Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.093%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$640.635% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.093%, 7d avg +0.060%
=Together, before fees−0.016%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 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 0.033% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SUSHIUSDT | 0.2551 | 0.0100 | pay 0.0100% / 8h | 59m 50s | $3.9M | $9.0M | 75x |
| Short | Hyperliquid SUSHI | 0.2554 | 0.0100 | get 0.0013% / 1h | 59m 50s | $357K | $407K | 3x |
Binance SUSHIUSDT
Hyperliquid SUSHIFunding 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: +0.093% → +0.060%
- $3.29
- Slippage, 4 orders
- −$44.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$60.22
- Costs to cover
- 0.635%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Hyperliquid: live order book, 70 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, 10 min ago | 1.97 bp | 15.5 bp −$15 | 30.8 bp −$308 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 70 min ago | 2.38 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
SUSHI on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | −0.252% | $16 | $18K | 5.5x | as long as short |
| Bitget SUSHIUSDT | +0.0073% | 8h | 0.2550 | −0.056% | $1.0M | $698K | 50x | as long as short |
| BloFin SUSHI-USDT | +0.0091% | 8h | 0.2547 | −0.174% | $213K | $65K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0096% | 1h | 0.2553 | +0.081% | $767K | $69K | 20x | as long as short |
| Hyperliquid SUSHIshort | +0.0100% | 1h | 0.2554 | +0.093% | $357K | $407K | 3x | |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2552 | +0.008% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDTlong | +0.0100% | 8h | 0.2551 | long leg | $3.9M | $9.0M | 75x | |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2549 | −0.111% | $2.6M | $2.5M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2553 | +0.062% | $1.7M | $3.1M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2552 | +0.022% | $564K | $304K | 50x | as long as short |
Injective SUSHI/USDC PERP
Bitget SUSHIUSDT
BloFin SUSHI-USDT
Kraken Futures PF_SUSHIUSD
Aster SUSHIUSDT
Bybit SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2552 | +0.022% | $1.3M | $355K | 75x | as long as short |
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2552 | +0.022% | $1.2M | $236K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2553 | +0.062% | — | $2.5M | — | as long as short |
| Variational Omni SUSHI | +0.0100% | 8h | 0.2546 | −0.226% | $41K | $14K | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2555 | +0.140% | $86K | $52K | 75x | as long as short |
MEXC SUSHI_USDT
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
Variational Omni SUSHI
HTX SUSHI-USDT