ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.042%

Price spread now: Hyperliquid against BloFin+0.139%7-day average +0.150% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$560.561% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.394%−$39 on $10k

Price spread, last 4 days (all we have)+0.197%+$20 · spread now +0.139%, 7d avg +0.150%

Together, before fees−0.196%+ Points / potential airdropHyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.150%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ETHFI-USDT	0.7146	0.0340	pay 0.0170% / 4h	1h 19m	$1.2M	$250K	75x
Short	Hyperliquid ETHFI	0.7156	0.0100	get 0.0013% / 1h	19m 00s	$17.9M	$8.1M	5x

Funding history

latest

Range statsloading…

Hyperliquid against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BloFinbpFee HyperliquidbpOrdersPrice spread, now +0.139%Rate

Slippage from BloFin: live order book, 3 min ago; Hyperliquid: live order book, 4 min ago.

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, 3 min ago	0.70 bp	14.2 bp −$14	22.6 bp −$226	83.9 bp −$8,391	doesn't fit
Sell Hyperliquid live order book, 4 min ago	0.98 bp	18.0 bp −$18	doesn't fit	doesn't fit	doesn't fit

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 ETHFI_USDC-PERPETUAL	−0.0448%	1h	0.7157	+0.154%	$41K	$12K	10x	as long as short
Orderly PERP_ETHFI_USDC	−0.0202%	4h	0.7152	+0.084%	$16K	$1K	10x	as long as short
HTX ETHFI-USDT	−0.0087%	4h	0.7123	−0.322%	$88K	$168K	20x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+1.315%	$321	$51K	5.5x	as long as short
Paradex ETHFI-USD-PERP	+0.0079%	8h	0.7152	+0.081%	$6K	—	5x	as long as short
Lighter ETHFI	+0.0096%	1h	0.7165	+0.271%	$1.1M	$888K	5x	as long as short
Hyperliquid ETHFIshort	+0.0100%	1h	0.7156	+0.139%	$17.9M	$8.1M	5x
Aster ETHFIUSDT	+0.0100%	4h	0.7158	+0.167%	$183K	$256K	10x	as long as short
Binance ETHFIUSDT	+0.0100%	4h	0.7149	+0.038%	$24.9M	$35.6M	75x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7154	+0.112%	$17.9M	$12.6M	25x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7156	+0.140%	$5.1M	$12.3M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7162	+0.224%	$1.7M	$2.0M	75x	as long as short
MEXC ETHFI_USDT	+0.0100%	4h	0.7150	+0.056%	$15.5M	$4.0M	125x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7161	+0.210%	$1.2M	$253K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7153	+0.098%	$6.2M	$5.3M	75x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7156	+0.140%	—	$1.2M	—	as long as short
Variational Omni ETHFI	+0.0100%	4h	0.7156	+0.135%	$1.0M	$716K	—	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7158	+0.168%	$2K	$1.1M	20x	as long as short
Extended ETHFI-USD	+0.0104%	1h	0.7151	+0.070%	$97K	$379K	10x	as long as short
Aevo ETHFI-PERP	+0.0104%	1h	0.7151	+0.068%	$9K	—	3x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0305%	1h	0.7158	+0.166%	$271K	$202K	20x	as long as short
BloFin ETHFI-USDTlong	+0.0340%	4h	0.7146	long leg	$1.2M	$250K	75x
Polymarket Perps ETHFI-USD	+0.0495%	1h	0.7165	+0.266%	$71K	$118K	5x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0512%	1h	0.7169	+0.322%	$31K	$6K	50x	as long as short