Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.115%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1431.428% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.115%, 7d avg +0.076%
=Together, before fees−0.104%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 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 0.039% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WCTUSDT | 0.04164 | 0.0100 | pay 0.0050% / 4h | 1h 52m | $1.9M | $2.4M | 25x |
| Short | Hyperliquid WCT | 0.04169 | 0.0100 | get 0.0013% / 1h | 52m 07s | $186K | $260K | 3x |
Funding 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: +0.115% → +0.076%
- $3.9
- Slippage, 4 orders
- −$123.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$138.95
- Costs to cover
- 1.428%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Hyperliquid: live order book, 17 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 | 3.61 bp | 25.3 bp −$25 | 278.7 bp −$2,787 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 17 min ago | 3.12 bp | 40.8 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
WCT 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WCTshort | +0.0100% | 1h | 0.04169 | +0.115% | $186K | $260K | 3x | |
| Binance WCTUSDTlong | +0.0100% | 4h | 0.04164 | long leg | $1.9M | $2.4M | 25x | |
| Bybit WCTUSDT | +0.0100% | 4h | 0.04157 | −0.168% | $888K | $478K | 25x | as long as short |
| OKX WCT-USDT-SWAP | +0.0100% | 4h | 0.04161 | −0.072% | $382K | $576K | 20x | as long as short |
| Gate WCT_USDT | +0.0100% | 8h | 0.04161 | −0.072% | $104K | $48K | 25x | as long as short |
| MEXC WCT_USDT | +0.0100% | 4h | 0.04164 | 0.000% | $352K | $124K | 50x | as long as short |
| KuCoin WCTUSDTM | +0.0100% | 4h | 0.04169 | +0.120% | $134K | $28K | 25x | as long as short |
| Bitget WCTUSDT | +0.0100% | 4h | 0.04170 | +0.144% | $388K | $306K | 25x | as long as short |
| BingX WCT-USDT | +0.0100% | 4h | 0.04163 | −0.024% | — | $6.5M | — | as long as short |
| Variational Omni WCT | +0.0100% | 4h | 0.04157 | −0.177% | $7K | $2K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin WCT-USDT | +0.0106% | 4h | 0.04164 | 0.000% | $97K | $3K | 50x | as long as short |
Binance WCTUSDT
Hyperliquid WCT
Bybit WCTUSDT
OKX WCT-USDT-SWAP
Gate WCT_USDT
MEXC WCT_USDT
KuCoin WCTUSDTM
Bitget WCTUSDT
BingX WCT-USDT
Variational Omni WCT
BloFin WCT-USDT