Funding you earn now, next payment 03:00 UTC+0.0144%/8h= +15.8% APRpaid last 24h +0.006%
Price spread now: Hyperliquid against Bitget+0.071%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.286%−$29 · spread now +0.071%, 7d avg +0.022%
=Together, before fees−0.280%+ Points / potential airdropHyperliquid: Season 2 · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.049% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SUSHIUSDT | 0.2537 | −0.0044 | get 0.0044% / 8h | 5h 40m | $1.0M | $699K | 50x |
| Short | Hyperliquid SUSHI | 0.2539 | 0.0100 | get 0.0013% / 1h | 40m 38s | $358K | $340K | 3x |
Bitget SUSHIUSDT
Hyperliquid SUSHIFunding 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
- $30.24
- Price spread: +0.071% → +0.022%
- $4.9
- Slippage, 4 orders
- −$44.89
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$30.75
- Costs to cover
- 0.659%
- Break-even
- 14.1 days
Slippage from Bitget: live order book, just now; Hyperliquid: live order book, 59 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, just now | 5.92 bp | 17.4 bp −$17 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 59 min ago | 3.76 bp | 19.3 bp −$19 | 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 SUSHIUSDTlong | −0.0044% | 8h | 0.2537 | long leg | $1.0M | $699K | 50x | |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | +0.315% | $16 | $18K | 5.5x | as long as short |
| Variational Omni SUSHI | +0.0066% | 8h | 0.2535 | −0.098% | $41K | $13K | — | as long as short |
| Hyperliquid SUSHIshort | +0.0100% | 1h | 0.2539 | +0.071% | $358K | $340K | 3x | |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2539 | +0.081% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2538 | +0.043% | $3.9M | $9.0M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2537 | 0.000% | $2.6M | $2.4M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2540 | +0.118% | $1.6M | $3.2M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2540 | +0.118% | $559K | $253K | 50x | as long as short |
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2538 | +0.039% | $1.2M | $270K | 75x | as long as short |
Injective SUSHI/USDC PERP
Variational Omni SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDT
MEXC SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2539 | +0.079% | $1.2M | $221K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2540 | +0.118% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2545 | +0.315% | $87K | $48K | 75x | as long as short |
| BloFin SUSHI-USDT | +0.0102% | 8h | 0.2543 | +0.236% | $216K | $40K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0225% | 1h | 0.2539 | +0.077% | $764K | $65K | 20x | as long as short |
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT
BloFin SUSHI-USDT
Kraken Futures PF_SUSHIUSD