Funding you earn now, next payment 05:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.033%
Price spread now: Hyperliquid against BloFin+0.129%47s7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as 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−$230.230% of the position
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now +0.129%, 7d avg +0.065%
=Together, before fees−0.094%+ Points / potential airdropHyperliquid: Season 2 · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.064% dearer against BloFin than usual: you sell high and buy low (spread +0.129% now, against its 7-day average of +0.065%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 42 hours. 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 SOL-USDT | 116.26 | 0.0220 | pay 0.0220% / 8h | 3h 08m | $51.9M | $67.1M | 125x |
| Short | Hyperliquid SOL | 116.41 | 0.0100 | get 0.0013% / 1h | 8m 21s | $700.6M | $395.3M | 20x |
BloFin SOL-USDT
Hyperliquid SOLFunding 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: +0.129% → +0.065%
- $6.35
- Slippage, 4 orders
- −$2.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$41.87
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Hyperliquid: live order book, 6 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, 6 min ago | 0.43 bp | 6.4 bp −$6 | 6.4 bp −$64 | 8.7 bp −$868 | 18.0 bp −$8,976 |
| Sell Hyperliquid live order book, 6 min ago | 0.43 bp | 4.9 bp −$5 | 5.9 bp −$59 | 9.2 bp −$923 | doesn't fit |
SOL on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | −0.0216% | 1h | 116.27 | +0.007% | $105K | $704K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0193% | 1h | 116.37 | +0.094% | $31.4M | $102.5M | 100x | as long as short |
| Vest SOL-PERP | −0.0108% | 1h | 116.26 | +0.004% | — | $601K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.29 | +0.024% | $1K | $8K | 25x | as long as short |
| Bybit SOLUSDT | −0.0072% | 8h | 116.27 | +0.004% | $747.9M | $1.40B | 100x | as long as short |
| Derive SOL-PERP | −0.0030% | 1h | 116.30 | +0.030% | $1.9M | $2.9M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.36 | +0.086% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.38 | +0.107% | $1.4M | $19.1M | 3.1x | as long as short |
| dYdX SOL-USD | +0.0010% | 1h | 116.26 | −0.001% | $4.4M | $24.2M | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.37 | +0.094% | $7.6M | $404.5M | 50x | as long as short |
Hibachi SOL/USDT-P
Kraken Futures PF_SOLUSD
Vest SOL-PERP
Hotstuff SOL-PERP
Bybit SOLUSDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
dYdX SOL-USD
Coinbase International SOL-PERP-INTXShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet SOL-USD | +0.0063% | 1h | 116.32 | +0.054% | $146K | $1.6M | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0064% | 1h | 116.31 | +0.043% | $99K | $175K | 20x | as long as short |
| Bitget SOLUSDT | +0.0088% | 8h | 116.32 | +0.055% | $480.1M | $447.8M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0094% | 8h | 116.38 | +0.101% | $1.0M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.29 | +0.025% | $13.1M | $60.5M | 25x | as long as short |
| Lighter RH SOL | +0.0096% | 1h | 116.27 | +0.007% | $2.2M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 116.35 | +0.079% | $350K | $247K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.27 | +0.009% | $61K | $896K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.31 | +0.044% | $1.0M | $551K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.30 | +0.035% | $5.4M | $40.4M | 40x | as long as short |
| Hyperliquid SOLshort | +0.0100% | 1h | 116.41 | +0.129% | $700.6M | $395.3M | 20x | |
| Aster SOLUSDT | +0.0100% | 8h | 116.31 | +0.046% | $174.2M | $183.3M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.32 | +0.051% | $15.8M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.35 | +0.077% | $969.9M | $3.83B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.35 | +0.077% | $367.0M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.26 | 0.000% | $224K | $853K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.33 | +0.065% | $919K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.46 | +0.172% | $132.4M | $15.1M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.32 | +0.052% | $853.8M | $669.4M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.33 | +0.060% | $367.4M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.31 | +0.040% | $128.4M | $226.0M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.28 | +0.013% | — | $10.6M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.26 | 0.000% | $22.9M | $39.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.28 | +0.020% | $25.0M | $114.0M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.48 | +0.188% | $93.5M | $400.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.47 | +0.180% | $47.7M | $30.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.54 | +0.237% | $1.3M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.40 | +0.120% | $1.3M | $12.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.29 | +0.026% | $319K | $2.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.33 | +0.061% | $25K | $31K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.35 | +0.073% | $188K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.36 | +0.086% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.29 | +0.027% | $225.4M | $48.2M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.37 | +0.095% | $45.3M | $103.2M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.30 | +0.034% | $8.3M | $37.8M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0107% | 1h | 116.70 | +0.378% | $4K | $2K | 12x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.30 | +0.032% | — | $235.8M | 500x | as long as short |
| Phoenix SOL | +0.0151% | 1h | 116.60 | +0.292% | $6.5M | $13.8M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0192% | 1h | 116.28 | +0.021% | $1.1M | $542K | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0212% | 1h | 116.42 | +0.138% | $26.2M | $23.0M | 50x | as long as short |
| BloFin SOL-USDTlong | +0.0220% | 8h | 116.26 | long leg | $51.9M | $67.1M | 125x | |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0179% | 1h | 116.34 | +0.071% | $3.6M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.34 | +0.072% | $122K | $3.7M | 8.3x | as long as short |
| RISEx SOL/USDC | +0.0561% | 1h | 116.37 | +0.098% | $1.9M | $4.8M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0573% | 1h | 116.46 | +0.170% | $25K | $52K | 20x | as long as short |
Bullet SOL-USD
01 Exchange SOLUSD
Bitget SOLUSDT
Orderly PERP_SOL_USDC
Lighter SOL
Lighter RH SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Nado SOL-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDC
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Injective SOL/USDC PERP
Jupiter Perps SOL-PERP
Phoenix SOL
Reya SOLRUSDPERP
Deribit SOL_USDC-PERPETUAL
GMX SOL/USD [SOL-USDC]
Perpl SOL
RISEx SOL/USDC
Aftermath Perps SOLUSD