NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Hyperliquid against Binance0.000%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$740.735% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.213%−$21 on $10k

Price spread, last 4 days (all we have)−0.035%−$3 · spread now 0.000%, 7d avg −0.015%

Together, before fees−0.247%+ Points / potential airdropHyperliquid: Season 2 · farm board−$25 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NOTUSDT	0.0005120	0.0100	pay 0.0050% / 4h	0m 01s	$2.1M	$3.1M	50x
Short	Hyperliquid NOT	0.0005120	0.0100	get 0.0013% / 1h	0m 01s	$375K	$50K	3x

Funding history

latest

Range statsloading…

Hyperliquid against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BinancebpFee HyperliquidbpOrdersPrice spread, now 0.000%Rate

Slippage from Binance: live order book, 6 min ago; Hyperliquid: live order book, 60 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 6 min ago	2.94 bp	19.1 bp −$19	113.1 bp −$1,131	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 60 min ago	9.83 bp	15.9 bp −$16	doesn't fit	doesn't fit	doesn't fit

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
Variational Omni NOT	+0.0009%	4h	0.0005101	−0.375%	$72K	$39K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−4.805%	$1K	$13K	5.5x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005132	+0.238%	$12K	$5K	3x	as long as short
Hyperliquid NOTshort	+0.0100%	1h	0.0005120	0.000%	$375K	$50K	3x
Aster NOTUSDT	+0.0100%	4h	0.0005122	+0.031%	$14K	$9K	5x	as long as short
Binance NOTUSDTlong	+0.0100%	4h	0.0005120	long leg	$2.1M	$3.1M	50x
Bybit NOTUSDT	+0.0100%	4h	0.0005111	−0.176%	$2.2M	$828K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005119	−0.020%	$638K	$630K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005120	0.000%	$142K	$79K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0005120	0.000%	$1.4M	$464K	200x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOTUSDTM	+0.0100%	4h	0.0005110	−0.195%	$467K	$137K	50x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005120	0.000%	$672K	$387K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0005117	−0.059%	—	$721K	—	as long as short
BloFin NOT-USDT	+0.0101%	4h	0.0005117	−0.059%	$111K	$17K	50x	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005119	−0.019%	$4K	$491	5x	as long as short
Kraken Futures PF_NOTUSD	+0.4167%	1h	0.0005119	−0.026%	$50K	$10K	10x	as long as short