Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance−0.008%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$870.874% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now −0.008%, 7d avg +0.041%
=Together, before fees−0.015%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 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: Hyperliquid is 0.049% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYPERUSDT | 0.07420 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $2.0M | $2.1M | 50x |
| Short | Hyperliquid HYPER | 0.07419 | 0.0100 | get 0.0013% / 1h | 40m 45s | $72K | $122K | 3x |
Binance HYPERUSDT
Hyperliquid HYPERFunding 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
- $0
- Price spread: −0.008% → +0.041%
- −$4.89
- Slippage, 4 orders
- −$68.43
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$92.31
- Costs to cover
- 0.874%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Hyperliquid: live order book, 42 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, 9 min ago | 0.67 bp | 23.0 bp −$23 | 98.1 bp −$981 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 42 min ago | 0.07 bp | 21.8 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
HYPER 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPER_USDT | −0.0334% | 4h | 0.07420 | 0.000% | $90K | $46K | 50x | as long as short |
| KuCoin HYPERUSDTM | −0.0052% | 4h | 0.07400 | −0.270% | $131K | $93K | 30x | as long as short |
| BloFin HYPER-USDT | +0.0098% | 4h | 0.07409 | −0.148% | $190K | $22K | 50x | as long as short |
| Hyperliquid HYPERshort | +0.0100% | 1h | 0.07419 | −0.008% | $72K | $122K | 3x | |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07421 | +0.012% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDTlong | +0.0100% | 4h | 0.07420 | long leg | $2.0M | $2.1M | 50x | |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07418 | −0.027% | $1.2M | $705K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07417 | −0.040% | $258K | $130K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07421 | +0.013% | $310K | $262K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07413 | −0.094% | $7K | $1K | — | as long as short |
Gate HYPER_USDT
KuCoin HYPERUSDTM
BloFin HYPER-USDT
Aster HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER