Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.003%
Price spread now: BloFin against Hyperliquid+0.016%7-day average +0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.016%, 7d avg +0.013%
=Together, before fees−0.011%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid INIT | 0.08295 | 0.0100 | pay 0.0013% / 1h | 15m 15s | $302K | $227K | 3x |
| Short | BloFin INIT-USDT | 0.08296 | 0.0150 | get 0.0075% / 4h | 1h 15m | $111K | $112K | 25x |
Hyperliquid INIT
BloFin INIT-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
- $10.54
- Price spread: +0.016% → +0.013%
- $0.3
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$10.17
- Costs to cover
- 0.210%
- Break-even
- 13.8 days
Slippage unknown: Hyperliquid: live order book, 14 min ago; BloFin: live order book, 21 min ago. Net counts fees only.
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, 14 min ago | 8.35 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 3.62 bp | 35.8 bp −$36 | 75.9 bp −$759 | doesn't fit | doesn't fit |
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid INITlong | +0.0100% | 1h | 0.08295 | long leg | $302K | $227K | 3x | |
| Aster INITUSDT | +0.0100% | 4h | 0.08298 | +0.034% | $27K | $39K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08296 | +0.013% | $3.4M | $3.8M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08284 | −0.129% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08294 | −0.008% | $137K | $667K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08295 | +0.004% | $84K | $56K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08297 | +0.028% | $449K | $211K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08293 | −0.020% | $330K | $55K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08297 | +0.028% | $430K | $315K | 25x | as long as short |
| BingX INIT-USDT | +0.0100% | 4h | 0.08293 | −0.020% | — | $6.6M | — | as long as short |
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDT
BingX INIT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni INIT | +0.0100% | 4h | 0.08288 | −0.082% | $26K | $23K | — | as long as short |
| BloFin INIT-USDTshort | +0.0150% | 4h | 0.08296 | +0.016% | $111K | $112K | 25x | |
| Kraken Futures PF_INITUSD | +0.0241% | 1h | 0.08246 | −0.588% | $3K | $19K | 10x | as long as short |
Variational Omni INIT
Kraken Futures PF_INITUSD