Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.02244+0.0100pay 0.0050% / 4h18m 19s$1.7M$918K25xLong Binance
SHORT0.02242+0.0100get 0.0013% / 1h18m 19s$1.5M$138K3xShort Hyperliquid4% off
Price gap−0.118%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$8 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$30.0000% /8h now · paid −0.034% over the last 7D
Price+$8spread −0.118% now, avg −0.197% → +0.079% if it goes back
Costs−$1261.262% of $10k · taker + slippage, in and out
Result−$122−1.22%+ Points / potential airdropHyperliquid: Season 2 · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.118%
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

STBL on 12 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size37.3 / 30.4 bp
    At $10k entering Binance costs 37.3 bp, fee and slippage, 1.2× Hyperliquid’s.
  • Note: Margin at max leverage$400 + $3,333
    Binance 25x, Hyperliquid 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 6 payments, −$3.00; short Hyperliquid: 24 payments, +$3.00.
  • OK: Entry gap works for you−0.118% vs −0.197%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Short leg is thinner$1.5M vs $1.7M OI
    Both legs are deep; Hyperliquid is the smaller one.
  • OK: Points on a legHyperliquid Season 2
    Volume here counts toward the points program.
  • Watch: KYCBinance Yes · Hyperliquid No
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0016%/8h × 21 periods−$3.37
Price spread−0.118% → −0.197% (7d avg)+$7.92
Slippage, 4 orderslive order books−$107.24
Fee Binance bp × 2 orders−$10.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k−$121.69
Costs to cover1.262%Break-evennever at this rate
Slippage: Binance: live order book, 7 min ago; Hyperliquid: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance2.2237.3 bp−$37522.8 bp−$5,228doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid1.7830.4 bp−$30doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert