Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 90.239 | spot | no funding | — | — | $5.3M | 1x | Buy Hyperliquid Spot4% off | |
| SHORT | 90.490 | −0.0054 | pay 0.0007% / 1h | 48m 49s | $513.7M | $341.0M | 20x | Short Hyperliquid4% off |
Price gap+0.279%
Funding gap−0.0054% /8h
The gap pays +$19 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 12 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$17−0.0054% /8h now · paid +0.172% over the last 7D
Price+$19spread +0.279% now, avg +0.084% → +0.195% if it goes back
Costs−$300.305% of $10k · taker + slippage, in and out
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.279%
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
/8hSOL on 55 exchanges
lowest funding firstBefore you open
5 ok · 0 to watch- OK: Fits both order books10.7 / 5.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Spot in full, margin on the short$10,000 + $500The spot leg is bought with the whole $10k; Hyperliquid runs at up to 20x. 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— / 1hThe spot leg pays no funding; Hyperliquid settles every 1h.Next 24h at the current rates, on $10k a leg: −$1.63Long Hyperliquid Spot: 0 payments, $0.00; short Hyperliquid: 24 payments, −$1.63.
- OK: Entry gap works for you+0.279% vs +0.084%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$513.7M OIOnly Hyperliquid reports one; the spot book's depth is in the cost check above.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legHyperliquid Spot No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0082%/8h × 21 periods+$17.17
Price spread+0.279% → +0.084% (7d avg)+$19.47
Slippage, 4 orderslive order books−$7.46
Fee Hyperliquid Spot bp × 2 orders−$14.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k+$6.18
Costs to cover0.305%Break-even4.5 days
Slippage: Hyperliquid Spot: live order book, 9 min ago; Hyperliquid: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid Spot2.3410.7 bp−$1115.1 bp−$151doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid0.675.2 bp−$56.5 bp−$6510.5 bp−$1,04822.3 bp−$11.2K
Closing costs about the same again.
SOL news
posts that mention SOL, from every exchange| 11-05 15:14 | Injective | Other | @Nasdaq @BitGo 4/ $INJ now joins $BTC, $ETH and $SOL among the few major crypto assets with a dedicated U.S. ETF. A major step in bringing Injective to traditional capital markets. @injective on X ↗ |
| 11-05 13:48 | Pacifica | Other | How does BTC’s performance compare to ETH and SOL? With Neptune, you’ll be able to turn that question into a dashboard, showing how each asset performed, how far it fell from its highs, and how closely their prices moved together. Choose the assets and timeframe in plain language, and explore the results within your workspace. @pacifica_fi on X ↗ |
| 11-05 08:42 | KuCoin | Other | 50,000 USDT in rewards for depositing and parking idle USDT, BTC, ETH, USDC, SOL with KuCoin, Trust Built-In. The more you deposit, the larger your share is. Deposit to Earn now: @kucoincom on X ↗ |
| 11-04 18:52 | Phoenix | Product | Tailwind Rewards are now live on Phoenix. Phoenix now pays back 10% of the funding you pay on BTC, ETH, SOL and HYPE, claimable daily in the Rewards Hub. Hold your view for less. @PhoenixTrade on X ↗ |
| 11-03 08:03 | Phemex | Other | Phemex’s November Proof of Reserves is here. 🔍 BTC 103.29% · ETH 113.54% SOL 133.06% · XRP 150.47% Transparency means being able to check the numbers yourself. View the reserve data and verify your balance with our Merkle-tree proof. Don’t trust. Verify: @Phemex_official on X ↗ |
| 11-03 07:08 | Binance | Other | Latest 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 ↗ |

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