Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.115%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 7 days−0.118%−$12 · spread now +0.115%, 7d avg +0.025%
=Together, before fees−0.057%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 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 0.090% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETCUSDT | 8.9175 | 0.0100 | pay 0.0100% / 8h | 1h 03m | $26.6M | $68.2M | 75x |
| Short | Hyperliquid ETC | 8.9278 | 0.0100 | get 0.0013% / 1h | 3m 10s | $2.3M | $426K | 5x |
Binance ETCUSDT
Hyperliquid ETCFunding 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
- $0
- Price spread: +0.115% → +0.025%
- $8.98
- Slippage, 4 orders
- −$27.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$37.18
- Costs to cover
- 0.462%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 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, 9 min ago | 0.56 bp | 9.0 bp −$9 | 21.5 bp −$215 | 89.8 bp −$8,978 | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.35 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
ETC on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0214% | 1h | 8.9112 | −0.071% | $2.0M | $683K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9054 | −0.136% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9148 | −0.031% | $505 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9184 | +0.010% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.477% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETCshort | +0.0100% | 1h | 8.9278 | +0.115% | $2.3M | $426K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.9139 | −0.040% | $998K | $11K | 10x | as long as short |
| Binance ETCUSDTlong | +0.0100% | 8h | 8.9175 | long leg | $26.6M | $68.2M | 75x | |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9160 | −0.017% | $13.1M | $7.5M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9170 | −0.006% | $8.8M | $16.7M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Aster ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.9200 | +0.028% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.9150 | −0.028% | $7.6M | $32.4M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9160 | −0.017% | $2.9M | $728K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9191 | +0.018% | $9.9M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.9180 | +0.005% | — | $711K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8963 | −0.238% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9130 | −0.051% | $125 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9179 | +0.004% | $134K | $268K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.9180 | +0.005% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.9141 | −0.038% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.9150 | −0.028% | $1.4M | $217K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0536% | 1h | 8.9630 | +0.510% | $36K | $13K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX