Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid−0.130%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$740.735% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days−0.025%−$3 · spread now −0.130%, 7d avg −0.078%
=Together, before fees−0.029%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 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: Bitget is 0.051% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PYTH | 0.06401 | 0.0100 | pay 0.0013% / 1h | 20m 53s | $1.9M | $1.5M | 5x |
| Short | Bitget PYTHUSDT | 0.06393 | 0.0100 | get 0.0050% / 4h | 3h 20m | $2.6M | $2.1M | 75x |
Hyperliquid PYTH
Bitget PYTHUSDTFunding 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: −0.130% → −0.078%
- −$5.14
- Slippage, 4 orders
- −$52.53
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$78.67
- Costs to cover
- 0.735%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Bitget: live order book, 2 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, 10 min ago | 0.08 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.35 bp | 21.7 bp −$22 | 45.2 bp −$452 | doesn't fit | doesn't fit |
PYTH on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PYTH-USDT | −0.0169% | 4h | 0.06381 | −0.317% | $425K | $110K | 75x | as long as short |
| Binance PYTHUSDT | −0.0137% | 4h | 0.06394 | −0.114% | $9.2M | $17.5M | 75x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0136% | 1h | 0.06392 | −0.148% | $393K | $291K | 25x | as long as short |
| MEXC PYTH_USDT | −0.0130% | 4h | 0.06390 | −0.177% | $9.7M | $2.4M | 125x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06415 | +0.214% | $40K | $18K | 25x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06400 | −0.025% | $190K | $19 | 5x | as long as short |
| Aster PYTHUSDT | +0.0011% | 4h | 0.06388 | −0.204% | $22K | $44K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −2.207% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0048% | 1h | 0.06387 | −0.230% | $23K | — | 3x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0063% | 1h | 0.06393 | −0.130% | $10K | $10K | 10x | as long as short |
BloFin PYTH-USDT
Binance PYTHUSDT
Kraken Futures PF_PYTHUSD
MEXC PYTH_USDT
Coinbase International PYTH-PERP-INTX
dYdX PYTH-USD
Aster PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Deribit PYTH_USDC-PERPETUALShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06396 | −0.083% | $201K | $199K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06379 | −0.343% | $3K | — | 10x | as long as short |
| Hyperliquid PYTHlong | +0.0100% | 1h | 0.06401 | long leg | $1.9M | $1.5M | 5x | |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06397 | −0.067% | $7.6M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06397 | −0.067% | $2.1M | $3.4M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06397 | −0.067% | $1.1M | $472K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06398 | −0.052% | $1.5M | $325K | 50x | as long as short |
| Bitget PYTHUSDTshort | +0.0100% | 4h | 0.06393 | −0.130% | $2.6M | $2.1M | 75x | |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06395 | −0.098% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06388 | −0.209% | $39K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06387 | −0.220% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06384 | −0.266% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0926% | 1h | 0.06393 | −0.125% | $35K | $91K | 10x | as long as short |
Lighter PYTH
Paradex PYTH-USD-PERP
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP