Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.006%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$900.900% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.006%, 7d avg −0.039%
=Together, before fees+0.028%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 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: Binance is 0.032% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HYPER | 0.07513 | 0.0100 | pay 0.0013% / 1h | 31m 11s | $71K | $131K | 3x |
| Short | Binance HYPERUSDT | 0.07513 | 0.0100 | get 0.0050% / 4h | 31m 11s | $2.0M | $2.2M | 50x |
Hyperliquid HYPER
Binance HYPERUSDTFunding 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
- $0
- Price spread: −0.006% → −0.039%
- $3.24
- Slippage, 4 orders
- −$71.01
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.77
- Costs to cover
- 0.900%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 58 min ago; Binance: 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 Hyperliquid live order book, 58 min ago | 3.31 bp | 17.0 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.00 bp | 27.8 bp −$28 | 105.6 bp −$1,056 | doesn't fit | doesn't fit |
HYPER 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTM | +0.0010% | 4h | 0.07510 | −0.040% | $106K | $85K | 30x | as long as short |
| Hyperliquid HYPERlong | +0.0100% | 1h | 0.07513 | long leg | $71K | $131K | 3x | |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07517 | +0.058% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDTshort | +0.0100% | 4h | 0.07513 | −0.006% | $2.0M | $2.2M | 50x | |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07517 | +0.053% | $1.2M | $816K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07510 | −0.040% | $87K | $42K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07512 | −0.013% | $237K | $130K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07511 | −0.027% | $312K | $283K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07478 | −0.470% | $6K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0117% | 4h | 0.07509 | −0.053% | $193K | $21K | 50x | as long as short |
KuCoin HYPERUSDTM
Aster HYPERUSDT
Bybit HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT