Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.060%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$800.800% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.060%, 7d avg +0.009%
=Together, before fees−0.023%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 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 0.051% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BIGTIMEUSDT | 0.008294 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $1.8M | $2.3M | 50x |
| Short | Hyperliquid BIGTIME | 0.008299 | 0.0100 | get 0.0013% / 1h | 12m 10s | $126K | $97K | 3x |
Binance BIGTIMEUSDT
Hyperliquid BIGTIMEFunding 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: +0.060% → +0.009%
- $5.11
- Slippage, 4 orders
- −$60.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$74.86
- Costs to cover
- 0.800%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Hyperliquid: live order book, 27 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 | 2.41 bp | 17.4 bp −$17 | 78.6 bp −$786 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 27 min ago | 1.81 bp | 15.9 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
BIGTIME on 11 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_BIGTIMEUSD | −0.0288% | 1h | 0.008293 | −0.008% | $8K | $5K | 10x | as long as short |
| Hyperliquid BIGTIMEshort | +0.0100% | 1h | 0.008299 | +0.060% | $126K | $97K | 3x | |
| Binance BIGTIMEUSDTlong | +0.0100% | 4h | 0.008294 | long leg | $1.8M | $2.3M | 50x | |
| Bybit BIGTIMEUSDT | +0.0100% | 4h | 0.008290 | −0.048% | $677K | $609K | 25x | as long as short |
| OKX BIGTIME-USDT-SWAP | +0.0100% | 4h | 0.008289 | −0.060% | $437K | $403K | 10x | as long as short |
| Gate BIGTIME_USDT | +0.0100% | 4h | 0.008283 | −0.133% | $59K | $31K | 50x | as long as short |
| MEXC BIGTIME_USDT | +0.0100% | 4h | 0.008292 | −0.024% | $465K | $193K | 125x | as long as short |
| KuCoin BIGTIMEUSDTM | +0.0100% | 4h | 0.008284 | −0.121% | $244K | $26K | 20x | as long as short |
| Bitget BIGTIMEUSDT | +0.0100% | 4h | 0.008303 | +0.109% | $596K | $230K | 50x | as long as short |
| BingX BIGTIME-USDT | +0.0100% | 4h | 0.008291 | −0.036% | — | $2.3M | — | as long as short |
Kraken Futures PF_BIGTIMEUSD
Bybit BIGTIMEUSDT
OKX BIGTIME-USDT-SWAP
Gate BIGTIME_USDT
MEXC BIGTIME_USDT
KuCoin BIGTIMEUSDTM
Bitget BIGTIMEUSDT
BingX BIGTIME-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BIGTIME | +0.0100% | 4h | 0.008291 | −0.037% | $10K | $1K | — | as long as short |
Variational Omni BIGTIME