Funding you earn now, next payment 07:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.019%
Price spread now: BloFin against Hyperliquid−0.235%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$650.650% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)+0.145%+$15 · spread now −0.235%, 7d avg −0.187%
=Together, before fees+0.295%+ Points / potential airdropHyperliquid: Season 2 · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.048% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.235% now, against its 7-day average of −0.187%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.150% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% 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 CC | 0.1192 | 0.0100 | pay 0.0013% / 1h | 9m 01s | $5.5M | $1.3M | 3x |
| Short | BloFin CC-USDT | 0.1189 | 0.0340 | get 0.0170% / 4h | 1h 09m | $599K | $95K | 75x |
Hyperliquid CC
BloFin CC-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
- $50.4
- Price spread: −0.235% → −0.187%
- −$4.83
- Slippage, 4 orders
- −$43.99
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$19.43
- Costs to cover
- 0.650%
- Break-even
- 9.7 days
Slippage from Hyperliquid: live order book, 3 min ago; BloFin: live order book, 12 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, 3 min ago | 0.42 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 12 min ago | 1.27 bp | 23.7 bp −$24 | 68.3 bp −$683 | doesn't fit | doesn't fit |
CC on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CC_USDT | +0.0032% | 4h | 0.1190 | −0.151% | $1.9M | $362K | 100x | as long as short |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | −0.998% | $402 | $3K | 5.5x | as long as short |
| Bybit CCUSDT | +0.0045% | 4h | 0.1190 | −0.176% | $11.0M | $3.8M | 25x | as long as short |
| Paradex CC-USD-PERP | +0.0096% | 8h | 0.1189 | −0.278% | $1K | — | 5x | as long as short |
| Hyperliquid CClong | +0.0100% | 1h | 0.1192 | long leg | $5.5M | $1.3M | 3x | |
| Aster CCUSDT | +0.0100% | 4h | 0.1190 | −0.138% | $35K | $27K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1190 | −0.197% | $11.2M | $11.9M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1191 | −0.076% | $2.6M | $3.1M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1190 | −0.201% | $364K | $197K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1191 | −0.117% | $491K | $102K | 50x | as long as short |
MEXC CC_USDT
Injective CC/USDC PERP
Bybit CCUSDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1191 | −0.084% | $928K | $745K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1190 | −0.151% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1190 | −0.185% | $16K | $23K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1185 | −0.614% | $604K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1185 | −0.565% | $86K | $2.9M | 10x | as long as short |
| BloFin CC-USDTshort | +0.0340% | 4h | 0.1189 | −0.235% | $599K | $95K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0452% / S −0.0241% | 1h | 0.1191 | −0.057% | $44K | — | 50x | as long as short |
| Lighter CC | +0.1096% | 1h | 0.1196 | +0.344% | $255K | $172K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
GMX CC/USD [WBTC.b-USDC]
Lighter CC