Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX−0.073%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1331.326% of the position
Funding, last 7 days−0.115%−$12 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.073%, 7d avg +0.013%
=Together, before fees+0.032%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 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 0.086% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX USUAL-USDT | 0.01368 | 0.0100 | pay 0.0050% / 4h | 55m 19s | — | $1.2M | — |
| Short | Hyperliquid USUAL | 0.01367 | 0.0100 | get 0.0013% / 1h | 55m 19s | $393K | $222K | 3x |
BingX USUAL-USDT
Hyperliquid USUALFunding 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: −0.073% → +0.013%
- −$8.58
- Slippage, 4 orders
- −$113.56
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$141.13
- Costs to cover
- 1.326%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Hyperliquid: live order book, 5 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, 14 min ago | 4.40 bp | 18.7 bp −$19 | 103.4 bp −$1,034 | 522.1 bp −$52.2K | 723.8 bp −$361.9K |
| Sell Hyperliquid live order book, 5 min ago | 7.32 bp | 46.9 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
USUAL on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4582% | 1h | 0.01350 | −1.316% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0771% | 1h | 0.01365 | −0.189% | $111K | $18K | 10x | as long as short |
| Hyperliquid USUALshort | +0.0100% | 1h | 0.01367 | −0.073% | $393K | $222K | 3x | |
| Binance USUALUSDT | +0.0100% | 4h | 0.01366 | −0.145% | $2.1M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01368 | +0.037% | $1.0M | $825K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01368 | 0.000% | $913K | $202K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01366 | −0.132% | $6.0M | $245K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01370 | +0.146% | $281K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01368 | 0.000% | $825K | $455K | 50x | as long as short |
| BingX USUAL-USDTlong | +0.0100% | 4h | 0.01368 | long leg | — | $1.2M | — |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01368 | +0.023% | $9K | $208 | — | as long as short |
Variational Omni USUAL