Funding you earn now, next payment 23:00 UTC−0.0063%/8h= −6.8% APRpaid last 24h −0.051%
Price spread now: Binance against Hyperliquid−0.156%7-day average −0.121% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.280%−$28 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.156%, 7d avg −0.121%
=Together, before fees−0.268%+ Points / potential airdropHyperliquid: Season 2 · farm board−$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.035% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.121%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LIT | 4.7318 | 0.0100 | pay 0.0013% / 1h | 57m 31s | $210.9M | $45.6M | 5x |
| Short | Binance LITUSDT | 4.7244 | 0.0037 | get 0.0019% / 4h | 1h 57m | $74.9M | $81.6M | 75x |
Funding 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
- −$13.13
- Price spread: −0.156% → −0.121%
- −$3.53
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.65
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; Binance: live order book, 15 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 Hyperliquid live order book, 6 min ago | 0.11 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.48 bp | 13.3 bp −$13 | 32.1 bp −$321 | doesn't fit | doesn't fit |
LIT on 42 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 LIT_USDC-PERPETUAL | −0.1281% | 1h | 4.7158 | −0.339% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0806% | 4h | 4.7300 | −0.038% | $2.8M | $4.4M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0627% | 4h | 4.7099 | −0.463% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0618% | 4h | 4.7220 | −0.207% | $1.3M | $2.8M | 20x | as long as short |
| Bullet LIT-USD | −0.0428% | 1h | 4.7253 | −0.137% | $85K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0388% | 4h | 4.7228 | −0.190% | $25.2M | $62.2M | 50x | as long as short |
| Bybit LITUSDT | −0.0325% | 4h | 4.7266 | −0.110% | $42.7M | $30.7M | 75x | as long as short |
| KuCoin LITUSDTM | −0.0304% | 4h | 4.7286 | −0.068% | $5.2M | $1.1M | 30x | as long as short |
| 01 Exchange LITUSD | −0.0296% | 1h | 4.7240 | −0.165% | $33K | $4K | 5x | as long as short |
| GRVT LIT_USDT_Perp | −0.0242% | 4h | 4.7220 | −0.206% | $897K | $1.9M | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0206% | 1h | 4.7263 | −0.115% | $10K | $202K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +0.852% | $660K | $404K | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0111% | 1h | 4.7256 | −0.131% | $664K | $1.5M | 5x | as long as short |
| Nado LIT-PERP | −0.0093% | 1h | 4.7230 | −0.185% | $2.1M | $1.7M | 10x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7291 | −0.057% | $788K | $2.1M | 5x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7306 | −0.025% | $246K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0026% | 8h | 4.7257 | −0.130% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7336 | +0.037% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7343 | +0.053% | $35K | — | 150x | as long as short |
| edgeX LITUSDC | +0.0032% | 4h | 4.7254 | −0.135% | $287K | $309K | 10x | as long as short |
| MEXC LIT_USDT | +0.0032% | 4h | 4.7259 | −0.125% | $5.7M | $4.2M | 100x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.526% | $422 | $178K | 5.5x | as long as short |
| Binance LITUSDTshort | +0.0037% | 4h | 4.7244 | −0.156% | $74.9M | $81.6M | 75x | |
| Aevo LIT-PERP | +0.0048% | 1h | 4.7155 | −0.344% | $147K | $44K | 3x | as long as short |
| SoDEX LIT-USD | +0.0092% | 1h | 4.7185 | −0.281% | $1K | $486K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7348 | +0.063% | $59.5M | $29.2M | 5x | as long as short |
| Hyperliquid LITlong | +0.0100% | 1h | 4.7318 | long leg | $210.9M | $45.6M | 5x | |
| Aster LITUSDT | +0.0100% | 4h | 4.7334 | +0.034% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7286 | −0.068% | $582K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7250 | −0.144% | $116K | $449K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7185 | −0.281% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7280 | −0.080% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7240 | −0.165% | $55K | $78K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7258 | −0.127% | $446K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7210 | −0.227% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7184 | −0.283% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7273 | −0.095% | $189K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7223 | −0.200% | $5.2M | $5.2M | 25x | as long as short |
| BloFin LIT-USDT | +0.0135% | 4h | 4.7333 | +0.032% | $1.5M | $2.1M | 75x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7287 | −0.066% | $31K | $840K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7336 | +0.038% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0752% | 1h | 4.7368 | +0.106% | $3.7M | $13.5M | 5x | as long as short |
Hyperliquid LIT
Binance LITUSDT
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Phemex LITUSDT
Bullet LIT-USD
OKX LIT-USDT-SWAP
Bybit LITUSDT
KuCoin LITUSDTM
01 Exchange LITUSD
GRVT LIT_USDT_Perp
Aftermath Perps LITUSD
Coinbase International LIT-PERP-INTX
Backpack LIT_USDC_PERP
RISEx LIT/USDC
Phoenix LIT
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
edgeX LITUSDC
MEXC LIT_USDT
Injective LIT/USDC PERP
SoDEX LIT-USD
Lighter LIT
Aster LITUSDT
Pacifica LIT
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT