Hyperliquid Funding Rate Arbitrage Calculator
Hyperliquid commonly presents hourly funding data. Select a 1-hour interval, or convert every exchange rate to the same 8-hour basis before comparing the spread.
FREE CRYPTO ARBITRAGE TOOL
Funding Rate Arbitrage Calculator
Estimate the funding income, APR and holding-period ROI of an equal-size Long and Short position. Test rates from Hyperliquid, MEXC, Bitunix or Binance, compare CoinGlass research, or evaluate a funding rate arbitrage strategy found on Reddit. Change any input and the results update instantly.
ESTIMATED RETURN
Your calculation
Net rate per settlement0.0200%Short rate − Long rate
Position per leg$60,000.00
Funding / settlement$12.00
Daily funding$36.00
Gross annual income$13,140.00
Gross annual ROI / APR65.70%
30-day gross funding$1,080.00
Estimated 4-order costs−$144.00
30-day net profit$936.00
30-day net ROI4.68%
Estimated break-even4.0 days
ROI uses total deposited capital across both exchanges. It assumes equal notional positions and an unchanged funding spread for the entire period.
HOW TO USE THE CALCULATOR
From two rates to a realistic ROI estimate
- 01
Enter the two funding rates
Use the predicted rate for the exchange you plan to Long and the exchange you plan to Short. Negative rates are supported. Keep both rates on the same hourly or 8-hour interval.
- 02
Match your real capital and leverage
Enter the total capital invested across both exchanges. The calculator splits it equally to create matching Long and Short notionals.
- 03
Include all four executions
Funding income must recover the cost of opening and closing both legs. Increase the fee and slippage estimate when liquidity is thin.
- 04
Validate the direction with FBR™
Compare the current direction with its rolling 90-day positive spread rate. A high APR without historical consistency can disappear before costs are recovered.
EXCHANGE · DATA · STRATEGY CALCULATIONS
Use the Funding Rate Arbitrage Calculator with different research sources
Whatever the source, put both funding rates on the same interval and verify the latest values directly on each exchange before entering a position.
MEXC Funding Rate Arbitrage Calculator
Enter the MEXC predicted funding rate on the correct Long or Short side and confirm the symbol's settlement interval before calculating ROI.
Bitunix Funding Rate Arbitrage Calculator
Compare a Bitunix funding rate with the matching perpetual contract on another exchange, using equal notionals and the same settlement interval.
Binance Funding Rate Arbitrage Calculator
Enter the Binance predicted rate on the correct side, then compare it with another exchange after normalizing both funding periods.
CoinGlass Funding Rate Arbitrage Calculator
CoinGlass can support cross-exchange research. Treat aggregator data as a starting point and confirm the rate, symbol and settlement time on each exchange.
Reddit Funding Rate Arbitrage Calculator
When an idea comes from Reddit or another community, reproduce its assumptions here and include fees, slippage, leverage and holding time.
Funding Rate Arbitrage Calculator Strategy
A calculator strategy should combine a positive Net return with sufficient liquidity, manageable liquidation risk and a matching 90-day FBR™ direction.
THE CALCULATION
Funding arbitrage ROI formula
The calculator follows the same capital treatment as the live scanner: total capital is the combined deposit on the Long and Short exchanges.
Net rate = Short rate − Long ratePosition per leg = Total capital ÷ 2 × LeverageFunding / settlement = Position per leg × Net rateGross APR = Net rate × (24 ÷ interval) × 365 × Leverage ÷ 2Net period ROI = (period funding − four order costs) ÷ total capitalREAD THE RESULT CAREFULLY
What this ROI does and does not mean
Equal positions, not equal risk
The calculator assumes the same notional size on each exchange. Liquidation rules, mark prices and margin requirements can still differ.
APR is not a forecast
Annual ROI extrapolates the entered rate for a full year. Real funding rates reset frequently and may narrow or reverse.
Negative funding is supported
The formula works with positive or negative rates. A negative Long rate can improve income because the Long side may receive funding.
Check settlement timing
Do not compare an hourly rate directly with an 8-hour rate. Convert both rates to the same interval before calculating.
Keep a margin buffer
High leverage can cause liquidation on one exchange even when the combined position is broadly market neutral.
FBR™ adds historical context
FBR™ measures how often a direction produced a positive spread over the rolling 90 days. It is a filter, not a guarantee.
FREQUENTLY ASKED QUESTIONS
Funding rate arbitrage calculator FAQ
Why is APR divided by two?
The same notional position requires margin on both exchanges. ROI is measured against the combined capital deposited on the Long and Short sides.
Does the calculator include trading fees?
Yes. The fee and slippage input is applied once to each of the four orders used to open and close both legs. Funding-related exchange fees or borrowing costs should be added separately if applicable.
Can funding rate arbitrage lose money?
Yes. Rates can reverse, execution can be incomplete, slippage can exceed the estimate, and either exchange can liquidate or restrict a position. Delta-neutral does not mean risk-free.
How should I use FBR™ with the calculator?
Calculate the current return first, then check whether the same Long and Short direction has a strong 90-day FBR™ supported by a meaningful sample. Confirm liquidity, costs and current exchange data before trading.
NEXT STEP
Compare the live spread before entering.
Use FBR™ to scan MEXC, Bitunix and Hyperliquid, then bring the rates back here to test your capital, leverage and costs.