Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: Hyperliquid against Binance+0.181%7-day average +0.145% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 7 days−0.130%−$13 · spread now +0.181%, 7d avg +0.145%
=Together, before fees−0.050%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 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 0.036% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.145%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHFIUSDT | 0.7211 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $25.1M | $36.0M | 75x |
| Short | Hyperliquid ETHFI | 0.7224 | 0.0100 | get 0.0013% / 1h | 18m 52s | $18.2M | $8.4M | 5x |
Binance ETHFIUSDT
Hyperliquid ETHFIFunding 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: +0.181% → +0.145%
- $3.57
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$15.43
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 min ago; Hyperliquid: live order book, 4 min ago. Net counts fees only.
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, 8 min ago | 0.69 bp | 12.9 bp −$13 | 27.2 bp −$272 | 181.8 bp −$18.2K | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.62 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ETHFI 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0304% | 1h | 0.7214 | +0.038% | $41K | $13K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0254% | 4h | 0.7210 | −0.017% | $89K | $169K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0200% | 4h | 0.7209 | −0.031% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | +0.0006% | 4h | 0.7220 | +0.124% | $1.1M | $717K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.399% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0056% | 8h | 0.7204 | −0.107% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7221 | +0.138% | $1.1M | $887K | 5x | as long as short |
| Hyperliquid ETHFIshort | +0.0100% | 1h | 0.7224 | +0.181% | $18.2M | $8.4M | 5x | |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7212 | +0.015% | $184K | $258K | 10x | as long as short |
| Binance ETHFIUSDTlong | +0.0100% | 4h | 0.7211 | long leg | $25.1M | $36.0M | 75x |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Aster ETHFIUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7216 | +0.066% | $18.2M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7220 | +0.121% | $5.1M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7215 | +0.052% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7211 | −0.003% | $15.6M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7213 | +0.024% | $1.2M | $255K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7211 | −0.003% | $6.2M | $5.4M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7215 | +0.052% | — | $26.0M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7226 | +0.205% | $72K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7214 | +0.038% | $1K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7209 | −0.031% | $98K | $376K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7210 | −0.016% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7253 | +0.579% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0225% | 1h | 0.7216 | +0.072% | $274K | $183K | 20x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD