Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.023%
Price spread now: Hyperliquid against BloFin+0.126%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$680.681% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 3 days (all we have)−0.816%−$82 · spread now +0.126%, 7d avg +0.059%
=Together, before fees−0.763%+ Points / potential airdropHyperliquid: Season 2 · farm board−$76 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.067% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STX-USDT | 0.3404 | 0.0079 | pay 0.0079% / 8h | 34m 44s | $429K | $231K | 20x |
| Short | Hyperliquid STX | 0.3408 | 0.0100 | get 0.0013% / 1h | 34m 44s | $1.5M | $1.0M | 5x |
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
- $4.36
- Price spread: +0.126% → +0.059%
- $6.73
- Slippage, 4 orders
- −$47.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$56.98
- Costs to cover
- 0.681%
- Break-even
- 98.4 days
Slippage from BloFin: live order book, 41 min ago; Hyperliquid: live order book, 6 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, 41 min ago | 4.34 bp | 17.5 bp −$18 | 37.8 bp −$378 | 239.1 bp −$23.9K | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.32 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
STX on 18 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_STXUSD | −0.1676% | 1h | 0.3405 | +0.037% | $75K | $125K | 20x | as long as short |
| Variational Omni STX | −0.0445% | 8h | 0.3406 | +0.062% | $786K | $332K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3410 | +0.190% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | 0.0000% | 1h | 0.3463 | +1.733% | $4K | $264K | 12x | as long as short |
| Bitget STXUSDT | +0.0060% | 8h | 0.3400 | −0.118% | $4.9M | $1.9M | 50x | as long as short |
| BloFin STX-USDTlong | +0.0079% | 8h | 0.3404 | long leg | $429K | $231K | 20x | |
| Hyperliquid STXshort | +0.0100% | 1h | 0.3408 | +0.126% | $1.5M | $1.0M | 5x | |
| Aster STXUSDT | +0.0100% | 8h | 0.3404 | +0.003% | $127K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3406 | +0.049% | $8.0M | $19.9M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3398 | −0.165% | $8.7M | $7.5M | 75x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3402 | −0.059% | $2.4M | $6.5M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3398 | −0.176% | $596K | $443K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3405 | +0.029% | $6.2M | $1.3M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3405 | +0.029% | $2.4M | $1.7M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3400 | −0.118% | — | $16.1M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3413 | +0.264% | $57K | $679K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3403 | −0.020% | $184K | $590K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0194% / S −0.0366% | 1h | 0.3411 | +0.211% | $5K | — | 100x | as long as short |
BloFin STX-USDT
Hyperliquid STX
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Bitget STXUSDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]