Funding you earn now, next payment 22:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h +0.032%
Price spread now: Hyperliquid against BloFin+0.246%67s7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as 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−$660.664% of the position
Funding, last 7 days+0.313%+$31 on $10k
+Price spread, last 3 days (all we have)−0.174%−$17 · spread now +0.246%, 7d avg +0.136%
=Together, before fees+0.139%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.110% dearer against BloFin than usual: you sell high and buy low (spread +0.246% now, against its 7-day average of +0.136%): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.313%, so the current rate has only just turned against you. 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 | BloFin MNT-USDT | 0.6508 | 0.0220 | pay 0.0220% / 8h | 2h 40m | $90K | $217K | 25x |
| Short | Hyperliquid MNT | 0.6524 | 0.0100 | get 0.0013% / 1h | 40m 03s | $6.6M | $894K | 5x |
BloFin MNT-USDT
Hyperliquid MNTFunding 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
- −$25.2
- Price spread: +0.246% → +0.136%
- $11
- Slippage, 4 orders
- −$45.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$80.6
- Costs to cover
- 0.664%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 42 min ago; Hyperliquid: live order book, 2 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, 42 min ago | 6.91 bp | 16.6 bp −$17 | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.23 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
MNT on 15 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 MNT/USD [ETH-USDC] | L −0.2622% / S +0.0192% | 1h | 0.6515 | +0.100% | $19 | — | 100x | as long as short |
| Injective MNT/USDC PERP | −0.0092% | 1h | 0.6522 | +0.215% | $3K | $171K | 12x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6514 | +0.097% | $782 | — | 150x | as long as short |
| Hyperliquid MNTshort | +0.0100% | 1h | 0.6524 | +0.246% | $6.6M | $894K | 5x | |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6511 | +0.040% | $43.0M | $13.5M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6502 | −0.092% | $413K | $115K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6510 | +0.031% | $2.5M | $584K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6511 | +0.046% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6512 | +0.062% | $293K | $117K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6511 | +0.046% | $11K | $640K | 50x | as long as short |
GMX MNT/USD [ETH-USDC]
Injective MNT/USDC PERP
gTrade (Gains Network) MNT/USD
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDT
BingX MNT-USDT
Variational Omni MNT
ApeX Omni MNTUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6527 | +0.292% | $1K | — | 10x | as long as short |
| BloFin MNT-USDTlong | +0.0220% | 8h | 0.6508 | long leg | $90K | $217K | 25x | |
| Kraken Futures PF_MNTUSD | +0.0228% | 1h | 0.6516 | +0.127% | $17K | $20K | 20x | as long as short |
| Backpack MNT_USDC_PERP | +0.0599% | 1h | 0.6513 | +0.077% | $40K | $35K | 10x | as long as short |
| Lighter MNT | +0.0632% | 1h | 0.6532 | +0.370% | $136K | $66K | 5x | as long as short |
Orderly PERP_MNT_USDC
Kraken Futures PF_MNTUSD
Backpack MNT_USDC_PERP
Lighter MNT