Funding you earn now, next payment 23:00 UTC−0.0961%/8h= −105.2% APRpaid last 24h −0.239%
Price spread now: Binance against Hyperliquid−0.036%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$840.835% of the position
Funding, last 7 days−0.427%−$43 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now −0.036%, 7d avg −0.046%
=Together, before fees−0.428%+ Points / potential airdropHyperliquid: Season 2 · farm board−$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: −$29 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.427% in total (about -22.3% 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 | Hyperliquid BSV | 18.407 | 0.1061 | pay 0.0133% / 1h | 38m 43s | $554K | $190K | 3x |
| Short | Binance BSVUSDT | 18.400 | 0.0100 | get 0.0050% / 4h | 1h 38m | $1.7M | $1.8M | 75x |
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
- −$201.74
- Price spread: −0.036% → −0.046%
- $1.06
- Slippage, 4 orders
- −$64.52
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$284.21
- Costs to cover
- 0.835%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 41 min ago; Binance: live order book, 10 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, 41 min ago | 3.53 bp | 20.1 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 5.46 bp | 24.7 bp −$25 | 67.4 bp −$674 | 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 | −0.0043% | 1h | 18.370 | −0.201% | $1K | $88K | 5.5x | as long as short |
| BloFin BSV-USDT | +0.0046% | 4h | 18.410 | +0.016% | $111K | $205K | 75x | as long as short |
| Binance BSVUSDTshort | +0.0100% | 4h | 18.400 | −0.036% | $1.7M | $1.8M | 75x | |
| Bybit BSVUSDT | +0.0100% | 4h | 18.392 | −0.081% | $1.5M | $568K | 75x | as long as short |
| Gate BSV_USDT | +0.0100% | 4h | 18.370 | −0.201% | $1.6M | $1.3M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 18.390 | −0.092% | $1.3M | $377K | 125x | as long as short |
| KuCoin BSVUSDTM | +0.0100% | 4h | 18.440 | +0.179% | $668K | $60K | 30x | as long as short |
| Bitget BSVUSDT | +0.0100% | 4h | 18.410 | +0.016% | $1.9M | $425K | 75x | as long as short |
| BingX BSV-USDT | +0.0100% | 4h | 18.410 | +0.016% | — | $2.3M | — | as long as short |
| Hyperliquid BSVlong | +0.1061% | 1h | 18.407 | long leg | $554K | $190K | 3x |
Hyperliquid BSV
Binance BSVUSDT
Injective BSV/USDC PERP
BloFin BSV-USDT
Bybit BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
KuCoin BSVUSDTM
Bitget BSVUSDT
BingX BSV-USDT