Funding you earn now, next payment 01:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h −0.030%
Price spread now: Hyperliquid against BloFin−0.117%47s7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as 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−$300.304% of the position
Funding, last 7 days−0.374%−$37 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now −0.117%, 7d avg −0.043%
=Together, before fees−0.371%+ Points / potential airdropHyperliquid: Season 2 · farm board−$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.074% cheaper against BloFin than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.043%). If the spread goes back, that is −$7 on $10k: about 11 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.374%, 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ADA-USDT | 0.2484 | 0.0220 | pay 0.0220% / 8h | 7h 08m | $4.5M | $5.7M | 75x |
| Short | Hyperliquid ADA | 0.2481 | 0.0242 | get 0.0030% / 1h | 8m 29s | $43.3M | $14.2M | 10x |
BloFin ADA-USDT
Hyperliquid ADAFunding 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
- $4.69
- Price spread: −0.117% → −0.043%
- −$7.37
- Slippage, 4 orders
- −$9.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$33.07
- Costs to cover
- 0.304%
- Break-even
- 56.4 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 | 2.01 bp | 8.0 bp −$8 | 8.0 bp −$80 | 16.0 bp −$1,602 | 49.0 bp −$24.5K |
| Sell Hyperliquid live order book, 5 min ago | 0.20 bp | 5.1 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2477 | −0.300% | $204K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2486 | +0.081% | $207K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2481 | −0.121% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.523% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2479 | −0.201% | $424K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2480 | −0.153% | $6.3M | $11.8M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2484 | −0.008% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2481 | −0.139% | $1.2M | $956K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2478 | −0.223% | $159K | $150K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2478 | −0.251% | $103.3M | $368.2M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Phoenix ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2478 | −0.242% | $72.7M | $105.3M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2479 | −0.201% | $32.8M | $108.0M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2476 | −0.322% | $98.9M | $60.0M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2476 | −0.322% | $54.5M | $52.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2480 | −0.169% | $30.5M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2479 | −0.201% | $66.9M | $44.9M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2478 | −0.242% | — | $20.4M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2481 | −0.121% | $138K | $416K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2477 | −0.278% | $4.3M | $967K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2479 | −0.202% | $66K | $281K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2483 | −0.041% | $294K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2478 | −0.242% | $56K | $586K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2478 | −0.238% | $94K | $650K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2481 | −0.121% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2482 | −0.072% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2481 | −0.120% | $9K | $766K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2481 | −0.137% | $341 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2482 | −0.086% | $1.3M | $5.6M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2481 | −0.121% | $48.3M | $6.1M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2477 | −0.264% | $540K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2477 | −0.281% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0184% | 1h | 0.2479 | −0.197% | $2.5M | $1.1M | 10x | as long as short |
| BloFin ADA-USDTlong | +0.0220% | 8h | 0.2484 | long leg | $4.5M | $5.7M | 75x | |
| Deribit ADA_USDC-PERPETUAL | +0.0234% | 1h | 0.2482 | −0.089% | $500K | $451K | 50x | as long as short |
| Hyperliquid ADAshort | +0.0242% | 1h | 0.2481 | −0.117% | $43.3M | $14.2M | 10x | |
| Reya ADARUSDPERP | +0.0282% | 1h | 0.2479 | −0.200% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0630% / S −0.0393% | 1h | 0.2481 | −0.117% | $143K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Lighter ADA
Deribit ADA_USDC-PERPETUAL
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]