Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against BloFin+0.040%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$940.944% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.040%, 7d avg +0.051%
=The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HYPER-USDT | 0.07588 | 0.0150 | pay 0.0075% / 4h | 1h 18m | $194K | $21K | 50x |
| Short | Bybit HYPERUSDT | 0.07591 | 0.0100 | get 0.0050% / 4h | 1h 18m | $1.2M | $830K | 25x |
BloFin HYPER-USDT
Bybit HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$10.51
- Price spread: +0.040% → +0.051%
- −$1.11
- Slippage, 4 orders
- −$71.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$106.01
- Costs to cover
- 0.944%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 19 min ago; Bybit: 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 BloFin live order book, 19 min ago | 1.99 bp | 16.5 bp −$17 | 46.7 bp −$467 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.61 bp | 27.9 bp −$28 | 264.9 bp −$2,649 | 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 | −0.0124% | 4h | 0.07585 | −0.040% | $107K | $99K | 30x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07592 | +0.050% | $72K | $133K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07592 | +0.053% | $21K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07591 | +0.038% | $2.1M | $2.2M | 50x | as long as short |
| Bybit HYPERUSDTshort | +0.0100% | 4h | 0.07591 | +0.040% | $1.2M | $830K | 25x | |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07580 | −0.105% | $88K | $48K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07590 | +0.026% | $239K | $131K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07594 | +0.079% | $316K | $283K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07600 | +0.159% | $6K | $1K | — | as long as short |
| BloFin HYPER-USDTlong | +0.0150% | 4h | 0.07588 | long leg | $194K | $21K | 50x |
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER