Funding you earn now, next payment 01:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.002%
Price spread now: Hyperliquid against BloFin−0.114%87s7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$850.852% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.114%, 7d avg −0.069%
=Together, before fees−0.019%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 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 Hyperliquid is 0.045% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.069%). Swap the legs. The two prices were read 87 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 | BloFin MEME-USDT | 0.0006157 | 0.0128 | pay 0.0064% / 4h | 3h 43m | $129K | $6K | 50x |
| Short | Hyperliquid MEME | 0.0006150 | 0.0100 | get 0.0013% / 1h | 43m 47s | $562K | $154K | 3x |
BloFin MEME-USDT
Hyperliquid MEMEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- −$5.87
- Price spread: −0.114% → −0.069%
- −$4.49
- Slippage, 4 orders
- −$64.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$95.6
- Costs to cover
- 0.852%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; Hyperliquid: live order book, 16 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, 12 min ago | 3.25 bp | 17.9 bp −$18 | 59.2 bp −$592 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 16 min ago | 8.11 bp | 33.9 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
MEME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEME/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0006130 | −0.439% | — | — | 100x | as long as short |
| Hyperliquid MEMEshort | +0.0100% | 1h | 0.0006150 | −0.114% | $562K | $154K | 3x | |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006148 | −0.145% | $2.5M | $4.5M | 50x | as long as short |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006143 | −0.227% | $1.3M | $569K | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006149 | −0.130% | $641K | $2.0M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006141 | −0.260% | $426K | $74K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006150 | −0.114% | $921K | $343K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006142 | −0.244% | $184K | $53K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006147 | −0.162% | $444K | $760K | 25x | as long as short |
| BingX MEME-USDT | +0.0100% | 4h | 0.0006144 | −0.211% | — | $2.4M | — | as long as short |
GMX MEME/USD [WBTC.b-USDC]
Binance MEMEUSDT
Bybit MEMEUSDT
OKX MEME-USDT-SWAP
Gate MEME_USDT
MEXC MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDT
BingX MEME-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MEME-USDTlong | +0.0128% | 4h | 0.0006157 | long leg | $129K | $6K | 50x |