Funding you earn now, next payment 22:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h −0.028%
Price spread now: Binance against Hyperliquid+0.025%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$340.337% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.025%, 7d avg −0.005%
=Together, before fees−0.078%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.030% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.005%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 8.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOT | 1.1803 | 0.0100 | pay 0.0013% / 1h | 44m 42s | $5.2M | $3.1M | 10x |
| Short | Binance DOTUSDT | 1.1806 | 0.0087 | get 0.0087% / 8h | 2h 44m | $43.6M | $79.7M | 75x |
Hyperliquid DOT
Binance DOTUSDTFunding 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
- −$2.63
- Price spread: +0.025% → −0.005%
- $3.02
- Slippage, 4 orders
- −$14.71
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33.32
- Costs to cover
- 0.337%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; Binance: live order book, 13 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, 7 min ago | 1.27 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.42 bp | 9.7 bp −$10 | 20.3 bp −$203 | 71.9 bp −$7,191 | doesn't fit |
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.1017% | 1h | 1.1821 | +0.153% | $216K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1815 | +0.100% | $256 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0130% | 1h | 1.1817 | +0.115% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.1820 | +0.144% | $323 | $83K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1790 | −0.110% | $189K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0044% | 8h | 1.1802 | −0.008% | $9.2M | $22.8M | 50x | as long as short |
| Backpack DOT_USDC_PERP | −0.0010% | 1h | 1.1807 | +0.034% | $94K | $120K | 10x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1813 | +0.082% | $142K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1818 | +0.127% | $3K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0038% | 8h | 1.1807 | +0.034% | $6.7M | $8.6M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
Backpack DOT_USDC_PERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DOT_USDT | +0.0087% | 8h | 1.1805 | +0.017% | $31.7M | $34.0M | 300x | as long as short |
| Binance DOTUSDTshort | +0.0087% | 8h | 1.1806 | +0.025% | $43.6M | $79.7M | 75x | |
| Extended DOT-USD | +0.0088% | 1h | 1.1800 | −0.024% | $15K | $240K | 25x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1799 | −0.034% | $258K | $563K | 10x | as long as short |
| Hyperliquid DOTlong | +0.0100% | 1h | 1.1803 | long leg | $5.2M | $3.1M | 10x | |
| Aster DOTUSDT | +0.0100% | 8h | 1.1802 | −0.008% | $884K | $647K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1805 | +0.017% | $24.2M | $17.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1800 | −0.025% | $6.8M | $11.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1803 | 0.000% | $22.7M | $13.4M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1802 | −0.008% | — | $28.5M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1795 | −0.072% | $537K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1808 | +0.042% | $34K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1808 | +0.043% | $229K | $478K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1810 | +0.059% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1826 | +0.195% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1812 | +0.076% | $245K | $206K | 75x | as long as short |
| BloFin DOT-USDT | +0.0207% | 8h | 1.1814 | +0.093% | $2.3M | $752K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1820 | +0.147% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0403% | 8h | 1.1830 | +0.229% | $2.2M | $2.1M | 50x | as long as short |
MEXC DOT_USDT
Extended DOT-USD
Lighter DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT