Funding you earn now, next payment 07:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h −0.003%
Price spread now: Hyperliquid against BloFin+0.137%47s7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as 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−$830.828% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.137%, 7d avg +0.090%
=Together, before fees+0.034%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Hyperliquid is 0.047% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.090%. The two prices were read 47 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 APE-USDT | 0.1465 | 0.0087 | pay 0.0087% / 8h | 1h 34m | $215K | $59K | 75x |
| Short | Hyperliquid APE | 0.1467 | 0.0100 | get 0.0013% / 1h | 34m 21s | $1.3M | $387K | 5x |
BloFin APE-USDT
Hyperliquid APEFunding 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
- $2.77
- Price spread: +0.137% → +0.090%
- $4.7
- Slippage, 4 orders
- −$61.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$75.31
- Costs to cover
- 0.828%
- Break-even
- 197.6 days
Slippage from BloFin: live order book, 32 min ago; Hyperliquid: live order book, 6 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, 32 min ago | 3.40 bp | 29.2 bp −$29 | 58.8 bp −$588 | 362.7 bp −$36.3K | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.02 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
APE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1465 | −0.025% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.700% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1465 | 0.000% | $9K | $21K | 25x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.939% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDTlong | +0.0087% | 8h | 0.1465 | long leg | $215K | $59K | 75x | |
| Hyperliquid APEshort | +0.0100% | 1h | 0.1467 | +0.137% | $1.3M | $387K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1464 | −0.044% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1465 | −0.009% | $4.1M | $7.1M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1464 | −0.034% | $3.6M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1464 | −0.096% | $1.3M | $1.5M | 20x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
Injective APE/USDC PERP
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1465 | +0.007% | $634K | $314K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1464 | −0.068% | $4.2M | $871K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1464 | −0.068% | $1.8M | $3.7M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1465 | 0.000% | $2.1M | $604K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1465 | 0.000% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1465 | +0.034% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1465 | −0.024% | $8K | $208K | 10x | as long as short |
| Kraken Futures PF_APEUSD | +0.0185% | 1h | 0.1466 | +0.092% | $399K | $665K | 20x | as long as short |
| dYdX APE-USD | +0.0226% | 1h | 0.1465 | −0.004% | $9K | — | 5x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1024% | 1h | 0.1477 | +0.819% | $100K | $8K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Kraken Futures PF_APEUSD
dYdX APE-USD
Coinbase International APE-PERP-INTX