Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance−0.117%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$710.711% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.239%+$24 · spread now −0.117%, 7d avg −0.020%
=Together, before fees+0.272%+ Points / potential airdropHyperliquid: Season 2 · farm board+$27 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 0.098% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PEOPLEUSDT | 0.009362 | 0.0100 | pay 0.0100% / 8h | 4h 28m | $5.8M | $16.6M | 50x |
| Short | Hyperliquid PEOPLE | 0.009351 | 0.0100 | get 0.0013% / 1h | 28m 37s | $430K | $226K | 3x |
Binance PEOPLEUSDT
Hyperliquid PEOPLEFunding 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: −0.117% → −0.020%
- −$9.76
- Slippage, 4 orders
- −$52.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$80.87
- Costs to cover
- 0.711%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Hyperliquid: live order book, 61 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 | 0.54 bp | 18.5 bp −$18 | 58.1 bp −$581 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 61 min ago | 1.61 bp | 18.3 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
PEOPLE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEOPLEUSD | −0.0875% | 1h | 0.009352 | −0.106% | $35K | $46K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0136% | 8h | 0.009356 | −0.064% | $746K | $1.5M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0021% | 8h | 0.009333 | −0.311% | $6K | $2K | — | as long as short |
| KuCoin PEOPLEUSDTM | −0.0011% | 8h | 0.009350 | −0.128% | $665K | $151K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0075% | 8h | 0.009355 | −0.074% | $356K | $100K | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0075% | 8h | 0.009351 | −0.117% | $1.7M | $2.4M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0099% | 8h | 0.009355 | −0.074% | $695K | $300K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009354 | −0.085% | $3.3M | $8.9M | 20x | as long as short |
| Hyperliquid PEOPLEshort | +0.0100% | 1h | 0.009351 | −0.117% | $430K | $226K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009349 | −0.141% | $10K | $84K | 5x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
BloFin PEOPLE-USDT
Bybit PEOPLEUSDT
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
Aster PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PEOPLEUSDTlong | +0.0100% | 8h | 0.009362 | long leg | $5.8M | $16.6M | 50x | |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009359 | −0.032% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009358 | −0.042% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009347 | −0.160% | $44K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009354 | −0.080% | $187 | — | 5x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD