Funding you earn now, next payment 00:00 UTC+0.0480%/8h= +52.5% APRpaid last 24h +0.044%
Price spread now: Hyperliquid against Bitget+0.120%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now +0.120%, 7d avg +0.065%
=Together, before fees−0.058%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Hyperliquid is 0.054% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.065%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XLMUSDT | 0.2175 | 0.0100 | pay 0.0100% / 8h | 51m 12s | $25.9M | $19.3M | 75x |
| Short | Hyperliquid XLM | 0.2178 | 0.0580 | get 0.0072% / 1h | 51m 12s | $12.4M | $6.1M | 5x |
Bitget XLMUSDT
Hyperliquid XLMFunding 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
- $100.76
- Price spread: +0.120% → +0.065%
- $5.43
- Slippage, 4 orders
- −$9.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $75.83
- Costs to cover
- 0.304%
- Break-even
- 1.7 days
Slippage from Bitget: live order book, 3 min ago; Hyperliquid: live order book, 11 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, 3 min ago | 0.23 bp | 9.8 bp −$10 | 15.9 bp −$159 | 37.4 bp −$3,741 | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 1.62 bp | 6.1 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
XLM on 31 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 XLM/USDC PERP | −0.5000% | 1h | 0.2046 | −5.940% | $6K | $238K | 12x | as long as short |
| dYdX XLM-USD | 0.0000% | 1h | 0.2176 | +0.025% | $24K | $3K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2175 | −0.028% | $4K | — | 150x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2175 | −0.013% | $583K | $785K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2173 | −0.087% | $56.3M | $151.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2172 | −0.129% | $44.2M | $44.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2172 | −0.124% | $13.2M | $42.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2176 | +0.046% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2176 | +0.041% | $26.0M | $25.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2175 | +0.014% | $14.6M | $10.7M | 75x | as long as short |
Injective XLM/USDC PERP
dYdX XLM-USD
gTrade (Gains Network) XLM/USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDTlong | +0.0100% | 8h | 0.2175 | long leg | $25.9M | $19.3M | 75x | |
| BingX XLM-USDT | +0.0100% | 8h | 0.2175 | 0.000% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2164 | −0.505% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2170 | −0.231% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2175 | −0.015% | $602K | $633K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2178 | +0.124% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2176 | +0.037% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2171 | −0.207% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2174 | −0.055% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2174 | −0.055% | $200K | $261K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2173 | −0.101% | $9.1M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2175 | −0.030% | $194K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0162% | 1h | 0.2176 | +0.028% | $98K | $268K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2174 | −0.055% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2175 | +0.014% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0317% / S −0.0167% | 1h | 0.2174 | −0.058% | $45K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0410% | 1h | 0.2173 | −0.079% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2176 | +0.037% | $235K | $1.5M | 50x | as long as short |
| Lighter XLM | +0.0576% | 1h | 0.2177 | +0.078% | $421K | $809K | 5x | as long as short |
| Hyperliquid XLMshort | +0.0580% | 1h | 0.2178 | +0.120% | $12.4M | $6.1M | 5x | |
| Deribit XLM_USDC-PERPETUAL | +0.0670% | 1h | 0.2177 | +0.078% | $540K | $160K | 25x | as long as short |
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
Lighter XLM
Deribit XLM_USDC-PERPETUAL