Settings8H · net · $10k
Funding arb · Price arb /

XAI

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance−0.014%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1251.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 4 days (all we have)−0.082%−$8 · spread now −0.014%, 7d avg −0.050%
Together, before fees−0.125%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 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 0.037% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAIUSDT0.0079710.0100pay 0.0050% / 4h1h 44m$1.6M$2.1M25x
ShortHyperliquid XAI0.0079700.0100get 0.0013% / 1h44m 59s$408K$67K3x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.014% → −0.050%
$3.67
Slippage, 4 orders
−$105.74
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$121.07
Costs to cover
1.247%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Hyperliquid: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago3.77 bp27.5 bp −$27107.6 bp −$1,076doesn't fitdoesn't fit
Sell Hyperliquid live order book, 55 min ago6.28 bp37.3 bp −$37doesn't fitdoesn't fitdoesn't fit

XAI on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid XAIshort+0.0100%1h0.007970−0.014%$408K$67K3x
Aster XAIUSDT+0.0100%4h0.007971+0.003%$5K$19K5xas long as short
Binance XAIUSDTlong+0.0100%4h0.007971long leg$1.6M$2.1M25x
Bybit XAIUSDT+0.0100%4h0.007974+0.037%$655K$420K25xas long as short
Gate XAI_USDT+0.0100%4h0.007962−0.114%$81K$45K50xas long as short
MEXC XAI_USDT+0.0100%4h0.007975+0.049%$2.0M$441K50xas long as short
KuCoin XAIUSDTM+0.0100%4h0.007980+0.112%$178K$45K25xas long as short
Bitget XAIUSDT+0.0100%4h0.007973+0.024%$443K$262K25xas long as short
BingX XAI-USDT+0.0100%4h0.007974+0.037%$2.3Mas long as short
BloFin XAI-USDT+0.0123%4h0.007958−0.164%$160K$20K25xas long as short