Funding you earn now, next payment 00:00 UTC+0.1477%/8h= +161.7% APRpaid last 24h +0.284%
Price spread now: Hyperliquid against BloFin+0.320%87s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.694%+$69 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and Hyperliquid is 0.320% dearer against BloFin than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.694% in total (about 36.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin APEX-USDT | 0.2564 | 0.0048 | pay 0.0024% / 4h | 47m 46s | $93K | $2K | 25x |
| Short | Hyperliquid APEX | 0.2572 | 0.1525 | get 0.0191% / 1h | 47m 46s | $2.9M | $119K | 3x |
Funding 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
- $310.08
- Price spread: +0.320% → 0.000%
- $31.98
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $321.06
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 3 min ago | 4.87 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
APEX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APEX-USDTlong | +0.0048% | 4h | 0.2564 | long leg | $93K | $2K | 25x | |
| Bybit APEXUSDT | +0.0100% | 4h | 0.2565 | +0.039% | $3.6M | $1.3M | 25x | as long as short |
| MEXC APEX_USDT | +0.0100% | 4h | 0.2564 | 0.000% | $596K | $244K | 50x | as long as short |
| BingX APEX-USDT | +0.0100% | 4h | 0.2565 | +0.039% | — | $1.3M | — | as long as short |
| Variational Omni APEX | +0.0100% | 4h | 0.2560 | −0.149% | $19K | $6K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2557 | −0.273% | $136K | $469K | 50x | as long as short |
| Lighter APEX | +0.1392% | 1h | 0.2577 | +0.495% | $54K | $21K | 5x | as long as short |
| Hyperliquid APEXshort | +0.1525% | 1h | 0.2572 | +0.320% | $2.9M | $119K | 3x |
BloFin APEX-USDT
Hyperliquid APEX
Bybit APEXUSDT
MEXC APEX_USDT
BingX APEX-USDT
Variational Omni APEX
ApeX Omni APEXUSDT
Lighter APEX