Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: Hyperliquid against Binance+0.045%7-day average −0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1281.285% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.045%, 7d avg −0.124%
=Together, before fees−0.147%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 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 0.169% dearer against Binance than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTAUSDT | 0.04767 | 0.0100 | pay 0.0100% / 8h | 3h 02m | $3.4M | $5.9M | 75x |
| Short | Hyperliquid IOTA | 0.04769 | 0.0100 | get 0.0013% / 1h | 2m 06s | $895K | $334K | 3x |
Binance IOTAUSDT
Hyperliquid IOTAFunding 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: +0.045% → −0.124%
- $16.87
- Slippage, 4 orders
- −$109.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$111.6
- Costs to cover
- 1.285%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Hyperliquid: live order book, 18 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, 6 min ago | 3.14 bp | 20.2 bp −$20 | 75.6 bp −$756 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 18 min ago | 1.56 bp | 51.8 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
IOTA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0075% | 8h | 0.04776 | +0.198% | $168K | $43K | 75x | as long as short |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04769 | +0.045% | $895K | $334K | 3x | |
| Binance IOTAUSDTlong | +0.0100% | 8h | 0.04767 | long leg | $3.4M | $5.9M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04767 | +0.009% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04765 | −0.033% | $557K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04767 | +0.009% | $824K | $259K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04767 | +0.009% | $584K | $172K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04772 | +0.114% | $1.8M | $719K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04771 | +0.093% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04781 | +0.307% | $38K | $20K | — | as long as short |
BloFin IOTA-USDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0174% | 1h | 0.04763 | −0.082% | $19K | $13K | 10x | as long as short |
| KuCoin IOTAUSDTM | +0.1042% | 8h | 0.04781 | +0.303% | $2.7M | $236K | 30x | as long as short |
Kraken Futures PF_IOTAUSD
KuCoin IOTAUSDTM