Funding you earn now, next payment 06:00 UTC−0.0569%/8h= −62.3% APRpaid last 24h −0.237%
Price spread now: Binance against Hyperliquid−0.073%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$810.807% of the position
Funding, last 7 days−0.502%−$50 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.073%, 7d avg −0.044%
=Together, before fees−0.463%+ Points / potential airdropHyperliquid: Season 2 · farm board−$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Binance is 0.029% cheaper against Hyperliquid than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.044%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BSV | 19.164 | 0.0669 | pay 0.0084% / 1h | 18m 08s | $691K | $292K | 3x |
| Short | Binance BSVUSDT | 19.150 | 0.0100 | get 0.0050% / 4h | 2h 18m | $1.8M | $4.2M | 75x |
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
- −$119.49
- Price spread: −0.073% → −0.044%
- −$2.94
- Slippage, 4 orders
- −$61.7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$203.14
- Costs to cover
- 0.807%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 62 min ago; Binance: live order book, 4 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, 62 min ago | 1.82 bp | 23.7 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.63 bp | 25.7 bp −$26 | 88.3 bp −$883 | doesn't fit | doesn't fit |
BSV on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BSV-USDT | +0.0055% | 4h | 19.100 | −0.334% | $120K | $213K | 75x | as long as short |
| Binance BSVUSDTshort | +0.0100% | 4h | 19.150 | −0.073% | $1.8M | $4.2M | 75x | |
| Bybit BSVUSDT | +0.0100% | 4h | 19.125 | −0.204% | $1.7M | $1.4M | 75x | as long as short |
| Gate BSV_USDT | +0.0100% | 4h | 19.120 | −0.230% | $1.7M | $2.7M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 19.130 | −0.177% | $2.4M | $691K | 125x | as long as short |
| KuCoin BSVUSDTM | +0.0100% | 4h | 19.060 | −0.543% | $669K | $85K | 30x | as long as short |
| Bitget BSVUSDT | +0.0100% | 4h | 19.060 | −0.543% | $2.0M | $846K | 75x | as long as short |
| BingX BSV-USDT | +0.0100% | 4h | 19.170 | +0.031% | — | $2.4M | — | as long as short |
| Injective BSV/USDC PERP | +0.0331% | 1h | 19.050 | −0.595% | $4K | $94K | 5.5x | as long as short |
| Hyperliquid BSVlong | +0.0669% | 1h | 19.164 | long leg | $691K | $292K | 3x |
Hyperliquid BSV
Binance BSVUSDT
BloFin BSV-USDT
Bybit BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
KuCoin BSVUSDTM
Bitget BSVUSDT
BingX BSV-USDT
Injective BSV/USDC PERP