Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against BloFin+0.162%95s7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as 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−$970.968% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.169%−$17 · spread now +0.162%, 7d avg +0.084%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.078% dearer against BloFin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.084%. The two prices were read 95 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 | BloFin HYPER-USDT | 0.07409 | 0.0104 | pay 0.0052% / 4h | 2h 41m | $190K | $22K | 50x |
| Short | Bitget HYPERUSDT | 0.07421 | 0.0100 | get 0.0050% / 4h | 2h 41m | $310K | $262K | 50x |
BloFin HYPER-USDT
Bitget HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$0.93
- Price spread: +0.162% → +0.084%
- $7.8
- Slippage, 4 orders
- −$72.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$89.92
- Costs to cover
- 0.968%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 40 min ago; Bitget: live order book, 42 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, 40 min ago | 2.01 bp | 11.1 bp −$11 | 42.7 bp −$427 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 42 min ago | 4.71 bp | 34.7 bp −$35 | 109.7 bp −$1,097 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPER_USDT | −0.0334% | 4h | 0.07420 | +0.148% | $90K | $46K | 50x | as long as short |
| KuCoin HYPERUSDTM | −0.0044% | 4h | 0.07413 | +0.054% | $131K | $93K | 30x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07419 | +0.131% | $72K | $122K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07422 | +0.177% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07414 | +0.067% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07417 | +0.108% | $1.2M | $705K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07414 | +0.067% | $257K | $130K | 20x | as long as short |
| Bitget HYPERUSDTshort | +0.0100% | 4h | 0.07421 | +0.162% | $310K | $262K | 50x | |
| Variational Omni HYPER | +0.0100% | 4h | 0.07413 | +0.054% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDTlong | +0.0104% | 4h | 0.07409 | long leg | $190K | $22K | 50x |
Gate HYPER_USDT
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Variational Omni HYPER