Funding you earn now, next payment 05:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.020%
Price spread now: BloFin against Hyperliquid−0.077%7-day average −0.176% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$570.568% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.077%, 7d avg −0.176%
=Together, before fees+0.178%+ Points / potential airdropHyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.100% dearer against Hyperliquid than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.176%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.140% in total (about 7.3% 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 | Hyperliquid CC | 0.1172 | 0.0100 | pay 0.0013% / 1h | 58m 32s | $5.5M | $1.3M | 3x |
| Short | BloFin CC-USDT | 0.1172 | 0.0340 | get 0.0170% / 4h | 3h 58m | $596K | $98K | 75x |
Hyperliquid CC
BloFin CC-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
- $50.4
- Price spread: −0.077% → −0.176%
- $9.96
- Slippage, 4 orders
- −$35.83
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $3.52
- Costs to cover
- 0.568%
- Break-even
- 6.5 days
Slippage from Hyperliquid: live order book, 3 min ago; BloFin: live order book, 38 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, 3 min ago | 1.71 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 38 min ago | 2.14 bp | 21.9 bp −$22 | 58.5 bp −$585 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CCUSDT | −0.1493% | 4h | 0.1172 | −0.068% | $10.7M | $3.8M | 25x | as long as short |
| Gate CC_USDT | −0.0270% | 4h | 0.1171 | −0.102% | $364K | $209K | 50x | as long as short |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | +0.640% | $402 | $3K | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0099% | 8h | 0.1171 | −0.129% | $1K | — | 5x | as long as short |
| Hyperliquid CClong | +0.0100% | 1h | 0.1172 | long leg | $5.5M | $1.3M | 3x | |
| Aster CCUSDT | +0.0100% | 4h | 0.1173 | +0.001% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1171 | −0.128% | $11.0M | $12.1M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1172 | −0.009% | $2.5M | $3.2M | 20x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1171 | −0.136% | $1.7M | $330K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1172 | −0.034% | $483K | $122K | 50x | as long as short |
Bybit CCUSDT
Gate CC_USDT
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
MEXC CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1173 | +0.043% | $918K | $780K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1171 | −0.102% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1170 | −0.188% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1171 | −0.167% | $596K | $56K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1170 | −0.191% | $84K | $2.5M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1170 | −0.198% | $6K | $35K | 6.7x | as long as short |
| BloFin CC-USDTshort | +0.0340% | 4h | 0.1172 | −0.077% | $596K | $98K | 75x | |
| Lighter CC | +0.0408% | 1h | 0.1177 | +0.375% | $244K | $153K | 5x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1172 | −0.013% | $44K | — | 50x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Lighter CC
GMX CC/USD [WBTC.b-USDC]