Funding you earn now, next payment 03:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.027%
Price spread now: Hyperliquid against BloFin+0.291%7-day average +0.171% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$720.715% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)−1.254%−$125 · spread now +0.291%, 7d avg +0.171%
=Together, before fees−1.137%+ Points / potential airdropHyperliquid: Season 2 · farm board−$114 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.121% dearer against BloFin than usual: you sell high and buy low (spread +0.291% now, against its 7-day average of +0.171%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days. Mind the row above: over the last 7 days funding on this pair paid +0.118%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CHIP-USDT | 0.04738 | 0.0120 | pay 0.0060% / 4h | 1h 41m | $565K | $63K | 50x |
| Short | Hyperliquid CHIP | 0.04752 | 0.0100 | get 0.0013% / 1h | 41m 00s | $14.9M | $6.1M | 3x |
BloFin CHIP-USDT
Hyperliquid CHIPFunding 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
- −$4.24
- Price spread: +0.291% → +0.171%
- $12.07
- Slippage, 4 orders
- −$50.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$63.7
- Costs to cover
- 0.715%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 85 min ago; Hyperliquid: live order book, 12 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, 85 min ago | 1.07 bp | 19.4 bp −$19 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 3.05 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
CHIP on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1505% | 1h | 0.04742 | +0.084% | $29K | $215K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0356% | 1h | 0.04754 | +0.338% | $17K | $244K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0355% | 4h | 0.04743 | +0.106% | $10.9M | $8.9M | 20x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04755 | +0.359% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0176% | 4h | 0.04740 | +0.042% | $2.0M | $9.5M | 20x | as long as short |
| Aster CHIPUSDT | +0.0007% | 4h | 0.04747 | +0.188% | $45K | $271K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04739 | +0.021% | $88K | $107K | 3x | as long as short |
| Hyperliquid CHIPshort | +0.0100% | 1h | 0.04752 | +0.291% | $14.9M | $6.1M | 3x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04740 | +0.042% | $14K | $688 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04738 | −0.005% | $14.3M | $26.3M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Lighter CHIP
Pacifica CHIP
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CHIP_USDT | +0.0100% | 4h | 0.04744 | +0.127% | $700K | $945K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04737 | −0.021% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04742 | +0.084% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04741 | +0.063% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04738 | 0.000% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04739 | +0.012% | $843K | $528K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04736 | −0.042% | $837 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04736 | −0.037% | $216K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDTlong | +0.0120% | 4h | 0.04738 | long leg | $565K | $63K | 50x | |
| Deribit CHIP_USDC-PERPETUAL | +0.0234% | 1h | 0.04750 | +0.255% | $10K | $24K | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0334% | 1h | 0.04753 | +0.323% | $83 | $38K | 5x | as long as short |
| Nado CHIP-PERP | +0.0769% | 1h | 0.04734 | −0.084% | $239K | $19K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04788 | +1.062% | $46K | $41K | 50x | as long as short |
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
Nado CHIP-PERP
Coinbase International CHIP-PERP-INTX