Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.07 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against BloFin−0.093%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$860.856% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.093%, 7d avg +0.052%
=Funding pays, the price is against you. Bybit is 0.145% cheaper against BloFin than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of +0.052%). If the spread goes back, that is −$15 on $10k: about 37 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.062%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HYPER-USDT | 0.07515 | 0.0087 | pay 0.0043% / 4h | 3h 10m | $190K | $24K | 50x |
| Short | Bybit HYPERUSDT | 0.07508 | 0.0100 | get 0.0050% / 4h | 3h 10m | $1.2M | $783K | 25x |
BloFin HYPER-USDT
Bybit HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $2.75
- Price spread: −0.093% → +0.052%
- −$14.55
- Slippage, 4 orders
- −$62.58
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$97.37
- Costs to cover
- 0.856%
- Break-even
- 254.5 days
Slippage from BloFin: live order book, 10 min ago; Bybit: live order book, 5 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, 10 min ago | 5.98 bp | 15.5 bp −$15 | 43.7 bp −$437 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.32 bp | 27.2 bp −$27 | 185.2 bp −$1,852 | 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 | +0.0087% | 4h | 0.07515 | long leg | $190K | $24K | 50x | |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07509 | −0.084% | $74K | $133K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07514 | −0.014% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07508 | −0.093% | $2.0M | $2.3M | 50x | as long as short |
| Bybit HYPERUSDTshort | +0.0100% | 4h | 0.07508 | −0.093% | $1.2M | $783K | 25x | |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07510 | −0.067% | $91K | $44K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07507 | −0.106% | $238K | $130K | 20x | as long as short |
| KuCoin HYPERUSDTM | +0.0100% | 4h | 0.07517 | +0.027% | $112K | $82K | 30x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07511 | −0.053% | $320K | $272K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07514 | −0.012% | $6K | $1K | — | as long as short |
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
KuCoin HYPERUSDTM
Bitget HYPERUSDT
Variational Omni HYPER