Funding you earn now, next payment 03:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.015%
Price spread now: BloFin against Hyperliquid+0.133%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$600.600% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+0.486%+$49 · spread now +0.133%, 7d avg +0.061%
=Together, before fees+0.572%+ Points / potential airdropHyperliquid: Season 2 · farm board+$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.072% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.061%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 7 days funding on this pair paid +0.085%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ATOM | 1.8006 | 0.0100 | pay 0.0013% / 1h | 40m 54s | $2.8M | $759K | 5x |
| Short | BloFin ATOM-USDT | 1.8030 | 0.0080 | get 0.0080% / 8h | 5h 40m | $1.1M | $309K | 75x |
Hyperliquid ATOM
BloFin ATOM-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
- −$4.13
- Price spread: +0.133% → +0.061%
- $7.2
- Slippage, 4 orders
- −$38.95
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$56.88
- Costs to cover
- 0.600%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; BloFin: live order book, 71 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, 10 min ago | 0.83 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 71 min ago | 8.32 bp | 18.1 bp −$18 | 31.3 bp −$313 | 91.8 bp −$9,177 | 239.1 bp −$119.6K |
ATOM on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0224% | 1h | 1.7940 | −0.367% | $25K | $6K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0147% | 8h | 1.8016 | +0.056% | $15.1M | $10.0M | 75x | as long as short |
| Variational Omni ATOM | −0.0105% | 8h | 1.8006 | +0.003% | $576K | $74K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0083% | 8h | 1.8000 | −0.033% | $5.1M | $5.5M | 50x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0028% | 1h | 1.8006 | 0.000% | $495 | $10K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8027 | +0.115% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8025 | +0.107% | $800 | — | 150x | as long as short |
| BloFin ATOM-USDTshort | +0.0080% | 8h | 1.8030 | +0.133% | $1.1M | $309K | 75x | |
| Hyperliquid ATOMlong | +0.0100% | 1h | 1.8006 | long leg | $2.8M | $759K | 5x | |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8005 | −0.006% | $976K | $239K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Bybit ATOMUSDT
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Deribit ATOM_USDC-PERPETUAL
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8020 | +0.078% | $21.4M | $30.1M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8010 | +0.022% | $2.5M | $821K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8010 | +0.022% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8030 | +0.133% | $1.6M | $687K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8026 | +0.111% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8020 | +0.078% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8016 | +0.055% | $443K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8000 | −0.033% | $761K | $2.8M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7966 | −0.222% | $314K | $180K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8020 | +0.078% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8015 | +0.050% | $7K | $205K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0123% | 1h | 1.8028 | +0.120% | $3.1M | $690K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8050 | +0.244% | $658 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8025 | +0.105% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8007 | +0.005% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP