Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against Binance+0.130%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$740.737% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.130%, 7d avg +0.084%
=Together, before fees+0.071%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 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 0.045% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APEUSDT | 0.1467 | 0.0100 | pay 0.0100% / 8h | 7h 57m | $4.1M | $7.3M | 50x |
| Short | Hyperliquid APE | 0.1469 | 0.0100 | get 0.0013% / 1h | 57m 50s | $1.3M | $375K | 5x |
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: +0.130% → +0.084%
- $4.54
- Slippage, 4 orders
- −$54.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$69.16
- Costs to cover
- 0.737%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Hyperliquid: live order book, 3 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, 11 min ago | 3.41 bp | 15.2 bp −$15 | 85.0 bp −$850 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.70 bp | 23.9 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
APE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1466 | −0.046% | $1K | — | 100x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1467 | +0.020% | $9K | — | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.817% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.073% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0094% | 8h | 0.1470 | +0.198% | $216K | $59K | 75x | as long as short |
| Hyperliquid APEshort | +0.0100% | 1h | 0.1469 | +0.130% | $1.3M | $375K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1468 | +0.054% | $122K | $20K | 10x | as long as short |
| Binance APEUSDTlong | +0.0100% | 8h | 0.1467 | long leg | $4.1M | $7.3M | 50x | |
| Bybit APEUSDT | +0.0100% | 8h | 0.1467 | −0.034% | $3.6M | $2.9M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1467 | −0.007% | $1.3M | $1.5M | 20x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1467 | 0.000% | $635K | $305K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1467 | −0.007% | $4.2M | $759K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1468 | +0.061% | $1.8M | $4.1M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1467 | −0.007% | $2.1M | $610K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1468 | +0.061% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1467 | −0.010% | $5K | $14K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1467 | +0.027% | $6K | $208K | 10x | as long as short |
| Kraken Futures PF_APEUSD | +0.0356% | 1h | 0.1468 | +0.037% | $400K | $694K | 20x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0432% | 1h | 0.1468 | +0.061% | $5K | $24K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1104% | 1h | 0.1484 | +1.152% | $100K | $8K | 25x | as long as short |
Binance APEUSDT
Hyperliquid APE
GMX APE/USD [APE-USDC]
Injective APE/USDC PERP
BloFin APE-USDT
Aster APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Kraken Futures PF_APEUSD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX