Funding you earn now, next payment 00:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h −0.023%
Price spread now: BloFin against Hyperliquid−0.154%67s7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as 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−$650.653% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 3 days (all we have)+1.055%+$105 · spread now −0.154%, 7d avg −0.058%
=Together, before fees+1.002%+ Points / potential airdropHyperliquid: Season 2 · farm board+$100 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.096% cheaper against Hyperliquid than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.058%). Swap the legs. The two prices were read 67 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 | Hyperliquid STX | 0.3452 | 0.0183 | pay 0.0023% / 1h | 51m 58s | $1.5M | $1.0M | 5x |
| Short | BloFin STX-USDT | 0.3447 | 0.0095 | get 0.0095% / 8h | 51m 58s | $431K | $234K | 20x |
Hyperliquid STX
BloFin STX-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
- −$18.3
- Price spread: −0.154% → −0.058%
- −$9.57
- Slippage, 4 orders
- −$44.27
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$93.14
- Costs to cover
- 0.653%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; BloFin: live order book, 24 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, 9 min ago | 1.60 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 4.34 bp | 22.9 bp −$23 | 39.6 bp −$396 | doesn't fit | doesn't fit |
STX on 18 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_STXUSD | −0.1655% | 1h | 0.3448 | −0.111% | $75K | $124K | 20x | as long as short |
| Variational Omni STX | −0.0441% | 8h | 0.3441 | −0.326% | $818K | $308K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3446 | −0.171% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | 0.0000% | 1h | 0.3463 | +0.310% | $4K | $264K | 12x | as long as short |
| ApeX Omni STXUSDT | +0.0083% | 1h | 0.3446 | −0.182% | $58K | $678K | 50x | as long as short |
| BloFin STX-USDTshort | +0.0095% | 8h | 0.3447 | −0.154% | $431K | $234K | 20x | |
| Bitget STXUSDT | +0.0098% | 8h | 0.3441 | −0.327% | $5.0M | $1.9M | 50x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3445 | −0.224% | $129K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3448 | −0.117% | $8.1M | $19.8M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3443 | −0.258% | $8.8M | $7.4M | 75x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
ApeX Omni STXUSDT
Bitget STXUSDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3445 | −0.211% | $2.4M | $6.6M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3443 | −0.269% | $603K | $441K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3448 | −0.125% | $6.3M | $1.3M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3446 | −0.182% | $2.5M | $1.7M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3446 | −0.182% | — | $16.1M | — | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3448 | −0.137% | $186K | $590K | 10x | as long as short |
| Hyperliquid STXlong | +0.0183% | 1h | 0.3452 | long leg | $1.5M | $1.0M | 5x | |
| GMX STX/USD [WBTC.b-USDC] | L +0.0194% / S −0.0366% | 1h | 0.3445 | −0.206% | $5K | — | 100x | as long as short |
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]