Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.031%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$820.817% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.031%, 7d avg −0.032%
=Together, before fees+0.003%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid TRB | 19.428 | 0.0100 | pay 0.0013% / 1h | 34m 36s | $494K | $251K | 3x |
| Short | Binance TRBUSDT | 19.422 | 0.0100 | get 0.0050% / 4h | 1h 34m | $5.2M | $10.6M | 50x |
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: −0.031% → −0.032%
- $0.09
- Slippage, 4 orders
- −$62.65
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$81.57
- Costs to cover
- 0.817%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Binance: live order book, 5 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, 5 min ago | 2.32 bp | 22.3 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.03 bp | 17.2 bp −$17 | 54.2 bp −$542 | doesn't fit | doesn't fit |
TRB on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRB-USDT | +0.0090% | 4h | 19.451 | +0.118% | $372K | $165K | 50x | as long as short |
| Hyperliquid TRBlong | +0.0100% | 1h | 19.428 | long leg | $494K | $251K | 3x | |
| Aster TRBUSDT | +0.0100% | 4h | 19.469 | +0.212% | $10K | $21K | 5x | as long as short |
| Binance TRBUSDTshort | +0.0100% | 4h | 19.422 | −0.031% | $5.2M | $10.6M | 50x | |
| Bybit TRBUSDT | +0.0100% | 4h | 19.447 | +0.098% | $6.4M | $2.1M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.430 | +0.010% | $4.5M | $5.0M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.420 | −0.041% | $15.4M | $1.0M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.452 | +0.124% | $1.2M | $306K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.440 | +0.062% | $1.3M | $1.4M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.452 | +0.124% | — | $16.2M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TRB | +0.0313% | 4h | 19.473 | +0.230% | $15K | $4K | — | as long as short |
| Gate TRB_USDT | +0.0784% | 4h | 19.460 | +0.165% | $623K | $1.8M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1267% | 1h | 19.486 | +0.301% | $104K | $99K | 10x | as long as short |
Hyperliquid TRB
Binance TRBUSDT
BloFin TRB-USDT
Aster TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDT
Variational Omni TRB
Gate TRB_USDT
Kraken Futures PF_TRBUSD