Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.089%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.089%, 7d avg +0.059%
=Together, before fees−0.004%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 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 0.030% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SUSHIUSDT | 0.2539 | 0.0100 | pay 0.0100% / 8h | 7h 54m | $4.0M | $9.5M | 75x |
| Short | Hyperliquid SUSHI | 0.2542 | 0.0100 | get 0.0013% / 1h | 54m 03s | $333K | $341K | 3x |
Binance SUSHIUSDT
Hyperliquid SUSHIFunding 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: +0.089% → +0.059%
- $2.98
- Slippage, 4 orders
- −$50.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$66.61
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from Binance: live order book, just now; Hyperliquid: live order book, 56 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, just now | 1.97 bp | 15.2 bp −$15 | 43.8 bp −$438 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 56 min ago | 0.59 bp | 20.1 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
SUSHI on 15 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 SUSHI | −0.0005% | 8h | 0.2539 | −0.010% | $41K | $7K | — | as long as short |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | +0.223% | $16 | $18K | 5.5x | as long as short |
| Bybit SUSHIUSDT | +0.0064% | 8h | 0.2537 | −0.076% | $2.6M | $3.1M | 75x | as long as short |
| Bitget SUSHIUSDT | +0.0080% | 8h | 0.2538 | −0.053% | $975K | $786K | 50x | as long as short |
| Hyperliquid SUSHIshort | +0.0100% | 1h | 0.2542 | +0.089% | $333K | $341K | 3x | |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2541 | +0.061% | $21K | $15K | 5x | as long as short |
| Binance SUSHIUSDTlong | +0.0100% | 8h | 0.2539 | long leg | $4.0M | $9.5M | 75x | |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2539 | −0.013% | $1.5M | $3.8M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2540 | +0.026% | $575K | $268K | 50x | as long as short |
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2538 | −0.053% | $1.2M | $278K | 75x | as long as short |
Variational Omni SUSHI
Injective SUSHI/USDC PERP
Bybit SUSHIUSDT
Bitget SUSHIUSDT
Aster SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDT
MEXC SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2539 | −0.013% | $1.2M | $251K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2540 | +0.026% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2545 | +0.223% | $85K | $78K | 75x | as long as short |
| BloFin SUSHI-USDT | +0.0109% | 8h | 0.2534 | −0.210% | $207K | $49K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0317% | 1h | 0.2541 | +0.053% | $765K | $66K | 20x | as long as short |
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT
BloFin SUSHI-USDT
Kraken Futures PF_SUSHIUSD