Funding you earn now, next payment 03:00 UTC+0.1555%/8h= +170.3% APRpaid last 24h +0.391%
Price spread now: Hyperliquid against BloFin−0.042%87s7-day average +0.336% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.545%+$54 on $10k
+Price spread, last 4 days (all we have)+0.640%+$64 · spread now −0.042%, 7d avg +0.336%
=Together, before fees+1.185%+ Points / potential airdropHyperliquid: Season 2 · farm board+$119 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.378% cheaper against BloFin than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.336%). If the spread goes back, that is −$38 on $10k: about 19 hours of funding at the current rate (+$47 a day). At the pace of the last 7 days (+0.545% in total) that is about 4.9 days. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.545% in total (about 28.4% 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 NIL-USDT | 0.07071 | 0.0146 | pay 0.0073% / 4h | 1h 19m | $368K | $127K | 50x |
| Short | Hyperliquid NIL | 0.07068 | 0.1702 | get 0.0213% / 1h | 19m 33s | $4.4M | $4.5M | 3x |
BloFin NIL-USDT
Hyperliquid NILFunding 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
- $326.65
- Price spread: −0.042% → +0.336%
- −$37.83
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $267.82
- Costs to cover
- 0.210%
- Break-even
- 1.3 days
Slippage unknown: BloFin: live order book, 21 min ago; Hyperliquid: live order book, 2 min ago. Net counts fees only.
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, 21 min ago | 7.10 bp | 24.6 bp −$25 | 127.1 bp −$1,271 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.34 bp | 14.5 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
NIL 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.07044 | −0.382% | $23K | $332K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07043 | −0.399% | $5.5M | $75.6M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07079 | +0.113% | $3.9M | $13.9M | 20x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07040 | −0.438% | $2.4M | $4.4M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07049 | −0.311% | $579K | $712K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07049 | −0.311% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07041 | −0.424% | — | $8.5M | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07036 | −0.500% | $17K | $91K | 5x | as long as short |
| BloFin NIL-USDTlong | +0.0146% | 4h | 0.07071 | long leg | $368K | $127K | 50x | |
| Variational Omni NIL | +0.0241% | 4h | 0.07083 | +0.172% | $182K | $283K | — | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USD
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NIL_USDT | +0.0248% | 4h | 0.07051 | −0.283% | $453K | $2.0M | 50x | as long as short |
| Hyperliquid NILshort | +0.1702% | 1h | 0.07068 | −0.042% | $4.4M | $4.5M | 3x |
Gate NIL_USDT