Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bitget+0.109%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1211.210% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.260%+$26 · spread now +0.109%, 7d avg +0.106%
=Together, before fees+0.260%+ Points / potential airdropHyperliquid: Season 2 · farm board+$26 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LAYERUSDT | 0.07614 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $1.1M | $163K | 50x |
| Short | Hyperliquid LAYER | 0.07622 | 0.0100 | get 0.0013% / 1h | 29m 48s | $586K | $169K | 3x |
Bitget LAYERUSDT
Hyperliquid LAYERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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: +0.109% → +0.106%
- $0.29
- Slippage, 4 orders
- −$100.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$120.71
- Costs to cover
- 1.210%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Hyperliquid: live order book, 15 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 Bitget live order book, 2 min ago | 2.63 bp | 32.0 bp −$32 | 185.4 bp −$1,854 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 15 min ago | 0.92 bp | 31.3 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
LAYER 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_LAYERUSD | −0.0495% | 1h | 0.07617 | +0.037% | $8K | $964 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −4.465% | — | $18K | 5.5x | as long as short |
| Hyperliquid LAYERshort | +0.0100% | 1h | 0.07622 | +0.109% | $586K | $169K | 3x | |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07615 | +0.019% | $9K | $2K | 5x | as long as short |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07620 | +0.078% | $2.1M | $2.3M | 50x | as long as short |
| OKX LAYER-USDT-SWAP | +0.0100% | 4h | 0.07612 | −0.026% | $701K | $666K | 20x | as long as short |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07616 | +0.026% | $136K | $55K | 20x | as long as short |
| MEXC LAYER_USDT | +0.0100% | 4h | 0.07609 | −0.066% | $352K | $114K | 20x | as long as short |
| Bitget LAYERUSDTlong | +0.0100% | 4h | 0.07614 | long leg | $1.1M | $163K | 50x | |
| BingX LAYER-USDT | +0.0100% | 4h | 0.07620 | +0.079% | — | $1.6M | — | as long as short |
Kraken Futures PF_LAYERUSD
Injective LAYER/USDC PERP
Aster LAYERUSDT
Binance LAYERUSDT
OKX LAYER-USDT-SWAP
Gate LAYER_USDT
MEXC LAYER_USDT
BingX LAYER-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07600 | −0.184% | $25K | $190K | 50x | as long as short |
| Extended LAYER-USD | +0.0104% | 1h | 0.07611 | −0.041% | $2K | $174K | 5x | as long as short |
| BloFin LAYER-USDT | +0.0135% | 4h | 0.07613 | −0.013% | $114K | $12K | 50x | as long as short |
ApeX Omni LAYERUSDT
Extended LAYER-USD
BloFin LAYER-USDT