资金费率套利 · 价差套利 / 加密货币

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做多Hyperliquid▾Perpl −0.0447%Hibachi −0.0312%HTX −0.0101%Phemex −0.0071%Bullet −0.0045%N1 −0.0024%Gate −0.0020%Phoenix −0.0012%Kalshi 0.0000%Deribit 0.0000%KuCoin +0.0014%SunX +0.0014%Bybit +0.0028%Aevo +0.0032%Injective +0.0033%MEXC +0.0034%Binance +0.0035%Aster +0.0057%gTrade (Gains Network) +0.0066%GMX +0.0067%Variational Omni +0.0069%Avantis +0.0072%OKX +0.0075%Lighter RH +0.0088%Paradex +0.0095%Lighter +0.0096%Popdex +0.0096%Kraken Futures +0.0097%Katana Perps +0.0100%Nado +0.0100%Hyperliquid +0.0100%Pacifica +0.0100%Ondo Perps +0.0100%Bulk +0.0100%Bitget +0.0100%BingX +0.0100%Backpack +0.0100%edgeX +0.0100%GRVT +0.0100%ApeX Omni +0.0100%StandX +0.0100%Vest Markets +0.0100%Polymarket Perps +0.0100%Reya +0.0100%Bluefin +0.0100%SoDEX +0.0100%Arcus +0.0102%Extended +0.0104%Jupiter Perps +0.0104%BloFin +0.0140%RISEx +0.0172%Orderly +0.0236%dYdX +0.0375%Aftermath Perps +0.0383%Coinbase International +0.0592%

⇄⇅

做空Derive▾Coinbase International +0.0592%Aftermath Perps +0.0383%dYdX +0.0375%Orderly +0.0236%RISEx +0.0172%BloFin +0.0140%Extended +0.0104%Arcus +0.0102%Pacifica +0.0100%Ondo Perps +0.0100%Bulk +0.0100%Bitget +0.0100%BingX +0.0100%Backpack +0.0100%edgeX +0.0100%GRVT +0.0100%ApeX Omni +0.0100%StandX +0.0100%Vest Markets +0.0100%Polymarket Perps +0.0100%Reya +0.0100%Bluefin +0.0100%SoDEX +0.0100%Nado +0.0100%Katana Perps +0.0100%Kraken Futures +0.0097%Popdex +0.0096%Lighter +0.0096%Paradex +0.0095%Lighter RH +0.0088%OKX +0.0075%Avantis −0.0072%Variational Omni +0.0069%Aster +0.0057%GMX −0.0036%Binance +0.0035%MEXC +0.0034%Injective +0.0033%Aevo +0.0032%Bybit +0.0028%gTrade (Gains Network) −0.0021%SunX +0.0014%KuCoin +0.0014%Kalshi 0.0000%Deribit 0.0000%Phoenix −0.0012%Gate −0.0020%N1 −0.0024%Bullet −0.0045%Jupiter Perps +0.0048%Phemex −0.0071%HTX −0.0101%Hibachi −0.0312%Derive −0.0369%Perpl −0.0447%

回测 30 天☆

腿	交易所	价格	费率 /8h	每次结算	距下次结算	OI	24h 成交量	杠杆
做多	HyperliquidETH	2,696.7	+0.0100	支付 0.0013% / 1h	50m 47s	$3.18B	$1.09B	25x	做多 Hyperliquid减 4%
做空	DeriveETH-PERP	2,691.2	−0.0369	支付 0.0046% / 1h	50m 47s	$42.3M	$49.6M	15x	做空 Derive

价差−0.205%57s

资金费率差−0.0469% /8h

目前两边都对这个方向不利：$10k 仓位每天要支付 $14 资金费，价差比其 7 日均值低 0.191%。对调两条腿。

当前资金费率远低于该组合一直以来的实际水平：过去 7 天 合计结算 −0.010%，平均约 −0.0005%/8h。

价格与资金费率

开仓 / 平仓价差价格资金费率各腿费率盈亏

1m5m15m1h

1h · 历史数据

24H3D7D14D30D90D

开仓 / 平仓?

价差?

价格?

资金费率?每 8 小时

开仓 / 平仓 · 7D

当前开仓—

开仓均值—

最佳开仓—

当前平仓—

平仓均值—

最佳平仓—

免费平仓—

价差 · 7D

当前−0.205%

平均—

区间—

比当前更宽—

资金费率差 · 7D

平均 /8h—

最高—

最低—

收到资金费—

过去 7D 的价差分布▾

各水平所占的时间比例

所有交易所的资金费率

/8h

24H3D7D14D30D90D

HyperliquidDerive

56 家交易所的 ETH

资金费率从低到高

开仓前检查

3 项正常 · 2 项需留意

• i
  说明: 订单簿未知—

  Derive 没有订单簿样本：未计入其滑点。
• i
  说明: 最高杠杆下的保证金$400 + $660

  Hyperliquid 25x，Derive 15x。建议准备约 2 倍的保证金，以免行情剧烈波动时其中一条腿被强平。
• ✓
  正常: 结算周期相同1h / 1h

  两条腿同时结算。

  做多 Hyperliquid · 1h−$3.00

  做空 Derive · 1h−$11.06

  当前+6h+12h+18h+24h

  按当前费率，每条腿 $10k，未来 24 小时：−$14.06做多 Hyperliquid：24 次结算，−$3.00；做空 Derive：24 次结算，−$11.06。
• !
  需留意: 价格读取时间相差 57 秒−0.205% vs −0.014%

  这一价差中有一部分可能来自行情变动。
• !
  需留意: 空头腿深度较薄$42.3M vs $3.18B OI

  平仓成本取决于 Derive。平仓前请先查看其订单簿。
• ✓
  正常: 有一条腿可赚积分Hyperliquid 第 2 季

  在此产生的成交量计入积分计划。
• ✓
  正常: 两条腿均无需 KYCHyperliquid 无需 · Derive 无需

  两家交易所均无需身份验证即可交易。

收益计算器

两条腿，含开仓和平仓

每条腿仓位

$10k$100k$1M

持有时间

1 天7 天30 天

订单类型

吃单挂单

价差

回到 7 日均值归零未计入

资金费率

区间均值当前

资金费收益−0.0005%/8h × 21 个周期−$1.02

价差两个价格读取时间相差过大，无法比较—

滑点，4 笔订单Derive 无数据—

Hyperliquid 手续费 bp × 2 笔订单−$9.00

Derive 手续费 bp × 2 笔订单−$6.00

净收益（仅扣手续费） · 7 天 · $10k−$16.02

未计入价差：两个价格读取时间相差过大

需覆盖的成本0.150%回本时间按此费率无法回本

滑点：Hyperliquid：实时订单簿，10 分钟前；Derive：没有订单簿样本

开仓成本

吃单手续费 + 相对中间价的滑点，单边

腿½ 价差$10k$100k$1M$5M

买入 · 做多Hyperliquid0.195.6 bp−$65.8 bp−$586.2 bp−$6248.1 bp−$4,051

卖出 · 做空Derive—————

平仓还需再付大致相同的成本。
Derive：无数据。

提醒

资金费率价差

高于该值时提醒我%/8h提醒间隔不短于分钟

创建提醒

ETH 资讯

各交易所提到 ETH 的公告搜索全部资讯 →

09-30 18:40	Hotstuff	上线	交易所已不再提供 ETH-PERP 的数据 ($ETH) 由我们的采集程序发现
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