Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.066%
Price spread now: Hyperliquid against Binance+0.108%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$710.714% of the position
Funding, last 7 days+0.477%+$48 on $10k
+Price spread, last 7 days+0.025%+$3 · spread now +0.108%, 7d avg +0.075%
=Together, before fees+0.502%+ Points / potential airdropHyperliquid: Season 2 · farm board+$50 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 0.032% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HEMIUSDT | 0.006446 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $6.3M | $10.2M | 20x |
| Short | Hyperliquid HEMI | 0.006453 | 0.0100 | get 0.0013% / 1h | 16m 27s | $978K | $268K | 3x |
Binance HEMIUSDT
Hyperliquid HEMIFunding 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: +0.108% → +0.075%
- $3.24
- Slippage, 4 orders
- −$52.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$68.11
- Costs to cover
- 0.714%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Hyperliquid: live order book, 4 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, 8 min ago | 0.78 bp | 16.2 bp −$16 | 138.9 bp −$1,389 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 2.33 bp | 16.0 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
HEMI on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HEMIshort | +0.0100% | 1h | 0.006453 | +0.108% | $978K | $268K | 3x | |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006440 | −0.088% | $74K | $31K | 5x | as long as short |
| Binance HEMIUSDTlong | +0.0100% | 4h | 0.006446 | long leg | $6.3M | $10.2M | 20x | |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006443 | −0.048% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006442 | −0.063% | $492K | $230K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006442 | −0.063% | $1.6M | $284K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006447 | +0.014% | $766K | $1.6M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006450 | +0.061% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006430 | −0.255% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006600 | +2.388% | $2K | $1.1M | 20x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
Gate HEMI_USDT
MEXC HEMI_USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
Variational Omni HEMI
SunX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HEMI-USD | +0.0104% | 1h | 0.006445 | −0.022% | $17K | $516 | 5x | as long as short |
| BloFin HEMI-USDT | +0.0146% | 4h | 0.006448 | +0.030% | $346K | $65K | 20x | as long as short |
Extended HEMI-USD
BloFin HEMI-USDT