Funding you earn now, next payment 06:00 UTC−0.1017%/8h= −111.3% APRpaid last 24h −0.127%
Price spread now: BloFin against Hyperliquid−0.262%47s7-day average −0.217% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as 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−$750.749% of the position
Funding, last 7 days−0.376%−$38 on $10k
+Price spread, last 4 days (all we have)+0.206%+$21 · spread now −0.262%, 7d avg −0.217%
=Together, before fees−0.171%+ Points / potential airdropHyperliquid: Season 2 · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and BloFin is 0.045% cheaper against Hyperliquid than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.217%). Swap the legs. The two prices were read 47 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 -0.376% in total (about -19.6% 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 | Hyperliquid REZ | 0.003823 | 0.1156 | pay 0.0145% / 1h | 32m 22s | $1.5M | $503K | 3x |
| Short | BloFin REZ-USDT | 0.003813 | 0.0139 | get 0.0070% / 4h | 2h 32m | $316K | $42K | 50x |
Hyperliquid REZ
BloFin REZ-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
- −$213.52
- Price spread: −0.262% → −0.217%
- −$4.5
- Slippage, 4 orders
- −$53.87
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$292.9
- Costs to cover
- 0.749%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; BloFin: live order book, 57 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, 8 min ago | 2.62 bp | 18.9 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 57 min ago | 1.29 bp | 20.9 bp −$21 | 46.2 bp −$462 | doesn't fit | doesn't fit |
REZ 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 REZUSDT | +0.0100% | 4h | 0.003814 | −0.244% | $18K | $37K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003813 | −0.268% | $4.8M | $8.5M | 50x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003814 | −0.235% | $1.3M | $414K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003814 | −0.235% | $445K | $80K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003814 | −0.235% | $594K | $1.2M | 50x | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003828 | +0.128% | $87K | $49K | — | as long as short |
| Gate REZ_USDT | +0.0126% | 4h | 0.003819 | −0.105% | $390K | $118K | 10x | as long as short |
| BloFin REZ-USDTshort | +0.0139% | 4h | 0.003813 | −0.262% | $316K | $42K | 50x | |
| BingX REZ-USDT | +0.0568% | 4h | 0.003814 | −0.235% | — | $6.6M | — | as long as short |
| Bybit REZUSDT | +0.0599% | 4h | 0.003818 | −0.131% | $1.4M | $1.0M | 25x | as long as short |
Aster REZUSDT
Binance REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
Gate REZ_USDT
BingX REZ-USDT
Bybit REZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0779% | 1h | 0.003811 | −0.319% | $43K | $10K | 10x | as long as short |
| Hyperliquid REZlong | +0.1156% | 1h | 0.003823 | long leg | $1.5M | $503K | 3x |
Kraken Futures PF_REZUSD