $10.6M | $6.0M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04322 | −0.360% | $2.1M | $1.4M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04331 | −0.152% | $26.6M | $3.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04327 | −0.235% | $4.1M | $6.7M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04324 | −0.314% | $11.9M | $2.6M | 50x | as long as short |
| BingX KAS-USDTshort | +0.0100% | 4h | 0.04323 | −0.337% | — | $69.3M | — |
Kraken Futures PF_KASUSD
gTrade (Gains Network) KAS/USD
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04326 | −0.275% | $28K | $17K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0107% / S +0.0169% | 1h | 0.04324 | −0.302% | $21K | — | 100x | as long as short |
| Injective KAS/USDC PERP | +0.0121% | 1h | 0.04272 | −1.512% | $44 | $61K | 5.5x | as long as short |
| Hyperliquid KASlong | +0.0310% | 1h | 0.04338 | long leg | $2.8M | $856K | 3x | |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04335 | −0.060% | $391K | $198K | 75x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
Injective KAS/USDC PERP
BloFin KAS-USDT