Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.096%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1931.931% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.096%, 7d avg −0.080%
=Together, before fees+0.085%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WCT | 0.04267 | 0.0100 | pay 0.0013% / 1h | 9m 03s | $197K | $270K | 3x |
| Short | Binance WCTUSDT | 0.04263 | 0.0100 | get 0.0050% / 4h | 3h 09m | $2.0M | $2.6M | 25x |
Funding 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: −0.096% → −0.080%
- −$1.59
- Slippage, 4 orders
- −$174.06
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$194.64
- Costs to cover
- 1.931%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 70 min ago; Binance: live order book, 11 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, 70 min ago | 14.22 bp | 67.4 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.34 bp | 25.8 bp −$26 | 179.9 bp −$1,799 | 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 WCTlong | +0.0100% | 1h | 0.04267 | long leg | $197K | $270K | 3x | |
| Binance WCTUSDTshort | +0.0100% | 4h | 0.04263 | −0.096% | $2.0M | $2.6M | 25x | |
| Bybit WCTUSDT | +0.0100% | 4h | 0.04259 | −0.190% | $870K | $542K | 25x | as long as short |
| OKX WCT-USDT-SWAP | +0.0100% | 4h | 0.04257 | −0.237% | $387K | $581K | 20x | as long as short |
| Gate WCT_USDT | +0.0100% | 8h | 0.04276 | +0.209% | $105K | $46K | 25x | as long as short |
| MEXC WCT_USDT | +0.0100% | 4h | 0.04263 | −0.096% | $436K | $142K | 50x | as long as short |
| KuCoin WCTUSDTM | +0.0100% | 4h | 0.04269 | +0.045% | $130K | $30K | 25x | as long as short |
| Bitget WCTUSDT | +0.0100% | 4h | 0.04263 | −0.096% | $387K | $364K | 25x | as long as short |
| BingX WCT-USDT | +0.0100% | 4h | 0.04261 | −0.143% | — | $6.5M | — | as long as short |
| Variational Omni WCT | +0.0100% | 4h | 0.04262 | −0.126% | $8K | $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 | +0.0138% | 4h | 0.04265 | −0.049% | $98K | $5K | 50x | as long as short |
Hyperliquid WCT
Binance WCTUSDT
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