Funding you earn now, next payment 06:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.019%
Price spread now: Hyperliquid against BloFin+0.297%47s7-day average +0.178% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as 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−$620.617% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.297%, 7d avg +0.178%
=Together, before fees−0.337%+ Points / potential airdropHyperliquid: Season 2 · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.118% dearer against BloFin than usual: you sell high and buy low (spread +0.297% now, against its 7-day average of +0.178%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 39 hours. At the pace of the last 7 days (−0.150% in total) that is about 5.5 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.150% in total (about -7.8% 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 | BloFin CC-USDT | 0.1180 | 0.0340 | pay 0.0170% / 4h | 2h 16m | $593K | $99K | 75x |
| Short | Hyperliquid CC | 0.1183 | 0.0100 | get 0.0013% / 1h | 16m 24s | $5.5M | $1.3M | 3x |
BloFin CC-USDT
Hyperliquid CCFunding 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
- −$50.4
- Price spread: +0.297% → +0.178%
- $11.84
- Slippage, 4 orders
- −$40.71
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$100.27
- Costs to cover
- 0.617%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; Hyperliquid: live order book, 6 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, 10 min ago | 5.12 bp | 18.9 bp −$19 | 49.6 bp −$496 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.27 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CCUSDT | −0.0386% | 4h | 0.1181 | +0.127% | $10.8M | $3.8M | 25x | as long as short |
| MEXC CC_USDT | −0.0384% | 4h | 0.1181 | +0.085% | $1.8M | $343K | 100x | as long as short |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | +0.025% | $402 | $3K | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0086% | 8h | 0.1181 | +0.128% | $1K | — | 5x | as long as short |
| Hyperliquid CCshort | +0.0100% | 1h | 0.1183 | +0.297% | $5.5M | $1.3M | 3x | |
| Aster CCUSDT | +0.0100% | 4h | 0.1182 | +0.170% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1181 | +0.102% | $11.1M | $11.9M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1182 | +0.161% | $2.6M | $3.1M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1180 | +0.034% | $363K | $209K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1182 | +0.229% | $487K | $104K | 50x | as long as short |
Bybit CCUSDT
MEXC CC_USDT
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1181 | +0.093% | $919K | $773K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1181 | +0.110% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1180 | +0.042% | $15K | $23K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1177 | −0.268% | $600K | $56K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1184 | +0.373% | $82K | $2.7M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1180 | +0.046% | $6K | $33K | 6.7x | as long as short |
| BloFin CC-USDTlong | +0.0340% | 4h | 0.1180 | long leg | $593K | $99K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0451% / S −0.0241% | 1h | 0.1182 | +0.191% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0648% | 1h | 0.1187 | +0.619% | $254K | $170K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
GMX CC/USD [WBTC.b-USDC]
Lighter CC