Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin−0.250%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$920.916% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.235%+$23 · spread now −0.250%, 7d avg +0.004%
=Funding pays, the price is against you. Binance is 0.254% cheaper against BloFin than usual: you would sell low and buy high (spread −0.250% now, against its 7-day average of +0.004%). If the spread goes back, that is −$25 on $10k: about 40 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HYPER-USDT | 0.07490 | 0.0079 | pay 0.0039% / 4h | 2h 56m | $192K | $20K | 50x |
| Short | Binance HYPERUSDT | 0.07471 | 0.0100 | get 0.0050% / 4h | 2h 56m | $2.0M | $2.2M | 50x |
BloFin HYPER-USDT
Binance HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $4.44
- Price spread: −0.250% → +0.004%
- −$25.44
- Slippage, 4 orders
- −$69.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$112.6
- Costs to cover
- 0.916%
- Break-even
- 184.4 days
Slippage from BloFin: live order book, 3 min ago; Binance: 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, 3 min ago | 3.34 bp | 19.2 bp −$19 | 51.1 bp −$511 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.66 bp | 21.8 bp −$22 | 107.7 bp −$1,077 | doesn't fit | doesn't fit |
HYPER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTM | −0.0178% | 4h | 0.07478 | −0.160% | $121K | $96K | 30x | as long as short |
| BloFin HYPER-USDTlong | +0.0079% | 4h | 0.07490 | long leg | $192K | $20K | 50x | |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07477 | −0.171% | $72K | $136K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07490 | −0.006% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDTshort | +0.0100% | 4h | 0.07471 | −0.250% | $2.0M | $2.2M | 50x | |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07479 | −0.147% | $1.2M | $776K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07490 | 0.000% | $87K | $48K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07472 | −0.240% | $248K | $131K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07484 | −0.080% | $315K | $273K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07506 | +0.216% | $6K | $1K | — | as long as short |
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
Bybit HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER