Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%
Price spread now: Binance against Hyperliquid+0.060%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$370.372% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days−0.076%−$8 · spread now +0.060%, 7d avg −0.006%
=Together, before fees−0.092%+ Points / potential airdropHyperliquid: 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: Binance is 0.067% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOT | 1.1953 | 0.0100 | pay 0.0013% / 1h | 53m 05s | $5.4M | $3.4M | 10x |
| Short | Binance DOTUSDT | 1.1960 | 0.0100 | get 0.0100% / 8h | 6h 53m | $43.9M | $84.3M | 75x |
Hyperliquid DOT
Binance DOTUSDTFunding 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
- $0
- Price spread: +0.060% → −0.006%
- $6.67
- Slippage, 4 orders
- −$18.19
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$30.52
- Costs to cover
- 0.372%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Binance: 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 Hyperliquid live order book, 9 min ago | 2.50 bp | 7.7 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.42 bp | 10.5 bp −$10 | 22.3 bp −$223 | 63.6 bp −$6,363 | doesn't fit |
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.1754% | 1h | 1.1950 | −0.025% | $218K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1933 | −0.168% | $258 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.1930 | −0.192% | $196K | $1.8M | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L −0.0002% / S +0.0004% | 1h | 1.1939 | −0.117% | $14K | — | 150x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1933 | −0.167% | $144K | $6K | 10x | as long as short |
| OKX DOT-USDT-SWAP | +0.0019% | 8h | 1.1966 | +0.109% | $9.3M | $24.3M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.561% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0076% | 8h | 1.1941 | −0.100% | $6.5M | $9.1M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1941 | −0.100% | $241K | $597K | 10x | as long as short |
| Backpack DOT_USDC_PERP | +0.0098% | 1h | 1.1954 | +0.008% | $96K | $129K | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
dYdX DOT-USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOT
Backpack DOT_USDC_PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOTlong | +0.0100% | 1h | 1.1953 | long leg | $5.4M | $3.4M | 10x | |
| Aster DOTUSDT | +0.0100% | 8h | 1.1926 | −0.227% | $867K | $704K | 50x | as long as short |
| Binance DOTUSDTshort | +0.0100% | 8h | 1.1960 | +0.060% | $43.9M | $84.3M | 75x | |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1966 | +0.109% | $24.7M | $18.8M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1950 | −0.025% | $6.7M | $11.3M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1958 | +0.042% | $30.5M | $44.4M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1950 | −0.025% | $22.8M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1951 | −0.017% | — | $1.3M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1904 | −0.413% | $542K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1969 | +0.130% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1883 | −0.582% | $227K | $412K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1940 | −0.109% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1960 | +0.059% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1875 | −0.653% | $247K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1936 | −0.139% | $14K | $301K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0196% | 1h | 1.1948 | −0.043% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1934 | −0.159% | $2.2M | $793K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1939 | −0.116% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0693% | 8h | 1.1950 | −0.025% | $2.3M | $2.1M | 50x | as long as short |
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT