Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.077%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1181.176% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.077%, 7d avg +0.084%
=Together, before fees+0.069%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUALUSDT | 0.01393 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $2.2M | $3.1M | 50x |
| Short | Hyperliquid USUAL | 0.01394 | 0.0100 | get 0.0013% / 1h | 22m 35s | $399K | $170K | 3x |
Binance USUALUSDT
Hyperliquid USUALFunding 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: +0.077% → +0.084%
- −$0.74
- Slippage, 4 orders
- −$98.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$118.29
- Costs to cover
- 1.176%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Hyperliquid: live order book, 7 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, 13 min ago | 3.26 bp | 25.8 bp −$26 | 142.0 bp −$1,420 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 3.60 bp | 29.5 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
USUAL on 11 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 USUAL/USDC PERP | −0.4981% | 1h | 0.01375 | −1.287% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0745% | 1h | 0.01392 | −0.032% | $113K | $18K | 10x | as long as short |
| Hyperliquid USUALshort | +0.0100% | 1h | 0.01394 | +0.077% | $399K | $170K | 3x | |
| Binance USUALUSDTlong | +0.0100% | 4h | 0.01393 | long leg | $2.2M | $3.1M | 50x | |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01396 | +0.192% | $1.1M | $722K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01394 | +0.077% | $942K | $102K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01393 | +0.027% | $6.1M | $229K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01393 | +0.005% | $274K | $56K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01395 | +0.149% | $834K | $341K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01393 | −0.009% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01389 | −0.260% | $10K | $208 | — | as long as short |
Variational Omni USUAL