Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid−0.207%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$850.854% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.310%+$31 · spread now −0.207%, 7d avg +0.048%
=Together, before fees+0.308%+ Points / potential airdropHyperliquid: Season 2 · farm board+$31 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 0.255% cheaper against Hyperliquid than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid TRB | 19.303 | 0.0100 | pay 0.0013% / 1h | 29m 42s | $499K | $243K | 3x |
| Short | Bitget TRBUSDT | 19.263 | 0.0100 | get 0.0050% / 4h | 2h 29m | $1.4M | $1.4M | 50x |
Hyperliquid TRB
Bitget TRBUSDTFunding 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: −0.207% → +0.048%
- −$25.55
- Slippage, 4 orders
- −$64.44
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$110.99
- Costs to cover
- 0.854%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 20 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, 20 min ago | 0.78 bp | 18.1 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 6.74 bp | 20.2 bp −$20 | 54.9 bp −$549 | doesn't fit | doesn't fit |
TRB on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRBlong | +0.0100% | 1h | 19.303 | long leg | $499K | $243K | 3x | |
| Aster TRBUSDT | +0.0100% | 4h | 19.267 | −0.185% | $9K | $20K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.289 | −0.073% | $5.1M | $10.4M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.313 | +0.052% | $6.4M | $2.0M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.300 | −0.016% | $4.4M | $4.9M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.285 | −0.093% | $15.1M | $1.0M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.301 | −0.010% | $1.2M | $302K | 50x | as long as short |
| Bitget TRBUSDTshort | +0.0100% | 4h | 19.263 | −0.207% | $1.4M | $1.4M | 50x | |
| BingX TRB-USDT | +0.0100% | 4h | 19.291 | −0.062% | — | $16.3M | — | as long as short |
| Variational Omni TRB | +0.0401% | 4h | 19.311 | +0.041% | $15K | $4K | — | as long as short |
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
BingX TRB-USDT
Variational Omni TRBShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRB_USDT | +0.1012% | 4h | 19.300 | −0.016% | $610K | $1.7M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1458% | 1h | 19.320 | +0.087% | $103K | $99K | 10x | as long as short |
Gate TRB_USDT
Kraken Futures PF_TRBUSD