Funding you earn now, next payment 06:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.009%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$800.796% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.096%−$10 · spread now −0.009%, 7d avg −0.068%
=Together, before fees−0.110%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.059% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.068%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid COMP | 22.432 | 0.0100 | pay 0.0013% / 1h | 40m 28s | $858K | $345K | 5x |
| Short | Binance COMPUSDT | 22.430 | 0.0089 | get 0.0089% / 8h | 2h 40m | $4.2M | $6.3M | 75x |
Hyperliquid COMP
Binance COMPUSDTFunding 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
- −$2.36
- Price spread: −0.009% → −0.068%
- $5.87
- Slippage, 4 orders
- −$60.59
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$76.08
- Costs to cover
- 0.796%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 40 min ago; Binance: live order book, 13 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, 40 min ago | 0.66 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.21 bp | 20.2 bp −$20 | 59.5 bp −$595 | doesn't fit | doesn't fit |
COMP on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit COMP_USDC-PERPETUAL | −0.0639% | 1h | 22.470 | +0.169% | $216 | $439 | 50x | as long as short |
| Kraken Futures PF_COMPUSD | −0.0531% | 1h | 22.493 | +0.273% | $222K | $94K | 20x | as long as short |
| dYdX COMP-USD | −0.0132% | 1h | 22.440 | +0.036% | $68K | — | 5x | as long as short |
| Binance COMPUSDTshort | +0.0089% | 8h | 22.430 | −0.009% | $4.2M | $6.3M | 75x | |
| BloFin COMP-USDT | +0.0094% | 8h | 22.490 | +0.259% | $239K | $173K | 20x | as long as short |
| MEXC COMP_USDT | +0.0096% | 8h | 22.400 | −0.143% | $2.4M | $777K | 20x | as long as short |
| Hyperliquid COMPlong | +0.0100% | 1h | 22.432 | long leg | $858K | $345K | 5x | |
| Bybit COMPUSDT | +0.0100% | 8h | 22.409 | −0.103% | $3.8M | $1.7M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.430 | −0.009% | $1.7M | $2.2M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.430 | −0.009% | $219K | $55K | 25x | as long as short |
Deribit COMP_USDC-PERPETUAL
Kraken Futures PF_COMPUSD
dYdX COMP-USD
BloFin COMP-USDT
MEXC COMP_USDT
Bybit COMPUSDT
OKX COMP-USDT-SWAP
Gate COMP_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.440 | +0.036% | $405K | $110K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.420 | −0.053% | $1.9M | $587K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.410 | −0.098% | — | $34.4M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.472 | +0.176% | $14K | $30K | — | as long as short |
| Injective COMP/USDC PERP | +0.0239% | 1h | 22.820 | +1.730% | $1K | $13K | 12x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0384% | 1h | 22.980 | +2.443% | $18K | $44K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Injective COMP/USDC PERP
Coinbase International COMP-PERP-INTX