Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against Binance+0.162%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.162%, 7d avg +0.082%
=Together, before fees+0.072%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 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 0.080% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APEUSDT | 0.1460 | 0.0100 | pay 0.0100% / 8h | 36m 47s | $4.1M | $6.2M | 50x |
| Short | Hyperliquid APE | 0.1463 | 0.0100 | get 0.0013% / 1h | 36m 47s | $1.3M | $369K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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: +0.162% → +0.082%
- $8
- Slippage, 4 orders
- −$58.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$69.17
- Costs to cover
- 0.772%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Hyperliquid: live order book, 4 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 Binance live order book, 2 min ago | 3.42 bp | 17.4 bp −$17 | 81.9 bp −$819 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 1.71 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
APE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0178% | 1h | 0.1461 | +0.019% | $405K | $578K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1460 | −0.009% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.433% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.638% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USD | +0.0073% | 1h | 0.1461 | +0.035% | $9K | $5 | 5x | as long as short |
| Hyperliquid APEshort | +0.0100% | 1h | 0.1463 | +0.162% | $1.3M | $369K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1460 | −0.025% | $121K | $22K | 10x | as long as short |
| Binance APEUSDTlong | +0.0100% | 8h | 0.1460 | long leg | $4.1M | $6.2M | 50x | |
| Bybit APEUSDT | +0.0100% | 8h | 0.1459 | −0.057% | $3.6M | $2.6M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1460 | −0.050% | $1.3M | $1.3M | 20x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1462 | +0.087% | $631K | $292K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1460 | −0.023% | $4.1M | $923K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1460 | −0.023% | $1.8M | $2.0M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1461 | +0.045% | $2.1M | $537K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1460 | −0.023% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1462 | +0.139% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1460 | −0.017% | $4K | $219K | 10x | as long as short |
| BloFin APE-USDT | +0.0127% | 8h | 0.1460 | −0.023% | $221K | $48K | 75x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0435% | 1h | 0.1461 | +0.045% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0776% | 1h | 0.1470 | +0.662% | $99K | $7K | 25x | as long as short |
Binance APEUSDT
Hyperliquid APE
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Injective APE/USDC PERP
Aster APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX