Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.001%
Price spread now: BloFin against Hyperliquid−0.070%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.070%, 7d avg −0.047%
=Together, before fees+0.003%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.023% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of −0.047%). If the spread goes back, that is −$2 on $10k: about 2.3 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.002% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HYPER | 0.07593 | 0.0100 | pay 0.0013% / 1h | 17m 11s | $72K | $133K | 3x |
| Short | BloFin HYPER-USDT | 0.07588 | 0.0132 | get 0.0066% / 4h | 1h 17m | $195K | $21K | 50x |
Hyperliquid HYPER
BloFin HYPER-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
- $6.79
- Price spread: −0.070% → −0.047%
- −$2.25
- Slippage, 4 orders
- −$58.23
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$74.69
- Costs to cover
- 0.792%
- Break-even
- 84.0 days
Slippage from Hyperliquid: live order book, 12 min ago; BloFin: live order book, 20 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, 12 min ago | 3.31 bp | 17.0 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 1.99 bp | 24.6 bp −$25 | 70.7 bp −$707 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTM | −0.0118% | 4h | 0.07585 | −0.109% | $107K | $99K | 30x | as long as short |
| Hyperliquid HYPERlong | +0.0100% | 1h | 0.07593 | long leg | $72K | $133K | 3x | |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07592 | −0.018% | $21K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07592 | −0.016% | $2.1M | $2.2M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07591 | −0.030% | $1.2M | $830K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07590 | −0.043% | $88K | $48K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07590 | −0.043% | $239K | $131K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07594 | +0.009% | $316K | $283K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07600 | +0.089% | $6K | $1K | — | as long as short |
| BloFin HYPER-USDTshort | +0.0132% | 4h | 0.07588 | −0.070% | $195K | $21K | 50x |
KuCoin HYPERUSDTM
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER