Funding you earn now, next payment 23:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.026%
Price spread now: BloFin against Hyperliquid−0.164%87s7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as 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−$660.663% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 3 days (all we have)+0.056%+$6 · spread now −0.164%, 7d avg −0.164%
=Together, before fees+0.196%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.164%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 87 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 0.140% in total (about 7.3% 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 | Hyperliquid CC | 0.1161 | 0.0100 | pay 0.0013% / 1h | 33m 48s | $5.4M | $1.4M | 3x |
| Short | BloFin CC-USDT | 0.1159 | 0.0340 | get 0.0170% / 4h | 1h 33m | $581K | $105K | 75x |
Funding 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
- $50.4
- Price spread: −0.164% → −0.164%
- $0.01
- Slippage, 4 orders
- −$45.34
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$15.93
- Costs to cover
- 0.663%
- Break-even
- 9.2 days
Slippage from Hyperliquid: live order book, 8 min ago; BloFin: live order book, 47 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, 8 min ago | 1.29 bp | 14.7 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 47 min ago | 0.43 bp | 17.7 bp −$18 | 48.6 bp −$486 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3951% | 1h | 0.1144 | −1.447% | $6K | $97 | 5.5x | as long as short |
| Gate CC_USDT | +0.0048% | 4h | 0.1158 | −0.258% | $359K | $212K | 50x | as long as short |
| Paradex CC-USD-PERP | +0.0090% | 8h | 0.1158 | −0.259% | $1K | — | 5x | as long as short |
| Hyperliquid CClong | +0.0100% | 1h | 0.1161 | long leg | $5.4M | $1.4M | 3x | |
| Aster CCUSDT | +0.0100% | 4h | 0.1158 | −0.216% | $34K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1158 | −0.198% | $10.9M | $11.1M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1158 | −0.233% | $10.5M | $3.8M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1160 | −0.095% | $2.5M | $3.4M | 20x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1158 | −0.241% | $1.6M | $309K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1159 | −0.146% | $491K | $115K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1159 | −0.129% | $929K | $787K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1158 | −0.276% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1158 | −0.267% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1160 | −0.063% | $577K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1158 | −0.233% | $87K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1157 | −0.349% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDTshort | +0.0340% | 4h | 0.1159 | −0.164% | $581K | $105K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0441% / S −0.0239% | 1h | 0.1158 | −0.240% | $43K | — | 50x | as long as short |
| Lighter CC | +0.1216% | 1h | 0.1163 | +0.198% | $233K | $152K | 5x | as long as short |
Hyperliquid CC
BloFin CC-USDT
Injective CC/USDC PERP
Gate CC_USDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
MEXC CC_USDT
KuCoin CCUSDTM
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