Funding you earn now, next payment 22:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h −0.020%
Price spread now: BloFin against Hyperliquid−0.190%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 3 days (all we have)+0.096%+$10 · spread now −0.190%, 7d avg −0.092%
=Together, before fees+0.221%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.098% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.190% now, against its 7-day average of −0.092%). If the spread goes back, that is −$10 on $10k: about 4.5 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HBAR | 0.09177 | 0.0100 | pay 0.0013% / 1h | 39m 06s | $8.8M | $2.9M | 5x |
| Short | BloFin HBAR-USDT | 0.09160 | 0.0172 | get 0.0172% / 8h | 2h 39m | $1.4M | $5.6M | 90x |
Hyperliquid HBAR
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Hyperliquid. 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
- $15.19
- Price spread: −0.190% → −0.092%
- −$9.75
- Slippage, 4 orders
- −$18.95
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$34.51
- Costs to cover
- 0.399%
- Break-even
- 22.9 days
Slippage from Hyperliquid: live order book, 3 min ago; BloFin: live order book, 5 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 Hyperliquid live order book, 3 min ago | 0.11 bp | 8.5 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.09 bp | 9.2 bp −$9 | 16.8 bp −$168 | 42.8 bp −$4,281 | doesn't fit |
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | −0.0040% | 8h | 0.09163 | −0.157% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0038% | 8h | 0.09159 | −0.200% | $7.3M | $7.9M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09170 | −0.081% | $505K | $150K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09168 | −0.102% | $8K | — | 150x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0033% | 1h | 0.09164 | −0.146% | $31K | $101K | 15x | as long as short |
| Variational Omni HBAR | +0.0046% | 8h | 0.09187 | +0.100% | $1.0M | $198K | — | as long as short |
| MEXC HBAR_USDT | +0.0051% | 8h | 0.09162 | −0.168% | $24.0M | $22.7M | 200x | as long as short |
| Binance HBARUSDT | +0.0052% | 8h | 0.09165 | −0.135% | $34.5M | $110.6M | 75x | as long as short |
| Extended HBAR-USD | +0.0056% | 1h | 0.09161 | −0.182% | $51K | $210K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09166 | −0.124% | $220K | $2.2M | 50x | as long as short |
Gate HBAR_USDT
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Backpack HBAR_USDC_PERP
Variational Omni HBAR
MEXC HBAR_USDT
Binance HBARUSDT
Extended HBAR-USD
Coinbase International HBAR-PERP-INTXShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09162 | −0.168% | $2K | $18K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09162 | −0.168% | $563K | $590K | 5x | as long as short |
| Hyperliquid HBARlong | +0.0100% | 1h | 0.09177 | long leg | $8.8M | $2.9M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09168 | −0.100% | $215K | $428K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09161 | −0.179% | $32.8M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09163 | −0.157% | $6.8M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09165 | −0.135% | $16.9M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09163 | −0.157% | — | $6.7M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09194 | +0.185% | $374K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09195 | +0.192% | $147K | $706K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09162 | −0.168% | $425 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09179 | +0.017% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09164 | −0.146% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDTshort | +0.0172% | 8h | 0.09160 | −0.190% | $1.4M | $5.6M | 90x | |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09211 | +0.366% | $1K | $84K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0385% | 1h | 0.09171 | −0.071% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0444% / S −0.0366% | 1h | 0.09168 | −0.106% | $112K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.2927% | 1h | 0.09181 | +0.040% | $30K | $4K | 5x | as long as short |
Orderly PERP_HBAR_USDC
Lighter HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD