Funding you earn now, next payment 02:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h +0.021%
Price spread now: Hyperliquid against BloFin−0.140%7-day average +0.170% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$720.720% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.140%, 7d avg +0.170%
=Together, before fees+0.180%+ Points / potential airdropHyperliquid: Season 2 · farm board+$18 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 0.310% cheaper against BloFin than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.170%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.113%, 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 CHIP-USDT | 0.04653 | 0.0138 | pay 0.0069% / 4h | 2h 56m | $552K | $65K | 50x |
| Short | Hyperliquid CHIP | 0.04646 | 0.0100 | get 0.0013% / 1h | 56m 52s | $14.6M | $6.5M | 3x |
BloFin CHIP-USDT
Hyperliquid CHIPFunding 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
- Price spread: −0.140% → +0.170%
- −$31
- Slippage, 4 orders
- −$51.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$111.02
- Costs to cover
- 0.720%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 9 min ago; Hyperliquid: live order book, 6 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, 9 min ago | 1.07 bp | 19.4 bp −$19 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.11 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
CHIP on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0493% | 1h | 0.04648 | −0.107% | $14K | $230K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0293% | 1h | 0.04667 | +0.301% | $16K | $251K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04665 | +0.258% | $3K | $128K | 5x | as long as short |
| Nado CHIP-PERP | −0.0106% | 1h | 0.04661 | +0.183% | $235K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0017% | 4h | 0.04637 | −0.344% | $1.9M | $9.1M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04643 | −0.215% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIPshort | +0.0100% | 1h | 0.04646 | −0.140% | $14.6M | $6.5M | 3x | |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04648 | −0.097% | $48K | $237K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04665 | +0.256% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04637 | −0.344% | $14.0M | $26.1M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Lighter CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04644 | −0.193% | $10.8M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04646 | −0.150% | $686K | $896K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04639 | −0.301% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04649 | −0.086% | $975K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04643 | −0.215% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04638 | −0.322% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04662 | +0.197% | $876K | $458K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04659 | +0.129% | $869 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04640 | −0.282% | $216K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDTlong | +0.0138% | 4h | 0.04653 | long leg | $552K | $65K | 50x | |
| Aftermath Perps CHIPUSD | +0.0302% | 1h | 0.04674 | +0.441% | $86 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +1.324% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.1445% | 1h | 0.04668 | +0.318% | $10K | $24K | 10x | as long as short |
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL