Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.122%
Price spread now: Binance against Hyperliquid−0.023%7-day average −0.124% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.167%−$17 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now −0.023%, 7d avg −0.124%
=Together, before fees−0.226%+ Points / potential airdropHyperliquid: Season 2 · farm board−$23 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: Binance is 0.101% dearer against Hyperliquid than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MON | 0.02589 | 0.0100 | pay 0.0013% / 1h | 41m 50s | $34.9M | $7.5M | 5x |
| Short | Binance MONUSDT | 0.02588 | 0.0100 | get 0.0050% / 4h | 2h 41m | $24.6M | $24.5M | 75x |
Hyperliquid MON
Binance MONUSDTFunding 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: −0.023% → −0.124%
- $10.13
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$8.87
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; Binance: live order book, 14 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, 11 min ago | 0.58 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.93 bp | 18.1 bp −$18 | 61.7 bp −$617 | 304.7 bp −$30.5K | doesn't fit |
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0739% | 1h | 0.02587 | −0.062% | $6K | $107 | 5.5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0252% | 1h | 0.02588 | −0.012% | $63K | $110K | 25x | as long as short |
| 01 Exchange MONUSD | −0.0168% | 1h | 0.02584 | −0.189% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02587 | −0.073% | $13K | $384K | 5x | as long as short |
| Bybit MONUSDT | +0.0014% | 8h | 0.02585 | −0.120% | $21.6M | $11.8M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0093% | 4h | 0.02585 | −0.139% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02588 | −0.023% | $848K | $753K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02587 | −0.064% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02587 | −0.051% | $350K | $534K | 10x | as long as short |
| Hyperliquid MONlong | +0.0100% | 1h | 0.02589 | long leg | $34.9M | $7.5M | 5x |
Injective MON/USDC PERP
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02587 | −0.059% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02588 | −0.029% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02588 | −0.023% | $143K | $107K | 3x | as long as short |
| Binance MONUSDTshort | +0.0100% | 4h | 0.02588 | −0.023% | $24.6M | $24.5M | 75x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02585 | −0.139% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02575 | −0.525% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02588 | −0.023% | $1.0M | $929K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02588 | −0.023% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02584 | −0.197% | $776K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02583 | −0.214% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02586 | −0.100% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02583 | −0.216% | $69K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02587 | −0.062% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02590 | +0.037% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02587 | −0.062% | $39K | — | 3x | as long as short |
| BloFin MON-USDT | +0.0116% | 4h | 0.02585 | −0.139% | $1.4M | $242K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0131% | 1h | 0.02592 | +0.116% | $263K | $63K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02588 | −0.012% | $9K | — | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0264% | 1h | 0.02588 | −0.035% | $137K | $137K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0342% | 4h | 0.02593 | +0.170% | $3.2M | $762K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0346% | 1h | 0.02585 | −0.121% | $2K | $73K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02588 | −0.035% | $145K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02595 | +0.267% | $114K | $51K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
BloFin MON-USDT
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
Backpack MON_USDC_PERP
KuCoin MONUSDTM
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX