Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.044%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$710.705% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.044%, 7d avg +0.022%
=Together, before fees+0.009%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 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 0.066% cheaper against Hyperliquid than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PEOPLE | 0.009291 | 0.0100 | pay 0.0013% / 1h | 45m 58s | $428K | $216K | 3x |
| Short | Binance PEOPLEUSDT | 0.009287 | 0.0100 | get 0.0100% / 8h | 6h 45m | $5.7M | $15.9M | 50x |
Hyperliquid PEOPLE
Binance PEOPLEUSDTFunding 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: −0.044% → +0.022%
- −$6.61
- Slippage, 4 orders
- −$51.5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$77.11
- Costs to cover
- 0.705%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 64 min ago; Binance: live order book, 10 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, 64 min ago | 1.09 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.54 bp | 24.3 bp −$24 | 59.1 bp −$591 | doesn't fit | doesn't fit |
PEOPLE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEOPLEUSD | −0.1278% | 1h | 0.009290 | −0.007% | $36K | $45K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0035% | 8h | 0.009301 | +0.108% | $716K | $1.4M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0026% | 8h | 0.009278 | −0.139% | $6K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0033% | 8h | 0.009301 | +0.108% | $701K | $140K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0081% | 8h | 0.009330 | +0.420% | $356K | $90K | 50x | as long as short |
| Hyperliquid PEOPLElong | +0.0100% | 1h | 0.009291 | long leg | $428K | $216K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009303 | +0.132% | $8K | $74K | 5x | as long as short |
| Binance PEOPLEUSDTshort | +0.0100% | 8h | 0.009287 | −0.044% | $5.7M | $15.9M | 50x | |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009275 | −0.172% | $1.7M | $2.3M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009277 | −0.151% | $3.4M | $8.7M | 20x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
BloFin PEOPLE-USDT
Aster PEOPLEUSDT
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009281 | −0.108% | $700K | $291K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009290 | −0.011% | $1.8M | $1.2M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009294 | +0.032% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009294 | +0.032% | $44K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009282 | −0.096% | $186 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD