Funding you earn now, next payment 03:00 UTC+0.0236%/8h= +25.9% APRpaid last 24h +0.044%
Price spread now: BloFin against Bluefin−0.007%114s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs+$13as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days+0.569%+$57 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.007%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bluefin HYPE-PERP | 93.371 | 0.0100 | pay 0.0013% / 1h | 35m 26s | $79K | $170K | 20x |
| Short | BloFin HYPE-USDT | 93.364 | 0.0336 | get 0.0168% / 4h | 1h 35m | $17.0M | $11.6M | 75x |
Bluefin HYPE-PERP
BloFin HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bluefin. 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
- $49.59
- Price spread: −0.007% → +0.011%
- −$1.85
- Slippage, 4 orders
- −$24.6
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $4.13
- Costs to cover
- 0.436%
- Break-even
- 6.4 days
Slippage from Bluefin: live order book, 29 min ago; BloFin: live order book, 9 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 Bluefin live order book, 29 min ago | 4.82 bp | 16.7 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 0.37 bp | 6.7 bp −$7 | 9.0 bp −$90 | 14.1 bp −$1,415 | doesn't fit |
HYPE on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1296% | 1h | 93.292 | −0.085% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.240 | −0.140% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0099% | 1h | 93.300 | −0.076% | $699K | $982K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.355 | −0.017% | $3K | $331 | 25x | as long as short |
| Phemex HYPEUSDT | −0.0062% | 8h | 93.367 | −0.004% | $12.6M | $2.7M | 50x | as long as short |
| 01 Exchange HYPEUSD | −0.0056% | 1h | 93.384 | +0.014% | $85K | $344K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0055% | 1h | 93.379 | +0.008% | $22K | $21K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0044% | 4h | 93.361 | −0.011% | $154K | $640K | 20x | as long as short |
| Bullet HYPE-USD | −0.0007% | 1h | 93.398 | +0.029% | $112K | $577K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.361 | −0.011% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Phemex HYPEUSDT
01 Exchange HYPEUSD
Aftermath Perps HYPEUSD
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.408 | +0.040% | $23K | $322K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.413 | +0.045% | $62K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0020% | 4h | 93.375 | +0.004% | $8.8M | $35.5M | 300x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.393 | +0.024% | $213K | $1.2M | 10x | as long as short |
| BingX HYPE-USDT | +0.0026% | 4h | 93.387 | +0.017% | — | $53.0M | — | as long as short |
| Bybit HYPEUSDT | +0.0030% | 8h | 93.381 | +0.011% | $321.3M | $277.1M | 75x | as long as short |
| Gate HYPE_USDT | +0.0052% | 4h | 93.392 | +0.022% | $44.6M | $54.8M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0078% | 8h | 93.390 | +0.020% | $114.1M | $302.0M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.376 | +0.005% | $16.3M | $61.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.397 | +0.028% | $3.1M | $11.6M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.377 | +0.006% | $69K | $1.2M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0096% | 4h | 93.387 | +0.017% | $89.9M | $80.7M | 100x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.391 | +0.021% | $339K | $162K | 20x | as long as short |
| Binance HYPEUSDT | +0.0098% | 4h | 93.397 | +0.028% | $378.8M | $876.2M | 75x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.380 | +0.010% | $17K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.377 | +0.007% | $5.8M | $43.3M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.459 | +0.094% | $2.04B | $653.5M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.382 | +0.012% | $10.0M | $14.6M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.364 | −0.007% | $203K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.405 | +0.036% | $45.9M | $18.1M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.398 | +0.029% | $225.8M | $96.6M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.377 | +0.006% | $7.4M | $10.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.367 | −0.005% | $31.1M | $53.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.365 | −0.007% | $7.5M | $45.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.333 | −0.041% | $339K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.388 | +0.018% | $666K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.432 | +0.066% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.425 | +0.058% | $472K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERPlong | +0.0100% | 1h | 93.371 | long leg | $79K | $170K | 20x | |
| Derive HYPE-PERP | +0.0100% | 1h | 93.373 | +0.002% | $16.2M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.399 | +0.030% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.401 | +0.032% | $2.0M | $1.9M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.329 | −0.045% | $18.4M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.389 | +0.019% | $397K | $162K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0110% | 4h | 93.315 | −0.060% | $5.1M | $29.7M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.420 | +0.052% | $4.8M | $5.6M | 50x | as long as short |
| HTX HYPE-USDT | +0.0194% | 4h | 93.546 | +0.187% | $1.4M | $6.0M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0258% | 1h | 93.384 | +0.014% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0277% | 8h | 93.458 | +0.093% | $1.9M | $5.0M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.426 | +0.059% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDTshort | +0.0336% | 4h | 93.364 | −0.007% | $17.0M | $11.6M | 75x | |
| Deribit HYPE_USDC-PERPETUAL | +0.0360% | 1h | 93.481 | +0.118% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.461 | +0.096% | $3.2M | $6.3M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.220 | −0.162% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0685% | 1h | 93.444 | +0.078% | $20.8M | $29.9M | 50x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Phoenix HYPE
BingX HYPE-USDT
Bybit HYPEUSDT
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
MEXC HYPE_USDT
Paradex HYPE-USD-PERP
Binance HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD