Funding you earn now, next payment 22:00 UTC+0.0293%/8h= +32.1% APRpaid last 24h +0.234%
Price spread now: Hyperliquid against Bitget+0.165%7-day average +0.215% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$740.736% of the position
Funding, last 7 days+0.398%+$40 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.165%, 7d avg +0.215%
=Together, before fees+0.412%+ Points / potential airdropHyperliquid: Season 2 · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.050% cheaper against Bitget than usual: you would sell low and buy high (spread +0.165% now, against its 7-day average of +0.215%). If the spread goes back, that is −$5 on $10k: about 14 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKYUSDT | 0.07197 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $3.0M | $2.0M | 75x |
| Short | Hyperliquid SKY | 0.07209 | 0.0393 | get 0.0049% / 1h | 45m 38s | $3.0M | $905K | 3x |
Bitget SKYUSDT
Hyperliquid SKYFunding 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
- $61.57
- Price spread: +0.165% → +0.215%
- −$4.96
- Slippage, 4 orders
- −$52.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.02
- Costs to cover
- 0.736%
- Break-even
- 8.9 days
Slippage from Bitget: live order book, 2 min ago; Hyperliquid: live order book, 6 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 | 4.17 bp | 22.0 bp −$22 | 62.4 bp −$624 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 3.26 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
SKY on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0644% | 4h | 0.07190 | −0.097% | $207K | $94K | — | as long as short |
| Bybit SKYUSDT | −0.0324% | 4h | 0.07189 | −0.111% | $8.0M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07254 | +0.792% | $396 | $184K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07198 | +0.017% | $189K | $163K | 10x | as long as short |
| BloFin SKY-USDT | +0.0097% | 4h | 0.07194 | −0.042% | $610K | $609K | 75x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07198 | +0.021% | $71K | $26K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07199 | +0.033% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07198 | +0.007% | $16.6M | $9.5M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07191 | −0.083% | $875K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07186 | −0.153% | $617K | $253K | 50x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
Lighter SKY
BloFin SKY-USDT
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.07198 | +0.014% | $1.1M | $279K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07182 | −0.208% | $442K | $287K | 50x | as long as short |
| Bitget SKYUSDTlong | +0.0100% | 4h | 0.07197 | long leg | $3.0M | $2.0M | 75x | |
| BingX SKY-USDT | +0.0100% | 4h | 0.07191 | −0.083% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07202 | +0.069% | $20K | $683K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07200 | +0.040% | $698 | $2K | 10x | as long as short |
| Hyperliquid SKYshort | +0.0393% | 1h | 0.07209 | +0.165% | $3.0M | $905K | 3x | |
| GMX SKY/USD [ETH-USDC] | L +0.0534% / S −0.0248% | 1h | 0.07198 | +0.011% | $85K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]