Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Binance against Hyperliquid−0.113%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$760.757% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.113%, 7d avg −0.112%
=Together, before fees−0.026%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kLUNC | 0.00005544 | 0.0100 | pay 0.0013% / 1h | 1m 51s | $288K | $126K | 3x |
| Short | Binance 1000LUNCUSDT | 0.00005537 | 0.0100 | get 0.0100% / 8h | 1h 01m | $4.2M | $8.4M | 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
- $0
- Price spread: −0.113% → −0.112%
- −$0.08
- Slippage, 4 orders
- −$56.74
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$75.82
- Costs to cover
- 0.757%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 68 min ago; Binance: live order book, 7 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 Hyperliquid live order book, 68 min ago | 2.26 bp | 25.2 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.90 bp | 14.7 bp −$15 | 48.2 bp −$482 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kLUNClong | +0.0100% | 1h | 0.00005544 | long leg | $288K | $126K | 3x | |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005532 | −0.204% | $48K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDTshort | +0.0100% | 8h | 0.00005537 | −0.113% | $4.2M | $8.4M | 75x | |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005542 | −0.029% | $2.0M | $751K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005542 | −0.029% | $395K | $280K | 75x | as long as short |
| MEXC LUNC_USDT | +0.0100% | 8h | 0.00005535 | −0.155% | $17.0M | $1.5M | 200x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005533 | −0.191% | $1.1M | $623K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005540 | −0.065% | — | $2.1M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005536 | −0.139% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005530 | −0.245% | $388K | $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 | +0.1535% | 8h | 0.00005545 | +0.025% | $1.8M | $820K | 50x | as long as short |
Hyperliquid kLUNC
Binance 1000LUNCUSDT
Aster 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
MEXC LUNC_USDT
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USD
BloFin 1000LUNC-USDT
KuCoin LUNCUSDTM