Funding you earn now, next payment 22:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h −0.005%
Price spread now: BloFin against Hyperliquid−0.089%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$820.819% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 3 days (all we have)+0.733%+$73 · spread now −0.089%, 7d avg +0.037%
=Together, before fees+0.902%+ Points / potential airdropHyperliquid: Season 2 · farm board+$90 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 BloFin is 0.125% cheaper against Hyperliquid than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.037%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.169%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEO | 2.4832 | 0.0100 | pay 0.0013% / 1h | 51m 08s | $241K | $140K | 5x |
| Short | BloFin NEO-USDT | 2.4810 | 0.0081 | get 0.0081% / 8h | 2h 51m | $148K | $77K | 75x |
Funding 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
- −$4.07
- Price spread: −0.089% → +0.037%
- −$12.53
- Slippage, 4 orders
- −$60.93
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$98.54
- Costs to cover
- 0.819%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 32 min ago; BloFin: live order book, 30 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, 32 min ago | 2.01 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 4.01 bp | 14.9 bp −$15 | 32.9 bp −$329 | doesn't fit | doesn't fit |
NEO 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_NEOUSD | −0.1088% | 1h | 2.4836 | +0.015% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDTshort | +0.0081% | 8h | 2.4810 | −0.089% | $148K | $77K | 75x | |
| Hyperliquid NEOlong | +0.0100% | 1h | 2.4832 | long leg | $241K | $140K | 5x | |
| Binance NEOUSDT | +0.0100% | 8h | 2.4825 | −0.027% | $3.1M | $4.7M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.4830 | −0.008% | $1.6M | $876K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.4830 | −0.008% | $337K | $587K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.4830 | −0.008% | $259K | $116K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.4830 | −0.008% | $2.8M | $632K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.4790 | −0.169% | $729K | $150K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.4790 | −0.169% | $1.6M | $284K | 75x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NEO-USDC | +0.0100% | 8h | 2.4820 | −0.048% | — | $6.5M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.4850 | +0.072% | $21K | $331 | — | as long as short |
Hyperliquid NEO
BloFin NEO-USDT
Kraken Futures PF_NEOUSD
Binance NEOUSDT
Bybit NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDC
Variational Omni NEO