Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.035%
Price spread now: BloFin against Hyperliquid−0.004%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$790.788% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 3 days (all we have)−0.143%−$14 · spread now −0.004%, 7d avg −0.108%
=Together, before fees+0.046%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.104% dearer against Hyperliquid than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kLUNC | 0.00005552 | 0.0100 | pay 0.0013% / 1h | 48m 30s | $288K | $125K | 3x |
| Short | BloFin 1000LUNC-USDT | 0.00005552 | 0.0220 | get 0.0220% / 8h | 48m 30s | $391K | $37K | 75x |
Hyperliquid kLUNC
BloFin 1000LUNC-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
- $25.2
- Price spread: −0.004% → −0.108%
- $10.43
- Slippage, 4 orders
- −$57.78
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$43.15
- Costs to cover
- 0.788%
- Break-even
- 19.0 days
Slippage from Hyperliquid: live order book, 11 min ago; BloFin: live order book, 27 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, 11 min ago | 1.35 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 1.81 bp | 17.5 bp −$17 | 43.8 bp −$438 | 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 | −0.0238% | 8h | 0.00005543 | −0.166% | $17.0M | $1.4M | 200x | as long as short |
| Hyperliquid kLUNClong | +0.0100% | 1h | 0.00005552 | long leg | $288K | $125K | 3x | |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005545 | −0.133% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005547 | −0.094% | $4.2M | $8.4M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005550 | −0.040% | $2.1M | $754K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005551 | −0.022% | $395K | $257K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005541 | −0.202% | $1.1M | $635K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005551 | −0.022% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005546 | −0.108% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTshort | +0.0220% | 8h | 0.00005552 | −0.004% | $391K | $37K | 75x |
MEXC LUNC_USDT
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.1581% | 8h | 0.00005547 | −0.092% | $1.8M | $821K | 50x | as long as short |
KuCoin LUNCUSDTM