Funding you earn now, next payment 22:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.072%
Price spread now: Hyperliquid against BloFin+0.368%107s7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as 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−$480.478% of the position
Funding, last 7 days−0.279%−$28 on $10k
+Price spread, last 3 days (all we have)−0.480%−$48 · spread now +0.368%, 7d avg +0.044%
=Together, before fees−0.759%+ Points / potential airdropHyperliquid: Season 2 · farm board−$76 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.324% dearer against BloFin than usual: you sell high and buy low (spread +0.368% now, against its 7-day average of +0.044%): +$32 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.5 days. 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 | BloFin TIA-USDT | 0.4296 | 0.0340 | pay 0.0170% / 4h | 2h 37m | $992K | $510K | 75x |
| Short | Hyperliquid TIA | 0.4312 | 0.0100 | get 0.0013% / 1h | 37m 16s | $4.2M | $1.5M | 5x |
BloFin TIA-USDT
Hyperliquid TIAFunding 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
- −$50.4
- Price spread: +0.368% → +0.044%
- $32.37
- Slippage, 4 orders
- −$26.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$65.82
- Costs to cover
- 0.478%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 49 min ago; Hyperliquid: live order book, 4 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, 49 min ago | 1.15 bp | 11.0 bp −$11 | 17.5 bp −$175 | 57.6 bp −$5,765 | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.93 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
TIA on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | −0.0466% | 4h | 0.4302 | +0.140% | $9.3M | $13.0M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0390% | 1h | 0.4308 | +0.288% | $354K | $239K | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0128% | 1h | 0.4298 | +0.047% | $48K | $235K | 50x | as long as short |
| Gate TIA_USDT | −0.0120% | 4h | 0.4304 | +0.186% | $994K | $1.8M | 75x | as long as short |
| Backpack TIA_USDC_PERP | −0.0032% | 1h | 0.4298 | +0.056% | $102K | $151K | 10x | as long as short |
| OKX TIA-USDT-SWAP | −0.0027% | 4h | 0.4304 | +0.186% | $2.7M | $5.7M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0020% | 4h | 0.4304 | +0.186% | $4.1M | $8.6M | 50x | as long as short |
| Variational Omni TIA | −0.0018% | 4h | 0.4296 | +0.001% | $96K | $81K | — | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4309 | +0.303% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4307 | +0.257% | $1K | — | 150x | as long as short |
Bybit TIAUSDT
Kraken Futures PF_TIAUSD
ApeX Omni TIAUSDT
Gate TIA_USDT
Backpack TIA_USDC_PERP
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Variational Omni TIA
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0092% | 4h | 0.4304 | +0.185% | $34K | $272K | 10x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4307 | +0.258% | $127K | $353K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4304 | +0.186% | $5K | $360K | 10x | as long as short |
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4312 | +0.368% | $4.2M | $1.5M | 5x | |
| Binance TIAUSDT | +0.0100% | 4h | 0.4306 | +0.237% | $14.0M | $41.1M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4307 | +0.256% | $9.0M | $5.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4305 | +0.209% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4306 | +0.233% | — | $6.5M | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4306 | +0.233% | $73K | $15K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4304 | +0.176% | $58K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4305 | +0.215% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0178% | 1h | 0.4305 | +0.208% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0200% | 1h | 0.4322 | +0.605% | $48K | $71K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4300 | +0.093% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDTlong | +0.0340% | 4h | 0.4296 | long leg | $992K | $510K | 75x | |
| GMX TIA/USD [ETH-USDC] | L +0.0456% / S −0.3505% | 1h | 0.4308 | +0.270% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0826% | 1h | 0.4303 | +0.159% | $51K | $59 | 10x | as long as short |
Aster TIAUSDT
Lighter TIA
Orderly PERP_TIA_USDC
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD