Funding you earn now, next payment 00:00 UTC+0.1136%/8h= +124.4% APRpaid last 24h +0.189%
Price spread now: Hyperliquid against BloFin+0.353%7-day average +0.251% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.469%+$47 on $10k
+Price spread, last 3 days (all we have)−0.095%−$9 · spread now +0.353%, 7d avg +0.251%
=Together, before fees+0.374%+ Points / potential airdropHyperliquid: Season 2 · farm board+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Hyperliquid is 0.102% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.251%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.469% in total (about 24.4% 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 SYRUP-USDT | 0.2293 | 0.0117 | pay 0.0058% / 4h | 33m 19s | $459K | $133K | 50x |
| Short | Hyperliquid SYRUP | 0.2301 | 0.1253 | get 0.0157% / 1h | 33m 19s | $5.9M | $1.5M | 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
- $238.63
- Price spread: +0.353% → +0.251%
- $10.23
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $227.86
- Costs to cover
- 0.210%
- Break-even
- 0.3 days
Slippage unknown: BloFin: live order book, 42 min ago; Hyperliquid: live order book, 9 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, 42 min ago | 0.44 bp | 23.3 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 1.52 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
SYRUP on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter SYRUP | +0.0096% | 1h | 0.2298 | +0.218% | $209K | $220K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2294 | +0.042% | $13K | $62K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2294 | +0.065% | $9.6M | $6.6M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2295 | +0.087% | $2.3M | $1.9M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2294 | +0.044% | $1.2M | $1.0M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2297 | +0.183% | $428K | $68K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2294 | +0.044% | $3.0M | $582K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2303 | +0.423% | $2.0M | $108K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2296 | +0.131% | $667K | $440K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2295 | +0.087% | — | $6.5M | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SYRUP | +0.0100% | 4h | 0.2298 | +0.211% | $165K | $46K | — | as long as short |
| BloFin SYRUP-USDTlong | +0.0117% | 4h | 0.2293 | long leg | $459K | $133K | 50x | |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2295 | +0.097% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0330% / S −0.1447% | 1h | 0.2293 | +0.008% | $3K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSD | +0.0687% | 1h | 0.2293 | +0.022% | $41K | $23K | 10x | as long as short |
| Hyperliquid SYRUPshort | +0.1253% | 1h | 0.2301 | +0.353% | $5.9M | $1.5M | 3x |
BloFin SYRUP-USDT
Hyperliquid SYRUP
Lighter SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDT
BingX SYRUP-USDT
Variational Omni SYRUP
GMX SYRUP/USD [ETH-USDC]
Kraken Futures PF_SYRUPUSD