Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.112%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 7 days+0.107%+$11 · spread now −0.112%, 7d avg −0.025%
=Together, before fees+0.046%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 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 0.087% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ETC | 8.8389 | 0.0100 | pay 0.0013% / 1h | 53m 13s | $2.2M | $415K | 5x |
| Short | Binance ETCUSDT | 8.8290 | 0.0100 | get 0.0100% / 8h | 1h 53m | $26.3M | $67.6M | 75x |
Hyperliquid ETC
Binance ETCUSDTFunding 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: −0.112% → −0.025%
- −$8.68
- Slippage, 4 orders
- −$29.06
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.74
- Costs to cover
- 0.481%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Binance: live order book, 4 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, 8 min ago | 1.93 bp | 14.2 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.57 bp | 9.0 bp −$9 | 20.0 bp −$200 | 77.2 bp −$7,715 | doesn't fit |
ETC on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0216% | 1h | 8.8358 | −0.035% | $2.0M | $673K | 50x | as long as short |
| Deribit ETC_USDC-PERPETUAL | −0.0180% | 1h | 8.8372 | −0.019% | $501 | $978 | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8467 | +0.088% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8402 | +0.014% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.7920 | −0.531% | $33 | $77K | 5.5x | as long as short |
| Hyperliquid ETClong | +0.0100% | 1h | 8.8389 | long leg | $2.2M | $415K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.8459 | +0.080% | $990K | $11K | 10x | as long as short |
| Binance ETCUSDTshort | +0.0100% | 8h | 8.8290 | −0.112% | $26.3M | $67.6M | 75x | |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8280 | −0.123% | $13.0M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8240 | −0.169% | $8.7M | $16.4M | 50x | as long as short |
Kraken Futures PF_ETCUSD
Deribit ETC_USDC-PERPETUAL
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Aster ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8340 | −0.055% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8340 | −0.055% | $7.7M | $32.0M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8480 | +0.103% | $2.8M | $725K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8340 | −0.055% | $9.8M | $3.7M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8320 | −0.078% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8093 | −0.335% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8340 | −0.055% | $126 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8312 | −0.087% | $133K | $270K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8360 | −0.033% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8371 | −0.021% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8390 | +0.001% | $1.4M | $218K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0536% | 1h | 8.8440 | +0.058% | $35K | $13K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX