Funding you earn now, next payment 21:00 UTC−0.0391%/8h= −42.9% APRpaid last 24h −0.003%
Price spread now: BloFin against Hyperliquid−0.108%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$320.318% of the position
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 3 days (all we have)+0.490%+$49 · spread now −0.108%, 7d avg −0.080%
=Together, before fees+0.645%+ Points / potential airdropHyperliquid: Season 2 · farm board+$65 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and BloFin is 0.028% cheaper against Hyperliquid than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.080%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.155%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.155% in total (about 8.1% 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 | Hyperliquid AAVE | 148.04 | 0.0596 | pay 0.0074% / 1h | 20m 39s | $84.8M | $31.0M | 10x |
| Short | BloFin AAVE-USDT | 147.88 | 0.0204 | get 0.0204% / 8h | 3h 20m | $3.6M | $5.4M | 100x |
Hyperliquid AAVE
BloFin AAVE-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
- −$82.18
- Price spread: −0.108% → −0.080%
- −$2.78
- Slippage, 4 orders
- −$10.8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$116.76
- Costs to cover
- 0.318%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; BloFin: live order book, 8 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, 8 min ago | 0.68 bp | 7.8 bp −$8 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 1.01 bp | 8.9 bp −$9 | 15.3 bp −$153 | 36.8 bp −$3,684 | doesn't fit |
AAVE on 42 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUAL | −0.4817% | 1h | 147.27 | −0.520% | $198K | $410K | 50x | as long as short |
| SoDEX AAVE-USD | −0.0082% | 1h | 147.94 | −0.068% | $5K | $294K | 10x | as long as short |
| Kraken Futures PF_AAVEUSD | −0.0060% | 1h | 148.03 | −0.006% | $3.5M | $2.0M | 50x | as long as short |
| Phoenix AAVE | −0.0039% | 1h | 148.02 | −0.014% | $4K | $95K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 147.85 | −0.128% | $105K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 147.82 | −0.149% | $75K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 147.96 | −0.054% | $72K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −7.484% | $422 | $51K | 12x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0040% | 8h | 147.79 | −0.169% | $18.4M | $66.2M | 50x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 147.86 | −0.121% | — | — | 20x | as long as short |
Deribit AAVE_USDC-PERPETUAL
SoDEX AAVE-USD
Kraken Futures PF_AAVEUSD
Phoenix AAVE
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
OKX AAVE-USDT-SWAP
Reya AAVERUSDPERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_AAVE_USDC | +0.0064% | 8h | 147.93 | −0.074% | $19K | $12K | 10x | as long as short |
| Nado AAVE-PERP | +0.0065% | 1h | 147.86 | −0.122% | $833K | $437K | 10x | as long as short |
| MEXC AAVE_USDT | +0.0084% | 8h | 147.76 | −0.189% | $34.3M | $25.9M | 200x | as long as short |
| Binance AAVEUSDT | +0.0085% | 8h | 147.80 | −0.162% | $67.1M | $178.2M | 75x | as long as short |
| ApeX Omni AAVEUSDT | +0.0086% | 1h | 147.76 | −0.189% | $137K | $231K | 50x | as long as short |
| 01 Exchange AAVEUSD | +0.0088% | 1h | 147.84 | −0.135% | $11K | $2K | 5x | as long as short |
| RISEx AAVE/USDC | +0.0090% | 1h | 147.85 | −0.127% | $184K | $241K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 147.96 | −0.052% | $4.8M | $1.7M | 10x | as long as short |
| Gate AAVE_USDT | +0.0099% | 8h | 147.76 | −0.189% | $8.0M | $15.1M | 75x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 147.75 | −0.195% | $14K | $4K | 20x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 147.92 | −0.082% | $1.4M | $1.1M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 147.83 | −0.142% | $346K | $481K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 147.83 | −0.142% | $62.7M | $63.7M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 147.83 | −0.142% | $52K | $337K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 147.82 | −0.149% | $62K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 147.75 | −0.196% | $10.4M | $8.4M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 147.75 | −0.196% | $30.5M | $17.3M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 147.78 | −0.176% | — | $43.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 148.06 | +0.014% | $351K | $656K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 148.23 | +0.126% | $3.9M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 147.72 | −0.216% | $101K | $311K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 147.68 | −0.242% | $463K | $3.9M | 10x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 147.97 | −0.047% | $131K | $468K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 147.87 | −0.118% | $2K | $1.2M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 148.00 | −0.024% | $753K | $4.8M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 147.90 | −0.095% | $4.2M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 147.77 | −0.181% | $957K | $1.8M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 147.96 | −0.054% | $125K | $146 | 10x | as long as short |
| BloFin AAVE-USDTshort | +0.0204% | 8h | 147.88 | −0.108% | $3.6M | $5.4M | 100x | |
| Coinbase International AAVE-PERP-INTX | +0.0208% | 1h | 147.98 | −0.041% | $798K | $3.0M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0269% / S −0.0451% | 1h | 147.95 | −0.060% | $130K | — | 100x | as long as short |
| Hyperliquid AAVElong | +0.0596% | 1h | 148.04 | long leg | $84.8M | $31.0M | 10x |
Orderly PERP_AAVE_USDC
Nado AAVE-PERP
MEXC AAVE_USDT
Binance AAVEUSDT
ApeX Omni AAVEUSDT
01 Exchange AAVEUSD
RISEx AAVE/USDC
Lighter AAVE
Gate AAVE_USDT
Paradex AAVE-USD-PERP
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Arcus AAVE-USD
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
Aevo AAVE-PERP
Coinbase International AAVE-PERP-INTX
GMX AAVE/USD [AAVE-USDC]