Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.02244 | +0.0100 | pay 0.0050% / 4h | 18m 19s | $1.7M | $918K | 25x | Long Binance | |
| SHORT | 0.02242 | +0.0100 | get 0.0013% / 1h | 18m 19s | $1.5M | $138K | 3x | Short 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 forecastFunding−$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
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
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
/8hSTBL on 12 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size37.3 / 30.4 bpAt $10k entering Binance costs 37.3 bp, fee and slippage, 1.2× Hyperliquid’s.
- Note: Margin at max leverage$400 + $3,333Binance 25x, Hyperliquid 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments 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 OIBoth legs are deep; Hyperliquid is the smaller one.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- Watch: KYCBinance Yes · Hyperliquid NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding 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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.

