After costs, if the gap returns to its 7d average, $10k−$61
spread now−0.178%7d average+0.110%fees + slippage, in and out−$32spread needed0.319%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FILUSDT | 0.9708 | −0.0122 | get 0.0122% / 8h | 1h 52m | $55.9M | $191.0M | 75x |
| Short | Hyperliquid FIL | 0.9691 | 0.0042 | get 0.0005% / 1h | 52m 44s | $8.7M | $9.9M | 5x |
Binance FILUSDT
Hyperliquid FILPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$17.82
- Funding while held
- $4.91
- Slippage, 4 orders
- −$12.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$44.8
- Spread needed to break even
- 0.319%
Slippage from Binance: live order book, 7 min ago; Hyperliquid: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0164%
- Per $10,000 a day
- +$4.91
- Average in range /8h
- —
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, 7 min ago | 0.51 bp | 7.1 bp −$7 | 13.1 bp −$131 | 47.9 bp −$4,788 | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.92 bp | 7.4 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
FIL price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.9658cheapestBloFin0.9661+0.031%gTrade (Gains Network)0.9664+0.061%GMX0.9667+0.091%SoDEX0.9669+0.114%SunX0.9670+0.124%Orderly0.9671+0.133%Deribit0.9672+0.145%Phemex0.9680+0.228%HTX0.9681+0.238%Bitget0.9684+0.269%MEXC0.9686+0.290%Aster0.9688+0.314%Extended0.9689+0.320%Kraken Futures0.9689+0.323%BingX0.9690+0.331%
Coinbase International
BloFin
gTrade (Gains Network)
GMX
SoDEX
SunX
Orderly
Deribit
Phemex
HTX
Bitget
MEXC
Aster
Extended
Kraken Futures
BingXHyperliquid0.9691+0.339%
Bybit0.9693+0.362%KuCoin0.9693+0.362%Gate0.9694+0.373%Lighter0.9694+0.374%OKX0.9696+0.393%
Bybit
KuCoin
Gate
Lighter
OKXBinance0.9708+0.518%
dYdX0.9709+0.532%edgeX0.9764+1.098%ApeX Omni0.9770+1.160%Variational Omni0.9806+1.529%Injective1.0096+4.535%
dYdX
ApeX Omni
Variational Omni
InjectiveFIL on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.515% | −0.0928% | 1h | $310K | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | −0.484% | −0.0002% | 8h | $2.7M | $660K | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | −0.454% | L −0.0004% / S +0.0006% | 1h | $24K | — | 150x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | −0.425% | L +0.0571% / S −0.1573% | 1h | $117K | — | 100x | as long as short |
| SoDEX FIL-USD | −0.402% | +0.0100% | 1h | $458 | $11K | 5x | as long as short |
| SunX FIL-USDT | −0.391% | +0.0100% | 8h | $2K | $1.1M | 20x | as long as short |
| Orderly PERP_FIL_USDC_mythos | −0.383% | +0.0100% | 4h | $4K | $266 | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.371% | −0.0060% | 1h | $166K | $21K | 25x | as long as short |
| Phemex FILUSDT | −0.288% | +0.0100% | 8h | $1.0M | $2.2M | 50x | as long as short |
| HTX FIL-USDT | −0.278% | +0.0100% | 8h | $612K | $6.0M | 75x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget FILUSDT | −0.247% | −0.0012% | 8h | $10.8M | $23.5M | 75x | as long as short |
| MEXC FIL_USDC | −0.227% | −0.0144% | 8h | $245K | $102K | 50x | as long as short |
| Aster FILUSDT | −0.203% | +0.0100% | 8h | $502K | $717K | 20x | as long as short |
| Extended FIL-USD | −0.196% | −0.0120% | 1h | $674K | $2.4M | 10x | as long as short |
| Kraken Futures PF_FILUSD | −0.193% | +0.0172% | 1h | $1.4M | $1.7M | 50x | as long as short |
| BingX FIL-USDC | −0.185% | −0.0005% | 8h | — | $6.5M | — | as long as short |
| Hyperliquid FILshort | −0.178% | +0.0042% | 1h | $8.7M | $9.9M | 5x | |
| Bybit FILUSDT | −0.155% | −0.0063% | 8h | $15.3M | $16.7M | 25x | as long as short |
| KuCoin FILUSDTM | −0.155% | −0.0005% | 8h | $7.3M | $8.4M | 50x | as long as short |
| Gate FIL_USDT | −0.144% | +0.0100% | 8h | $7.7M | $17.1M | 50x | as long as short |
| Lighter FIL | −0.143% | +0.0088% | 1h | $159K | $432K | 5x | as long as short |
| OKX FIL-USDT-SWAP | −0.124% | −0.0137% | 8h | $17.7M | $113.5M | 50x | as long as short |
| Binance FILUSDTlong | 0.000% | −0.0122% | 8h | $55.9M | $191.0M | 75x | |
| dYdX FIL-USD | +0.014% | 0.0000% | 1h | $57K | $4K | 10x | as long as short |
| edgeX FILUSDC | +0.577% | +0.0100% | 4h | $45K | $277K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.639% | +0.0002% | 1h | $43K | $209K | 50x | as long as short |
| Variational Omni FIL | +1.006% | +0.0031% | 8h | $438K | $240K | — | as long as short |
| Injective FIL/USDC PERP | +3.997% | +0.0033% | 1h | $2K | $257K | 12x | as long as short |