Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.048%
Price spread now: Hyperliquid against Extended+0.127%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$160.158% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days−0.125%−$12 · spread now +0.127%, 7d avg +0.081%
=Together, before fees−0.086%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board−$9 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 0.046% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BNB-USD | 786.92 | 0.0104 | pay 0.0013% / 1h | 8m 59s | $1.8M | $5.9M | 50x |
| Short | Hyperliquid BNB | 787.92 | 0.0100 | get 0.0013% / 1h | 8m 59s | $51.6M | $17.6M | 10x |
Extended BNB-USD
Hyperliquid BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Extended. 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
- −$0.84
- Price spread: +0.127% → +0.081%
- $4.61
- Slippage, 4 orders
- −$1.81
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$12.04
- Costs to cover
- 0.158%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; Hyperliquid: live order book, 5 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 Extended live order book, 5 min ago | 0.06 bp | 2.6 bp −$3 | 4.0 bp −$40 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.06 bp | 5.0 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
BNB on 45 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 BNB/USD [WBTC.b-USDC] | L −0.0170% / S +0.0337% | 1h | 787.20 | +0.036% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.52 | +0.076% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.08 | +0.147% | $850K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.27 | +0.044% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.309% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0049% | 8h | 787.50 | +0.073% | — | $13.4M | — | as long as short |
| Aster BNBUSDT | +0.0050% | 8h | 787.83 | +0.116% | $6.1M | $18.8M | 200x | as long as short |
| MEXC BNB_USDT | +0.0060% | 8h | 788.40 | +0.188% | $81.1M | $12.1M | 200x | as long as short |
| Binance BNBUSDT | +0.0060% | 8h | 787.81 | +0.113% | $490.4M | $819.7M | 75x | as long as short |
| dYdX BNB-USD | +0.0065% | 1h | 787.28 | +0.046% | $160K | $62K | 10x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
BingX BNB-USDC
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
dYdX BNB-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0074% | 8h | 787.81 | +0.113% | $68.8M | $51.1M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 787.46 | +0.068% | $568K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.43 | +0.064% | $2.7M | $3.9M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.00 | +0.010% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNBshort | +0.0100% | 1h | 787.92 | +0.127% | $51.6M | $17.6M | 10x | |
| Pacifica BNB | +0.0100% | 1h | 787.40 | +0.061% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.10 | +0.022% | $138.5M | $74.9M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.00 | +0.010% | $53.6M | $113.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.40 | +0.061% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.25 | +0.041% | $37.8M | $59.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.86 | −0.008% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.02 | +0.012% | $76.2M | $31.2M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.72 | +0.101% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.00 | +0.010% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.81 | +0.113% | $4.1M | $76.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.40 | +0.061% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.20 | +0.035% | $132K | $951K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.26 | +0.043% | $265K | $470K | 50x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.69 | +0.097% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.40 | +0.061% | $387K | $978K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.54 | +0.079% | $8.0M | $10.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.85 | +0.117% | $78K | $18K | 50x | as long as short |
| Extended BNB-USDlong | +0.0104% | 1h | 786.92 | long leg | $1.8M | $5.9M | 50x | |
| Aevo BNB-PERP | +0.0104% | 1h | 787.25 | +0.041% | $378K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0117% | 8h | 787.70 | +0.099% | $170K | $2.7M | 4.8x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 787.80 | +0.111% | $169K | $35K | 10x | as long as short |
| BloFin BNB-USDT | +0.0180% | 8h | 787.81 | +0.113% | $17.7M | $2.2M | 75x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0205% | 1h | 787.23 | +0.040% | $2.5M | $1.2M | 50x | as long as short |
| Bulk BNB-USD | +0.0222% | 1h | 787.85 | +0.118% | $639K | $831 | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0228% | 8h | 788.01 | +0.138% | $2.9M | $29.3M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 787.73 | +0.102% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 787.67 | +0.095% | $1.5M | $145K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0321% | 1h | 787.00 | +0.010% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0438% | 1h | 787.35 | +0.054% | $1.1M | $915K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0480% | 1h | 787.60 | +0.086% | $67K | $39K | 12x | as long as short |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Aevo BNB-PERP
Kalshi KXBNBPERP
Phoenix BNB
BloFin BNB-USDT
Kraken Futures PF_BNBUSD
Bulk BNB-USD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P