Funding you earn now, next payment 06:00 UTC+0.0143%/8h= +15.6% APRpaid last 24h −0.144%
Price spread now: BloFin against Hyperliquid−0.281%67s7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as 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−$970.968% of the position
Funding, last 7 days+0.246%+$25 on $10k
+Price spread, last 4 days (all we have)+0.572%+$57 · spread now −0.281%, 7d avg +0.045%
=Together, before fees+0.818%+ Points / potential airdropHyperliquid: Season 2 · farm board+$82 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.326% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.281% now, against its 7-day average of +0.045%). If the spread goes back, that is −$33 on $10k: about 7.6 days of funding at the current rate (+$4 a day). 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 | Hyperliquid MINA | 0.1315 | −0.0180 | get 0.0022% / 1h | 14m 14s | $3.3M | $1.6M | 3x |
| Short | BloFin MINA-USDT | 0.1311 | −0.0037 | pay 0.0037% / 8h | 2h 14m | $249K | $190K | 50x |
Hyperliquid MINA
BloFin MINA-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
- $29.95
- Price spread: −0.281% → +0.045%
- −$32.65
- Slippage, 4 orders
- −$75.84
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$99.53
- Costs to cover
- 0.968%
- Break-even
- 30.3 days
Slippage from Hyperliquid: live order book, 7 min ago; BloFin: live order book, 67 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, 7 min ago | 0.38 bp | 30.4 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 67 min ago | 1.55 bp | 23.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
MINA 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MINAUSD | −0.2849% | 1h | 0.1316 | +0.065% | $21K | $64K | 10x | as long as short |
| Bybit MINAUSDT | −0.0605% | 4h | 0.1317 | +0.183% | $4.5M | $5.1M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0504% | 4h | 0.1316 | +0.114% | $1.8M | $13.0M | 20x | as long as short |
| Hyperliquid MINAlong | −0.0180% | 1h | 0.1315 | long leg | $3.3M | $1.6M | 3x | |
| Gate MINA_USDT | −0.0137% | 8h | 0.1316 | +0.076% | $429K | $721K | 50x | as long as short |
| Bitget MINAUSDT | −0.0088% | 8h | 0.1316 | +0.068% | $1.9M | $3.3M | 50x | as long as short |
| Binance MINAUSDT | −0.0061% | 8h | 0.1315 | +0.008% | $4.4M | $25.4M | 50x | as long as short |
| MEXC MINA_USDT | −0.0059% | 8h | 0.1316 | +0.053% | $1.1M | $1.2M | 50x | as long as short |
| BingX MINA-USDT | −0.0039% | 8h | 0.1316 | +0.084% | — | $2.6M | — | as long as short |
| BloFin MINA-USDTshort | −0.0037% | 8h | 0.1311 | −0.281% | $249K | $190K | 50x |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
Bitget MINAUSDT
Binance MINAUSDT
MEXC MINA_USDT
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINAUSDTM | +0.0059% | 8h | 0.1313 | −0.137% | $770K | $481K | 30x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1303 | −0.917% | $421K | $67K | — | as long as short |
KuCoin MINAUSDTM
Variational Omni MINA