Funding you earn now, next payment 05:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.038%
Price spread now: BloFin against Hyperliquid−0.330%7-day average −0.169% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.330%, 7d avg −0.169%
=Together, before fees+0.224%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.162% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.330% now, against its 7-day average of −0.169%). If the spread goes back, that is −$16 on $10k: about 2.2 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.124% in total) that is about 9.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LIT | 4.7417 | 0.0100 | pay 0.0013% / 1h | 0m 39s | $211.8M | $40.6M | 5x |
| Short | BloFin LIT-USDT | 4.7260 | 0.0340 | get 0.0170% / 4h | 3h 00m | $1.6M | $1.9M | 75x |
Hyperliquid LIT
BloFin LIT-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
- $50.4
- Price spread: −0.330% → −0.169%
- −$16.17
- Slippage, 4 orders
- −$14.15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$0.92
- Costs to cover
- 0.352%
- Break-even
- 7.1 days
Slippage from Hyperliquid: live order book, 3 min ago; BloFin: live order book, 2 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, 3 min ago | 0.11 bp | 4.9 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.11 bp | 11.0 bp −$11 | 20.2 bp −$202 | doesn't fit | doesn't fit |
LIT on 42 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0674% | 1h | 4.7276 | −0.297% | $41K | $40K | 10x | as long as short |
| Phemex LITUSDT | −0.0397% | 4h | 4.7260 | −0.330% | $1.4M | $2.8M | 20x | as long as short |
| Orderly PERP_LIT_USDC | −0.0391% | 4h | 4.7212 | −0.432% | $32K | $1K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0384% | 1h | 4.7226 | −0.402% | $31K | $5K | 5x | as long as short |
| Bullet LIT-USD | −0.0343% | 1h | 4.7274 | −0.301% | $84K | $67K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.6877 | −1.139% | $607K | $357K | 50x | as long as short |
| Bybit LITUSDT | −0.0203% | 4h | 4.7344 | −0.153% | $41.3M | $28.6M | 75x | as long as short |
| ApeX Omni LITUSDT | −0.0143% | 1h | 4.7170 | −0.520% | $56K | $74K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0106% | 4h | 4.7336 | −0.170% | $25.5M | $60.4M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0024% | 4h | 4.7338 | −0.166% | $5.3M | $1.0M | 30x | as long as short |
Deribit LIT_USDC-PERPETUAL
Phemex LITUSDT
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
Coinbase International LIT-PERP-INTX
Bybit LITUSDT
ApeX Omni LITUSDT
OKX LIT-USDT-SWAP
KuCoin LITUSDTMShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0017% | 1h | 4.7286 | −0.276% | $203K | $299K | 5x | as long as short |
| RISEx LIT/USDC | −0.0008% | 1h | 4.7367 | −0.105% | $793K | $2.2M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7391 | −0.053% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7317 | −0.210% | $31K | $704K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7324 | −0.195% | $11K | — | 150x | as long as short |
| GRVT LIT_USDT_Perp | +0.0010% | 4h | 4.7206 | −0.445% | $909K | $1.8M | 10x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.315% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0091% | 8h | 4.7315 | −0.214% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7411 | −0.012% | $59.1M | $28.4M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7275 | −0.299% | $2.2M | $1.6M | 10x | as long as short |
| Hyperliquid LITlong | +0.0100% | 1h | 4.7417 | long leg | $211.8M | $40.6M | 5x | |
| Pacifica LIT | +0.0100% | 1h | 4.7376 | −0.086% | $577K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7326 | −0.191% | $75.9M | $77.5M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7347 | −0.147% | $115K | $451K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7207 | −0.442% | $118K | $8K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7350 | −0.141% | $2.8M | $4.3M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7324 | −0.195% | $5.8M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7380 | −0.077% | $6.8M | $2.6M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7333 | −0.176% | $663K | $1.2M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7216 | −0.423% | $289K | $305K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7293 | −0.261% | $445K | $87K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7318 | −0.208% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7260 | −0.330% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7285 | −0.278% | $1K | $349K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7254 | −0.343% | $200K | $348K | 30x | as long as short |
| Lighter RH LIT | +0.0104% | 1h | 4.7421 | +0.009% | $3.8M | $13.2M | 5x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7331 | −0.181% | $5.2M | $4.9M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7245 | −0.362% | $148K | — | 3x | as long as short |
| Aster LITUSDT | +0.0234% | 4h | 4.7417 | +0.001% | $12.7M | $1.9M | 50x | as long as short |
| BloFin LIT-USDTshort | +0.0340% | 4h | 4.7260 | −0.330% | $1.6M | $1.9M | 75x | |
| GMX LIT/USD [ETH-USDC] | L +0.0438% / S −0.0231% | 1h | 4.7324 | −0.196% | $65K | — | 50x | as long as short |
| Aftermath Perps LITUSD | +0.0491% | 1h | 4.7280 | −0.288% | $9K | $204K | 10x | as long as short |
Phoenix LIT
RISEx LIT/USDC
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
GRVT LIT_USDT_Perp
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Lighter LIT
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Lighter RH LIT
Extended LIT-USD
Aevo LIT-PERP
Aster LITUSDT
GMX LIT/USD [ETH-USDC]
Aftermath Perps LITUSD