Funding you earn now, next payment 22:00 UTC−0.1579%/8h= −172.9% APRpaid last 24h −0.246%
Price spread now: BloFin against Hyperliquid−0.294%67s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.653%−$65 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$47 a day on $10k at the current rate, and BloFin is 0.294% cheaper against Hyperliquid than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.653% in total (about -34.0% 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 APEX | 0.2555 | 0.1650 | pay 0.0206% / 1h | 40m 00s | $2.9M | $121K | 3x |
| Short | BloFin APEX-USDT | 0.2547 | 0.0071 | get 0.0035% / 4h | 2h 40m | $94K | $2K | 25x |
Hyperliquid APEX
BloFin APEX-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
- −$331.57
- Price spread: −0.294% → 0.000%
- −$29.36
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$381.93
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 1 min ago; BloFin: no order-book sample. 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, 1 min ago | 2.93 bp | 52.1 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
APEX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APEX-USDTshort | +0.0071% | 4h | 0.2547 | −0.294% | $94K | $2K | 25x | |
| Bybit APEXUSDT | +0.0100% | 4h | 0.2549 | −0.215% | $3.5M | $1.3M | 25x | as long as short |
| MEXC APEX_USDT | +0.0100% | 4h | 0.2547 | −0.294% | $589K | $251K | 50x | as long as short |
| BingX APEX-USDT | +0.0100% | 4h | 0.2547 | −0.294% | — | $1.3M | — | as long as short |
| Variational Omni APEX | +0.0100% | 4h | 0.2547 | −0.313% | $17K | $4K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2543 | −0.450% | $135K | $481K | 50x | as long as short |
| Lighter APEX | +0.1520% | 1h | 0.2559 | +0.161% | $54K | $20K | 5x | as long as short |
| Hyperliquid APEXlong | +0.1650% | 1h | 0.2555 | long leg | $2.9M | $121K | 3x |
Bybit APEXUSDT
MEXC APEX_USDT
BingX APEX-USDT
Variational Omni APEX
ApeX Omni APEXUSDT
Lighter APEX