Funding you earn now, next payment 05:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.009%
Price spread now: BloFin against Hyperliquid0.000%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$370.368% of the position
Funding, last 7 days+0.217%+$22 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now 0.000%, 7d avg −0.030%
=Together, before fees+0.090%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.030% dearer against Hyperliquid than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOT | 1.1835 | 0.0100 | pay 0.0013% / 1h | 11m 14s | $5.3M | $3.4M | 10x |
| Short | BloFin DOT-USDT | 1.1835 | 0.0220 | get 0.0220% / 8h | 3h 11m | $2.2M | $877K | 75x |
Funding 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
- $25.2
- Price spread: 0.000% → −0.030%
- $3.01
- Slippage, 4 orders
- −$15.77
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$8.55
- Costs to cover
- 0.368%
- Break-even
- 9.4 days
Slippage from Hyperliquid: live order book, 11 min ago; BloFin: live order book, 2 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, 11 min ago | 1.26 bp | 8.2 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.11 bp | 9.7 bp −$10 | 13.2 bp −$132 | 32.1 bp −$3,208 | doesn't fit |
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.2697% | 1h | 1.1840 | +0.042% | $231K | $128K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0432% | 1h | 1.1850 | +0.127% | $196K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1832 | −0.023% | $256 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1852 | +0.142% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1837 | +0.013% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.563% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0057% | 1h | 1.1838 | +0.027% | $4.4M | $1.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1837 | +0.017% | $261K | $641K | 10x | as long as short |
| Hyperliquid DOTlong | +0.0100% | 1h | 1.1835 | long leg | $5.3M | $3.4M | 10x | |
| Aster DOTUSDT | +0.0100% | 8h | 1.1850 | +0.124% | $845K | $593K | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1833 | −0.015% | $43.4M | $85.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1829 | −0.051% | $24.2M | $18.9M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1830 | −0.042% | $9.4M | $24.3M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1830 | −0.042% | $6.6M | $12.0M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1832 | −0.025% | $35.6M | $55.7M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1832 | −0.025% | $6.4M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1830 | −0.042% | $22.6M | $14.6M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1861 | +0.220% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1830 | −0.042% | $92K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1884 | +0.418% | $541K | $52K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1879 | +0.370% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1874 | +0.326% | $235K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1840 | +0.042% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1862 | +0.228% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1872 | +0.313% | $262K | $261K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1828 | −0.063% | $17K | $263K | 25x | as long as short |
| Phemex DOTUSDT | +0.0118% | 8h | 1.1850 | +0.127% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDTshort | +0.0220% | 8h | 1.1835 | 0.000% | $2.2M | $877K | 75x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1839 | +0.032% | $22K | — | 100x | as long as short |
Hyperliquid DOT
BloFin DOT-USDT
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
Lighter DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]