Funding you earn now, next payment 08:00 UTC+0.8716%/8h= +954.4% APRnext payment +$10.90 per $10,000 · paid last 24h +2.188%
Price spread now: Hyperliquid against 01 Exchange+4.256%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$261 a day on $10k at the current rate, and Hyperliquid is 4.256% dearer against 01 Exchange than usual: you sell high and buy low: +$426 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SUSD | 0.03950 | −0.8616 | get 0.1077% / 1h | 43m 10s | $24K | $2K | 5x |
| Short | Hyperliquid S | 0.04118 | 0.0100 | get 0.0013% / 1h | 43m 10s | $1.0M | $580K | 5x |
01 Exchange SUSD
Hyperliquid SFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against 01 Exchange. 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
- $1,830.36
- Price spread: +4.256% → 0.000%
- $425.57
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $2,239.93
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Hyperliquid: live order book, 7 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 7 min ago | 3.08 bp | 18.9 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSDlong | −0.8616% | 1h | 0.03950 | long leg | $24K | $2K | 5x | |
| Kraken Futures PF_SUSD | −0.1924% | 1h | 0.04107 | +3.979% | $35K | $16K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1064% | 1h | 0.03961 | +0.278% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04112 | +4.101% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04117 | +4.216% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04104 | +3.911% | $633 | — | 150x | as long as short |
| Variational Omni S | +0.0013% | 4h | 0.04091 | +3.575% | $635K | $17K | — | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +3.797% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0095% | 4h | 0.04108 | +4.000% | $102K | $585K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04112 | +4.101% | $179K | $140K | 5x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Variational Omni S
Injective S/USDC PERP
Orderly PERP_S_USDC
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid Sshort | +0.0100% | 1h | 0.04118 | +4.256% | $1.0M | $580K | 5x | |
| Aster SUSDT | +0.0100% | 4h | 0.04108 | +4.011% | $48K | $110K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04108 | +4.011% | $5.8M | $13.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04101 | +3.823% | $5.8M | $4.1M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04109 | +4.025% | $1.0M | $3.8M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04112 | +4.101% | $335K | $174K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04108 | +4.000% | $4.2M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04115 | +4.177% | $1.9M | $2.8M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04108 | +4.000% | $1.2M | $2.3M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04110 | +4.051% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04110 | +4.051% | $24K | $490K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04103 | +3.871% | $231K | $1.3M | 10x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0237% | 1h | 0.04109 | +4.025% | $69K | $10K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04115 | +4.177% | $280K | $117K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.1510% | 1h | 0.04120 | +4.304% | $117K | $439K | 5x | as long as short |
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
Deribit S_USDC-PERPETUAL
BloFin S-USDT
Backpack S_USDC_PERP