Funding you earn now, next payment 23:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.002%
Price spread now: Hyperliquid against BloFin−0.057%107s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$890.885% of the position
Funding, last 7 days−0.329%−$33 on $10k
+Price spread, last 3 days (all we have)−0.144%−$14 · spread now −0.057%, 7d avg −0.024%
=Together, before fees−0.473%+ Points / potential airdropHyperliquid: Season 2 · farm board−$47 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 Hyperliquid is 0.033% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.024%). Swap the legs. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BABY-USDT | 0.01228 | 0.0140 | pay 0.0070% / 4h | 1h 35m | $260K | $25K | 50x |
| Short | Hyperliquid BABY | 0.01227 | 0.0100 | get 0.0013% / 1h | 35m 24s | $124K | $94K | 3x |
Funding 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
- −$8.42
- Price spread: −0.057% → −0.024%
- −$3.33
- Slippage, 4 orders
- −$67.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$100.25
- Costs to cover
- 0.885%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 41 min ago; Hyperliquid: live order book, 34 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, 41 min ago | 8.16 bp | 18.4 bp −$18 | 53.1 bp −$531 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 34 min ago | 2.04 bp | 20.9 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
BABY on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BABYshort | +0.0100% | 1h | 0.01227 | −0.057% | $124K | $94K | 3x | |
| Aster BABYUSDT | +0.0100% | 4h | 0.01227 | −0.079% | $5K | $9K | 5x | as long as short |
| Binance BABYUSDT | +0.0100% | 4h | 0.01227 | −0.048% | $3.3M | $4.1M | 50x | as long as short |
| Bybit BABYUSDT | +0.0100% | 4h | 0.01226 | −0.171% | $803K | $785K | 25x | as long as short |
| OKX BABY-USDT-SWAP | +0.0100% | 4h | 0.01228 | −0.033% | $362K | $526K | 10x | as long as short |
| Gate BABY_USDT | +0.0100% | 4h | 0.01225 | −0.244% | $145K | $110K | 50x | as long as short |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01227 | −0.081% | $1.1M | $137K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01225 | −0.244% | $429K | $52K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01227 | −0.081% | $522K | $167K | 50x | as long as short |
| BingX BABY-USDT | +0.0100% | 4h | 0.01226 | −0.163% | — | $6.5M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BABY-USD | +0.0104% | 1h | 0.01226 | −0.139% | $4K | $215K | 5x | as long as short |
| BloFin BABY-USDTlong | +0.0140% | 4h | 0.01228 | long leg | $260K | $25K | 50x |
BloFin BABY-USDT
Hyperliquid BABY
Aster BABYUSDT
Binance BABYUSDT
Bybit BABYUSDT
OKX BABY-USDT-SWAP
Gate BABY_USDT
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDT
BingX BABY-USDT
Extended BABY-USD