Funding you earn now, next payment 04:00 UTC+0.0110%/8h= +12.1% APRpaid last 24h +0.024%
Price spread now: Hyperliquid against Binance+0.152%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.625% of the position
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now +0.152%, 7d avg +0.146%
=Together, before fees+0.148%+ Points / potential airdropHyperliquid: Season 2 · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.146%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARUSDT | 4.4670 | 0.0100 | pay 0.0100% / 8h | 4h 05m | $8.8M | $49.8M | 75x |
| Short | Hyperliquid AR | 4.4738 | 0.0210 | get 0.0026% / 1h | 5m 15s | $4.0M | $4.3M | 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
- $23.12
- Price spread: +0.152% → +0.146%
- $0.61
- Slippage, 4 orders
- −$43.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$38.74
- Costs to cover
- 0.625%
- Break-even
- 18.7 days
Slippage from Binance: live order book, 7 min ago; Hyperliquid: live order book, 6 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, 7 min ago | 1.12 bp | 14.8 bp −$15 | 57.6 bp −$576 | 439.6 bp −$44.0K | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 2.57 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX AR/USD [WBTC.b-USDC] | L −0.0141% / S +0.0551% | 1h | 4.4659 | −0.024% | $574K | — | 50x | as long as short |
| OKX AR-USDT-SWAP | +0.0063% | 8h | 4.4660 | −0.022% | $2.3M | $17.7M | 20x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.4688 | +0.041% | $26K | $478K | 10x | as long as short |
| Binance ARUSDTlong | +0.0100% | 8h | 4.4670 | long leg | $8.8M | $49.8M | 75x | |
| Bybit ARUSDT | +0.0100% | 8h | 4.4660 | −0.022% | $4.6M | $8.2M | 75x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.4670 | 0.000% | $2.5M | $1.9M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.4620 | −0.112% | $6.3M | $4.2M | 100x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.4640 | −0.067% | $1.1M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.4620 | −0.112% | $3.9M | $5.0M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.4620 | −0.112% | — | $2.8M | — | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AR | +0.0100% | 8h | 4.4682 | +0.027% | $236K | $246K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.4800 | +0.291% | $19K | $718K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.4657 | −0.029% | $37K | $236K | 10x | as long as short |
| Hyperliquid ARshort | +0.0210% | 1h | 4.4738 | +0.152% | $4.0M | $4.3M | 5x | |
| BloFin AR-USDT | +0.0220% | 8h | 4.4720 | +0.112% | $423K | $469K | 20x | as long as short |
| Kraken Futures PF_ARUSD | +0.0696% | 1h | 4.4641 | −0.065% | $60K | $159K | 20x | as long as short |
| Injective AR/USDC PERP | +0.0854% | 1h | 4.4770 | +0.224% | $2K | $5K | 5.5x | as long as short |
Binance ARUSDT
Hyperliquid AR
GMX AR/USD [WBTC.b-USDC]
OKX AR-USDT-SWAP
Aster ARUSDT
Bybit ARUSDT
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT
Kraken Futures PF_ARUSD
Injective AR/USDC PERP