Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01316 | +0.0100 | pay 0.0013% / 1h | 58m 26s | $1.2M | $1.4M | 3x | Long Hyperliquid4% off | |
| SHORT | 0.01314 | +0.1446 | get 0.0723% / 4h | 3h 58m | $103K | $3K | 25x | Short BloFin |
Price gap−0.182%
Funding gap+0.1346% /8h
Funding pays +$40 a day on $10k, but the gap is 0.074% under its 7d average: −$7 if it goes back, about 4 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$17+0.1346% /8h now · paid −0.174% over the last 7D
Price−$7spread −0.182% now, avg −0.109% → −0.074% if it goes back
Costs−$1851.846% of $10k · taker + slippage, in and out
The current funding rate is far above 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−0.182%
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 · 5 to watch- Watch: Thin at this size50.8 / 43.6 bpAt $10k entering Hyperliquid costs 50.8 bp, fee and slippage, 1.2× BloFin’s.
- Note: Margin at max leverage$3,333 + $400Hyperliquid 3x, BloFin 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$40.38Long Hyperliquid: 24 payments, −$3.00; short BloFin: 6 payments, +$43.38.
- Watch: Gap narrower than usual−0.182% vs −0.109%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$103K 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: KYCHyperliquid No · BloFin LimitedNo 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−0.182% → −0.109% (7d avg)−$7.36
Slippage, 4 orderslive order books−$163.57
Fee Hyperliquid bp × 2 orders−$9.00
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k−$209.33
Costs to cover1.846%Break-evennever at this rate
Slippage: Hyperliquid: live order book, 3 min ago; BloFin: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid6.4650.8 bp−$51256.0 bp−$2,560doesn’t fitdoesn’t fit
SELL · SHORTBloFin3.8243.6 bp−$44296.4 bp−$2,964doesn’t fitdoesn’t fit
Closing costs about the same again.

