Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.018%
Price spread now: BloFin against HTX−0.145%59s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs+$12as 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−$310.309% of the position
Funding, last 7 days+0.429%+$43 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.145%, 7d avg −0.046%
=Funding pays, the price is against you. BloFin is 0.098% cheaper against HTX than usual: you would sell low and buy high (spread −0.145% now, against its 7-day average of −0.046%). If the spread goes back, that is −$10 on $10k: about 33 hours of funding at the current rate (+$7 a day). The two prices were read 59 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 | HTX HYPE-USDT | 94.623 | 0.0100 | pay 0.0050% / 4h | 45m 42s | $1.4M | $6.8M | 75x |
| Short | BloFin HYPE-USDT | 94.486 | 0.0340 | get 0.0170% / 4h | 45m 42s | $17.1M | $12.4M | 75x |
HTX HYPE-USDT
BloFin HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- $50.4
- Price spread: −0.145% → −0.046%
- −$9.84
- Slippage, 4 orders
- −$6.93
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $9.63
- Costs to cover
- 0.309%
- Break-even
- 5.7 days
Slippage from HTX: live order book, 3 min ago; BloFin: live order book, 3 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 HTX live order book, 3 min ago | 1.85 bp | 9.8 bp −$10 | 16.3 bp −$163 | 39.7 bp −$3,970 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.11 bp | 6.2 bp −$6 | 7.2 bp −$72 | 12.4 bp −$1,240 | 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 | −0.1280% | 1h | 94.261 | −0.383% | $201K | $250K | 7x | as long as short |
| Bluefin HYPE-PERP | −0.0343% | 1h | 94.453 | −0.180% | $80K | $154K | 20x | as long as short |
| Bullet HYPE-USD | −0.0143% | 1h | 94.501 | −0.129% | $112K | $575K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0132% | 1h | 94.448 | −0.185% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0104% | 1h | 94.527 | −0.101% | $87K | $366K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0098% | 1h | 94.480 | −0.151% | $712K | $1.2M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.525 | −0.104% | $3K | $331 | 25x | as long as short |
| Arcus HYPE-USD | −0.0045% | 1h | 94.499 | −0.131% | $1.0M | $3.6M | 10x | as long as short |
| Bybit HYPEUSDT | −0.0012% | 8h | 94.400 | −0.236% | $317.4M | $289.5M | 75x | as long as short |
| Derive HYPE-PERP | −0.0001% | 1h | 94.439 | −0.194% | $16.5M | $7.5M | 10x | as long as short |
Hibachi HYPE/USDT-P
Bluefin HYPE-PERP
Bullet HYPE-USD
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Arcus HYPE-USD
Bybit HYPEUSDT
Derive HYPE-PERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX HYPE-USD | 0.0000% | 1h | 94.424 | −0.211% | $129K | $94K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 94.585 | −0.040% | $1.9M | $5.6M | 2.3x | as long as short |
| Phoenix HYPE | 0.0000% | 1h | 94.533 | −0.095% | $209K | $1.1M | 10x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.515 | −0.114% | $19K | $287K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0002% | 4h | 94.463 | −0.169% | $147K | $685K | 20x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 94.488 | −0.142% | $84K | — | 150x | as long as short |
| Bitget HYPEUSDT | +0.0038% | 4h | 94.405 | −0.230% | $226.9M | $100.2M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0042% | 8h | 94.498 | −0.132% | $12.9M | $2.9M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0060% | 8h | 94.553 | −0.074% | $338K | $156K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0064% | 1h | 94.560 | −0.067% | $4.7M | $6.2M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0078% | 1h | 94.545 | −0.082% | $7.4M | $4.3M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0084% | 4h | 94.405 | −0.231% | $5.0M | $30.7M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0085% | 8h | 94.426 | −0.208% | $117.7M | $324.5M | 50x | as long as short |
| Lighter HYPE | +0.0088% | 1h | 94.405 | −0.231% | $16.3M | $63.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.420 | −0.215% | $3.2M | $10.7M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.511 | −0.118% | $82K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.500 | −0.130% | $29K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.501 | −0.128% | $7.3M | $52.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.523 | −0.106% | $2.08B | $690.0M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.426 | −0.209% | $8.8M | $37.3M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.455 | −0.177% | $10.2M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.405 | −0.230% | $378.2M | $933.5M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.332 | −0.308% | $218K | $12K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.396 | −0.240% | $49.6M | $56.3M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.437 | −0.197% | $90.5M | $82.5M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.438 | −0.196% | $47.1M | $18.6M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.410 | −0.225% | — | $53.6M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.450 | −0.183% | $7.6M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.467 | −0.165% | $29.4M | $54.8M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.421 | −0.213% | $7.6M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.435 | −0.199% | $363K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.524 | −0.105% | $683K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.573 | −0.053% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.524 | −0.105% | $496K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.565 | −0.061% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.467 | −0.165% | $2.1M | $1.9M | 10x | as long as short |
| HTX HYPE-USDTlong | +0.0100% | 4h | 94.623 | long leg | $1.4M | $6.8M | 75x | |
| Extended HYPE-USD | +0.0104% | 1h | 94.391 | −0.245% | $18.3M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.490 | −0.140% | $399K | $159K | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0151% / S +0.0021% | 1h | 94.542 | −0.086% | $1.4M | — | 100x | as long as short |
| Injective HYPE/USDC PERP | +0.0185% | 1h | 94.500 | −0.130% | $31K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0223% | 1h | 94.520 | −0.109% | $20.3M | $30.2M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0249% | 1h | 94.540 | −0.087% | $3.2M | $6.4M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0272% | 1h | 94.482 | −0.149% | $84K | $124K | 15x | as long as short |
| BloFin HYPE-USDTshort | +0.0340% | 4h | 94.486 | −0.145% | $17.1M | $12.4M | 75x |
dYdX HYPE-USD
Kalshi KXHYPEPERP
Phoenix HYPE
Perpl HYPE
Orderly PERP_HYPE_USDC
gTrade (Gains Network) HYPE/USD
Bitget HYPEUSDT
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Coinbase International HYPE-PERP-INTX
Deribit HYPE_USDC-PERPETUAL
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
GMX HYPE/USD [WBTC.b-USDC]
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC
Reya HYPERUSDPERP