Funding you earn now, next payment 22:00 UTC+0.0015%/8h= +1.7% APRpaid last 24h −0.003%
Price spread now: Hyperliquid against BloFin−0.028%47s7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as 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−$750.750% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 3 days (all we have)+0.077%+$8 · spread now −0.028%, 7d avg +0.074%
=Together, before fees−0.041%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.103% cheaper against BloFin than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.074%). If the spread goes back, that is −$10 on $10k: about 22 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.119%, 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 AXS-USDT | 1.0621 | 0.0085 | pay 0.0042% / 4h | 2h 08m | $273K | $30K | 75x |
| Short | Hyperliquid AXS | 1.0618 | 0.0100 | get 0.0013% / 1h | 8m 24s | $261K | $293K | 5x |
BloFin AXS-USDT
Hyperliquid AXSFunding 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
- $3.2
- Price spread: −0.028% → +0.074%
- −$10.27
- Slippage, 4 orders
- −$54.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$82.09
- Costs to cover
- 0.750%
- Break-even
- 186.4 days
Slippage from BloFin: live order book, 8 min ago; Hyperliquid: live order book, 1 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, 8 min ago | 1.88 bp | 17.4 bp −$17 | 34.7 bp −$347 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 1 min ago | 2.83 bp | 23.8 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
AXS on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0338% | 1h | 1.0626 | +0.045% | $139K | $322K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.932% | $5 | $47K | 5.5x | as long as short |
| OKX AXS-USDT-SWAP | +0.0037% | 4h | 1.0614 | −0.066% | $1.4M | $2.7M | 20x | as long as short |
| Orderly PERP_AXS_USDC | +0.0074% | 4h | 1.0610 | −0.104% | $3K | — | 10x | as long as short |
| BloFin AXS-USDTlong | +0.0085% | 4h | 1.0621 | long leg | $273K | $30K | 75x | |
| Lighter AXS | +0.0096% | 1h | 1.0640 | +0.179% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXSshort | +0.0100% | 1h | 1.0618 | −0.028% | $261K | $293K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0621 | −0.001% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0617 | −0.038% | $5.9M | $9.3M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0609 | −0.113% | $3.2M | $3.6M | 75x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
OKX AXS-USDT-SWAP
Orderly PERP_AXS_USDC
Lighter AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0638 | +0.160% | $959K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0615 | −0.056% | $11.1M | $764K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0620 | −0.009% | $583K | $294K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0620 | −0.009% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0612 | −0.085% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0610 | −0.106% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0616 | −0.050% | $758K | $907K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0618 | −0.028% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0613 | −0.075% | $702 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0613 | −0.076% | $7K | $156K | 10x | as long as short |
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD