data as of
Settings8H · net · $10k
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Funding arb /

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 18:00 UTC−0.0048%/8h
paid, last 24h−0.010%paid, last 7 days+0.267%to open and close $10k−$46
Long on HyperliquidShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid OP0.12500.0100pay 0.0013% / 1h34m 37s$3.9M$3.2M5x
ShortBloFin OP-USDT0.12500.0052get 0.0052% / 8h6h 34m$1.0M$365K75x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$10.14
Slippage, 4 orders
−$24.74
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$55.88
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; BloFin: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.048%
Avg gap 7d
−0.009%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 8 min ago0.40 bp7.2 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago1.21 bp13.8 bp −$1424.3 bp −$24370.6 bp −$7,055doesn't fit

OP on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX OP/USD [OP-USDC]L −0.1711% / S +0.0335%1h$13K—100xas long as short
Coinbase International OP-PERP-INTX−0.0344%1h$21K$74K50xas long as short
Variational Omni OP−0.0126%8h$227K$45K—as long as short
Bybit OPUSDT−0.0067%8h$17.8M$26.2M75xas long as short
Orderly PERP_OP_USDC−0.0067%8h$6K$53K10xas long as short
dYdX OP-USD0.0000%1h$39K$1010xas long as short
Deribit OP_USDC-PERPETUAL0.0000%1h$47K$200K25xas long as short
gTrade (Gains Network) OP/USDL +0.0004% / S −0.0004%1h——150xas long as short
MEXC OP_USDT+0.0012%8h$19.8M$8.3M300xas long as short
OKX OP-USDT-SWAP+0.0013%8h$5.8M$31.8M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended OP-USD+0.0016%1h$100K$207K25xas long as short
Binance OPUSDT+0.0017%8h$20.2M$65.9M75xas long as short
Injective OP/USDC PERP+0.0033%1h$25K$134K12xas long as short
BloFin OP-USDTshort+0.0052%8h$1.0M$365K75x
Aevo OP-PERP+0.0088%1h$4K—3xas long as short
Lighter OP+0.0096%1h$267K$914K15xas long as short
Hyperliquid OPlong+0.0100%1h$3.9M$3.2M5x
Aster OPUSDT+0.0100%8h$207K$242K10xas long as short
Gate OP_USDT+0.0100%8h$1.8M$1.4M50xas long as short
KuCoin OPUSDTM+0.0100%8h$2.9M$7.3M75xas long as short
Bitget OPUSDT+0.0100%8h$5.9M$6.2M75xas long as short
BingX OP-USDT+0.0100%8h—$7.0M—as long as short
Backpack OP_USDC_PERP+0.0100%1h$134K$188K10xas long as short
edgeX OPUSDC+0.0100%4h$9K$381K10xas long as short
ApeX Omni OPUSDT+0.0100%1h$45K$720K50xas long as short
SoDEX OP-USD+0.0100%1h$191$6K5xas long as short
HTX OP-USDT+0.0100%8h$176K$268K50xas long as short
Reya OPRUSDPERP+0.0432%1h$695—20xas long as short
Kraken Futures PF_OPUSD+0.0613%1h$777K$676K20xas long as short