Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.083%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$800.802% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.083%, 7d avg +0.078%
=Together, before fees+0.002%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXSUSDT | 1.0764 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $6.1M | $9.7M | 75x |
| Short | Hyperliquid AXS | 1.0773 | 0.0100 | get 0.0013% / 1h | 46m 54s | $269K | $303K | 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: +0.083% → +0.078%
- $0.49
- Slippage, 4 orders
- −$61.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$79.74
- Costs to cover
- 0.802%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Hyperliquid: live order book, 3 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, 8 min ago | 0.93 bp | 15.7 bp −$16 | 42.6 bp −$426 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 2.32 bp | 23.5 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
AXS 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_AXSUSD | −0.0261% | 1h | 1.0780 | +0.148% | $143K | $321K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.409% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0080% | 4h | 1.0760 | −0.037% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0793 | +0.269% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXSshort | +0.0100% | 1h | 1.0773 | +0.083% | $269K | $303K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0771 | +0.068% | $74K | $12K | 10x | as long as short |
| Binance AXSUSDTlong | +0.0100% | 4h | 1.0764 | long leg | $6.1M | $9.7M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0774 | +0.093% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0764 | 0.000% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0770 | +0.056% | $970K | $903K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0763 | −0.009% | $11.4M | $742K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0770 | +0.056% | $612K | $306K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0770 | +0.056% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0770 | +0.056% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0763 | −0.006% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0760 | −0.041% | $764K | $888K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0771 | +0.065% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0766 | +0.018% | $718 | $3K | 5x | as long as short |
| BloFin AXS-USDT | +0.0102% | 4h | 1.0762 | −0.019% | $277K | $18K | 75x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0761 | −0.028% | $10K | $176K | 10x | as long as short |
Binance AXSUSDT
Hyperliquid AXS
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Lighter AXS
Aster AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
BloFin AXS-USDT
Extended AXS-USD