Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.004%7-day average −0.032% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.004%, 7d avg −0.032%
=Together, before fees−0.065%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 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 0.035% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEUSDT | 0.07371 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $2.1M | $3.8M | 50x |
| Short | Hyperliquid ME | 0.07371 | 0.0100 | get 0.0013% / 1h | 45m 45s | $232K | $99K | 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: +0.004% → −0.032%
- $3.54
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$15.46
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; Hyperliquid: live order book, 42 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 Binance live order book, 10 min ago | 1.35 bp | 21.3 bp −$21 | 175.1 bp −$1,751 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 42 min ago | 1.35 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MEUSDT | −0.0726% | 4h | 0.07370 | −0.010% | $1.5M | $621K | 25x | as long as short |
| BloFin ME-USDT | +0.0085% | 4h | 0.07378 | +0.099% | $111K | $7K | 50x | as long as short |
| Hyperliquid MEshort | +0.0100% | 1h | 0.07371 | +0.004% | $232K | $99K | 3x | |
| Aster MEUSDT | +0.0100% | 4h | 0.07374 | +0.040% | $24K | $5K | 5x | as long as short |
| Binance MEUSDTlong | +0.0100% | 4h | 0.07371 | long leg | $2.1M | $3.8M | 50x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07362 | −0.118% | $471K | $975K | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07370 | −0.010% | $203K | $66K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07371 | +0.004% | $493K | $125K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07383 | +0.167% | $206K | $27K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07376 | +0.072% | $638K | $416K | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07369 | −0.023% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07381 | +0.133% | $11K | $1K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07370 | −0.008% | $26K | — | 15x | as long as short |
Binance MEUSDT
Hyperliquid ME
Bybit MEUSDT
BloFin ME-USDT
Aster MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDT
Variational Omni ME