Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.003940spotno funding——$1.9M1xBuy Hyperliquid Spot4% off
SHORT0.003966+0.0100get 0.0013% / 1h48m 48s$91.9M$58.0M10xShort Hyperliquid4% off
Price gap+0.650%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.537% above its 7d average: +$54 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$21+0.0100% /8h now · paid +0.208% over the last 7D
Price+$54spread +0.650% now, avg +0.113% → +0.537% if it goes back
Costs−$560.561% of $10k · taker + slippage, in and out
Result+$18+0.18%+ Points / potential airdropHyperliquid: Season 2 · farm board

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.650%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PUMP on 48 exchanges

lowest funding first

Before you open

5 ok · 0 to watch
  • OK: Fits both order books14.7 / 7.0 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Spot in full, margin on the short$10,000 + $1,000
    The spot leg is bought with the whole $10k; Hyperliquid runs at up to 10x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Hyperliquid.
  • OK: Only the short pays funding— / 1h
    The spot leg pays no funding; Hyperliquid settles every 1h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Hyperliquid Spot: 0 payments, $0.00; short Hyperliquid: 24 payments, +$3.00.
  • OK: Entry gap works for you+0.650% vs +0.113%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$91.9M OI
    Only Hyperliquid reports one; the spot book's depth is in the cost check above.
  • OK: Points on a legHyperliquid Season 2
    Volume here counts toward the points program.
  • OK: No KYC on either legHyperliquid Spot No · Hyperliquid No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0099%/8h × 21 periods+$20.76
Price spread+0.650% → +0.113% (7d avg)+$53.70
Slippage, 4 orderslive order books−$33.08
Fee Hyperliquid Spot bp × 2 orders−$14.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k+$18.38
Costs to cover0.561%Break-even0.8 days
Slippage: Hyperliquid Spot: live order book, 9 min ago; Hyperliquid: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGHyperliquid Spot3.4414.7 bp−$1544.8 bp−$448doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid2.537.0 bp−$713.8 bp−$13839.5 bp−$3,946182.7 bp−$91.3K

Closing costs about the same again.

Alert

PUMP news

posts that mention PUMP, from every exchange
11-03 07:08BinanceOtherLatest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗
10-31 16:14DeriveContestOctober at Derive: ➤ V3 Live. Launched with Ethereum custody, ZK proofs, sub-millisecond matching and no-code vaults. ➤ Governance. Submitted a CFTC comment letter on conflicts and affiliations. Proposed expansion into US-regulated derivatives markets through governance. ➤ Volume. $3.47B month to date, including $2.94B in options and ~$4B open interest. ➤ Trading. Added RFQ Price Protection, PUMP and VVV markets as well as LIT as collateral. ➤ HYPE. Integrating Elysium by @Kinetiq_xyz. Launched Road to Expiry with Kinetiq, a HYPE options contest with a ~$40k prize pool. Lowered margin and more borrowing power against HYPE and kHYPE. @DeriveXYZ on X ↗
10-29 16:57Katana PerpsListingnew market PUMP-USD ($PUMP) seen by our collector
10-28 16:00OKXOtherEurope, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗
10-23 09:05ReyaListingnew market PUMPRUSDPERP ($PUMP) seen by our collector
10-15 05:29DeriveListing$PUMP options and perps are live on Derive. Block-size trades have already printed via RFQ. The order book is now just as tradeable, with deep liquidity on screen. @DeriveXYZ on X ↗