Funding you earn now, next payment 05:00 UTC−0.0041%/8h= −4.5% APRpaid last 24h +0.069%
Price spread now: BloFin against Hyperliquid+0.269%87s7-day average −0.272% · 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−$910.909% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)−0.562%−$56 · spread now +0.269%, 7d avg −0.272%
=Together, before fees−0.421%+ Points / potential airdropHyperliquid: Season 2 · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.541% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.269% now, against its 7-day average of −0.272%): +$54 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 44 days. Mind the row above: over the last 7 days funding on this pair paid +0.140%, so the current rate has only just turned against you. 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 | Hyperliquid IMX | 0.1487 | 0.0381 | pay 0.0048% / 1h | 1m 46s | $3.4M | $295K | 5x |
| Short | BloFin IMX-USDT | 0.1491 | 0.0340 | get 0.0170% / 4h | 3h 01m | $185K | $128K | 75x |
Hyperliquid IMX
BloFin IMX-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
- −$8.58
- Price spread: +0.269% → −0.272%
- $54.07
- Slippage, 4 orders
- −$69.87
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$45.37
- Costs to cover
- 0.909%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; BloFin: live order book, 18 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, 10 min ago | 2.34 bp | 23.8 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 6.68 bp | 22.8 bp −$23 | 53.3 bp −$533 | 278.1 bp −$27.8K | doesn't fit |
IMX on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IMX | −0.0255% | 4h | 0.1490 | +0.184% | $93K | $131K | — | as long as short |
| gTrade (Gains Network) IMX/USD | L +0.0001% / S +0.0004% | 1h | 0.1486 | −0.091% | $2K | — | 150x | as long as short |
| Injective IMX/USDC PERP | +0.0033% | 1h | 0.1515 | +1.883% | $559 | $28K | 5.5x | as long as short |
| Binance IMXUSDT | +0.0100% | 4h | 0.1484 | −0.202% | $3.6M | $5.7M | 75x | as long as short |
| Bybit IMXUSDT | +0.0100% | 4h | 0.1481 | −0.403% | $3.7M | $2.1M | 75x | as long as short |
| OKX IMX-USDT-SWAP | +0.0100% | 4h | 0.1483 | −0.269% | $932K | $1.5M | 20x | as long as short |
| Gate IMX_USDT | +0.0100% | 4h | 0.1483 | −0.269% | $634K | $81K | 50x | as long as short |
| MEXC IMX_USDT | +0.0100% | 4h | 0.1486 | −0.067% | $2.6M | $583K | 125x | as long as short |
| KuCoin IMXUSDTM | +0.0100% | 4h | 0.1482 | −0.336% | $373K | $163K | 50x | as long as short |
| Bitget IMXUSDT | +0.0100% | 4h | 0.1484 | −0.202% | $1.3M | $402K | 75x | as long as short |
Variational Omni IMX
gTrade (Gains Network) IMX/USD
Injective IMX/USDC PERP
Binance IMXUSDT
Bybit IMXUSDT
OKX IMX-USDT-SWAP
Gate IMX_USDT
MEXC IMX_USDT
KuCoin IMXUSDTM
Bitget IMXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX IMX-USDT | +0.0100% | 4h | 0.1484 | −0.202% | — | $2.9M | — | as long as short |
| BloFin IMX-USDTshort | +0.0340% | 4h | 0.1491 | +0.269% | $185K | $128K | 75x | |
| dYdX IMX-USD | +0.0351% | 1h | 0.1484 | −0.219% | $26K | $4K | 5x | as long as short |
| Hyperliquid IMXlong | +0.0381% | 1h | 0.1487 | long leg | $3.4M | $295K | 5x | |
| Kraken Futures PF_IMXUSD | +0.1660% | 1h | 0.1491 | +0.257% | $113K | $10K | 20x | as long as short |
BingX IMX-USDT
dYdX IMX-USD
Kraken Futures PF_IMXUSD