Funding you earn now, next payment 04:00 UTC−0.0414%/8h= −45.4% APRpaid last 24h −0.168%
Price spread now: Binance against Hyperliquid−0.220%7-day average −0.207% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$770.766% of the position
Funding, last 7 days−0.310%−$31 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.220%, 7d avg −0.207%
=Together, before fees−0.256%+ Points / potential airdropHyperliquid: Season 2 · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.207%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CFX | 0.05359 | 0.0514 | pay 0.0064% / 1h | 57m 41s | $3.2M | $360K | 5x |
| Short | Binance CFXUSDT | 0.05347 | 0.0100 | get 0.0100% / 8h | 4h 57m | $5.3M | $10.1M | 75x |
Hyperliquid CFX
Binance CFXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. 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
- −$87.01
- Price spread: −0.220% → −0.207%
- −$1.29
- Slippage, 4 orders
- −$57.58
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$164.88
- Costs to cover
- 0.766%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; Binance: live order book, 12 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 Hyperliquid live order book, 4 min ago | 1.21 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.78 bp | 16.8 bp −$17 | 55.5 bp −$555 | 488.9 bp −$48.9K | doesn't fit |
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05359 | −0.002% | $5K | $43K | 5x | as long as short |
| Binance CFXUSDTshort | +0.0100% | 8h | 0.05347 | −0.220% | $5.3M | $10.1M | 75x | |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05347 | −0.220% | $2.4M | $1.4M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05343 | −0.295% | $2.5M | $5.6M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05357 | −0.034% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05346 | −0.239% | $3.0M | $1.6M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05362 | +0.060% | $881K | $281K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05348 | −0.202% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05351 | −0.146% | — | $20.1M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05366 | +0.142% | $42K | $45K | — | as long as short |
Aster CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05368 | +0.169% | $509K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05346 | −0.245% | $859 | $262K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0192% | 1h | 0.05412 | +0.993% | $43K | $125K | 50x | as long as short |
| Kraken Futures PF_CFXUSD | +0.0502% | 1h | 0.05362 | +0.055% | $32K | $11K | 20x | as long as short |
| Hyperliquid CFXlong | +0.0514% | 1h | 0.05359 | long leg | $3.2M | $360K | 5x | |
| Deribit CFX_USDC-PERPETUAL | +0.3296% | 1h | 0.05377 | +0.340% | $142 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL