Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: Hyperliquid against Binance+0.190%7-day average −0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1441.438% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.356%−$36 · spread now +0.190%, 7d avg −0.129%
=Together, before fees−0.287%+ Points / potential airdropHyperliquid: Season 2 · farm board−$29 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 0.320% dearer against Binance than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −0.129%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTAUSDT | 0.04780 | 0.0100 | pay 0.0100% / 8h | 6h 08m | $3.5M | $6.0M | 75x |
| Short | Hyperliquid IOTA | 0.04789 | 0.0100 | get 0.0013% / 1h | 8m 45s | $969K | $332K | 3x |
Binance IOTAUSDT
Hyperliquid IOTAFunding 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: +0.190% → −0.129%
- $31.97
- Slippage, 4 orders
- −$124.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$111.83
- Costs to cover
- 1.438%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Hyperliquid: live order book, 41 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, 15 min ago | 2.08 bp | 18.0 bp −$18 | 69.0 bp −$690 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 41 min ago | 1.14 bp | 49.6 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
IOTA on 11 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_IOTAUSD | −0.0091% | 1h | 0.04780 | +0.008% | $18K | $12K | 10x | as long as short |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04789 | +0.190% | $969K | $332K | 3x | |
| Binance IOTAUSDTlong | +0.0100% | 8h | 0.04780 | long leg | $3.5M | $6.0M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04776 | −0.084% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04779 | −0.021% | $558K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04777 | −0.063% | $842K | $246K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04780 | 0.000% | $588K | $178K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04783 | +0.063% | $1.7M | $725K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04779 | −0.021% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04780 | −0.007% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0799% | 8h | 0.04782 | +0.042% | $2.7M | $241K | 30x | as long as short |
KuCoin IOTAUSDTM