Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h +0.007%
Price spread now: BloFin against Hyperliquid0.000%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$820.821% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now 0.000%, 7d avg −0.073%
=Together, before fees+0.072%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.073% dearer against Hyperliquid than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.073%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 21 days. Mind the row above: over the last 7 days funding on this pair paid +0.121%, 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 AXS | 1.0722 | 0.0100 | pay 0.0013% / 1h | 23m 13s | $258K | $309K | 5x |
| Short | BloFin AXS-USDT | 1.0722 | 0.0088 | get 0.0044% / 4h | 23m 13s | $274K | $24K | 75x |
Hyperliquid AXS
BloFin AXS-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
- −$2.42
- Price spread: 0.000% → −0.073%
- $7.26
- Slippage, 4 orders
- −$61.11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$77.28
- Costs to cover
- 0.821%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 66 min ago; BloFin: live order book, 69 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, 66 min ago | 2.79 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 69 min ago | 2.32 bp | 16.2 bp −$16 | 44.6 bp −$446 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.019% | $5 | $47K | 5.5x | as long as short |
| BloFin AXS-USDTshort | +0.0088% | 4h | 1.0722 | 0.000% | $274K | $24K | 75x | |
| Orderly PERP_AXS_USDC | +0.0093% | 4h | 1.0710 | −0.112% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0742 | +0.187% | $33K | $41K | 5x | as long as short |
| Hyperliquid AXSlong | +0.0100% | 1h | 1.0722 | long leg | $258K | $309K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0711 | −0.101% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0721 | −0.006% | $6.1M | $10.3M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0727 | +0.047% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0716 | −0.056% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0711 | −0.103% | $853K | $900K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0722 | 0.000% | $11.4M | $670K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0720 | −0.019% | $600K | $298K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0710 | −0.112% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0718 | −0.037% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0717 | −0.051% | $36K | $2K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0710 | −0.113% | $761K | $899K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0722 | 0.000% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0719 | −0.028% | $751 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0714 | −0.070% | $10K | $244K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0438% | 1h | 1.0731 | +0.085% | $140K | $339K | 20x | as long as short |
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
Kraken Futures PF_AXSUSD