After costs, if the gap returns to its 7d average, $10k−$91
spread now−0.068%7d average−0.030%fees + slippage, in and out−$87spread needed0.870%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid W | 0.01163 | 0.0100 | pay 0.0013% / 1h | 0m 56s | $2.0M | $625K | 5x |
| Short | Binance WUSDT | 0.01162 | 0.0100 | get 0.0050% / 4h | 2h 00m | $2.9M | $8.5M | 50x |
Hyperliquid W
Binance WUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$6.83
- Funding while held
- $0
- Slippage, 4 orders
- −$67.95
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$93.78
- Spread needed to break even
- 0.870%
Slippage from Hyperliquid: live order book, 1 min ago; Binance: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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, 1 min ago | 4.32 bp | 19.7 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.43 bp | 25.0 bp −$25 | 77.7 bp −$777 | doesn't fit | doesn't fit |
W price on every exchange
against the cheapest. Click to use as the short leg.Gate0.01160cheapestBybit0.01160+0.026%Variational Omni0.01161+0.056%KuCoin0.01161+0.086%OKX0.01162+0.129%BingX0.01162+0.138%Bitget0.01162+0.172%
Gate
Bybit
Variational Omni
KuCoin
OKX
BingX
BitgetBinance0.01162+0.190%
Extended0.01162+0.191%MEXC0.01162+0.198%
Extended
MEXCHyperliquid0.01163+0.259%
Coinbase International0.01163+0.259%Deribit0.01163+0.267%Backpack0.01164+0.336%Kraken Futures0.01166+0.479%Injective0.01209+4.224%
Coinbase International
Deribit
Backpack
Kraken Futures
InjectiveW on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate W_USDT | −0.258% | +0.0100% | 4h | $440K | $337K | 75x | as long as short |
| Bybit WUSDT | −0.232% | +0.0100% | 4h | $4.0M | $2.4M | 50x | as long as short |
| Variational Omni W | −0.202% | +0.0100% | 4h | $70K | $42K | — | as long as short |
| KuCoin WUSDTM | −0.172% | +0.0100% | 4h | $405K | $248K | 50x | as long as short |
| OKX W-USDT-SWAP | −0.129% | +0.0100% | 4h | $1.3M | $2.4M | 20x | as long as short |
| BingX W-USDT | −0.120% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Bitget WUSDT | −0.086% | +0.0100% | 4h | $1.2M | $604K | 50x | as long as short |
| Binance WUSDTshort | −0.068% | +0.0100% | 4h | $2.9M | $8.5M | 50x | |
| Extended W-USD | −0.068% | +0.0104% | 1h | $58K | $276K | 5x | as long as short |
| MEXC W_USDT | −0.060% | +0.0100% | 4h | $11.5M | $1.4M | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid Wlong | 0.000% | +0.0100% | 1h | $2.0M | $625K | 5x | |
| Coinbase International W-PERP-INTX | 0.000% | +0.0088% | 1h | $14K | $22K | 50x | as long as short |
| Deribit W_USDC-PERPETUAL | +0.009% | −0.0180% | 1h | $18K | $351 | 10x | as long as short |
| Backpack W_USDC_PERP | +0.077% | +0.0100% | 1h | $39K | $49K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.220% | +0.1510% | 1h | $145K | $193K | 20x | as long as short |
| Injective W/USDC PERP | +3.955% | +0.0033% | 1h | $1K | $23K | 12x | as long as short |