Funding you earn now, next payment 23:00 UTC+0.0241%/8h= +26.4% APRpaid last 24h +0.233%
Price spread now: Hyperliquid against Binance+0.166%7-day average +0.153% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days+0.401%+$40 on $10k
+Price spread, last 7 days+0.005%$0 · spread now +0.166%, 7d avg +0.153%
=Together, before fees+0.406%+ Points / potential airdropHyperliquid: Season 2 · farm board+$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.153%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKYUSDT | 0.07158 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $16.4M | $9.6M | 75x |
| Short | Hyperliquid SKY | 0.07170 | 0.0341 | get 0.0043% / 1h | 34m 13s | $3.0M | $906K | 3x |
Binance SKYUSDT
Hyperliquid SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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
- $50.67
- Price spread: +0.166% → +0.153%
- $1.25
- Slippage, 4 orders
- −$41.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$8.32
- Costs to cover
- 0.602%
- Break-even
- 8.1 days
Slippage from Binance: live order book, 7 min ago; Hyperliquid: live order book, 7 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 Binance live order book, 7 min ago | 0.70 bp | 13.6 bp −$14 | 50.2 bp −$502 | 344.4 bp −$34.4K | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.67 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
SKY on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0515% | 4h | 0.07152 | −0.085% | $196K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0214% | 4h | 0.07147 | −0.157% | $7.8M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07172 | +0.192% | $392 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0026% | 1h | 0.07158 | +0.004% | $71K | $25K | 5x | as long as short |
| BloFin SKY-USDT | +0.0048% | 4h | 0.07170 | +0.164% | $602K | $32K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07159 | +0.013% | $188K | $163K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07159 | +0.008% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDTlong | +0.0100% | 4h | 0.07158 | long leg | $16.4M | $9.6M | 75x | |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07152 | −0.087% | $856K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07157 | −0.017% | $614K | $252K | 50x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
Nado SKY-PERP
BloFin SKY-USDT
Lighter SKY
Aster SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.07158 | −0.003% | $1.1M | $284K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07145 | −0.185% | $438K | $282K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07158 | −0.003% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07155 | −0.045% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07176 | +0.248% | $20K | $686K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07158 | +0.001% | $694 | $2K | 10x | as long as short |
| Hyperliquid SKYshort | +0.0341% | 1h | 0.07170 | +0.166% | $3.0M | $906K | 3x | |
| GMX SKY/USD [ETH-USDC] | L +0.0531% / S −0.0248% | 1h | 0.07155 | −0.050% | $85K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]