Funding you earn now, next payment 05:00 UTC−0.0056%/8h= −6.2% APRpaid last 24h +0.046%
Price spread now: Hyperliquid against BloFin+0.046%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 4 days (all we have)−0.637%−$64 · spread now +0.046%, 7d avg +0.091%
=Together, before fees−0.539%+ Points / potential airdropHyperliquid: Season 2 · farm board−$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hyperliquid is 0.045% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.091%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.098%, 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 | BloFin ARB-USDT | 0.2193 | 0.0156 | pay 0.0156% / 8h | 3h 32m | $3.1M | $2.5M | 75x |
| Short | Hyperliquid ARB | 0.2194 | 0.0100 | get 0.0013% / 1h | 32m 55s | $37.5M | $48.4M | 10x |
BloFin ARB-USDT
Hyperliquid ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- −$11.84
- Price spread: +0.046% → +0.091%
- −$4.52
- Slippage, 4 orders
- −$15.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$53.34
- Costs to cover
- 0.370%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Hyperliquid: live order book, 11 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 BloFin live order book, 5 min ago | 0.69 bp | 11.2 bp −$11 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.23 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
ARB on 36 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 ARB/USDC PERP | −0.1589% | 1h | 0.2181 | −0.552% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0165% | 1h | 0.2192 | −0.055% | $69K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0107% | 8h | 0.2193 | −0.014% | $22.1M | $142.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2193 | +0.005% | $41.9M | $60.5M | 200x | as long as short |
| Variational Omni ARB | −0.0102% | 8h | 0.2183 | −0.453% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0070% | 8h | 0.2192 | −0.050% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0055% | 8h | 0.2193 | +0.009% | $55.3M | $123.5M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2193 | −0.023% | $1.1M | $4.4M | 50x | as long as short |
| Gate ARB_USDT | −0.0017% | 8h | 0.2194 | +0.050% | $5.3M | $18.1M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2192 | −0.073% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
Gate ARB_USDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ARBUSD | 0.0000% | 1h | 0.2192 | −0.041% | $7K | $2K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2192 | −0.032% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0039% | 8h | 0.2194 | +0.041% | $63.9M | $299.5M | 75x | as long as short |
| Extended ARB-USD | +0.0040% | 1h | 0.2192 | −0.054% | $349K | $2.5M | 25x | as long as short |
| Bitget ARBUSDT | +0.0056% | 8h | 0.2193 | −0.005% | $20.8M | $34.0M | 50x | as long as short |
| BingX ARB-USDT | +0.0057% | 8h | 0.2193 | +0.009% | — | $53.6M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2193 | +0.012% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2193 | −0.018% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARBshort | +0.0100% | 1h | 0.2194 | +0.046% | $37.5M | $48.4M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2194 | +0.041% | $631K | $1.5M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2191 | −0.098% | $42K | $159K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2195 | +0.064% | $19.6M | $14.7M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2187 | −0.299% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2186 | −0.345% | $471K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2192 | −0.050% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.087% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2192 | −0.032% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2193 | +0.018% | $298K | $885K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2192 | −0.050% | $4.9M | $12.8M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.0115% | 1h | 0.2193 | +0.018% | $24K | $34K | 25x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2193 | −0.025% | $474K | $2.6M | 10x | as long as short |
| BloFin ARB-USDTlong | +0.0156% | 8h | 0.2193 | long leg | $3.1M | $2.5M | 75x | |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2194 | +0.036% | $494K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2193 | −0.023% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2190 | −0.136% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0537% | 1h | 0.2196 | +0.137% | $987K | $2.8M | 20x | as long as short |
01 Exchange ARBUSD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Deribit ARB_USDC-PERPETUAL
RISEx ARB/USDC
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP