After costs, if the gap returns to its 7d average, $10k−$47
spread now−0.072%7d average−0.144%fees + slippage, in and out−$54spread needed0.538%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AR | 4.4014 | 0.0100 | pay 0.0013% / 1h | 59m 56s | $3.6M | $5.7M | 5x |
| Short | Binance ARUSDT | 4.3982 | 0.0073 | get 0.0073% / 8h | 5h 59m | $8.7M | $68.7M | 75x |
Hyperliquid AR
Binance ARUSDTPrice 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
- −$7.17
- Funding while held
- −$0.81
- Slippage, 4 orders
- −$34.8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$61.79
- Spread needed to break even
- 0.538%
Slippage from Hyperliquid: live order book, 3 min ago; Binance: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0027%
- Per $10,000 a day
- −$0.81
- 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 Hyperliquid live order book, 3 min ago | 2.16 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.26 bp | 15.0 bp −$15 | 52.5 bp −$525 | 329.6 bp −$33.0K | doesn't fit |
AR price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni4.3930cheapestVariational Omni4.3939+0.021%Kraken Futures4.3953+0.053%Bitget4.3960+0.068%Bybit4.3970+0.091%OKX4.3970+0.091%KuCoin4.3970+0.091%BingX4.3970+0.091%Gate4.3980+0.114%MEXC4.3980+0.114%
ApeX Omni
Variational Omni
Kraken Futures
Bitget
Bybit
OKX
KuCoin
BingX
Gate
MEXCBinance4.3982+0.119%
Extended4.3983+0.120%Aster4.3987+0.129%BloFin4.3990+0.137%GMX4.4012+0.186%
Extended
Aster
BloFin
GMXHyperliquid4.4014+0.191%
Injective4.5720+4.075%
InjectiveAR on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ARUSDT | −0.191% | +0.0100% | 1h | $57K | $751K | 50x | as long as short |
| Variational Omni AR | −0.170% | +0.0063% | 8h | $132K | $177K | — | as long as short |
| Kraken Futures PF_ARUSD | −0.138% | −0.1719% | 1h | $49K | $205K | 20x | as long as short |
| Bitget ARUSDT | −0.123% | +0.0100% | 8h | $3.8M | $7.2M | 75x | as long as short |
| Bybit ARUSDT | −0.100% | +0.0100% | 8h | $4.6M | $10.6M | 75x | as long as short |
| OKX AR-USDT-SWAP | −0.100% | +0.0100% | 8h | $2.2M | $25.4M | 20x | as long as short |
| KuCoin ARUSDTM | −0.100% | +0.0100% | 8h | $1.3M | $1.4M | 50x | as long as short |
| BingX AR-USDT | −0.100% | +0.0100% | 8h | — | $3.0M | — | as long as short |
| Gate AR_USDT | −0.077% | +0.0100% | 8h | $2.5M | $3.9M | 50x | as long as short |
| MEXC AR_USDT | −0.077% | +0.0070% | 8h | $6.4M | $8.2M | 100x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ARUSDTshort | −0.072% | +0.0073% | 8h | $8.7M | $68.7M | 75x | |
| Extended AR-USD | −0.071% | +0.0072% | 1h | $36K | $237K | 10x | as long as short |
| Aster ARUSDT | −0.062% | +0.0100% | 8h | $33K | $867K | 10x | as long as short |
| BloFin AR-USDT | −0.055% | +0.0191% | 8h | $431K | $819K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | −0.005% | L −0.0140% / S +0.0551% | 1h | $565K | — | 50x | as long as short |
| Hyperliquid ARlong | 0.000% | +0.0100% | 1h | $3.6M | $5.7M | 5x | |
| Injective AR/USDC PERP | +3.876% | +0.0576% | 1h | $3K | $500 | 5.5x | as long as short |