After costs, if the gap returns to its 7d average, $10k−$56
spread now+0.235%7d average+0.144%fees + slippage, in and out−$65spread needed0.649%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARUSDT | 4.6831 | 0.0030 | pay 0.0030% / 8h | 2h 00m | $9.7M | $95.4M | 75x |
| Short | Hyperliquid AR | 4.6941 | 0.0100 | get 0.0013% / 1h | 0m 14s | $4.5M | $7.0M | 5x |
Binance ARUSDT
Hyperliquid ARPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $23.53
- Funding while held
- $2.1
- Slippage, 4 orders
- −$45.86
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$39.23
- Spread needed to break even
- 0.649%
Slippage from Binance: live order book, 14 min ago; Hyperliquid: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0070%
- Per $10,000 a day
- +$2.10
- Average in range /8h
- —
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, 14 min ago | 1.07 bp | 15.1 bp −$15 | 56.6 bp −$566 | 452.0 bp −$45.2K | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 5.31 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
AR price on every exchange
against the cheapest. Click to use as the short leg.OKX4.6780cheapestBybit4.6789+0.019%BingX4.6810+0.064%Extended4.6811+0.067%Kraken Futures4.6830+0.107%
OKX
Bybit
BingX
Extended
Kraken FuturesBinance4.6831+0.109%
Gate4.6840+0.128%MEXC4.6840+0.128%KuCoin4.6840+0.128%Bitget4.6850+0.150%GMX4.6858+0.166%Variational Omni4.6877+0.208%Aster4.6879+0.212%BloFin4.6940+0.342%
Gate
MEXC
KuCoin
Bitget
GMX
Variational Omni
Aster
BloFinHyperliquid4.6941+0.344%
ApeX Omni4.6970+0.406%Injective4.7300+1.112%
ApeX Omni
InjectiveAR on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX AR-USDT-SWAP | −0.109% | −0.0126% | 8h | $2.4M | $39.8M | 20x | as long as short |
| Bybit ARUSDT | −0.089% | +0.0100% | 8h | $4.8M | $13.7M | 75x | as long as short |
| BingX AR-USDT | −0.044% | +0.0100% | 8h | — | $2.9M | — | as long as short |
| Extended AR-USD | −0.042% | +0.0032% | 1h | $38K | $237K | 10x | as long as short |
| Kraken Futures PF_ARUSD | −0.002% | −0.1628% | 1h | $59K | $279K | 20x | as long as short |
| Binance ARUSDTlong | 0.000% | +0.0030% | 8h | $9.7M | $95.4M | 75x | |
| Gate AR_USDT | +0.020% | +0.0100% | 8h | $2.7M | $5.6M | 50x | as long as short |
| MEXC AR_USDT | +0.020% | +0.0027% | 8h | $6.3M | $7.8M | 100x | as long as short |
| KuCoin ARUSDTM | +0.020% | +0.0100% | 8h | $1.2M | $2.1M | 50x | as long as short |
| Bitget ARUSDT | +0.041% | +0.0100% | 8h | $4.1M | $11.6M | 75x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX AR/USD [WBTC.b-USDC] | +0.057% | L −0.0145% / S +0.0551% | 1h | $593K | — | 50x | as long as short |
| Variational Omni AR | +0.099% | +0.0013% | 8h | $137K | $195K | — | as long as short |
| Aster ARUSDT | +0.104% | −0.0088% | 8h | $35K | $1.2M | 10x | as long as short |
| BloFin AR-USDT | +0.233% | +0.0039% | 8h | $467K | $1.1M | 20x | as long as short |
| Hyperliquid ARshort | +0.235% | +0.0100% | 1h | $4.5M | $7.0M | 5x | |
| ApeX Omni ARUSDT | +0.297% | +0.0100% | 1h | $39K | $742K | 50x | as long as short |
| Injective AR/USDC PERP | +1.002% | +0.0033% | 1h | $3K | $2K | 5.5x | as long as short |