Funding you earn now, next payment 01:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h +0.004%
Price spread now: BloFin against Hyperliquid+0.299%107s7-day average +0.016% · 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—prices read too far apart to compare
costs, in and out, $10k−$640.643% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 3 days (all we have)−0.269%−$27 · spread now +0.299%, 7d avg +0.016%
=Together, before fees−0.301%+ Points / potential airdropHyperliquid: Season 2 · farm board−$30 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.283% dearer against Hyperliquid than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.016%. The two prices were read 107 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 PEOPLE | 0.009363 | 0.0100 | pay 0.0013% / 1h | 5m 19s | $433K | $211K | 3x |
| Short | BloFin PEOPLE-USDT | 0.009391 | 0.0094 | get 0.0094% / 8h | 7h 05m | $354K | $89K | 50x |
Hyperliquid PEOPLE
BloFin PEOPLE-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
- −$1.27
- Price spread: +0.299% → +0.016%
- $28.31
- Slippage, 4 orders
- −$43.29
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$37.25
- Costs to cover
- 0.643%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 45 min ago; BloFin: live order book, 65 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, 45 min ago | 1.09 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 65 min ago | 2.73 bp | 21.6 bp −$22 | 37.2 bp −$372 | 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 | −0.1334% | 1h | 0.009364 | +0.007% | $36K | $45K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0124% | 8h | 0.009370 | +0.075% | $728K | $1.5M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0024% | 8h | 0.009348 | −0.163% | $6K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0020% | 8h | 0.009362 | −0.011% | $711K | $132K | 50x | as long as short |
| BloFin PEOPLE-USDTshort | +0.0094% | 8h | 0.009391 | +0.299% | $354K | $89K | 50x | |
| Hyperliquid PEOPLElong | +0.0100% | 1h | 0.009363 | long leg | $433K | $211K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009366 | +0.037% | $9K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009369 | +0.063% | $5.7M | $15.5M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009362 | −0.011% | $1.7M | $2.2M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009361 | −0.021% | $3.4M | $8.7M | 20x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009363 | 0.000% | $722K | $312K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009371 | +0.085% | $1.8M | $1.2M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009362 | −0.011% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009357 | −0.064% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009366 | +0.037% | $188 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD