Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX+0.083%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$760.764% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.083%, 7d avg +0.018%
=Together, before fees−0.146%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 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 0.065% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SUSHI-USDT | 0.2542 | 0.0100 | pay 0.0100% / 8h | 3h 55m | — | $2.5M | — |
| Short | Hyperliquid SUSHI | 0.2544 | 0.0100 | get 0.0013% / 1h | 55m 58s | $356K | $337K | 3x |
Funding 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: +0.083% → +0.018%
- $6.48
- Slippage, 4 orders
- −$57.36
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$69.88
- Costs to cover
- 0.764%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Hyperliquid: live order book, 24 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, 4 min ago | 5.90 bp | 22.3 bp −$22 | 47.3 bp −$473 | 675.6 bp −$67.6K | 1262.4 bp −$631.2K |
| Sell Hyperliquid live order book, 24 min ago | 2.36 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
SUSHI 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SUSHIUSDT | −0.0091% | 8h | 0.2542 | 0.000% | $1.0M | $714K | 50x | as long as short |
| Variational Omni SUSHI | +0.0010% | 8h | 0.2543 | +0.022% | $41K | $7K | — | as long as short |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | +0.118% | $16 | $18K | 5.5x | as long as short |
| BloFin SUSHI-USDT | +0.0091% | 8h | 0.2546 | +0.157% | $213K | $38K | 75x | as long as short |
| Hyperliquid SUSHIshort | +0.0100% | 1h | 0.2544 | +0.083% | $356K | $337K | 3x | |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2546 | +0.160% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2543 | +0.039% | $3.9M | $9.1M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2543 | +0.039% | $2.6M | $2.6M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2544 | +0.079% | $1.6M | $3.3M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2545 | +0.118% | $564K | $221K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2541 | −0.039% | $1.2M | $265K | 75x | as long as short |
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2543 | +0.039% | $1.2M | $233K | 50x | as long as short |
| BingX SUSHI-USDTlong | +0.0100% | 8h | 0.2542 | long leg | — | $2.5M | — | |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2545 | +0.118% | $85K | $74K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0313% | 1h | 0.2547 | +0.192% | $767K | $61K | 20x | as long as short |
BingX SUSHI-USDT
Hyperliquid SUSHI
Bitget SUSHIUSDT
Variational Omni SUSHI
Injective SUSHI/USDC PERP
BloFin SUSHI-USDT
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDT
MEXC SUSHI_USDT
KuCoin SUSHIUSDTM
HTX SUSHI-USDT
Kraken Futures PF_SUSHIUSD