Funding you earn now, next payment 22:00 UTC−0.0154%/8h= −16.8% APRpaid last 24h −0.022%
Price spread now: BloFin against Hyperliquid−0.103%107s7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as 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−$620.622% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 3 days (all we have)+1.171%+$117 · spread now −0.103%, 7d avg −0.057%
=Together, before fees+1.123%+ Points / potential airdropHyperliquid: Season 2 · farm board+$112 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.046% cheaper against Hyperliquid than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.057%). Swap the legs. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STX | 0.3413 | 0.0257 | pay 0.0032% / 1h | 13m 23s | $1.5M | $1.0M | 5x |
| Short | BloFin STX-USDT | 0.3410 | 0.0103 | get 0.0103% / 8h | 2h 13m | $432K | $241K | 20x |
Hyperliquid STX
BloFin STX-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
- −$32.27
- Price spread: −0.103% → −0.057%
- −$4.59
- Slippage, 4 orders
- −$41.19
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$99.05
- Costs to cover
- 0.622%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; BloFin: live order book, 7 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, 7 min ago | 1.17 bp | 14.8 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 2.93 bp | 18.9 bp −$19 | 28.4 bp −$284 | 172.6 bp −$17.3K | 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 | −0.1365% | 1h | 0.3417 | +0.111% | $76K | $159K | 20x | as long as short |
| Variational Omni STX | −0.0542% | 8h | 0.3405 | −0.253% | $808K | $306K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3415 | +0.032% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3441 | +0.806% | $4K | $148K | 12x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3415 | +0.051% | $128K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3411 | −0.088% | $8.0M | $20.2M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3405 | −0.246% | $8.7M | $7.5M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3406 | −0.220% | $2.4M | $6.6M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3406 | −0.220% | $597K | $442K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3414 | +0.015% | $6.3M | $1.5M | 50x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3414 | +0.015% | $2.4M | $1.8M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3407 | −0.190% | $4.9M | $2.0M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3413 | −0.015% | — | $15.7M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3408 | −0.161% | $57K | $682K | 50x | as long as short |
| BloFin STX-USDTshort | +0.0103% | 8h | 0.3410 | −0.103% | $432K | $241K | 20x | |
| Extended STX-USD | +0.0104% | 1h | 0.3414 | 0.000% | $180K | $585K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0313% | 1h | 0.3419 | +0.158% | $5K | — | 100x | as long as short |
| Hyperliquid STXlong | +0.0257% | 1h | 0.3413 | long leg | $1.5M | $1.0M | 5x |
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]