Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.2% APRpaid last 24h +0.008%
Price spread now: Hyperliquid against BloFin+0.078%87s7-day average −0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as 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−$1581.582% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.333%−$33 · spread now +0.078%, 7d avg −0.142%
=Together, before fees−0.259%+ Points / potential airdropHyperliquid: Season 2 · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.219% dearer against BloFin than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.142%): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days. Mind the row above: over the last 7 days funding on this pair paid +0.074%, 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 | BloFin IOTA-USDT | 0.04769 | 0.0130 | pay 0.0130% / 8h | 4h 19m | $169K | $43K | 75x |
| Short | Hyperliquid IOTA | 0.04773 | 0.0100 | get 0.0013% / 1h | 19m 43s | $895K | $362K | 3x |
BloFin IOTA-USDT
Hyperliquid IOTAFunding 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
- −$6.21
- Price spread: +0.078% → −0.142%
- $21.91
- Slippage, 4 orders
- −$137.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$142.48
- Costs to cover
- 1.582%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; Hyperliquid: live order book, 10 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, 10 min ago | 1.04 bp | 17.2 bp −$17 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 6.89 bp | 73.0 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
IOTA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04773 | +0.078% | $895K | $362K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04773 | +0.076% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04768 | −0.021% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04767 | −0.042% | $554K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04769 | 0.000% | $826K | $261K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04772 | +0.063% | $584K | $172K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04774 | +0.105% | $1.7M | $720K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04771 | +0.042% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04767 | −0.050% | $37K | $36K | — | as long as short |
| BloFin IOTA-USDTlong | +0.0130% | 8h | 0.04769 | long leg | $169K | $43K | 75x |
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0170% | 1h | 0.04775 | +0.128% | $18K | $12K | 10x | as long as short |
| KuCoin IOTAUSDTM | +0.0949% | 8h | 0.04780 | +0.231% | $2.7M | $240K | 30x | as long as short |
Kraken Futures PF_IOTAUSD
KuCoin IOTAUSDTM