Funding you earn now, next payment 01:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h −0.005%
Price spread now: BloFin against Hyperliquid−0.113%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$470.472% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 3 days (all we have)+0.043%+$4 · spread now −0.113%, 7d avg −0.064%
=Together, before fees−0.029%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.048% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of −0.064%). If the spread goes back, that is −$5 on $10k: about 9.4 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.072%, 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 | Hyperliquid LDO | 0.4353 | 0.0100 | pay 0.0013% / 1h | 9m 02s | $12.1M | $3.9M | 5x |
| Short | BloFin LDO-USDT | 0.4348 | 0.0117 | get 0.0117% / 8h | 7h 09m | $923K | $213K | 75x |
Hyperliquid LDO
BloFin LDO-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
- $3.6
- Price spread: −0.113% → −0.064%
- −$4.82
- Slippage, 4 orders
- −$26.22
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$48.44
- Costs to cover
- 0.472%
- Break-even
- 101.1 days
Slippage from Hyperliquid: live order book, 4 min ago; BloFin: live order book, 63 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, 4 min ago | 0.81 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 63 min ago | 1.17 bp | 9.5 bp −$9 | 16.3 bp −$163 | 56.2 bp −$5,621 | doesn't fit |
LDO on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0752% | 1h | 0.4343 | −0.227% | $119K | $47K | 50x | as long as short |
| dYdX LDO-USD | +0.0028% | 1h | 0.4345 | −0.174% | $84K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −5.580% | $4K | $14 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4350 | −0.062% | $3K | — | 20x | as long as short |
| Hyperliquid LDOlong | +0.0100% | 1h | 0.4353 | long leg | $12.1M | $3.9M | 5x | |
| Aster LDOUSDT | +0.0100% | 8h | 0.4354 | +0.028% | $171K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4351 | −0.034% | $112K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4351 | −0.050% | $18.3M | $36.8M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4347 | −0.136% | $16.5M | $11.8M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4346 | −0.159% | $4.1M | $8.8M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4350 | −0.067% | $1.5M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4350 | −0.067% | $8.0M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4351 | −0.044% | $2.8M | $4.1M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4349 | −0.090% | $3.4M | $3.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4349 | −0.090% | — | $10.1M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4350 | −0.076% | $89K | $151K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4331 | −0.497% | $204K | $82K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4342 | −0.250% | $308K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4340 | −0.296% | $35K | $644K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4353 | 0.000% | $23K | $720K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4452 | +2.277% | $2K | $1.4M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4348 | −0.118% | $265K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4351 | −0.036% | $39K | — | 3x | as long as short |
| BloFin LDO-USDTshort | +0.0117% | 8h | 0.4348 | −0.113% | $923K | $213K | 75x | |
| Kraken Futures PF_LDOUSD | +0.0195% | 1h | 0.4352 | −0.020% | $1.1M | $516K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0210% | 1h | 0.4354 | +0.025% | $8K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4352 | −0.018% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4348 | −0.121% | $303K | — | 15x | as long as short |
| Lighter LDO | +0.0584% | 1h | 0.4360 | +0.156% | $884K | $267K | 10x | as long as short |
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Lighter LDO