Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.090%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$450.448% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.112%−$11 · spread now +0.090%, 7d avg +0.040%
=Together, before fees−0.126%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 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 0.050% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TIAUSDT | 0.4410 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $14.7M | $41.2M | 75x |
| Short | Hyperliquid TIA | 0.4414 | 0.0100 | get 0.0013% / 1h | 10m 21s | $4.5M | $1.5M | 5x |
Funding 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: +0.090% → +0.040%
- $4.99
- Slippage, 4 orders
- −$25.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$39.79
- Costs to cover
- 0.448%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Hyperliquid: live order book, 1 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, 2 min ago | 1.13 bp | 11.0 bp −$11 | 20.8 bp −$208 | 132.3 bp −$13.2K | doesn't fit |
| Sell Hyperliquid live order book, 1 min ago | 0.57 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
TIA on 27 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_TIAUSD | −0.0152% | 1h | 0.4409 | −0.013% | $362K | $225K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0137% | 4h | 0.4406 | −0.080% | $2.8M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0018% | 4h | 0.4407 | −0.057% | $4.3M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4410 | +0.011% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4410 | +0.012% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4412 | +0.065% | $140K | $360K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4409 | −0.012% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4414 | +0.090% | $4.5M | $1.5M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4409 | −0.006% | $35K | $240K | 10x | as long as short |
| Binance TIAUSDTlong | +0.0100% | 4h | 0.4410 | long leg | $14.7M | $41.2M | 75x |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | +0.0100% | 4h | 0.4406 | −0.080% | $9.7M | $12.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4410 | +0.011% | $991K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4410 | +0.011% | $13.1M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4407 | −0.057% | $4.6M | $3.1M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4408 | −0.034% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4402 | −0.179% | $102K | $154K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4398 | −0.255% | $103K | $84K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4403 | −0.148% | $50K | $233K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4407 | −0.057% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4404 | −0.125% | $55K | $184K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4406 | −0.091% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4415 | +0.124% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4407 | −0.059% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4422 | +0.283% | $52K | $76K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4402 | −0.170% | $1.3M | $603K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0462% / S −0.3505% | 1h | 0.4410 | +0.018% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0895% | 1h | 0.4408 | −0.029% | $52K | $199 | 10x | as long as short |
Binance TIAUSDT
Hyperliquid TIA
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Aster TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]