Funding you earn now, next payment 22:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h −0.005%
Price spread now: BloFin against Hyperliquid−0.038%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
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)+0.012%+$1 · spread now −0.038%, 7d avg −0.043%
=Together, before fees+0.016%+ 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HYPER | 0.07419 | 0.0100 | pay 0.0013% / 1h | 47m 09s | $72K | $121K | 3x |
| Short | BloFin HYPER-USDT | 0.07416 | 0.0110 | get 0.0055% / 4h | 2h 47m | $190K | $22K | 50x |
Hyperliquid HYPER
BloFin HYPER-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
- $2.12
- Price spread: −0.038% → −0.043%
- $0.48
- Slippage, 4 orders
- −$59.79
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78.2
- Costs to cover
- 0.808%
- Break-even
- 265.6 days
Slippage from Hyperliquid: live order book, 36 min ago; BloFin: live order book, 35 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, 36 min ago | 0.07 bp | 18.6 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 35 min ago | 2.01 bp | 29.3 bp −$29 | 70.2 bp −$702 | 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 | −0.0260% | 4h | 0.07420 | +0.016% | $90K | $46K | 50x | as long as short |
| KuCoin HYPERUSDTM | −0.0012% | 4h | 0.07418 | −0.011% | $131K | $93K | 30x | as long as short |
| Hyperliquid HYPERlong | +0.0100% | 1h | 0.07419 | long leg | $72K | $121K | 3x | |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07423 | +0.055% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07416 | −0.044% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07416 | −0.038% | $1.2M | $705K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07415 | −0.051% | $258K | $129K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07421 | +0.030% | $310K | $262K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07414 | −0.071% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDTshort | +0.0110% | 4h | 0.07416 | −0.038% | $190K | $22K | 50x |
Gate HYPER_USDT
KuCoin HYPERUSDTM
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER