Funding you earn now, next payment 04:00 UTC+0.0025%/8h= +2.8% APRpaid last 24h +0.022%
Price spread now: Hyperliquid against Binance+0.342%7-day average +0.202% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$810.813% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 7 days−0.195%−$19 · spread now +0.342%, 7d avg +0.202%
=Together, before fees−0.059%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.139% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.202%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CHIPUSDT | 0.04689 | 0.0075 | pay 0.0037% / 4h | 58m 15s | $14.2M | $26.6M | 50x |
| Short | Hyperliquid CHIP | 0.04705 | 0.0100 | get 0.0013% / 1h | 58m 15s | $14.7M | $6.2M | 3x |
Binance CHIPUSDT
Hyperliquid CHIPFunding 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
- $5.34
- Price spread: +0.342% → +0.202%
- $13.94
- Slippage, 4 orders
- −$62.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$62
- Costs to cover
- 0.813%
- Break-even
- 88.3 days
Slippage from Binance: live order book, 13 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 Binance live order book, 13 min ago | 1.05 bp | 19.7 bp −$20 | 108.3 bp −$1,083 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 2.33 bp | 19.2 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
CHIP on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0682% | 1h | 0.04710 | +0.446% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0527% | 4h | 0.04692 | +0.062% | $10.8M | $8.9M | 20x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04710 | +0.446% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0319% | 4h | 0.04684 | −0.108% | $2.0M | $9.5M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0272% | 1h | 0.04713 | +0.510% | $32K | $242K | 5x | as long as short |
| Aster CHIPUSDT | −0.0087% | 4h | 0.04705 | +0.340% | $50K | $274K | 5x | as long as short |
| Nado CHIP-PERP | +0.0035% | 1h | 0.04698 | +0.180% | $238K | $20K | 5x | as long as short |
| MEXC CHIP_USDT | +0.0070% | 4h | 0.04697 | +0.169% | $1.8M | $1.2M | 50x | as long as short |
| Extended CHIP-USD | +0.0072% | 1h | 0.04691 | +0.039% | $214K | $1.9M | 5x | as long as short |
| Binance CHIPUSDTlong | +0.0075% | 4h | 0.04689 | long leg | $14.2M | $26.6M | 50x |
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Backpack CHIP_USDC_PERP
Aster CHIPUSDT
Nado CHIP-PERP
MEXC CHIP_USDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | +0.0090% | 4h | 0.04704 | +0.318% | $571K | $63K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04690 | +0.020% | $87K | $107K | 3x | as long as short |
| Hyperliquid CHIPshort | +0.0100% | 1h | 0.04705 | +0.342% | $14.7M | $6.2M | 3x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04710 | +0.446% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04705 | +0.340% | $685K | $947K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04703 | +0.297% | $984K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04694 | +0.105% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04692 | +0.062% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04705 | +0.330% | $838K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04690 | +0.020% | $864 | $1.0M | 10x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0175% | 1h | 0.04704 | +0.316% | $10K | $24K | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0392% | 1h | 0.04721 | +0.674% | $230 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +3.534% | $47K | $42K | 50x | as long as short |
BloFin CHIP-USDT
Lighter CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX