Funding you earn now, next payment 22:00 UTC+0.0109%/8h= +12.0% APRpaid last 24h −0.032%
Price spread now: BloFin against Hyperliquid−0.103%107s7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as 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−$680.684% of the position
Funding, last 7 days−0.313%−$31 on $10k
+Price spread, last 3 days (all we have)+0.031%+$3 · spread now −0.103%, 7d avg −0.136%
=Together, before fees−0.282%+ Points / potential airdropHyperliquid: Season 2 · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.033% dearer against Hyperliquid than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.136%. Mind the row above: over the last 7 days funding on this pair cost −0.313%, so the current rate has only just turned in your favour. The two prices were read 107 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 MNT | 0.6519 | 0.0111 | pay 0.0014% / 1h | 15m 30s | $6.6M | $897K | 5x |
| Short | BloFin MNT-USDT | 0.6512 | 0.0220 | get 0.0220% / 8h | 2h 15m | $89K | $218K | 25x |
Hyperliquid MNT
BloFin MNT-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
- $22.98
- Price spread: −0.103% → −0.136%
- $3.31
- Slippage, 4 orders
- −$47.44
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.16
- Costs to cover
- 0.684%
- Break-even
- 19.8 days
Slippage from Hyperliquid: live order book, 7 min ago; BloFin: live order book, 67 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 Hyperliquid live order book, 7 min ago | 1.68 bp | 19.2 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 67 min ago | 6.91 bp | 18.1 bp −$18 | 49.7 bp −$497 | 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 | 0.6508 | −0.158% | $19 | — | 100x | as long as short |
| Injective MNT/USDC PERP | −0.0092% | 1h | 0.6526 | +0.112% | $3K | $210K | 12x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6508 | −0.157% | $781 | — | 150x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6507 | −0.179% | $43.0M | $13.6M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6501 | −0.272% | $413K | $115K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6506 | −0.195% | $2.5M | $585K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6505 | −0.210% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6531 | +0.191% | $294K | $117K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6514 | −0.072% | $11K | $641K | 50x | as long as short |
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6521 | +0.035% | $1K | — | 10x | 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 MNTUSDT
Orderly PERP_MNT_USDCShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MNTlong | +0.0111% | 1h | 0.6519 | long leg | $6.6M | $897K | 5x | |
| BloFin MNT-USDTshort | +0.0220% | 8h | 0.6512 | −0.103% | $89K | $218K | 25x | |
| Kraken Futures PF_MNTUSD | +0.0228% | 1h | 0.6523 | +0.072% | $17K | $20K | 20x | as long as short |
| Lighter MNT | +0.0640% | 1h | 0.6526 | +0.120% | $140K | $70K | 5x | as long as short |
| Backpack MNT_USDC_PERP | +0.0673% | 1h | 0.6512 | −0.103% | $40K | $34K | 10x | as long as short |
Kraken Futures PF_MNTUSD
Lighter MNT
Backpack MNT_USDC_PERP