Funding you earn now, next payment 23:00 UTC+0.0492%/8h= +53.9% APRpaid last 24h +0.106%
Price spread now: Hyperliquid against BloFin+0.214%87s7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as 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−$870.874% of the position
Funding, last 7 days−0.252%−$25 on $10k
+Price spread, last 3 days (all we have)−0.521%−$52 · spread now +0.214%, 7d avg −0.061%
=Together, before fees−0.773%+ Points / potential airdropHyperliquid: Season 2 · farm board−$77 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Hyperliquid is 0.275% dearer against BloFin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.061%. Mind the row above: over the last 7 days funding on this pair cost −0.252%, so the current rate has only just turned in your favour. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.252% in total (about -13.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MINA-USDT | 0.1263 | −0.0392 | get 0.0392% / 8h | 1h 31m | $254K | $296K | 50x |
| Short | Hyperliquid MINA | 0.1266 | 0.0100 | get 0.0013% / 1h | 31m 53s | $3.7M | $2.2M | 3x |
BloFin MINA-USDT
Hyperliquid MINAFunding 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
- $103.36
- Price spread: +0.214% → −0.061%
- $27.5
- Slippage, 4 orders
- −$66.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $43.5
- Costs to cover
- 0.874%
- Break-even
- 4.1 days
Slippage from BloFin: live order book, 48 min ago; Hyperliquid: live order book, 10 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, 48 min ago | 1.96 bp | 16.0 bp −$16 | 69.0 bp −$690 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.58 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
MINA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MINAUSD | −0.1820% | 1h | 0.1262 | −0.063% | $24K | $87K | 10x | as long as short |
| Binance MINAUSDT | −0.0406% | 8h | 0.1264 | +0.045% | $4.4M | $33.8M | 50x | as long as short |
| MEXC MINA_USDT | −0.0405% | 8h | 0.1264 | +0.063% | $1.2M | $1.5M | 50x | as long as short |
| BloFin MINA-USDTlong | −0.0392% | 8h | 0.1263 | long leg | $254K | $296K | 50x | |
| OKX MINA-USDT-SWAP | −0.0377% | 4h | 0.1265 | +0.119% | $1.9M | $17.0M | 20x | as long as short |
| Bitget MINAUSDT | −0.0275% | 8h | 0.1265 | +0.135% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0204% | 8h | 0.1263 | +0.024% | $410K | $966K | 50x | as long as short |
| Bybit MINAUSDT | −0.0147% | 4h | 0.1267 | +0.301% | $4.4M | $6.7M | 25x | as long as short |
| KuCoin MINAUSDTM | −0.0067% | 8h | 0.1263 | 0.000% | $761K | $507K | 30x | as long as short |
| BingX MINA-USDT | −0.0064% | 8h | 0.1265 | +0.111% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
Binance MINAUSDT
MEXC MINA_USDT
OKX MINA-USDT-SWAP
Bitget MINAUSDT
Gate MINA_USDT
Bybit MINAUSDT
KuCoin MINAUSDTM
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINAshort | +0.0100% | 1h | 0.1266 | +0.214% | $3.7M | $2.2M | 3x | |
| Variational Omni MINA | +0.0100% | 4h | 0.1264 | +0.056% | $407K | $148K | — | as long as short |
Variational Omni MINA