Funding you earn now, next payment 03:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.003%
Price spread now: BloFin against Hyperliquid−0.013%7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$750.752% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 4 days (all we have)+0.818%+$82 · spread now −0.013%, 7d avg +0.071%
=Together, before fees+0.937%+ Points / potential airdropHyperliquid: Season 2 · farm board+$94 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.084% cheaper against Hyperliquid than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.071%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.119%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ALT | 0.007662 | 0.0100 | pay 0.0013% / 1h | 19m 06s | $1.1M | $193K | 3x |
| Short | BloFin ALT-USDT | 0.007661 | 0.0067 | get 0.0033% / 4h | 1h 19m | $124K | $10K | 50x |
Hyperliquid ALT
BloFin ALT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$6.99
- Price spread: −0.013% → +0.071%
- −$8.37
- Slippage, 4 orders
- −$54.25
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.61
- Costs to cover
- 0.752%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 1 min ago; BloFin: live order book, 18 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 Hyperliquid live order book, 1 min ago | 1.31 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 3.28 bp | 20.6 bp −$21 | 53.1 bp −$531 | doesn't fit | doesn't fit |
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007604 | −0.757% | $827 | $4K | 5.5x | as long as short |
| BloFin ALT-USDTshort | +0.0067% | 4h | 0.007661 | −0.013% | $124K | $10K | 50x | |
| Hyperliquid ALTlong | +0.0100% | 1h | 0.007662 | long leg | $1.1M | $193K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007668 | +0.078% | $2.6M | $3.7M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007662 | 0.000% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007663 | +0.013% | $50K | $400K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007667 | +0.065% | $422K | $182K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007661 | −0.013% | $152K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007661 | −0.013% | $606K | $107K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007666 | +0.052% | — | $1.3M | — | as long as short |
Injective ALT/USDC PERP
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.0100% | 4h | 0.007653 | −0.116% | $4K | $16K | — | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.0141% | 1h | 0.007666 | +0.052% | — | $0 | 25x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0440% | 1h | 0.007675 | +0.170% | $14K | $3K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0443% | 1h | 0.007672 | +0.134% | $45K | $8K | 10x | as long as short |
Variational Omni ALT
Deribit ALT_USDC-PERPETUAL
Coinbase International ALT-PERP-INTX
Kraken Futures PF_ALTUSD