Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Hyperliquid against Binance+0.035%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.035%, 7d avg +0.062%
=Together, before fees+0.092%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 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 0.027% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LDOUSDT | 0.4286 | 0.0100 | pay 0.0100% / 8h | 5h 40m | $17.9M | $32.0M | 75x |
| Short | Hyperliquid LDO | 0.4288 | 0.0100 | get 0.0013% / 1h | 40m 01s | $11.7M | $3.3M | 5x |
Binance LDOUSDT
Hyperliquid LDOFunding 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: +0.035% → +0.062%
- −$2.74
- Slippage, 4 orders
- −$32.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$54.52
- Costs to cover
- 0.518%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Hyperliquid: live order book, 3 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, 2 min ago | 1.17 bp | 11.7 bp −$12 | 24.5 bp −$245 | 242.9 bp −$24.3K | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 3.38 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
LDO on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0512% | 1h | 0.4259 | −0.630% | $119K | $43K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4287 | +0.028% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4288 | +0.047% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.107% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0089% | 8h | 0.4284 | −0.047% | $917K | $255K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4287 | +0.029% | $3K | — | 20x | as long as short |
| Hyperliquid LDOshort | +0.0100% | 1h | 0.4288 | +0.035% | $11.7M | $3.3M | 5x | |
| Aster LDOUSDT | +0.0100% | 8h | 0.4291 | +0.108% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4288 | +0.051% | $110K | $131K | 10x | as long as short |
| Binance LDOUSDTlong | +0.0100% | 8h | 0.4286 | long leg | $17.9M | $32.0M | 75x |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Aster LDOUSDT
Pacifica LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LDOUSDT | +0.0100% | 8h | 0.4282 | −0.093% | $16.1M | $10.4M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4281 | −0.117% | $4.0M | $7.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4287 | +0.023% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4285 | −0.023% | $7.7M | $6.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4287 | +0.023% | $2.7M | $4.0M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4282 | −0.093% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4286 | 0.000% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4287 | +0.014% | $87K | $144K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4279 | −0.160% | $201K | $68K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4290 | +0.084% | $304K | $3.3M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4290 | +0.093% | $33K | $639K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4290 | +0.096% | $23K | $686K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4389 | +2.403% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4281 | −0.115% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4286 | +0.005% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4286 | +0.011% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0339% | 1h | 0.4284 | −0.046% | $299K | — | 15x | as long as short |
| Lighter LDO | +0.0400% | 1h | 0.4295 | +0.219% | $872K | $265K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0576% | 1h | 0.4290 | +0.095% | $1.2M | $711K | 50x | as long as short |
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO
Kraken Futures PF_LDOUSD