Funding you earn now, next payment 04:00 UTC+0.0081%/8h= +8.8% APRpaid last 24h +0.188%
Price spread now: Hyperliquid against Binance+0.121%7-day average +0.153% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.412%+$41 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.121%, 7d avg +0.153%
=Together, before fees+0.395%+ Points / potential airdropHyperliquid: Season 2 · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.033% cheaper against Binance than usual: you would sell low and buy high (spread +0.121% now, against its 7-day average of +0.153%). If the spread goes back, that is −$3 on $10k: about 32 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.412% in total) that is about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKYUSDT | 0.06872 | 0.0100 | pay 0.0050% / 4h | 48m 19s | $15.7M | $10.9M | 75x |
| Short | Hyperliquid SKY | 0.06880 | 0.0181 | get 0.0023% / 1h | 48m 19s | $2.8M | $929K | 3x |
Binance SKYUSDT
Hyperliquid SKYFunding 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
- $16.92
- Price spread: +0.121% → +0.153%
- −$3.27
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$5.35
- Costs to cover
- 0.190%
- Break-even
- 9.2 days
Slippage unknown: Binance: live order book, 7 min ago; Hyperliquid: live order book, 3 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 Binance live order book, 7 min ago | 1.45 bp | 16.7 bp −$17 | 57.2 bp −$572 | 362.7 bp −$36.3K | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 2.18 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
SKY on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0252% | 4h | 0.06861 | −0.155% | $183K | $113K | — | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +0.307% | $376 | $303K | 12x | as long as short |
| Bybit SKYUSDT | +0.0056% | 4h | 0.06865 | −0.101% | $7.2M | $3.2M | 25x | as long as short |
| BloFin SKY-USDT | +0.0065% | 4h | 0.06872 | +0.001% | $584K | $29K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06869 | −0.042% | $179K | $177K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06870 | −0.028% | $73K | $30K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06870 | −0.030% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDTlong | +0.0100% | 4h | 0.06872 | long leg | $15.7M | $10.9M | 75x | |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06867 | −0.072% | $823K | $1.2M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06864 | −0.115% | $596K | $271K | 50x | as long as short |
Variational Omni SKY
Injective SKY/USDC PERP
Bybit SKYUSDT
BloFin SKY-USDT
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06871 | −0.013% | $1.0M | $262K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06870 | −0.028% | $404K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06870 | −0.028% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06869 | −0.042% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06870 | −0.028% | $27K | $662K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06871 | −0.021% | $1K | $3K | 10x | as long as short |
| Hyperliquid SKYshort | +0.0181% | 1h | 0.06880 | +0.121% | $2.8M | $929K | 3x | |
| GMX SKY/USD [ETH-USDC] | L +0.0523% / S −0.0248% | 1h | 0.06869 | −0.045% | $81K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]