Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against BloFin−0.013%51s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as 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−$930.935% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.013%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% cheaper against BloFin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.010%. The two prices were read 51 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 | BloFin HYPER-USDT | 0.07450 | 0.0096 | pay 0.0048% / 4h | 0m 23s | $191K | $14K | 50x |
| Short | Binance HYPERUSDT | 0.07449 | 0.0100 | get 0.0050% / 4h | 0m 23s | $2.0M | $2.4M | 50x |
BloFin HYPER-USDT
Binance HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0.89
- Price spread: −0.013% → +0.010%
- −$2.3
- Slippage, 4 orders
- −$71.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$94.89
- Costs to cover
- 0.935%
- Break-even
- 751.5 days
Slippage from BloFin: live order book, 5 min ago; Binance: live order book, 4 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, 5 min ago | 3.35 bp | 21.4 bp −$21 | 52.1 bp −$521 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.01 bp | 24.5 bp −$24 | 139.2 bp −$1,392 | doesn't fit | doesn't fit |
HYPER on 10 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 HYPER-USDTlong | +0.0096% | 4h | 0.07450 | long leg | $191K | $14K | 50x | |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07457 | +0.094% | $74K | $126K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07456 | +0.074% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDTshort | +0.0100% | 4h | 0.07449 | −0.013% | $2.0M | $2.4M | 50x | |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07448 | −0.027% | $1.2M | $769K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07450 | 0.000% | $91K | $38K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07453 | +0.040% | $236K | $129K | 20x | as long as short |
| KuCoin HYPERUSDTM | +0.0100% | 4h | 0.07454 | +0.054% | $101K | $89K | 30x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07447 | −0.040% | $307K | $269K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07449 | −0.013% | $6K | $1K | — | as long as short |
Hyperliquid HYPER
Aster HYPERUSDT
Bybit HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
KuCoin HYPERUSDTM
Bitget HYPERUSDT
Variational Omni HYPER