Funding you earn now, next payment 09:00 UTC+0.0019%/8h= +2.0% APRpaid last 24h −0.004%
Price spread now: Hyperliquid against BloFin+0.054%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$700.695% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.337%−$34 · spread now +0.054%, 7d avg −0.003%
=Together, before fees−0.309%+ Points / potential airdropHyperliquid: Season 2 · farm board−$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.057% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PEOPLE-USDT | 0.009265 | 0.0081 | pay 0.0081% / 8h | 7h 40m | $351K | $111K | 50x |
| Short | Hyperliquid PEOPLE | 0.009270 | 0.0100 | get 0.0013% / 1h | 40m 59s | $433K | $346K | 3x |
BloFin PEOPLE-USDT
Hyperliquid PEOPLEFunding 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
- $3.89
- Price spread: +0.054% → −0.003%
- $5.73
- Slippage, 4 orders
- −$48.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$59.89
- Costs to cover
- 0.695%
- Break-even
- 114.8 days
Slippage from BloFin: live order book, 16 min ago; Hyperliquid: live order book, 69 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, 16 min ago | 1.61 bp | 13.8 bp −$14 | 34.3 bp −$343 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 69 min ago | 1.60 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
PEOPLE on 15 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_PEOPLEUSD | −0.1139% | 1h | 0.009266 | +0.011% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0023% | 8h | 0.009288 | +0.248% | $6K | $5K | — | as long as short |
| Bybit PEOPLEUSDT | +0.0017% | 8h | 0.009271 | +0.065% | $1.7M | $2.8M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0052% | 8h | 0.009271 | +0.065% | $3.4M | $9.5M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0056% | 8h | 0.009280 | +0.162% | $694K | $324K | 200x | as long as short |
| BloFin PEOPLE-USDTlong | +0.0081% | 8h | 0.009265 | long leg | $351K | $111K | 50x | |
| Hyperliquid PEOPLEshort | +0.0100% | 1h | 0.009270 | +0.054% | $433K | $346K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009290 | +0.266% | $11K | $95K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009287 | +0.237% | $5.7M | $18.5M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009290 | +0.270% | $782K | $1.6M | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Gate PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009291 | +0.281% | $670K | $165K | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009277 | +0.130% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009280 | +0.162% | — | $10.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009283 | +0.194% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009272 | +0.079% | $186 | — | 5x | as long as short |
KuCoin PEOPLEUSDTM
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD