Funding you earn now, next payment 11:00 UTC+0.0019%/8h= +2.0% APRpaid last 24h −0.003%
Price spread now: BloFin against Hyperliquid−0.093%47s7-day average +0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as 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−$860.856% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.314%+$31 · spread now −0.093%, 7d avg +0.125%
=Together, before fees+0.240%+ Points / potential airdropHyperliquid: Season 2 · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.218% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of +0.125%). If the spread goes back, that is −$22 on $10k: about 39 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour. The two prices were read 47 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 IOTA | 0.04710 | 0.0100 | pay 0.0013% / 1h | 8m 22s | $881K | $315K | 3x |
| Short | BloFin IOTA-USDT | 0.04706 | 0.0119 | get 0.0119% / 8h | 5h 08m | $161K | $42K | 75x |
Hyperliquid IOTA
BloFin IOTA-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
- $3.89
- Price spread: −0.093% → +0.125%
- −$21.84
- Slippage, 4 orders
- −$64.62
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$103.56
- Costs to cover
- 0.856%
- Break-even
- 193.2 days
Slippage from Hyperliquid: live order book, 35 min ago; BloFin: live order book, 29 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, 35 min ago | 1.59 bp | 33.9 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 29 min ago | 3.18 bp | 13.5 bp −$14 | 51.6 bp −$516 | doesn't fit | doesn't fit |
IOTA on 12 exchanges
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 IOTAlong | +0.0100% | 1h | 0.04710 | long leg | $881K | $315K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04706 | −0.093% | $3.4M | $5.6M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04701 | −0.200% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04701 | −0.200% | $527K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04705 | −0.115% | $817K | $253K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04707 | −0.072% | $562K | $171K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04713 | +0.055% | $1.8M | $694K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04702 | −0.178% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04701 | −0.204% | $50K | $32K | — | as long as short |
| BloFin IOTA-USDTshort | +0.0119% | 8h | 0.04706 | −0.093% | $161K | $42K | 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 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0796% | 8h | 0.04714 | +0.076% | $2.7M | $155K | 30x | as long as short |
| Kraken Futures PF_IOTAUSD | +0.1319% | 1h | 0.04754 | +0.916% | $14K | $28K | 10x | as long as short |
KuCoin IOTAUSDTM
Kraken Futures PF_IOTAUSD