Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.072%
Price spread now: Hyperliquid against Binance−0.090%7-day average −0.174% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1591.588% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now −0.090%, 7d avg −0.174%
=Together, before fees+0.124%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 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 0.083% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.174%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STBLUSDT | 0.02655 | 0.0100 | pay 0.0050% / 4h | 37m 17s | $1.9M | $2.2M | 50x |
| Short | Hyperliquid STBL | 0.02653 | 0.0100 | get 0.0013% / 1h | 37m 17s | $2.0M | $278K | 3x |
Binance STBLUSDT
Hyperliquid STBLFunding 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: −0.090% → −0.174%
- $8.32
- Slippage, 4 orders
- −$139.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$150.48
- Costs to cover
- 1.588%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Hyperliquid: live order book, 3 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 | 1.88 bp | 59.8 bp −$60 | 385.1 bp −$3,851 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.19 bp | 25.1 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
STBL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin STBL-USDT | +0.0088% | 4h | 0.02658 | +0.113% | $127K | $21K | 50x | as long as short |
| Lighter STBL | +0.0096% | 1h | 0.02647 | −0.301% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBLshort | +0.0100% | 1h | 0.02653 | −0.090% | $2.0M | $278K | 3x | |
| Aster STBLUSDT | +0.0100% | 4h | 0.02647 | −0.284% | $89K | $6K | 5x | as long as short |
| Binance STBLUSDTlong | +0.0100% | 4h | 0.02655 | long leg | $1.9M | $2.2M | 50x | |
| Bybit STBLUSDT | +0.0100% | 4h | 0.02654 | −0.038% | $1.5M | $668K | 20x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02655 | 0.000% | $372K | $148K | 100x | as long as short |
| BingX STBL-USDT | +0.0100% | 4h | 0.02655 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02655 | −0.012% | $972 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02650 | −0.188% | $1K | $1.1M | 20x | as long as short |
BloFin STBL-USDT
Lighter STBL
Aster STBLUSDT
Bybit STBLUSDT
MEXC STBL_USDT
BingX STBL-USDT
Variational Omni STBL
SunX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STBLUSDTM | +0.0138% | 4h | 0.02655 | 0.000% | $1.1M | $233K | 20x | as long as short |
| Gate STBL_USDT | +0.0190% | 4h | 0.02662 | +0.264% | $1.2M | $116K | 50x | as long as short |
KuCoin STBLUSDTM
Gate STBL_USDT