Funding you earn now, next payment 04:00 UTC+0.0828%/8h= +90.7% APRpaid last 24h +0.250%
Price spread now: Hyperliquid against Binance+0.125%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$760.758% of the position
Funding, last 7 days+0.475%+$48 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.125%, 7d avg +0.042%
=Together, before fees+0.416%+ Points / potential airdropHyperliquid: Season 2 · farm board+$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Hyperliquid is 0.083% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.042%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.475% in total (about 24.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BSVUSDT | 19.180 | 0.0100 | pay 0.0050% / 4h | 50m 15s | $1.9M | $3.7M | 75x |
| Short | Hyperliquid BSV | 19.204 | 0.0928 | get 0.0116% / 1h | 50m 15s | $633K | $268K | 3x |
Binance BSVUSDT
Hyperliquid BSVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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
- $173.87
- Price spread: +0.125% → +0.042%
- $8.33
- Slippage, 4 orders
- −$56.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $106.38
- Costs to cover
- 0.758%
- Break-even
- 2.7 days
Slippage from Binance: live order book, 1 min ago; Hyperliquid: live order book, 50 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 Binance live order book, 1 min ago | 2.60 bp | 18.3 bp −$18 | 121.6 bp −$1,216 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 50 min ago | 1.31 bp | 20.5 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
BSV on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BSV/USDC PERP | −0.3981% | 1h | 19.170 | −0.052% | $2K | $91K | 5.5x | as long as short |
| BloFin BSV-USDT | +0.0075% | 4h | 19.230 | +0.261% | $123K | $212K | 75x | as long as short |
| Binance BSVUSDTlong | +0.0100% | 4h | 19.180 | long leg | $1.9M | $3.7M | 75x | |
| Bybit BSVUSDT | +0.0100% | 4h | 19.158 | −0.115% | $1.6M | $1.1M | 75x | as long as short |
| Gate BSV_USDT | +0.0100% | 4h | 19.180 | 0.000% | $1.7M | $2.4M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 19.180 | 0.000% | $1.8M | $552K | 125x | as long as short |
| KuCoin BSVUSDTM | +0.0100% | 4h | 19.220 | +0.209% | $684K | $96K | 30x | as long as short |
| Bitget BSVUSDT | +0.0100% | 4h | 19.190 | +0.052% | $2.0M | $768K | 75x | as long as short |
| BingX BSV-USDT | +0.0100% | 4h | 19.180 | 0.000% | — | $2.4M | — | as long as short |
| Hyperliquid BSVshort | +0.0928% | 1h | 19.204 | +0.125% | $633K | $268K | 3x |
Injective BSV/USDC PERP
BloFin BSV-USDT
Bybit BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
KuCoin BSVUSDTM
Bitget BSVUSDT
BingX BSV-USDT