Funding you earn now, next payment 23:00 UTC−0.0103%/8h= −11.3% APRpaid last 24h +0.008%
Price spread now: Hyperliquid against BloFin+0.120%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$350.350% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 3 days (all we have)+0.092%+$9 · spread now +0.120%, 7d avg +0.141%
=Together, before fees+0.132%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Hyperliquid is 0.021% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.141%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FIL-USDT | 0.9834 | 0.0203 | pay 0.0203% / 8h | 1h 50m | $2.6M | $647K | 75x |
| Short | Hyperliquid FIL | 0.9846 | 0.0100 | get 0.0013% / 1h | 50m 51s | $8.6M | $9.4M | 5x |
BloFin FIL-USDT
Hyperliquid FILFunding 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
- −$21.7
- Price spread: +0.120% → +0.141%
- −$2.06
- Slippage, 4 orders
- −$14.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$58.78
- Costs to cover
- 0.350%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Hyperliquid: 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 BloFin live order book, 2 min ago | 1.02 bp | 7.5 bp −$8 | 12.9 bp −$129 | 36.3 bp −$3,635 | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.97 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.1068% | 1h | 0.9850 | +0.163% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0697% | 1h | 0.9852 | +0.188% | $1.4M | $2.3M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9873 | +0.397% | $316K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9850 | +0.163% | $2K | $182K | 12x | as long as short |
| Lighter FIL | −0.0136% | 1h | 0.9837 | +0.035% | $158K | $337K | 5x | as long as short |
| Bitget FILUSDT | −0.0025% | 8h | 0.9856 | +0.224% | $10.8M | $21.4M | 75x | as long as short |
| Bybit FILUSDT | −0.0011% | 8h | 0.9851 | +0.173% | $15.5M | $17.9M | 25x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9847 | +0.128% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9840 | +0.056% | $57K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0020% | 8h | 0.9848 | +0.142% | $7.4M | $7.0M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Lighter FIL
Bitget FILUSDT
Bybit FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0023% | 8h | 0.9853 | +0.193% | $18.2M | $96.1M | 50x | as long as short |
| Variational Omni FIL | +0.0064% | 8h | 0.9851 | +0.169% | $438K | $277K | — | as long as short |
| MEXC FIL_USDC | +0.0077% | 8h | 0.9842 | +0.081% | $250K | $103K | 50x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9844 | +0.106% | $689K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0083% | 8h | 0.9849 | +0.153% | $56.6M | $174.6M | 75x | as long as short |
| BingX FIL-USDC | +0.0086% | 8h | 0.9850 | +0.163% | — | $6.5M | — | as long as short |
| Hyperliquid FILshort | +0.0100% | 1h | 0.9846 | +0.120% | $8.6M | $9.4M | 5x | |
| Aster FILUSDT | +0.0100% | 8h | 0.9846 | +0.121% | $487K | $515K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9850 | +0.163% | $7.8M | $16.1M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9838 | +0.037% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9867 | +0.337% | $289K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9830 | −0.041% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9848 | +0.143% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9830 | −0.041% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9843 | +0.092% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9844 | +0.102% | $623K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9840 | +0.061% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDTlong | +0.0203% | 8h | 0.9834 | long leg | $2.6M | $647K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0615% / S −0.0742% | 1h | 0.9841 | +0.067% | $213K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
Variational Omni FIL
MEXC FIL_USDC
Extended FIL-USD
Binance FILUSDT
BingX FIL-USDC
Aster FILUSDT
Gate FIL_USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]