Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.033%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1011.008% of the position
Funding, last 7 days+0.347%+$35 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.033%, 7d avg +0.008%
=Together, before fees+0.353%+ Points / potential airdropHyperliquid: Season 2 · farm board+$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.041% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BABY | 0.01248 | 0.0100 | pay 0.0013% / 1h | 12m 47s | $126K | $91K | 3x |
| Short | Binance BABYUSDT | 0.01247 | 0.0100 | get 0.0050% / 4h | 1h 12m | $3.3M | $4.0M | 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: −0.033% → +0.008%
- −$4.07
- Slippage, 4 orders
- −$81.81
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$104.88
- Costs to cover
- 1.008%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 16 min ago; Binance: live order book, 9 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, 16 min ago | 2.00 bp | 28.0 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 3.99 bp | 21.9 bp −$22 | 174.6 bp −$1,746 | doesn't fit | doesn't fit |
BABY on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BABYlong | +0.0100% | 1h | 0.01248 | long leg | $126K | $91K | 3x | |
| Aster BABYUSDT | +0.0100% | 4h | 0.01247 | −0.018% | $6K | $9K | 5x | as long as short |
| Binance BABYUSDTshort | +0.0100% | 4h | 0.01247 | −0.033% | $3.3M | $4.0M | 50x | |
| Bybit BABYUSDT | +0.0100% | 4h | 0.01247 | −0.040% | $803K | $710K | 25x | as long as short |
| OKX BABY-USDT-SWAP | +0.0100% | 4h | 0.01247 | −0.096% | $372K | $520K | 10x | as long as short |
| Gate BABY_USDT | +0.0100% | 4h | 0.01248 | +0.024% | $143K | $91K | 50x | as long as short |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01247 | −0.056% | $1.2M | $143K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01247 | −0.056% | $459K | $64K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01247 | −0.056% | $510K | $174K | 50x | as long as short |
| BingX BABY-USDT | +0.0100% | 4h | 0.01247 | −0.056% | — | $6.5M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BABY-USD | +0.0104% | 1h | 0.01247 | −0.049% | $5K | $225K | 5x | as long as short |
| BloFin BABY-USDT | +0.0125% | 4h | 0.01249 | +0.104% | $272K | $25K | 50x | as long as short |
Hyperliquid BABY
Binance BABYUSDT
Aster BABYUSDT
Bybit BABYUSDT
OKX BABY-USDT-SWAP
Gate BABY_USDT
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDT
BingX BABY-USDT
Extended BABY-USD
BloFin BABY-USDT