Funding you earn now, next payment 04:00 UTC+0.0545%/8h= +59.7% APRpaid last 24h +0.106%
Price spread now: Hyperliquid against BloFin−0.137%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$670.667% of the position
Funding, last 7 days+0.508%+$51 on $10k
+Price spread, last 4 days (all we have)−1.153%−$115 · spread now −0.137%, 7d avg +0.081%
=Together, before fees−0.645%+ Points / potential airdropHyperliquid: Season 2 · farm board−$64 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.219% cheaper against BloFin than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.081%). If the spread goes back, that is −$22 on $10k: about 32 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.508% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HEMI-USDT | 0.006549 | 0.0209 | pay 0.0105% / 4h | 52m 41s | $359K | $57K | 20x |
| Short | Hyperliquid HEMI | 0.006540 | 0.0754 | get 0.0094% / 1h | 52m 41s | $1.1M | $347K | 3x |
BloFin HEMI-USDT
Hyperliquid HEMIFunding 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
- $114.43
- Price spread: −0.137% → +0.081%
- −$21.89
- Slippage, 4 orders
- −$45.71
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $25.83
- Costs to cover
- 0.667%
- Break-even
- 5.4 days
Slippage from BloFin: live order book, 47 min ago; Hyperliquid: live order book, 8 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, 47 min ago | 0.77 bp | 19.6 bp −$20 | 65.5 bp −$655 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.54 bp | 16.9 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
HEMI on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HEMIUSDT | +0.0100% | 4h | 0.006523 | −0.396% | $75K | $48K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006522 | −0.412% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006539 | −0.153% | $846K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006559 | +0.151% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006687 | +2.107% | $1K | $1.2M | 20x | as long as short |
| Binance HEMIUSDT | +0.0172% | 4h | 0.006533 | −0.243% | $6.5M | $10.8M | 20x | as long as short |
| MEXC HEMI_USDT | +0.0174% | 4h | 0.006532 | −0.260% | $1.7M | $283K | 50x | as long as short |
| Extended HEMI-USD | +0.0176% | 1h | 0.006529 | −0.306% | $17K | — | 5x | as long as short |
| BingX HEMI-USDT | +0.0178% | 4h | 0.006533 | −0.244% | — | $1.4M | — | as long as short |
| BloFin HEMI-USDTlong | +0.0209% | 4h | 0.006549 | long leg | $359K | $57K | 20x |
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
Binance HEMIUSDT
MEXC HEMI_USDT
Extended HEMI-USD
BingX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDT | +0.0286% | 4h | 0.006544 | −0.076% | $510K | $277K | 20x | as long as short |
| Hyperliquid HEMIshort | +0.0754% | 1h | 0.006540 | −0.137% | $1.1M | $347K | 3x |
Gate HEMI_USDT