Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h −0.003%
Price spread now: BloFin against Hyperliquid−0.116%67s7-day average +0.156% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 3 days (all we have)+0.333%+$33 · spread now −0.116%, 7d avg +0.156%
=Together, before fees+0.266%+ Points / potential airdropHyperliquid: Season 2 · farm board+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.272% cheaper against Hyperliquid than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.156%. The two prices were read 67 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 | Hyperliquid IOTA | 0.04821 | 0.0100 | pay 0.0013% / 1h | 27m 52s | $838K | $241K | 3x |
| Short | BloFin IOTA-USDT | 0.04815 | 0.0094 | get 0.0094% / 8h | 27m 52s | $169K | $36K | 75x |
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
- −$1.29
- Price spread: −0.116% → +0.156%
- −$27.19
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$49.47
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 42 min ago; BloFin: live order book, 34 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, 42 min ago | 1.04 bp | 29.1 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 34 min ago | 2.07 bp | 19.1 bp −$19 | 41.1 bp −$411 | doesn't fit | doesn't fit |
IOTA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0813% | 1h | 0.04822 | +0.025% | $18K | $16K | 10x | as long as short |
| BloFin IOTA-USDTshort | +0.0094% | 8h | 0.04815 | −0.116% | $169K | $36K | 75x | |
| Hyperliquid IOTAlong | +0.0100% | 1h | 0.04821 | long leg | $838K | $241K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04818 | −0.054% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04814 | −0.137% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04815 | −0.116% | $560K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04817 | −0.075% | $884K | $176K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04817 | −0.075% | $600K | $183K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04830 | +0.195% | $1.8M | $691K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04818 | −0.054% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04819 | −0.034% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0686% | 8h | 0.04828 | +0.154% | $2.7M | $229K | 30x | as long as short |
Hyperliquid IOTA
BloFin IOTA-USDT
Kraken Futures PF_IOTAUSD
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
KuCoin IOTAUSDTM