Funding you earn now, next payment 08:00 UTC−0.0495%/8h= −54.2% APRpaid last 24h −0.187%
Price spread now: Binance against Hyperliquid−0.208%7-day average −0.207% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$670.670% of the position
Funding, last 7 days−0.349%−$35 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.208%, 7d avg −0.207%
=Together, before fees−0.313%+ Points / potential airdropHyperliquid: Season 2 · farm board−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.207%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CFX | 0.05339 | 0.0595 | pay 0.0074% / 1h | 43m 16s | $3.2M | $400K | 5x |
| Short | Binance CFXUSDT | 0.05328 | 0.0100 | get 0.0100% / 8h | 43m 16s | $5.3M | $10.0M | 75x |
Hyperliquid CFX
Binance CFXUSDTFunding 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
- −$104.02
- Price spread: −0.208% → −0.207%
- −$0.08
- Slippage, 4 orders
- −$47.97
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$171.06
- Costs to cover
- 0.670%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 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, 8 min ago | 1.50 bp | 21.5 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.94 bp | 19.5 bp −$19 | 49.8 bp −$498 | 491.2 bp −$49.1K | doesn't fit |
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05327 | −0.225% | $4K | $41K | 5x | as long as short |
| Binance CFXUSDTshort | +0.0100% | 8h | 0.05328 | −0.208% | $5.3M | $10.0M | 75x | |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05331 | −0.157% | $2.5M | $1.4M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05326 | −0.251% | $2.6M | $5.6M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05329 | −0.195% | $1.1M | $2.3M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05327 | −0.232% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05329 | −0.195% | $806K | $294K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05329 | −0.195% | $1.5M | $1.3M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05331 | −0.157% | — | $22.6M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05335 | −0.074% | $35K | $51K | — | as long as short |
Aster CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05331 | −0.157% | $505K | $1.5M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05327 | −0.236% | $5K | $261K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0272% | 1h | 0.05330 | −0.176% | $36K | $126K | 50x | as long as short |
| Hyperliquid CFXlong | +0.0595% | 1h | 0.05339 | long leg | $3.2M | $400K | 5x | |
| Kraken Futures PF_CFXUSD | +0.1061% | 1h | 0.05339 | −0.009% | $32K | $9K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.2002% | 1h | 0.05340 | +0.011% | $141 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL