Funding you earn now, next payment 06:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h −0.077%
Price spread now: Binance against Hyperliquid+0.117%7-day average +0.174% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.117%, 7d avg +0.174%
=Together, before fees−0.179%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.057% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.174%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STBL | 0.02646 | 0.0185 | pay 0.0023% / 1h | 32m 37s | $1.9M | $257K | 3x |
| Short | Binance STBLUSDT | 0.02649 | 0.0100 | get 0.0050% / 4h | 2h 32m | $1.9M | $2.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. 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
- −$17.75
- Price spread: +0.117% → +0.174%
- −$5.65
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$42.4
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; Binance: live order book, 17 min ago. Net counts fees only.
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 Hyperliquid live order book, 8 min ago | 1.88 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 17 min ago | 3.75 bp | 46.9 bp −$47 | 257.9 bp −$2,579 | 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 | +0.0053% | 4h | 0.02649 | +0.117% | $126K | $21K | 50x | as long as short |
| Lighter STBL | +0.0096% | 1h | 0.02640 | −0.223% | $79K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02644 | −0.085% | $88K | $5K | 5x | as long as short |
| Binance STBLUSDTshort | +0.0100% | 4h | 0.02649 | +0.117% | $1.9M | $2.0M | 50x | |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02648 | +0.079% | $361K | $146K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02643 | −0.110% | $1.1M | $236K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02652 | +0.234% | $969 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02642 | −0.147% | $2K | $1.1M | 20x | as long as short |
| Hyperliquid STBLlong | +0.0185% | 1h | 0.02646 | long leg | $1.9M | $257K | 3x | |
| Bybit STBLUSDT | +0.0419% | 4h | 0.02647 | +0.042% | $1.5M | $654K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STBL-USDT | +0.0582% | 4h | 0.02649 | +0.117% | — | $6.6M | — | as long as short |
| Gate STBL_USDT | +0.1480% | 4h | 0.02654 | +0.306% | $1.2M | $95K | 50x | as long as short |
Hyperliquid STBL
Binance STBLUSDT
BloFin STBL-USDT
Lighter STBL
Aster STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
Bybit STBLUSDT
BingX STBL-USDT
Gate STBL_USDT