Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Binance against Hyperliquid+0.080%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$980.979% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.080%, 7d avg +0.064%
=Together, before fees+0.090%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ALT | 0.007495 | 0.0100 | pay 0.0013% / 1h | 19m 33s | $1.1M | $187K | 3x |
| Short | Binance ALTUSDT | 0.007501 | 0.0100 | get 0.0050% / 4h | 2h 19m | $2.6M | $3.5M | 50x |
Hyperliquid ALT
Binance ALTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: +0.080% → +0.064%
- $1.6
- Slippage, 4 orders
- −$78.91
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.31
- Costs to cover
- 0.979%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Binance: 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, 11 min ago | 2.01 bp | 27.0 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.67 bp | 29.0 bp −$29 | 117.0 bp −$1,170 | doesn't fit | doesn't fit |
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | −0.0369% | 4h | 0.007489 | −0.079% | $4K | $12K | — | as long as short |
| Bybit ALTUSDT | −0.0292% | 4h | 0.007491 | −0.053% | $1.2M | $1.6M | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −1.521% | $815 | $4K | 5.5x | as long as short |
| Hyperliquid ALTlong | +0.0100% | 1h | 0.007495 | long leg | $1.1M | $187K | 3x | |
| Binance ALTUSDTshort | +0.0100% | 4h | 0.007501 | +0.080% | $2.6M | $3.5M | 50x | |
| Gate ALT_USDT | +0.0100% | 8h | 0.007489 | −0.080% | $51K | $417K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007501 | +0.080% | $401K | $196K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007498 | +0.040% | $150K | $22K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007487 | −0.107% | $615K | $100K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007492 | −0.040% | — | $1.3M | — | as long as short |
Variational Omni ALT
Bybit ALTUSDT
Injective ALT/USDC PERP
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ALT-USDT | +0.0128% | 4h | 0.007499 | +0.053% | $172K | $9K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0200% | 1h | 0.007507 | +0.164% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0384% | 1h | 0.007512 | +0.227% | $14K | $3K | 50x | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.0684% | 1h | 0.007502 | +0.093% | — | $0 | 25x | as long as short |
BloFin ALT-USDT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX
Deribit ALT_USDC-PERPETUAL