Funding you earn now, next payment 08:00 UTC+0.0241%/8h= +26.4% APRpaid last 24h +0.082%
Price spread now: BloFin against OKX−0.019%7-day average +0.026% · 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−$29as in the Price arb table
costs, in and out, $10k−$250.248% of the position
Funding, last 7 days+0.519%+$52 on $10k
+Price spread, last 4 days (all we have)−0.086%−$9 · spread now −0.019%, 7d avg +0.026%
=Funding pays, the price is against you. BloFin is 0.045% cheaper against OKX than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.026%). If the spread goes back, that is −$5 on $10k: about 15 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HYPE-USDT-SWAP | 92.745 | 0.0099 | pay 0.0099% / 8h | 3h 56m | $113.7M | $303.2M | 50x |
| Short | BloFin HYPE-USDT | 92.727 | 0.0340 | get 0.0170% / 4h | 3h 56m | $16.7M | $11.6M | 75x |
OKX HYPE-USDT-SWAP
BloFin HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $50.63
- Price spread: −0.019% → +0.026%
- −$4.55
- Slippage, 4 orders
- −$2.79
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $21.29
- Costs to cover
- 0.248%
- Break-even
- 4.1 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 2 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 OKX live order book, 2 min ago | 0.05 bp | 6.1 bp −$6 | 8.9 bp −$89 | 22.4 bp −$2,237 | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.11 bp | 6.8 bp −$7 | 7.4 bp −$74 | 12.3 bp −$1,226 | 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 | −0.0472% | 1h | 92.744 | −0.001% | $193K | $228K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0281% | 1h | 92.823 | +0.084% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 92.736 | −0.010% | $1.1M | $3.9M | 10x | as long as short |
| Gate HYPE_USDT | −0.0148% | 4h | 92.736 | −0.010% | $44.4M | $53.4M | 75x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.807 | +0.067% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0063% | 4h | 92.702 | −0.046% | $157K | $653K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.772 | +0.029% | $127K | $29K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 92.795 | +0.054% | $1.8M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.769 | +0.025% | $22K | $302K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.778 | +0.036% | $62K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Gate HYPE_USDT
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HYPEUSDT | +0.0040% | 8h | 92.758 | +0.014% | $12.5M | $2.7M | 50x | as long as short |
| Bybit HYPEUSDT | +0.0041% | 8h | 92.730 | −0.016% | $315.8M | $281.7M | 75x | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.888 | +0.154% | $210K | $1.2M | 10x | as long as short |
| 01 Exchange HYPEUSD | +0.0048% | 1h | 92.792 | +0.051% | $87K | $362K | 20x | as long as short |
| Popdex HYPEUSDT | +0.0048% | 1h | 92.761 | +0.017% | $69K | $1.1M | 50x | as long as short |
| Bullet HYPE-USD | +0.0057% | 1h | 92.753 | +0.009% | $111K | $579K | 20x | as long as short |
| Aster HYPEUSDT | +0.0070% | 4h | 92.743 | −0.002% | $8.7M | $36.2M | 300x | as long as short |
| Bitget HYPEUSDT | +0.0084% | 4h | 92.726 | −0.020% | $224.4M | $98.8M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0093% | 4h | 92.869 | +0.134% | $4.9M | $29.5M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0096% | 8h | 92.790 | +0.049% | $339K | $163K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.735 | −0.010% | $16.0M | $62.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.753 | +0.009% | $3.1M | $11.6M | 20x | as long as short |
| OKX HYPE-USDT-SWAPlong | +0.0099% | 8h | 92.745 | long leg | $113.7M | $303.2M | 50x | |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.760 | +0.016% | $38K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.755 | +0.011% | $7.4M | $45.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.803 | +0.063% | $2.02B | $664.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.798 | +0.057% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.743 | −0.002% | $372.6M | $902.3M | 75x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0100% | 1h | 92.720 | −0.027% | $698K | $1.1M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | +0.059% | $202K | $13K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.735 | −0.011% | $88.0M | $79.7M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.737 | −0.009% | $46.1M | $18.4M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.732 | −0.014% | — | $53.8M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.780 | +0.038% | $7.3M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.859 | +0.123% | $28.5M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.886 | +0.152% | $7.5M | $46.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.892 | +0.158% | $350K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.845 | +0.108% | $667K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.833 | +0.094% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.791 | +0.050% | $468K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.708 | −0.040% | $78K | $168K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.714 | −0.034% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.756 | +0.012% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.728 | −0.018% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.900 | +0.167% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.707 | −0.041% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.765 | +0.022% | $392K | $164K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 92.800 | +0.059% | $4.7M | $5.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 92.799 | +0.058% | $20.6M | $30.4M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 93.050 | +0.329% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0263% | 1h | 92.746 | +0.001% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0330% / S −0.0154% | 1h | 92.758 | +0.014% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDTshort | +0.0340% | 4h | 92.727 | −0.019% | $16.7M | $11.6M | 75x | |
| Deribit HYPE_USDC-PERPETUAL | +0.0440% | 1h | 92.842 | +0.105% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.826 | +0.087% | $3.2M | $6.4M | 20x | as long as short |
Phemex HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
01 Exchange HYPEUSD
Popdex HYPEUSDT
Bullet HYPE-USD
Aster HYPEUSDT
Bitget HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
Ondo Perps HYPE-USD.P
Bulk HYPE-USD
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
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC