Funding you earn now, next payment 05:00 UTC−0.0377%/8h= −41.2% APRnext payment −$0.47 per $10,000 · paid last 24h −0.063%
Price spread now: Deribit against Hyperliquid+0.013%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ALT | 0.007591 | 0.0100 | pay 0.0013% / 1h | 9m 59s | $1.1M | $146K | 3x |
| Short | Deribit ALT_USDC-PERPETUAL | 0.007592 | −0.0277 | pay 0.0035% / 1h | 9m 59s | — | $0 | 25x |
Hyperliquid ALT
Deribit ALT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$79.08
- Price spread: +0.013% → 0.000%
- $1.32
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$93.77
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; Deribit: no order-book sample. Net counts fees only.
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, 10 min ago | 5.93 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUALshort | −0.0277% | 1h | 0.007592 | +0.013% | — | $0 | 25x | |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +1.317% | $837 | $4K | 5.5x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0042% | 1h | 0.007595 | +0.059% | $44K | $8K | 10x | as long as short |
| Hyperliquid ALTlong | +0.0100% | 1h | 0.007591 | long leg | $1.1M | $146K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007594 | +0.040% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007585 | −0.079% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007590 | −0.013% | $49K | $382K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007593 | +0.026% | $390K | $180K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007598 | +0.092% | $146K | $22K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007589 | −0.026% | $613K | $127K | 50x | as long as short |
Injective ALT/USDC PERP
Kraken Futures PF_ALTUSD
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007588 | −0.040% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007594 | +0.034% | $4K | $16K | — | as long as short |
| BloFin ALT-USDT | +0.0159% | 4h | 0.007597 | +0.079% | $173K | $10K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0488% | 1h | 0.007691 | +1.317% | $14K | $3K | 50x | as long as short |
BingX ALT-USDT
Variational Omni ALT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX