Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bybit+0.013%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$940.936% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.013%, 7d avg −0.052%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.066% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYPERUSDT | 0.07498 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $1.2M | $771K | 25x |
| Short | BloFin HYPER-USDT | 0.07499 | 0.0110 | get 0.0055% / 4h | 2h 00m | $190K | $14K | 50x |
Bybit HYPERUSDT
BloFin HYPER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $2.1
- Price spread: +0.013% → −0.052%
- $6.55
- Slippage, 4 orders
- −$70.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$84.95
- Costs to cover
- 0.936%
- Break-even
- 289.8 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 15 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 Bybit live order book, 5 min ago | 4.00 bp | 23.9 bp −$24 | 192.7 bp −$1,927 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 1.34 bp | 22.4 bp −$22 | 74.4 bp −$744 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HYPER | +0.0100% | 1h | 0.07496 | −0.021% | $75K | $129K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07502 | +0.050% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07497 | −0.013% | $2.0M | $2.3M | 50x | as long as short |
| Bybit HYPERUSDTlong | +0.0100% | 4h | 0.07498 | long leg | $1.2M | $771K | 25x | |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07500 | +0.027% | $90K | $44K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07497 | −0.013% | $237K | $128K | 20x | as long as short |
| KuCoin HYPERUSDTM | +0.0100% | 4h | 0.07503 | +0.067% | $104K | $84K | 30x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07501 | +0.040% | $316K | $272K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07494 | −0.058% | $6K | $1K | — | as long as short |
| BloFin HYPER-USDTshort | +0.0110% | 4h | 0.07499 | +0.013% | $190K | $14K | 50x |
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
KuCoin HYPERUSDTM
Bitget HYPERUSDT
Variational Omni HYPER