Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Hyperliquid against Binance−0.148%7-day average −0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$940.938% of the position
Funding, last 7 days−0.075%−$7 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.148%, 7d avg −0.156%
=Together, before fees−0.017%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FOGOUSDT | 0.006728 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $1.8M | $2.0M | 50x |
| Short | Hyperliquid FOGO | 0.006718 | 0.0100 | get 0.0013% / 1h | 49m 55s | $735K | $290K | 3x |
Binance FOGOUSDT
Hyperliquid FOGOFunding 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: −0.148% → −0.156%
- $0.85
- Slippage, 4 orders
- −$74.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$92.98
- Costs to cover
- 0.938%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Hyperliquid: live order book, 30 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, 14 min ago | 1.49 bp | 23.9 bp −$24 | 149.3 bp −$1,493 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 30 min ago | 1.49 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
FOGO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX FOGO-USDT-SWAP | +0.0045% | 4h | 0.006718 | −0.148% | $505K | $772K | 10x | as long as short |
| Lighter FOGO | +0.0096% | 1h | 0.006732 | +0.060% | $11K | $11K | 3x | as long as short |
| Hyperliquid FOGOshort | +0.0100% | 1h | 0.006718 | −0.148% | $735K | $290K | 3x | |
| Aster FOGOUSDT | +0.0100% | 4h | 0.006734 | +0.094% | $12K | $15K | 5x | as long as short |
| Binance FOGOUSDTlong | +0.0100% | 4h | 0.006728 | long leg | $1.8M | $2.0M | 50x | |
| Bybit FOGOUSDT | +0.0100% | 4h | 0.006736 | +0.120% | $749K | $176K | 50x | as long as short |
| Gate FOGO_USDT | +0.0100% | 4h | 0.006720 | −0.118% | $107K | $47K | 50x | as long as short |
| MEXC FOGO_USDT | +0.0100% | 4h | 0.006726 | −0.029% | $325K | $121K | 50x | as long as short |
| KuCoin FOGOUSDTM | +0.0100% | 4h | 0.006730 | +0.031% | $266K | $24K | 50x | as long as short |
| Bitget FOGOUSDT | +0.0100% | 4h | 0.006740 | +0.179% | $126K | $105K | 25x | as long as short |
OKX FOGO-USDT-SWAP
Lighter FOGO
Aster FOGOUSDT
Bybit FOGOUSDT
Gate FOGO_USDT
MEXC FOGO_USDT
KuCoin FOGOUSDTM
Bitget FOGOUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX FOGO-USDT | +0.0100% | 4h | 0.006731 | +0.046% | — | $1.3M | — | as long as short |
| Variational Omni FOGO | +0.0100% | 4h | 0.006740 | +0.186% | $95K | $2K | — | as long as short |
| SunX FOGO-USDT | +0.0100% | 4h | 0.006720 | −0.118% | $1K | $1.1M | 20x | as long as short |
BingX FOGO-USDT
Variational Omni FOGO
SunX FOGO-USDT