Funding you earn now, next payment 12:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h +0.003%
Price spread now: Hyperliquid against BloFin+0.255%7-day average −0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$860.856% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.472%−$47 · spread now +0.255%, 7d avg −0.123%
=Together, before fees−0.399%+ Points / potential airdropHyperliquid: Season 2 · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Hyperliquid is 0.378% dearer against BloFin than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of −0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IOTA-USDT | 0.04663 | 0.0087 | pay 0.0087% / 8h | 4h 48m | $161K | $41K | 75x |
| Short | Hyperliquid IOTA | 0.04675 | 0.0100 | get 0.0013% / 1h | 48m 35s | $874K | $316K | 3x |
BloFin IOTA-USDT
Hyperliquid IOTAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $2.67
- Price spread: +0.255% → −0.123%
- $37.84
- Slippage, 4 orders
- −$64.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$45.11
- Costs to cover
- 0.856%
- Break-even
- 125.2 days
Slippage from BloFin: live order book, 49 min ago; Hyperliquid: live order book, 55 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, 49 min ago | 3.18 bp | 20.1 bp −$20 | 50.9 bp −$509 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 55 min ago | 1.59 bp | 18.1 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
IOTA on 12 exchanges
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 IOTA-USDTlong | +0.0087% | 8h | 0.04663 | long leg | $161K | $41K | 75x | |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04675 | +0.255% | $874K | $316K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04680 | +0.355% | $3.3M | $5.6M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04674 | +0.236% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04668 | +0.107% | $516K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04666 | +0.064% | $812K | $248K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04672 | +0.193% | $557K | $160K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04677 | +0.300% | $1.7M | $710K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04668 | +0.107% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04669 | +0.134% | $50K | $32K | — | as long as short |
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0895% | 8h | 0.04682 | +0.407% | $2.7M | $151K | 30x | as long as short |
| Kraken Futures PF_IOTAUSD | +0.4650% | 1h | 0.04673 | +0.207% | $13K | $28K | 10x | as long as short |
KuCoin IOTAUSDTM
Kraken Futures PF_IOTAUSD