Funding you earn now, next payment 23:00 UTC+0.0237%/8h= +25.9% APRpaid last 24h +0.043%
Price spread now: Hyperliquid against Binance+0.304%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$300.301% of the position
Funding, last 7 days+0.216%+$22 on $10k
+Price spread, last 7 days−0.241%−$24 · spread now +0.304%, 7d avg +0.078%
=Together, before fees−0.025%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hyperliquid is 0.227% dearer against Binance than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UNIUSDT | 8.8230 | 0.0100 | pay 0.0100% / 8h | 1h 41m | $216.7M | $588.6M | 75x |
| Short | Hyperliquid UNI | 8.8499 | 0.0337 | get 0.0042% / 1h | 41m 40s | $96.8M | $59.7M | 10x |
Binance UNIUSDT
Hyperliquid UNIFunding 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
- $49.68
- Price spread: +0.304% → +0.078%
- $22.66
- Slippage, 4 orders
- −$11.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $42.28
- Costs to cover
- 0.301%
- Break-even
- 1.0 days
Slippage from Binance: live order book, 2 min ago; Hyperliquid: live order book, 12 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, 2 min ago | 0.57 bp | 7.5 bp −$7 | 12.0 bp −$120 | 38.1 bp −$3,807 | 174.0 bp −$87.0K |
| Sell Hyperliquid live order book, 12 min ago | 0.40 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
UNI on 40 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0078% | 8h | 8.7827 | −0.458% | $3.9M | $4.7M | — | as long as short |
| Bybit UNIUSDT | −0.0029% | 8h | 8.8150 | −0.091% | $100.7M | $104.4M | 75x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8296 | +0.074% | $79K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.7900 | −0.374% | $657 | $96K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0035% | 8h | 8.8160 | −0.080% | $54.7M | $243.1M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0048% | 1h | 8.8289 | +0.066% | $441 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0051% | 1h | 8.8339 | +0.123% | $562K | $157K | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8333 | +0.117% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8165 | −0.074% | $846K | $4.0M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8385 | +0.175% | $1.0M | $3.4M | 50x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.8362 | +0.150% | $298K | $579K | 10x | as long as short |
| Binance UNIUSDTlong | +0.0100% | 8h | 8.8230 | long leg | $216.7M | $588.6M | 75x | |
| Arcus UNI-USD | +0.0100% | 1h | 8.8380 | +0.170% | $272K | $606K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8350 | +0.136% | $22.9M | $58.4M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8350 | +0.136% | $42.6M | $24.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8350 | +0.136% | $13.5M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8360 | +0.147% | $32.1M | $41.3M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8280 | +0.056% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8303 | +0.082% | $979K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8157 | −0.083% | $166K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8080 | −0.170% | $622K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8030 | −0.227% | $87K | $714K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8280 | +0.056% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8272 | +0.047% | $87K | $350K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8270 | +0.045% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8335 | +0.119% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8265 | +0.039% | $25K | $668K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8433 | +0.230% | $725K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8320 | +0.102% | $26.6M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8303 | +0.083% | $300K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8203 | −0.031% | $31K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0139% | 1h | 8.8390 | +0.181% | $245K | $6K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8280 | +0.056% | $9.8M | $3.3M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0224% | 1h | 8.8350 | +0.136% | $1.0M | $5.2M | 50x | as long as short |
| Hyperliquid UNIshort | +0.0337% | 1h | 8.8499 | +0.304% | $96.8M | $59.7M | 10x | |
| Kraken Futures PF_UNIUSD | +0.0343% | 1h | 8.8325 | +0.107% | $4.9M | $7.0M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0361% | 1h | 8.8245 | +0.016% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0319% | 1h | 8.8298 | +0.077% | $553K | — | 120x | as long as short |
| Lighter UNI | +0.0536% | 1h | 8.8519 | +0.327% | $4.5M | $5.2M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0608% | 1h | 8.8078 | −0.173% | $1K | $49K | 10x | as long as short |
Pacifica UNI
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Lighter UNI
Aftermath Perps UNIUSD