Funding you earn now, next payment 22:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%
Price spread now: BloFin against Hyperliquid−0.148%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days+0.279%+$28 on $10k
+Price spread, last 3 days (all we have)+0.260%+$26 · spread now −0.148%, 7d avg −0.044%
=Together, before fees+0.539%+ Points / potential airdropHyperliquid: Season 2 · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.104% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of −0.044%). If the spread goes back, that is −$10 on $10k: about 35 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid TIA | 0.4319 | 0.0100 | pay 0.0013% / 1h | 11m 05s | $4.2M | $1.5M | 5x |
| Short | BloFin TIA-USDT | 0.4313 | 0.0340 | get 0.0170% / 4h | 2h 11m | $525K | $540K | 75x |
Funding 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
- $50.4
- Price spread: −0.148% → −0.044%
- −$10.4
- Slippage, 4 orders
- −$34.33
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$15.33
- Costs to cover
- 0.553%
- Break-even
- 9.1 days
Slippage from Hyperliquid: live order book, 11 min ago; BloFin: 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 Hyperliquid live order book, 11 min ago | 0.92 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 2.31 bp | 8.3 bp −$8 | 15.6 bp −$156 | 57.6 bp −$5,758 | doesn't fit |
TIA on 27 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_TIAUSD | −0.0390% | 1h | 0.4313 | −0.148% | $355K | $239K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | −0.0214% | 1h | 0.4313 | −0.148% | $30K | $27K | 25x | as long as short |
| Gate TIA_USDT | −0.0068% | 4h | 0.4310 | −0.218% | $994K | $1.8M | 75x | as long as short |
| KuCoin TIAUSDTM | −0.0042% | 4h | 0.4309 | −0.241% | $4.1M | $8.6M | 50x | as long as short |
| Bybit TIAUSDT | −0.0041% | 4h | 0.4312 | −0.171% | $9.4M | $13.0M | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0032% | 4h | 0.4309 | −0.241% | $2.7M | $5.8M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0016% | 1h | 0.4328 | +0.199% | $49K | $236K | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4315 | −0.113% | $1K | — | 150x | as long as short |
| Variational Omni TIA | +0.0057% | 4h | 0.4324 | +0.114% | $101K | $85K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4316 | −0.074% | $127K | $353K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4311 | −0.194% | $5K | $360K | 10x | as long as short |
| Hyperliquid TIAlong | +0.0100% | 1h | 0.4319 | long leg | $4.2M | $1.5M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4315 | −0.108% | $34K | $272K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4315 | −0.102% | $14.1M | $41.0M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4315 | −0.102% | $9.1M | $5.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4311 | −0.194% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4313 | −0.148% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4314 | −0.137% | $100K | $151K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4313 | −0.148% | $64K | $38K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4310 | −0.224% | $58K | $165K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4311 | −0.183% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0178% | 1h | 0.4310 | −0.227% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0200% | 1h | 0.4345 | +0.593% | $48K | $72K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4331 | +0.269% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDTshort | +0.0340% | 4h | 0.4313 | −0.148% | $525K | $540K | 75x | |
| GMX TIA/USD [ETH-USDC] | L +0.0456% / S −0.3505% | 1h | 0.4314 | −0.132% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0806% | 1h | 0.4316 | −0.087% | $51K | $59 | 10x | as long as short |
Hyperliquid TIA
BloFin TIA-USDT
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
Gate TIA_USDT
KuCoin TIAUSDTM
Bybit TIAUSDT
OKX TIA-USDT-SWAP
ApeX Omni TIAUSDT
gTrade (Gains Network) TIA/USD
Variational Omni TIA
Lighter TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
GMX TIA/USD [ETH-USDC]