Funding you earn now, next payment 23:00 UTC+0.0130%/8h= +14.3% APRpaid last 24h −0.030%
Price spread now: Hyperliquid against BloFin+0.450%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs+$5as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days−0.165%−$16 on $10k
+Price spread, last 3 days (all we have)−0.301%−$30 · spread now +0.450%, 7d avg +0.058%
=Together, before fees−0.466%+ Points / potential airdropHyperliquid: Season 2 · farm board−$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.392% dearer against BloFin than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.058%. Mind the row above: over the last 7 days funding on this pair cost −0.165%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BCH-USDT | 268.61 | 0.0037 | pay 0.0037% / 8h | 1h 56m | $4.0M | $4.1M | 50x |
| Short | Hyperliquid BCH | 269.82 | 0.0168 | get 0.0021% / 1h | 56m 35s | $6.0M | $4.1M | 10x |
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
- $27.4
- Price spread: +0.450% → +0.058%
- $39.25
- Slippage, 4 orders
- −$13.16
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $32.49
- Costs to cover
- 0.342%
- Break-even
- from the start
Slippage from BloFin: live order book, 2 min ago; Hyperliquid: 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 BloFin live order book, 2 min ago | 0.19 bp | 10.6 bp −$11 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.19 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0237% | 1h | 268.76 | +0.055% | $440K | $247K | 25x | as long as short |
| Phemex BCHUSDT | −0.0175% | 8h | 268.67 | +0.022% | $4.9M | $6.3M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 268.50 | −0.041% | $716 | $110K | 12x | as long as short |
| Binance BCHUSDT | −0.0083% | 8h | 269.50 | +0.330% | $74.3M | $229.7M | 75x | as long as short |
| MEXC BCH_USDT | −0.0082% | 8h | 270.10 | +0.555% | $71.4M | $6.3M | 200x | as long as short |
| Extended BCH-USD | −0.0080% | 1h | 269.50 | +0.331% | $116K | $653K | 25x | as long as short |
| Variational Omni BCH | −0.0071% | 8h | 267.74 | −0.325% | $85K | $291K | — | as long as short |
| Bitget BCHUSDT | −0.0027% | 8h | 269.46 | +0.316% | $20.0M | $29.0M | 75x | as long as short |
| Gate BCH_USDT | −0.0024% | 8h | 269.51 | +0.335% | $8.4M | $14.4M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0013% | 8h | 267.83 | −0.291% | $390K | $17K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BCHUSDT | −0.0002% | 8h | 269.32 | +0.264% | $39.6M | $32.2M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.56 | +0.355% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.29 | −0.119% | $1.0M | $11.2M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.66 | +0.018% | $4K | — | 150x | as long as short |
| Nado BCH-PERP | +0.0014% | 1h | 269.36 | +0.278% | $441K | $425K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 268.55 | −0.022% | $230K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0026% | 8h | 268.75 | +0.052% | $2K | $176 | 10x | as long as short |
| BingX BCH-USDC | +0.0028% | 8h | 269.57 | +0.357% | — | $6.5M | — | as long as short |
| SoDEX BCH-USD | +0.0036% | 1h | 268.60 | −0.004% | $2K | $6K | 10x | as long as short |
| BloFin BCH-USDTlong | +0.0037% | 8h | 268.61 | long leg | $4.0M | $4.1M | 50x | |
| OKX BCH-USDT-SWAP | +0.0041% | 8h | 269.50 | +0.331% | $26.3M | $76.4M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.52 | +0.341% | $378K | $581K | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.45 | +0.312% | $236K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.50 | +0.333% | $170K | $455K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.59 | +0.365% | $8.9M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.15 | −0.173% | $19K | $288K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.95 | −0.246% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.12 | −0.182% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 268.27 | −0.127% | $772K | $1.6M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0113% | 1h | 268.95 | +0.126% | $806K | $3.2M | 50x | as long as short |
| Hyperliquid BCHshort | +0.0168% | 1h | 269.82 | +0.450% | $6.0M | $4.1M | 10x | |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0340% / S −0.0467% | 1h | 268.71 | +0.039% | $26K | — | 100x | as long as short |
BloFin BCH-USDT
Hyperliquid BCH
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Injective BCH/USDC PERP
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Variational Omni BCH
Bitget BCHUSDT
Gate BCH_USDT
GRVT BCH_USDT_Perp
Bybit BCHUSDT
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Coinbase International BCH-PERP-INTX
BingX BCH-USDC
SoDEX BCH-USD
OKX BCH-USDT-SWAP
Lighter BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]