Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01314 | +0.1544 | pay 0.0772% / 4h | 8m 15s | $102K | $3K | 25x | Long BloFin | |
| SHORT | 0.01315 | +0.0313 | get 0.0039% / 1h | 8m 15s | $1.2M | $1.4M | 3x | Short Hyperliquid4% off |
Price gap+0.126%
Funding gap−0.1231% /8h
Funding costs $37 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$17−0.1231% /8h now · paid +0.174% over the last 7D
Price+$2spread +0.126% now, avg +0.109% → +0.017% if it goes back
Costs−$1471.466% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.174% in total, about +0.0083%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.126%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hGOAT on 10 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size44.7 / 22.4 bpAt $10k entering BloFin costs 44.7 bp, fee and slippage, 2.0× Hyperliquid’s.
- Note: Margin at max leverage$400 + $3,333BloFin 25x, Hyperliquid 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$36.94Long BloFin: 6 payments, −$46.32; short Hyperliquid: 24 payments, +$9.38.
- Note: Gap at its usual level+0.126% vs +0.109%The price leg adds little either way.
- Watch: Long leg is thinner$102K vs $1.2M OIBloFin sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- Watch: KYCBloFin Limited · Hyperliquid NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0083%/8h × 21 periods+$17.40
Price spread+0.126% → +0.109% (7d avg)+$1.67
Slippage, 4 orderslive order books−$125.60
Fee BloFin bp × 2 orders−$12.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k−$127.52
Costs to cover1.466%Break-even58.3 days
Slippage: BloFin: live order book, 18 min ago; Hyperliquid: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin3.8244.7 bp−$45437.6 bp−$4,376doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid12.5522.4 bp−$2292.9 bp−$929doesn’t fitdoesn’t fit
Closing costs about the same again.

