Funding you earn now, next payment 23:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.070%
Price spread now: Hyperliquid against BloFin−0.099%7-day average −0.206% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1501.498% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 3 days (all we have)+0.123%+$12 · spread now −0.099%, 7d avg −0.206%
=Together, before fees+0.293%+ Points / potential airdropHyperliquid: Season 2 · farm board+$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Hyperliquid is 0.107% dearer against BloFin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.206%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STBL-USDT | 0.02638 | 0.0088 | pay 0.0044% / 4h | 1h 21m | $127K | $22K | 50x |
| Short | Hyperliquid STBL | 0.02635 | 0.0100 | get 0.0013% / 1h | 21m 05s | $1.9M | $280K | 3x |
Funding 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
- $2.58
- Price spread: −0.099% → −0.206%
- $10.74
- Slippage, 4 orders
- −$128.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$136.44
- Costs to cover
- 1.498%
- Break-even
- 376.9 days
Slippage from BloFin: live order book, 52 min ago; Hyperliquid: live order book, 10 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, 52 min ago | 7.60 bp | 38.5 bp −$39 | 210.9 bp −$2,109 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.33 bp | 37.3 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
STBL 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin STBL-USDTlong | +0.0088% | 4h | 0.02638 | long leg | $127K | $22K | 50x | |
| Lighter STBL | +0.0096% | 1h | 0.02631 | −0.265% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBLshort | +0.0100% | 1h | 0.02635 | −0.099% | $1.9M | $280K | 3x | |
| Binance STBLUSDT | +0.0100% | 4h | 0.02643 | +0.173% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02642 | +0.152% | $370K | $149K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02635 | −0.114% | $1.1M | $230K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02633 | −0.202% | $962 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02637 | −0.038% | $2K | $1.1M | 20x | as long as short |
| BingX STBL-USDT | +0.0226% | 4h | 0.02642 | +0.152% | — | $6.6M | — | as long as short |
| Bybit STBLUSDT | +0.0286% | 4h | 0.02639 | +0.038% | $1.5M | $686K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STBL_USDT | +0.0344% | 4h | 0.02644 | +0.227% | $1.2M | $117K | 50x | as long as short |
| Aster STBLUSDT | +0.0447% | 4h | 0.02640 | +0.076% | $88K | $6K | 5x | as long as short |
BloFin STBL-USDT
Hyperliquid STBL
Lighter STBL
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
BingX STBL-USDT
Bybit STBLUSDT
Gate STBL_USDT
Aster STBLUSDT