Funding you earn now, next payment 22:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h +0.005%
Price spread now: Hyperliquid against BloFin+0.040%87s7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as 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−$810.808% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.015%−$2 · spread now +0.040%, 7d avg +0.043%
=Together, before fees−0.019%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: $0 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HYPER-USDT | 0.07416 | 0.0110 | pay 0.0055% / 4h | 2h 45m | $190K | $22K | 50x |
| Short | Hyperliquid HYPER | 0.07419 | 0.0100 | get 0.0013% / 1h | 45m 39s | $72K | $121K | 3x |
Funding 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
- −$2.12
- Price spread: +0.040% → +0.043%
- −$0.2
- Slippage, 4 orders
- −$59.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$83.11
- Costs to cover
- 0.808%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 36 min ago; Hyperliquid: live order book, 37 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, 36 min ago | 2.01 bp | 11.1 bp −$11 | 42.7 bp −$427 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 37 min ago | 0.07 bp | 21.8 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
HYPER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPER_USDT | −0.0278% | 4h | 0.07420 | +0.054% | $90K | $46K | 50x | as long as short |
| KuCoin HYPERUSDTM | −0.0024% | 4h | 0.07411 | −0.067% | $131K | $93K | 30x | as long as short |
| Hyperliquid HYPERshort | +0.0100% | 1h | 0.07419 | +0.040% | $72K | $121K | 3x | |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07423 | +0.090% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07413 | −0.040% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07415 | −0.013% | $1.2M | $705K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07413 | −0.040% | $257K | $129K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07421 | +0.067% | $310K | $262K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07414 | −0.033% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDTlong | +0.0110% | 4h | 0.07416 | long leg | $190K | $22K | 50x |
BloFin HYPER-USDT
Hyperliquid HYPER
Gate HYPER_USDT
KuCoin HYPERUSDTM
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER