Funding you earn now, next payment 01:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.019%
Price spread now: BloFin against Hyperliquid+0.102%67s7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as 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−$1431.430% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 3 days (all we have)−0.349%−$35 · spread now +0.102%, 7d avg −0.070%
=Together, before fees−0.185%+ Points / potential airdropHyperliquid: Season 2 · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.172% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of −0.070%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days. Mind the row above: over the last 7 days funding on this pair paid +0.164%, so the current rate has only just turned against you. The two prices were read 67 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 BRETT | 0.005887 | 0.0100 | pay 0.0013% / 1h | 56m 02s | $311K | $250K | 3x |
| Short | BloFin BRETT-USDT | 0.005893 | 0.0067 | get 0.0033% / 4h | 3h 56m | $57K | $182K | 50x |
Hyperliquid BRETT
BloFin BRETT-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
- −$6.99
- Price spread: +0.102% → −0.070%
- $17.23
- Slippage, 4 orders
- −$121.95
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$132.72
- Costs to cover
- 1.430%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 64 min ago; BloFin: live order book, 8 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, 64 min ago | 2.57 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 1.70 bp | 30.9 bp −$31 | 118.8 bp −$1,188 | doesn't fit | doesn't fit |
BRETT on 14 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 BRETT/USD [ETH-USDC] | L 0.0000% / S 0.0000% | 1h | 0.005866 | −0.357% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | −0.815% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDTshort | +0.0067% | 4h | 0.005893 | +0.102% | $57K | $182K | 50x | |
| Hyperliquid BRETTlong | +0.0100% | 1h | 0.005887 | long leg | $311K | $250K | 3x | |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005881 | −0.108% | $1.2M | $2.5M | 50x | as long as short |
| Bybit BRETTUSDT | +0.0100% | 4h | 0.005875 | −0.204% | $2.1M | $1.8M | 25x | as long as short |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005883 | −0.068% | $132K | $261K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005873 | −0.238% | $437K | $108K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005880 | −0.119% | $12.6M | $209K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005867 | −0.340% | $315K | $79K | 30x | as long as short |
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
Binance BRETTUSDT
Bybit BRETTUSDT
OKX BRETT-USDT-SWAP
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005865 | −0.374% | $1.4M | $641K | 50x | as long as short |
| BingX BRETT-USDT | +0.0100% | 4h | 0.005884 | −0.051% | — | $1.4M | — | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005876 | −0.183% | $59K | $108K | — | as long as short |
| Kraken Futures PF_BRETTUSD | +0.1046% | 1h | 0.005875 | −0.203% | $47K | $73K | 10x | as long as short |
Bitget BRETTUSDT
BingX BRETT-USDT
Variational Omni BRETT
Kraken Futures PF_BRETTUSD