Funding you earn now, next payment 07:00 UTC−0.0041%/8h= −4.5% APRpaid last 24h +0.004%
Price spread now: BloFin against Hyperliquid−0.053%7-day average +0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.053%, 7d avg +0.037%
=Together, before fees+0.082%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.090% cheaper against Hyperliquid than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ME | 0.07530 | 0.0100 | pay 0.0013% / 1h | 30m 33s | $236K | $115K | 3x |
| Short | BloFin ME-USDT | 0.07526 | 0.0059 | get 0.0029% / 4h | 1h 30m | $107K | $9K | 50x |
Hyperliquid ME
BloFin ME-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
- −$8.69
- Price spread: −0.053% → +0.037%
- −$9.01
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$38.7
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 29 min ago; BloFin: live order book, 41 min ago. Net counts fees only.
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, 29 min ago | 1.99 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 41 min ago | 2.00 bp | 21.0 bp −$21 | 69.6 bp −$696 | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDTshort | +0.0059% | 4h | 0.07526 | −0.053% | $107K | $9K | 50x | |
| Hyperliquid MElong | +0.0100% | 1h | 0.07530 | long leg | $236K | $115K | 3x | |
| Aster MEUSDT | +0.0100% | 4h | 0.07522 | −0.105% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07527 | −0.040% | $2.1M | $4.2M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07525 | −0.066% | $1.5M | $828K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07524 | −0.080% | $476K | $1.2M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07530 | 0.000% | $193K | $76K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07529 | −0.013% | $499K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07529 | −0.013% | $215K | $33K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07537 | +0.093% | $643K | $427K | 25x | as long as short |
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07528 | −0.027% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07526 | −0.051% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07525 | −0.069% | $26K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP