Funding you earn now, next payment 23:00 UTC+0.1158%/8h= +126.8% APRpaid last 24h +0.239%
Price spread now: Hyperliquid against Binance+0.138%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$750.749% of the position
Funding, last 7 days+0.427%+$43 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.138%, 7d avg +0.046%
=Together, before fees+0.325%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Hyperliquid is 0.092% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.046%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.427% in total (about 22.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BSVUSDT | 18.322 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $1.7M | $1.8M | 75x |
| Short | Hyperliquid BSV | 18.347 | 0.1258 | get 0.0157% / 1h | 2m 00s | $552K | $191K | 3x |
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
- $243.27
- Price spread: +0.138% → +0.046%
- $9.21
- Slippage, 4 orders
- −$55.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $177.6
- Costs to cover
- 0.749%
- Break-even
- 1.9 days
Slippage from Binance: live order book, 2 min ago; Hyperliquid: live order book, 8 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 | 2.73 bp | 14.7 bp −$15 | 94.9 bp −$949 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.09 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
BSV on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BSV/USDC PERP | −0.0043% | 1h | 18.370 | +0.264% | $1K | $88K | 5.5x | as long as short |
| BloFin BSV-USDT | +0.0085% | 4h | 18.310 | −0.064% | $110K | $206K | 75x | as long as short |
| Binance BSVUSDTlong | +0.0100% | 4h | 18.322 | long leg | $1.7M | $1.8M | 75x | |
| Bybit BSVUSDT | +0.0100% | 4h | 18.305 | −0.091% | $1.5M | $578K | 75x | as long as short |
| Gate BSV_USDT | +0.0100% | 4h | 18.300 | −0.118% | $1.6M | $1.3M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 18.320 | −0.009% | $1.3M | $382K | 125x | as long as short |
| KuCoin BSVUSDTM | +0.0100% | 4h | 18.370 | +0.264% | $665K | $60K | 30x | as long as short |
| Bitget BSVUSDT | +0.0100% | 4h | 18.300 | −0.118% | $1.9M | $426K | 75x | as long as short |
| BingX BSV-USDT | +0.0100% | 4h | 18.320 | −0.009% | — | $2.3M | — | as long as short |
| Hyperliquid BSVshort | +0.1258% | 1h | 18.347 | +0.138% | $552K | $191K | 3x |
Binance BSVUSDT
Hyperliquid BSV
Injective BSV/USDC PERP
BloFin BSV-USDT
Bybit BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
KuCoin BSVUSDTM
Bitget BSVUSDT
BingX BSV-USDT