Funding you earn now, next payment 04:00 UTC−0.0231%/8h= −25.2% APRpaid last 24h −0.018%
Price spread now: BloFin against Hyperliquid+0.140%107s7-day average −0.122% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.302%−$30 · spread now +0.140%, 7d avg −0.122%
=Together, before fees−0.311%+ Points / potential airdropHyperliquid: Season 2 · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.263% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of −0.122%): +$26 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.8 days. At the pace of the last 7 days (−0.009% in total) that is about 7 months. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MANTA | 0.07120 | 0.0330 | pay 0.0041% / 1h | 53m 31s | $476K | $228K | 3x |
| Short | BloFin MANTA-USDT | 0.07130 | 0.0100 | get 0.0050% / 4h | 53m 31s | $328K | $23K | 50x |
Hyperliquid MANTA
BloFin MANTA-USDTFunding 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
- −$48.41
- Price spread: +0.140% → −0.122%
- $26.26
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$43.14
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 46 min ago; BloFin: live order book, 46 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, 46 min ago | 0.70 bp | 19.8 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 46 min ago | 7.06 bp | 21.5 bp −$22 | 52.6 bp −$526 | doesn't fit | doesn't fit |
MANTA 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MANTA/USDC PERP | −0.3997% | 1h | 0.07031 | −1.250% | $2K | $40K | 5.5x | as long as short |
| BloFin MANTA-USDTshort | +0.0100% | 4h | 0.07130 | +0.140% | $328K | $23K | 50x | |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07124 | +0.050% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07108 | −0.169% | $5.6M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07106 | −0.197% | $3.3M | $812K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07119 | −0.014% | $218K | $129K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07109 | −0.154% | $13.6M | $605K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07102 | −0.253% | $237K | $53K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07128 | +0.110% | $17K | $3K | — | as long as short |
| Bitget MANTAUSDT | +0.0248% | 4h | 0.07115 | −0.070% | $3.2M | $396K | 50x | as long as short |
Injective MANTA/USDC PERP
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
Gate MANTA_USDT
MEXC MANTA_USDT
KuCoin MANTAUSDTM
Variational Omni MANTA
Bitget MANTAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MANTA-USDT | +0.0268% | 4h | 0.07119 | −0.014% | — | $1.5M | — | as long as short |
| Hyperliquid MANTAlong | +0.0330% | 1h | 0.07120 | long leg | $476K | $228K | 3x |
BingX MANTA-USDT