Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.121%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$570.565% of the position
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 7 days+0.120%+$12 · spread now −0.121%, 7d avg −0.027%
=Together, before fees+0.065%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 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 0.094% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ETC | 8.8459 | 0.0100 | pay 0.0013% / 1h | 51m 36s | $2.5M | $596K | 5x |
| Short | Binance ETCUSDT | 8.8352 | 0.0100 | get 0.0100% / 8h | 6h 51m | $26.6M | $69.2M | 75x |
Hyperliquid ETC
Binance ETCUSDTFunding 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: −0.121% → −0.027%
- −$9.43
- Slippage, 4 orders
- −$37.51
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$65.94
- Costs to cover
- 0.565%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Binance: live order book, 6 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 | 1.64 bp | 17.0 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.57 bp | 10.3 bp −$10 | 23.7 bp −$237 | 75.1 bp −$7,506 | 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 | −0.0016% | 1h | 8.8451 | −0.009% | $1.9M | $715K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8391 | −0.077% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8399 | −0.068% | $501 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8379 | −0.091% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.329% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETClong | +0.0100% | 1h | 8.8459 | long leg | $2.5M | $596K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.8410 | −0.056% | $989K | $11K | 10x | as long as short |
| Binance ETCUSDTshort | +0.0100% | 8h | 8.8352 | −0.121% | $26.6M | $69.2M | 75x | |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8270 | −0.214% | $13.0M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8240 | −0.248% | $8.7M | $17.1M | 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 | 8.8350 | −0.123% | $3.6M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8300 | −0.180% | $7.3M | $32.6M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8350 | −0.123% | $2.8M | $692K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8332 | −0.144% | $9.8M | $3.9M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8330 | −0.146% | — | $20.9M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.7556 | −1.020% | $123K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8410 | −0.055% | $165 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8465 | +0.007% | $121K | $294K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8360 | −0.112% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8311 | −0.167% | $11K | $91K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8390 | −0.078% | $1.5M | $206K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0616% | 1h | 9.0540 | +2.353% | $39K | $17K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX