Funding you earn now, next payment 01:00 UTC+0.0029%/8h= +3.2% APRpaid last 24h −0.003%
Price spread now: BloFin against Hyperliquid−0.406%67s7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as 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−$1671.665% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 3 days (all we have)+0.276%+$28 · spread now −0.406%, 7d avg −0.039%
=Together, before fees+0.262%+ Points / potential airdropHyperliquid: Season 2 · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.367% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.406% now, against its 7-day average of −0.039%). If the spread goes back, that is −$37 on $10k: about 42 days of funding at the current rate (+$1 a day). The two prices were read 67 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 | Hyperliquid COMP | 22.933 | 0.0100 | pay 0.0013% / 1h | 14m 01s | $876K | $417K | 5x |
| Short | BloFin COMP-USDT | 22.840 | 0.0129 | get 0.0129% / 8h | 7h 14m | $238K | $160K | 20x |
Hyperliquid COMP
BloFin COMP-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
- $6.12
- Price spread: −0.406% → −0.039%
- −$36.65
- Slippage, 4 orders
- −$145.54
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$197.08
- Costs to cover
- 1.665%
- Break-even
- 232.6 days
Slippage from Hyperliquid: live order book, 46 min ago; BloFin: live order book, 52 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, 46 min ago | 1.10 bp | 55.1 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 4.43 bp | 20.0 bp −$20 | 38.8 bp −$388 | 280.8 bp −$28.1K | doesn't fit |
COMP on 16 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_COMPUSD | −0.0672% | 1h | 22.930 | −0.011% | $230K | $91K | 20x | as long as short |
| Deribit COMP_USDC-PERPETUAL | −0.0187% | 1h | 22.890 | −0.188% | $334 | $327 | 50x | as long as short |
| dYdX COMP-USD | 0.0000% | 1h | 22.906 | −0.116% | $69K | — | 5x | as long as short |
| Injective COMP/USDC PERP | +0.0033% | 1h | 22.340 | −2.586% | $2K | $13K | 12x | as long as short |
| Hyperliquid COMPlong | +0.0100% | 1h | 22.933 | long leg | $876K | $417K | 5x | |
| Binance COMPUSDT | +0.0100% | 8h | 22.915 | −0.077% | $4.3M | $6.9M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.936 | +0.013% | $3.9M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.900 | −0.144% | $1.6M | $2.1M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.880 | −0.231% | $223K | $64K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.890 | −0.188% | $2.7M | $818K | 20x | as long as short |
Kraken Futures PF_COMPUSD
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
Injective COMP/USDC PERP
Binance COMPUSDT
Bybit COMPUSDT
OKX COMP-USDT-SWAP
Gate COMP_USDT
MEXC COMP_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.910 | −0.100% | $462K | $91K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.910 | −0.100% | $1.9M | $613K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.900 | −0.144% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.811 | −0.530% | $15K | $31K | — | as long as short |
| BloFin COMP-USDTshort | +0.0129% | 8h | 22.840 | −0.406% | $238K | $160K | 20x | |
| Coinbase International COMP-PERP-INTX | +0.0200% | 1h | 22.900 | −0.144% | $18K | $51K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Coinbase International COMP-PERP-INTX