Funding you earn now, next payment 22:00 UTC+0.1030%/8h= +112.7% APRpaid last 24h −0.050%
Price spread now: Hyperliquid against BloFin+0.351%47s7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as 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−$490.490% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 3 days (all we have)−0.478%−$48 · spread now +0.351%, 7d avg −0.055%
=Together, before fees−0.713%+ Points / potential airdropHyperliquid: Season 2 · farm board−$71 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Hyperliquid is 0.406% dearer against BloFin than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of −0.055%. Mind the row above: over the last 7 days funding on this pair cost −0.236%, so the current rate has only just turned in your favour. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.236% in total (about -12.3% 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 XMR-USDT | 592.79 | 0.0518 | pay 0.0518% / 8h | 2h 38m | $2.8M | $11.3M | 75x |
| Short | Hyperliquid XMR | 594.87 | 0.1548 | get 0.0193% / 1h | 38m 23s | $86.6M | $65.3M | 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
- $216.2
- Price spread: +0.351% → −0.055%
- $40.62
- Slippage, 4 orders
- −$27.98
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $207.85
- Costs to cover
- 0.490%
- Break-even
- 0.3 days
Slippage from BloFin: live order book, 5 min ago; Hyperliquid: live order book, 5 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, 5 min ago | 2.44 bp | 15.8 bp −$16 | 26.4 bp −$264 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 2.10 bp | 7.1 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
XMR on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0009% | 1h | 593.31 | +0.088% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 591.89 | −0.152% | $3K | $6K | 12x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 593.63 | +0.142% | $47.5M | $60.7M | 75x | as long as short |
| Backpack XMR_USDC_PERP | +0.0100% | 1h | 592.50 | −0.049% | $202K | $567K | 20x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 593.35 | +0.095% | $1.1M | $671K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 592.28 | −0.086% | $2K | $1.9M | 20x | as long as short |
| Polymarket Perps XMR-USD | +0.0165% | 1h | 594.04 | +0.211% | $24K | $1.8M | 5x | as long as short |
| dYdX XMR-USD | +0.0173% | 1h | 592.66 | −0.022% | $108K | $50K | 5x | as long as short |
| Aevo XMR-PERP | +0.0176% | 1h | 594.17 | +0.232% | $12K | — | 3x | as long as short |
| Lighter XMR | +0.0176% | 1h | 593.34 | +0.093% | $3.5M | $6.7M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XMR-USD | +0.0180% | 1h | 593.14 | +0.059% | $451K | $4K | 5x | as long as short |
| Variational Omni XMR | +0.0300% | 8h | 593.60 | +0.137% | $6.9M | $2.8M | — | as long as short |
| Gate XMR_USDT | +0.0366% | 8h | 593.16 | +0.062% | $1.6M | $4.5M | 50x | as long as short |
| Binance XMRUSDT | +0.0368% | 8h | 594.07 | +0.216% | $54.4M | $161.7M | 75x | as long as short |
| MEXC XMR_USDT | +0.0369% | 8h | 594.03 | +0.209% | $22.6M | $15.2M | 100x | as long as short |
| BingX XMR-USDT | +0.0376% | 8h | 593.97 | +0.199% | — | $5.8M | — | as long as short |
| Bitget XMRUSDT | +0.0389% | 8h | 593.68 | +0.150% | $9.9M | $14.0M | 50x | as long as short |
| BloFin XMR-USDTlong | +0.0518% | 8h | 592.79 | long leg | $2.8M | $11.3M | 75x | |
| Aster XMRUSDT | +0.0554% | 8h | 593.71 | +0.154% | $669K | $2.3M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0614% | 1h | 592.18 | −0.103% | $5.6M | $20.3M | 50x | as long as short |
| Pacifica XMR | +0.0619% | 1h | 593.75 | +0.161% | $268K | $1.0M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0624% | 8h | 593.34 | +0.094% | $346K | $796K | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0626% | 8h | 593.77 | +0.165% | $49.4M | $25.4M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0733% | 8h | 593.76 | +0.163% | $8K | $4K | 20x | as long as short |
| Nado XMR-PERP | +0.0810% | 1h | 593.63 | +0.141% | $1.3M | $477K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0841% / S −0.1411% | 1h | 593.09 | +0.050% | $353K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.0869% | 8h | 593.93 | +0.192% | $48K | $729K | 10x | as long as short |
| Extended XMR-USD | +0.1080% | 1h | 593.71 | +0.155% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMRshort | +0.1548% | 1h | 594.87 | +0.351% | $86.6M | $65.3M | 5x | |
| Aftermath Perps XMRUSD | +0.2309% | 1h | 593.34 | +0.094% | $2K | $47K | 10x | as long as short |
| HTX XMR-USDT | +0.2402% | 8h | 590.51 | −0.385% | $1.1M | $1.4M | 20x | as long as short |
BloFin XMR-USDT
Hyperliquid XMR
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
Bybit XMRUSDT
Backpack XMR_USDC_PERP
edgeX XMRUSDC
SunX XMR-USDT
Polymarket Perps XMR-USD
Lighter XMR
SoDEX XMR-USD
Variational Omni XMR
Gate XMR_USDT
Binance XMRUSDT
MEXC XMR_USDT
BingX XMR-USDT
Bitget XMRUSDT
Aster XMRUSDT
Kraken Futures PF_XMRUSD
Pacifica XMR
GRVT XMR_USDT_Perp
KuCoin XMRUSDTM
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
Extended XMR-USD
Aftermath Perps XMRUSD
HTX XMR-USDT