Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against Binance+0.044%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$830.833% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.044%, 7d avg +0.112%
=Together, before fees+0.097%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 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 0.069% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.112%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000LUNCUSDT | 0.00005534 | 0.0100 | pay 0.0100% / 8h | 1h 56m | $4.2M | $8.4M | 75x |
| Short | Hyperliquid kLUNC | 0.00005536 | 0.0100 | get 0.0013% / 1h | 56m 51s | $287K | $125K | 3x |
Funding 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: +0.044% → +0.112%
- −$6.88
- Slippage, 4 orders
- −$64.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$90.17
- Costs to cover
- 0.833%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Hyperliquid: live order book, 13 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, 12 min ago | 0.90 bp | 15.3 bp −$15 | 53.5 bp −$535 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 2.26 bp | 23.1 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
LUNC 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDT | −0.1551% | 8h | 0.00005528 | −0.101% | $17.0M | $1.5M | 200x | as long as short |
| Hyperliquid kLUNCshort | +0.0100% | 1h | 0.00005536 | +0.044% | $287K | $125K | 3x | |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005527 | −0.125% | $48K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDTlong | +0.0100% | 8h | 0.00005534 | long leg | $4.2M | $8.4M | 75x | |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005531 | −0.047% | $2.0M | $747K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005531 | −0.047% | $395K | $277K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005521 | −0.227% | $1.1M | $623K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005534 | +0.007% | — | $2.1M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005531 | −0.041% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005526 | −0.137% | $390K | $37K | 75x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.1383% | 8h | 0.00005529 | −0.074% | $1.8M | $817K | 50x | as long as short |
Binance 1000LUNCUSDT
Hyperliquid kLUNC
MEXC LUNC_USDT
Aster 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USD
BloFin 1000LUNC-USDT
KuCoin LUNCUSDTM