Funding you earn now, next payment 23:00 UTC−0.0049%/8h= −5.3% APRpaid last 24h −0.005%
Price spread now: BloFin against Hyperliquid−0.121%7-day average −0.041% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.079%+$8 · spread now −0.121%, 7d avg −0.041%
=Together, before fees+0.082%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.080% cheaper against Hyperliquid than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HYPER | 0.07426 | 0.0100 | pay 0.0013% / 1h | 24m 56s | $71K | $120K | 3x |
| Short | BloFin HYPER-USDT | 0.07417 | 0.0051 | get 0.0026% / 4h | 1h 24m | $189K | $22K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Hyperliquid. 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
- −$10.25
- Price spread: −0.121% → −0.041%
- −$7.99
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$39.24
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 44 min ago; BloFin: live order book, 50 min ago. Net counts fees only.
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 Hyperliquid live order book, 44 min ago | 1.55 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 50 min ago | 1.34 bp | 18.0 bp −$18 | 59.1 bp −$591 | 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 | −0.0142% | 4h | 0.07409 | −0.229% | $127K | $93K | 30x | as long as short |
| Gate HYPER_USDT | −0.0008% | 4h | 0.07420 | −0.081% | $90K | $46K | 50x | as long as short |
| BloFin HYPER-USDTshort | +0.0051% | 4h | 0.07417 | −0.121% | $189K | $22K | 50x | |
| Hyperliquid HYPERlong | +0.0100% | 1h | 0.07426 | long leg | $71K | $120K | 3x | |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07426 | −0.001% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07427 | +0.009% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07426 | 0.000% | $1.2M | $699K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07426 | 0.000% | $255K | $130K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07426 | 0.000% | $310K | $259K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07425 | −0.019% | $7K | $1K | — | as long as short |
Hyperliquid HYPER
BloFin HYPER-USDT
KuCoin HYPERUSDTM
Gate HYPER_USDT
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER