Funding you earn now, next payment 08:00 UTC+0.0341%/8h= +37.3% APRpaid last 24h +0.195%
Price spread now: Hyperliquid against BloFin+0.091%67s7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as 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−$840.840% of the position
Funding, last 7 days+0.452%+$45 on $10k
+Price spread, last 4 days (all we have)−1.236%−$124 · spread now +0.091%, 7d avg +0.074%
=Together, before fees−0.784%+ Points / potential airdropHyperliquid: Season 2 · farm board−$78 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.074%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. The two prices were read 67 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 MEGA-USDT | 0.04593 | 0.0093 | pay 0.0047% / 4h | 0m 11s | $203K | $96K | 50x |
| Short | Hyperliquid MEGA | 0.04597 | 0.0434 | get 0.0054% / 1h | 0m 11s | $7.9M | $2.6M | 3x |
BloFin MEGA-USDT
Hyperliquid MEGAFunding 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
- $71.53
- Price spread: +0.091% → +0.074%
- $1.71
- Slippage, 4 orders
- −$62.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$10.74
- Costs to cover
- 0.840%
- Break-even
- 8.1 days
Slippage from BloFin: live order book, 5 min ago; Hyperliquid: 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 BloFin live order book, 5 min ago | 3.27 bp | 23.9 bp −$24 | 71.8 bp −$718 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 2.82 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
MEGA on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04588 | −0.109% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0043% | 1h | 0.04587 | −0.120% | $197K | $140K | 2x | as long as short |
| BloFin MEGA-USDTlong | +0.0093% | 4h | 0.04593 | long leg | $203K | $96K | 50x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04590 | −0.075% | $21K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04596 | +0.063% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04587 | −0.140% | $4.1M | $13.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04587 | −0.131% | $3.5M | $5.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04584 | −0.196% | $921K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04560 | −0.718% | $135K | −$0 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04587 | −0.131% | $206K | $329K | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04587 | −0.131% | $761K | $411K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04586 | −0.152% | $244K | $124K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04588 | −0.109% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04585 | −0.174% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04592 | −0.024% | $324K | $223K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04602 | +0.196% | $22K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04604 | +0.239% | $24K | $226K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04586 | −0.152% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04589 | −0.087% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04586 | −0.143% | $129K | $799K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04587 | −0.133% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04608 | +0.327% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04587 | −0.126% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0240% | 1h | 0.04609 | +0.348% | $615K | $385K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0404% | 1h | 0.04591 | −0.035% | $111 | $15 | 25x | as long as short |
| Hyperliquid MEGAshort | +0.0434% | 1h | 0.04597 | +0.091% | $7.9M | $2.6M | 3x | |
| Backpack MEGA_USDC_PERP | +0.0465% | 1h | 0.04590 | −0.065% | $17K | $55K | 5x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.1376% | 1h | 0.04589 | −0.076% | $5K | $12K | 50x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL
Backpack MEGA_USDC_PERP
Coinbase International MEGA-PERP-INTX