Funding you earn now, next payment 21:00 UTC+0.0252%/8h= +27.6% APRnext payment +$0.32 per $10,000 · paid last 24h +0.092%
Price spread now: Hyperliquid against Coinbase International−0.258%7-day average +0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.169%+$117 on $10k
+Price spread, last 3 days (all we have)−0.184%−$18 · spread now −0.258%, 7d avg +0.002%
=Together, before fees+0.985%+ Points / potential airdropHyperliquid: Season 2 · farm board+$98 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.261% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.258% now, against its 7-day average of +0.002%). If the spread goes back, that is −$26 on $10k: about 3.4 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+1.169% in total) that is about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LIT-PERP-INTX | 4.7487 | −0.0152 | get 0.0019% / 1h | 32m 33s | $657K | $402K | 50x |
| Short | Hyperliquid LIT | 4.7364 | 0.0100 | get 0.0013% / 1h | 32m 33s | $210.6M | $44.7M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Coinbase International. 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
- $52.92
- Price spread: −0.258% → +0.002%
- −$26.07
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $7.85
- Costs to cover
- 0.190%
- Break-even
- 6.0 days
Slippage unknown: Coinbase International: live order book, 55 min ago; Hyperliquid: live order book, 11 min ago. Net counts fees only.
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 Coinbase International live order book, 55 min ago | 7.23 bp | 22.1 bp −$22 | 51.4 bp −$514 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.11 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
LIT on 42 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.1061% | 1h | 4.7396 | −0.191% | $42K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0708% | 4h | 4.7330 | −0.330% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0594% | 4h | 4.7323 | −0.345% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0584% | 1h | 4.7285 | −0.425% | $33K | $4K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0458% | 1h | 4.7395 | −0.193% | $666K | $1.5M | 5x | as long as short |
| Phemex LITUSDT | −0.0446% | 4h | 4.7360 | −0.267% | $1.3M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0387% | 1h | 4.7368 | −0.249% | $85K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0305% | 4h | 4.7316 | −0.359% | $24.9M | $61.3M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0304% | 4h | 4.7359 | −0.269% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0304% | 4h | 4.7340 | −0.310% | $891K | $1.9M | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0283% | 4h | 4.7309 | −0.374% | $42.8M | $30.5M | 75x | as long as short |
| Coinbase International LIT-PERP-INTXlong | −0.0152% | 1h | 4.7487 | long leg | $657K | $402K | 50x | |
| Phoenix LIT | −0.0050% | 1h | 4.7438 | −0.102% | $246K | $321K | 5x | as long as short |
| Extended LIT-USD | −0.0040% | 1h | 4.7307 | −0.379% | $5.2M | $5.1M | 25x | as long as short |
| SoDEX LIT-USD | −0.0034% | 1h | 4.7375 | −0.235% | $984 | $487K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0031% | 8h | 4.7295 | −0.404% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7355 | −0.277% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7420 | −0.139% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7363 | −0.259% | $815K | $2.0M | 5x | as long as short |
| Bulk LIT-USD | +0.0018% | 1h | 4.7345 | −0.298% | $119K | $6K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0022% | 1h | 4.7414 | −0.153% | $448K | $105K | 10x | as long as short |
| MEXC LIT_USDT | +0.0026% | 4h | 4.7283 | −0.429% | $5.8M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0029% | 4h | 4.7317 | −0.358% | $288K | $311K | 10x | as long as short |
| Binance LITUSDT | +0.0030% | 4h | 4.7292 | −0.409% | $74.7M | $81.0M | 75x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.165% | $422 | $178K | 5.5x | as long as short |
| Aevo LIT-PERP | +0.0040% | 1h | 4.7364 | −0.257% | $148K | $44K | 3x | as long as short |
| Nado LIT-PERP | +0.0054% | 1h | 4.7390 | −0.203% | $2.1M | $1.7M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7403 | −0.176% | $59.4M | $30.0M | 5x | as long as short |
| Hyperliquid LITshort | +0.0100% | 1h | 4.7364 | −0.258% | $210.6M | $44.7M | 5x | |
| Aster LITUSDT | +0.0100% | 4h | 4.7378 | −0.229% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7365 | −0.256% | $585K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7334 | −0.321% | $117K | $447K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7380 | −0.224% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7400 | −0.182% | $56K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7429 | −0.122% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7426 | −0.128% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7453 | −0.071% | $190K | $329K | 30x | as long as short |
| BloFin LIT-USDT | +0.0106% | 4h | 4.7380 | −0.224% | $1.5M | $2.0M | 75x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7454 | −0.069% | $31K | $841K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0192% | 1h | 4.7438 | −0.102% | $11K | $198K | 10x | as long as short |
| Lighter RH LIT | +0.0336% | 1h | 4.7421 | −0.138% | $3.7M | $14.2M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0358% / S −0.0155% | 1h | 4.7418 | −0.144% | $59K | — | 50x | as long as short |
Coinbase International LIT-PERP-INTX
Hyperliquid LIT
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
01 Exchange LITUSD
Backpack LIT_USDC_PERP
Phemex LITUSDT
Bullet LIT-USD
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Bybit LITUSDT
Phoenix LIT
Extended LIT-USD
SoDEX LIT-USD
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Bulk LIT-USD
Polymarket Perps LIT-USD
MEXC LIT_USDT
edgeX LITUSDC
Binance LITUSDT
Injective LIT/USDC PERP
Lighter LIT
Aster LITUSDT
Pacifica LIT
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
BloFin LIT-USDT
Aftermath Perps LITUSD
Lighter RH LIT
GMX LIT/USD [ETH-USDC]