Funding you earn now, next payment 05:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: Hyperliquid against BloFin−0.092%47s7-day average +0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$790.787% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)+0.253%+$25 · spread now −0.092%, 7d avg +0.120%
=Together, before fees+0.063%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Hyperliquid is 0.212% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.120%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000LUNC-USDT | 0.00005437 | 0.0220 | pay 0.0220% / 8h | 3h 02m | $385K | $37K | 75x |
| Short | Hyperliquid kLUNC | 0.00005432 | 0.0100 | get 0.0013% / 1h | 2m 29s | $283K | $110K | 3x |
BloFin 1000LUNC-USDT
Hyperliquid kLUNCFunding 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
- −$25.2
- Price spread: −0.092% → +0.120%
- −$21.16
- Slippage, 4 orders
- −$57.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$125.02
- Costs to cover
- 0.787%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 28 min ago; Hyperliquid: live order book, 7 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, 28 min ago | 2.75 bp | 17.4 bp −$17 | 37.6 bp −$376 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.38 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
LUNC on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDT | −0.0970% | 8h | 0.00005420 | −0.313% | $17.1M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNCshort | +0.0100% | 1h | 0.00005432 | −0.092% | $283K | $110K | 3x | |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005423 | −0.253% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005423 | −0.257% | $4.1M | $7.8M | 75x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005429 | −0.147% | $389K | $237K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005418 | −0.349% | $1.1M | $515K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005421 | −0.295% | $2K | — | 10x | as long as short |
| BingX LUNC-USDT | +0.0215% | 8h | 0.00005428 | −0.166% | — | $2.0M | — | as long as short |
| BloFin 1000LUNC-USDTlong | +0.0220% | 8h | 0.00005437 | long leg | $385K | $37K | 75x | |
| Bybit 1000LUNCUSDT | +0.0223% | 8h | 0.00005430 | −0.129% | $1.9M | $789K | 25x | as long as short |
MEXC LUNC_USDT
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BingX LUNC-USDT
Bybit 1000LUNCUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.0376% | 8h | 0.00005428 | −0.167% | $1.7M | $661K | 50x | as long as short |
KuCoin LUNCUSDTM