Funding you earn now, next payment 22:00 UTC+0.0501%/8h= +54.8% APRpaid last 24h +0.097%
Price spread now: Hyperliquid against BloFin−0.102%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$880.879% of the position
Funding, last 7 days−0.266%−$27 on $10k
+Price spread, last 3 days (all we have)−0.342%−$34 · spread now −0.102%, 7d avg −0.063%
=Together, before fees−0.608%+ Points / potential airdropHyperliquid: Season 2 · farm board−$61 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.039% cheaper against BloFin than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.063%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$15 a day). Mind the row above: over the last 7 days funding on this pair cost −0.266%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.266% in total (about -13.9% 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 | BloFin MINA-USDT | 0.1275 | −0.0401 | get 0.0401% / 8h | 2h 15m | $256K | $326K | 50x |
| Short | Hyperliquid MINA | 0.1273 | 0.0100 | get 0.0013% / 1h | 15m 21s | $3.7M | $2.2M | 3x |
BloFin MINA-USDT
Hyperliquid MINAFunding 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
- $105.15
- Price spread: −0.102% → −0.063%
- −$3.92
- Slippage, 4 orders
- −$66.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $13.33
- Costs to cover
- 0.879%
- Break-even
- 6.1 days
Slippage from BloFin: live order book, 4 min ago; Hyperliquid: live order book, 6 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, 4 min ago | 1.96 bp | 16.0 bp −$16 | 69.0 bp −$690 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.39 bp | 26.9 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
MINA 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_MINAUSD | −0.0712% | 1h | 0.1274 | −0.034% | $25K | $87K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0541% | 4h | 0.1274 | −0.078% | $1.9M | $17.2M | 20x | as long as short |
| Binance MINAUSDT | −0.0420% | 8h | 0.1273 | −0.118% | $4.4M | $34.1M | 50x | as long as short |
| MEXC MINA_USDT | −0.0420% | 8h | 0.1272 | −0.204% | $1.2M | $1.5M | 50x | as long as short |
| BloFin MINA-USDTlong | −0.0401% | 8h | 0.1275 | long leg | $256K | $326K | 50x | |
| Bitget MINAUSDT | −0.0266% | 8h | 0.1272 | −0.204% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0252% | 8h | 0.1274 | −0.055% | $413K | $984K | 50x | as long as short |
| Bybit MINAUSDT | −0.0219% | 4h | 0.1275 | +0.016% | $4.5M | $6.8M | 25x | as long as short |
| BingX MINA-USDT | −0.0117% | 8h | 0.1273 | −0.102% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTM | +0.0008% | 8h | 0.1273 | −0.165% | $769K | $512K | 30x | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
Gate MINA_USDT
Bybit MINAUSDT
BingX MINA-USDT
KuCoin MINAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINAshort | +0.0100% | 1h | 0.1273 | −0.102% | $3.7M | $2.2M | 3x | |
| Variational Omni MINA | +0.0100% | 4h | 0.1276 | +0.129% | $411K | $150K | — | as long as short |
Variational Omni MINA