Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX−0.140%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$700.699% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.650%+$65 · spread now −0.140%, 7d avg −0.036%
=Together, before fees+0.648%+ Points / potential airdropHyperliquid: Season 2 · farm board+$65 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.104% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PEOPLE-USDT | 0.009313 | 0.0100 | pay 0.0100% / 8h | 7h 46m | — | $10.7M | — |
| Short | Hyperliquid PEOPLE | 0.009300 | 0.0100 | get 0.0013% / 1h | 46m 27s | $436K | $343K | 3x |
BingX PEOPLE-USDT
Hyperliquid PEOPLEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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: −0.140% → −0.036%
- −$10.39
- Slippage, 4 orders
- −$50.88
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$80.27
- Costs to cover
- 0.699%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Hyperliquid: live order book, 64 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 BingX live order book, 7 min ago | 4.84 bp | 16.2 bp −$16 | 47.3 bp −$473 | 404.5 bp −$40.5K | 480.7 bp −$240.4K |
| Sell Hyperliquid live order book, 64 min ago | 1.60 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
PEOPLE 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_PEOPLEUSD | −0.1135% | 1h | 0.009296 | −0.183% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0035% | 8h | 0.009328 | +0.161% | $6K | $5K | — | as long as short |
| MEXC PEOPLE_USDT | +0.0064% | 8h | 0.009295 | −0.193% | $702K | $322K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0066% | 8h | 0.009294 | −0.204% | $3.4M | $9.5M | 20x | as long as short |
| BloFin PEOPLE-USDT | +0.0077% | 8h | 0.009304 | −0.097% | $352K | $111K | 50x | as long as short |
| Hyperliquid PEOPLEshort | +0.0100% | 1h | 0.009300 | −0.140% | $436K | $343K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009304 | −0.094% | $11K | $95K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009302 | −0.119% | $5.7M | $18.5M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009292 | −0.225% | $1.7M | $2.8M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009312 | −0.011% | $786K | $1.6M | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
BloFin PEOPLE-USDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
Gate PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009302 | −0.118% | $670K | $165K | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009304 | −0.097% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDTlong | +0.0100% | 8h | 0.009313 | long leg | — | $10.7M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009294 | −0.204% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009302 | −0.122% | $187 | — | 5x | as long as short |
KuCoin PEOPLEUSDTM
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
Extended PEOPLE-USD