S

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%

Price spread now: Binance against Hyperliquid−0.037%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$900.896% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 7 days−0.039%−$4 · spread now −0.037%, 7d avg −0.043%

Together, before fees+0.108%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid S	0.04102	0.0100	pay 0.0013% / 1h	40m 21s	$1.0M	$556K	5x
Short	Binance SUSDT	0.04101	0.0100	get 0.0050% / 4h	1h 40m	$5.7M	$13.9M	75x

Funding history

latest

Range statsloading…

Binance against Hyperliquid. 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 HyperliquidbpFee BinancebpOrdersPrice spread, now −0.037%Rate

Slippage from Hyperliquid: live order book, 10 min ago; Binance: live order book, 15 min ago.

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, 10 min ago	3.05 bp	12.7 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	3.68 bp	25.4 bp −$25	65.4 bp −$654	423.7 bp −$42.4K	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
01 Exchange SUSD	−1.0888%	1h	0.03940	−3.954%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.1681%	1h	0.04087	−0.363%	$34K	$16K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1456%	1h	0.04022	−1.955%	$48K	$16K	25x	as long as short
Variational Omni S	−0.0307%	4h	0.04079	−0.573%	$635K	$30K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04101	−0.024%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04098	−0.095%	$4	—	15x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04101	−0.033%	$2K	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	−0.054%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0067%	4h	0.04099	−0.078%	$102K	$332K	10x	as long as short
Lighter S	+0.0096%	1h	0.04098	−0.102%	$171K	$156K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid Slong	+0.0100%	1h	0.04102	long leg	$1.0M	$556K	5x
Aster SUSDT	+0.0100%	4h	0.04094	−0.192%	$45K	$133K	10x	as long as short
Binance SUSDTshort	+0.0100%	4h	0.04101	−0.037%	$5.7M	$13.9M	75x
Bybit SUSDT	+0.0100%	4h	0.04092	−0.249%	$5.8M	$4.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04100	−0.054%	$1.1M	$4.0M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04094	−0.200%	$336K	$200K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04100	−0.054%	$4.0M	$1.8M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04095	−0.176%	$1.9M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04101	−0.029%	$1.2M	$2.1M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04099	−0.078%	—	$6.7M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04100	−0.054%	$25K	$447K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04098	−0.113%	$230K	$1.1M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04101	−0.029%	$281K	$111K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0725%	1h	0.04105	+0.068%	$69K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1542%	1h	0.04100	−0.054%	$120K	$363K	5x	as long as short