Settings8H · net · $10k
Funding arb · Price arb /

STABLE

all STABLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Bitget against Hyperliquid+0.008%7-day average +0.028% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.290%+$29 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.008%, 7d avg +0.028%
Together, before fees+0.318%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid STABLE0.024870.0100pay 0.0013% / 1h54m 53s$877K$210K3x
ShortBitget STABLEUSDT0.024870.0100get 0.0050% / 4h2h 54m$291K$96K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.008% → +0.028%
−$1.96
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$22.96
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 65 min ago; Bitget: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 65 min ago2.58 bp24.9 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago4.01 bp63.4 bp −$63167.1 bp −$1,671doesn't fitdoesn't fit

STABLE on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter STABLE+0.0096%1h0.02499+0.511%$115K$8K3xas long as short
Hyperliquid STABLElong+0.0100%1h0.02487long leg$877K$210K3x
Aster STABLEUSDT+0.0100%4h0.02487+0.008%$19K$7K20xas long as short
Binance STABLEUSDT+0.0100%4h0.02485−0.086%$2.5M$3.0M75xas long as short
Bybit STABLEUSDT+0.0100%4h0.02488+0.052%$1.5M$769K25xas long as short
OKX STABLE-USDT-SWAP+0.0100%4h0.02489+0.088%$201K$429K20xas long as short
Gate STABLE_USDT+0.0100%4h0.02488+0.048%$173K$69K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.02485−0.072%$612K$173K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02497+0.410%$185K$30K30xas long as short
Bitget STABLEUSDTshort+0.0100%4h0.02487+0.008%$291K$96K25x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STABLE-USDT+0.0100%4h0.02487+0.008%$6.6Mas long as short
Variational Omni STABLE+0.0100%4h0.02489+0.073%$146K$50Kas long as short
SunX STABLE-USDT+0.0100%4h0.02483−0.145%$2K$807K20xas long as short
Extended STABLE-USD+0.0104%1h0.02484−0.113%$13K$146K10xas long as short
BloFin STABLE-USDT+0.0111%4h0.02485−0.072%$116K$7K75xas long as short