Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid0.000%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$630.634% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now 0.000%, 7d avg +0.023%
=Together, before fees−0.001%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 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 0.023% cheaper against Hyperliquid than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PEOPLE | 0.009118 | 0.0100 | pay 0.0013% / 1h | 51m 14s | $424K | $215K | 3x |
| Short | Binance PEOPLEUSDT | 0.009118 | 0.0100 | get 0.0100% / 8h | 2h 51m | $5.5M | $15.2M | 50x |
Hyperliquid PEOPLE
Binance PEOPLEUSDTFunding 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: 0.000% → +0.023%
- −$2.34
- Slippage, 4 orders
- −$44.43
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$65.77
- Costs to cover
- 0.634%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 33 min ago; Binance: live order book, 4 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, 33 min ago | 1.09 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.09 bp | 16.5 bp −$17 | 43.1 bp −$431 | 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 | −0.1446% | 1h | 0.009111 | −0.081% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0149% | 8h | 0.009106 | −0.132% | $660K | $124K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0126% | 8h | 0.009125 | +0.076% | $6K | $4K | — | as long as short |
| Bybit PEOPLEUSDT | −0.0005% | 8h | 0.009116 | −0.022% | $1.6M | $2.1M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0094% | 8h | 0.009119 | +0.011% | $765K | $1.4M | 50x | as long as short |
| Hyperliquid PEOPLElong | +0.0100% | 1h | 0.009118 | long leg | $424K | $215K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009114 | −0.046% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDTshort | +0.0100% | 8h | 0.009118 | 0.000% | $5.5M | $15.2M | 50x | |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009113 | −0.055% | $3.3M | $8.4M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009121 | +0.033% | $665K | $302K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Bybit PEOPLEUSDT
Gate PEOPLE_USDT
Aster PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009117 | −0.011% | $1.6M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009115 | −0.033% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009121 | +0.033% | $43K | $51K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0100% | 8h | 0.009112 | −0.066% | $350K | $85K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009115 | −0.035% | $182 | — | 5x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
BloFin PEOPLE-USDT
Extended PEOPLE-USD