Funding you earn now, next payment 04:00 UTC−0.0278%/8h= −30.5% APRpaid last 24h −0.028%
Price spread now: Binance against Hyperliquid−0.147%7-day average −0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 7 days+0.165%+$17 · spread now −0.147%, 7d avg −0.037%
=Together, before fees+0.099%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.110% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.066% in total (about -3.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STX | 0.3373 | 0.0378 | pay 0.0047% / 1h | 51m 39s | $1.5M | $707K | 5x |
| Short | Binance STXUSDT | 0.3368 | 0.0100 | get 0.0100% / 8h | 4h 51m | $7.7M | $17.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. 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
- −$58.4
- Price spread: −0.147% → −0.037%
- −$11.03
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.43
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Binance: live order book, 4 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 Hyperliquid live order book, 9 min ago | 1.04 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.48 bp | 17.7 bp −$18 | 64.8 bp −$648 | doesn't fit | doesn't fit |
STX 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STXUSD | −0.0861% | 1h | 0.3368 | −0.151% | $68K | $112K | 20x | as long as short |
| Variational Omni STX | −0.0298% | 8h | 0.3376 | +0.096% | $778K | $230K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3369 | −0.106% | — | — | 150x | as long as short |
| Gate STX_USDT | +0.0016% | 8h | 0.3360 | −0.377% | $594K | $330K | 50x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +2.677% | $4K | $264K | 12x | as long as short |
| BloFin STX-USDT | +0.0093% | 8h | 0.3381 | +0.246% | $412K | $216K | 20x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3367 | −0.156% | $126K | $56K | 10x | as long as short |
| Binance STXUSDTshort | +0.0100% | 8h | 0.3368 | −0.147% | $7.7M | $17.6M | 75x | |
| Bybit STXUSDT | +0.0100% | 8h | 0.3364 | −0.258% | $8.6M | $6.3M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3368 | −0.139% | $2.3M | $5.2M | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3368 | −0.139% | $6.0M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3367 | −0.169% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3366 | −0.199% | $4.6M | $1.9M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3366 | −0.199% | — | $13.6M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3361 | −0.347% | $59K | $698K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3367 | −0.157% | $180K | $619K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0190% / S −0.0304% | 1h | 0.3366 | −0.190% | $4K | — | 100x | as long as short |
| Hyperliquid STXlong | +0.0378% | 1h | 0.3373 | long leg | $1.5M | $707K | 5x |
Hyperliquid STX
Binance STXUSDT
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Gate STX_USDT
Injective STX/USDC PERP
BloFin STX-USDT
Aster STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]