Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.015%
Price spread now: BloFin against Hyperliquid−0.044%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+0.664%+$66 · spread now −0.044%, 7d avg +0.061%
=Together, before fees+0.749%+ Points / potential airdropHyperliquid: Season 2 · farm board+$75 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 0.106% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.061%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.085%, 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 ATOM | 1.8048 | 0.0100 | pay 0.0013% / 1h | 57m 11s | $2.8M | $745K | 5x |
| Short | BloFin ATOM-USDT | 1.8040 | 0.0078 | get 0.0078% / 8h | 4h 57m | $1.1M | $297K | 75x |
Hyperliquid ATOM
BloFin ATOM-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
- −$4.7
- Price spread: −0.044% → +0.061%
- −$10.56
- Slippage, 4 orders
- −$41.99
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78.25
- Costs to cover
- 0.630%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; BloFin: live order book, 5 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, 4 min ago | 1.66 bp | 15.5 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 2.77 bp | 21.1 bp −$21 | 32.4 bp −$324 | 87.8 bp −$8,778 | doesn't fit |
ATOM on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0312% | 1h | 1.7940 | −0.598% | $25K | $5K | 25x | as long as short |
| Variational Omni ATOM | −0.0072% | 8h | 1.8051 | +0.018% | $577K | $74K | — | as long as short |
| Bybit ATOMUSDT | −0.0034% | 8h | 1.8040 | −0.044% | $15.0M | $9.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0027% | 8h | 1.8060 | +0.066% | $5.1M | $5.5M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8038 | −0.055% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8075 | +0.150% | $497 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8066 | +0.101% | $802 | — | 150x | as long as short |
| BloFin ATOM-USDTshort | +0.0078% | 8h | 1.8040 | −0.044% | $1.1M | $297K | 75x | |
| Hyperliquid ATOMlong | +0.0100% | 1h | 1.8048 | long leg | $2.8M | $745K | 5x | |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8036 | −0.065% | $978K | $239K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
Bybit ATOMUSDT
OKX ATOM-USDT-SWAP
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8041 | −0.041% | $21.4M | $29.9M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8040 | −0.044% | $2.5M | $807K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8040 | −0.044% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8040 | −0.044% | $1.6M | $677K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8090 | +0.233% | $6.8M | $2.6M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8030 | −0.100% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8065 | +0.096% | $444K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8058 | +0.054% | $763K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8015 | −0.183% | $314K | $175K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8030 | −0.100% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8032 | −0.090% | $5K | $204K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0116% | 1h | 1.8090 | +0.233% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8067 | +0.104% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8040 | −0.046% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0356% | 1h | 1.8100 | +0.288% | $3.1M | $719K | 50x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Kraken Futures PF_ATOMUSD