Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.100%
Price spread now: Binance against Hyperliquid−0.098%7-day average −0.126% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.098%, 7d avg −0.126%
=Together, before fees−0.131%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 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 0.028% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.126%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MON | 0.02551 | 0.0100 | pay 0.0013% / 1h | 27m 54s | $34.6M | $7.7M | 5x |
| Short | Binance MONUSDT | 0.02549 | 0.0100 | get 0.0050% / 4h | 2h 27m | $24.3M | $26.0M | 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
- $0
- Price spread: −0.098% → −0.126%
- $2.81
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$16.19
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; Binance: live order book, 13 min ago. Net counts fees only.
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, 5 min ago | 0.79 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.98 bp | 19.8 bp −$20 | 56.1 bp −$561 | 260.4 bp −$26.0K | doesn't fit |
MON on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0388% | 1h | 0.02522 | −1.156% | $5K | $108 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0077% | 8h | 0.02547 | −0.176% | $20.9M | $12.8M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0016% | 1h | 0.02544 | −0.278% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02543 | −0.333% | $13K | $349K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0061% | 4h | 0.02546 | −0.216% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02551 | −0.020% | $850K | $742K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02544 | −0.283% | $8K | $42 | 5x | as long as short |
| Hyperliquid MONlong | +0.0100% | 1h | 0.02551 | long leg | $34.6M | $7.7M | 5x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02546 | −0.207% | $102K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02540 | −0.440% | $13K | — | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02542 | −0.376% | $141K | $104K | 3x | as long as short |
| Binance MONUSDTshort | +0.0100% | 4h | 0.02549 | −0.098% | $24.3M | $26.0M | 75x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02547 | −0.176% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02521 | −1.210% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02547 | −0.176% | $955K | $902K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02550 | −0.059% | $2.9M | $744K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02550 | −0.059% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02551 | 0.000% | $121K | $158K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02533 | −0.721% | $753K | $419K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02534 | −0.703% | $43K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02529 | −0.882% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02533 | −0.725% | $68K | $493K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02546 | −0.219% | $408K | $545K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02549 | −0.098% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02551 | −0.010% | $51K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02549 | −0.118% | $39K | — | 3x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0182% | 1h | 0.02549 | −0.082% | $69K | $125K | 25x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02546 | −0.223% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0352% | 1h | 0.02536 | −0.605% | $3K | $77K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02545 | −0.247% | $156K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02547 | −0.169% | $111K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0838% | 1h | 0.02554 | +0.097% | $278K | $88K | 10x | as long as short |
Hyperliquid MON
Binance MONUSDT
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Lighter MON
Paradex MON-USD-PERP
Aster MONUSDT
Pacifica MON
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Deribit MON_USDC-PERPETUAL
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD