Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.088%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$960.955% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.088%, 7d avg −0.083%
=Together, before fees+0.088%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid TURBO | 0.001063 | 0.0100 | pay 0.0013% / 1h | 43m 11s | $319K | $142K | 3x |
| Short | Binance TURBOUSDT | 0.001062 | 0.0100 | get 0.0050% / 4h | 1h 43m | $2.9M | $5.8M | 50x |
Hyperliquid TURBO
Binance TURBOUSDTFunding 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
- $0
- Price spread: −0.088% → −0.083%
- −$0.58
- Slippage, 4 orders
- −$76.52
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.1
- Costs to cover
- 0.955%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 56 min ago; Binance: live order book, 10 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 Hyperliquid live order book, 56 min ago | 4.71 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.83 bp | 25.5 bp −$25 | 75.5 bp −$755 | doesn't fit | doesn't fit |
TURBO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TURBOUSD | −0.0088% | 1h | 0.001063 | +0.030% | $68K | $28K | 20x | as long as short |
| Injective TURBO/USDC PERP | +0.0033% | 1h | 0.001069 | +0.564% | $83 | $4 | 5.5x | as long as short |
| Hyperliquid TURBOlong | +0.0100% | 1h | 0.001063 | long leg | $319K | $142K | 3x | |
| Aster TURBOUSDT | +0.0100% | 4h | 0.001060 | −0.247% | $9K | $20K | 10x | as long as short |
| Binance TURBOUSDTshort | +0.0100% | 4h | 0.001062 | −0.088% | $2.9M | $5.8M | 50x | |
| Bybit 1000TURBOUSDT | +0.0100% | 4h | 0.001062 | −0.132% | $398K | $732K | 25x | as long as short |
| OKX TURBO-USDT-SWAP | +0.0100% | 4h | 0.001062 | −0.066% | $920K | $1.9M | 20x | as long as short |
| Gate TURBO_USDT | +0.0100% | 4h | 0.001061 | −0.235% | $400K | $243K | 25x | as long as short |
| MEXC TURBO_USDT | +0.0100% | 4h | 0.001062 | −0.122% | $5.3M | $556K | 20x | as long as short |
| KuCoin TURBOUSDTM | +0.0100% | 4h | 0.001061 | −0.141% | $2.0M | $773K | 20x | as long as short |
Kraken Futures PF_TURBOUSD
Injective TURBO/USDC PERP
Aster TURBOUSDT
Bybit 1000TURBOUSDT
OKX TURBO-USDT-SWAP
Gate TURBO_USDT
MEXC TURBO_USDT
KuCoin TURBOUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TURBOUSDT | +0.0100% | 4h | 0.001064 | +0.094% | $1.0M | $475K | 25x | as long as short |
| BingX TURBO-USDT | +0.0100% | 4h | 0.001063 | −0.038% | — | $7.7M | — | as long as short |
| Extended TURBO-USD | +0.0104% | 1h | 0.001060 | −0.294% | $125 | $171K | 5x | as long as short |
| BloFin TURBO-USDT | +0.0150% | 4h | 0.001061 | −0.188% | $158K | $420K | 75x | as long as short |
Bitget TURBOUSDT
BingX TURBO-USDT
Extended TURBO-USD
BloFin TURBO-USDT