BloFinvs
Hotcoin
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
Funding setups between these venues
Across 104 liquid markets shared by BloFin and Hotcoin, the best funding setup over the past 7 days is $BRENT (long BloFin, short Hotcoin): it paid 153.1% APR, 140.6% after costs, and held 48% of the time.
104 common liquid markets. Ranked by what the setup actually paid over 7 days after entry and exit costs β not by the instantaneous APR.
| Coin | Long | Short | 7d avg | After costs | Holds | Pays back | |
|---|---|---|---|---|---|---|---|
| $BRENT | BloFin | Hotcoin | 153.1% now -54.2% | 140.6% | 48% | <1 d | Backtest β |
| $AERO | Hotcoin | BloFin | 43.2% now 32.9% | 30.7% | 82% | 2 d | Backtest β |
| $TA | Hotcoin | BloFin | 30.4% now -4.6% | 17.9% | 8% | 3 d | Backtest β |
| $WTI | BloFin | Hotcoin | 30.3% now 1.2% | 17.8% | 23% | 3 d | Backtest β |
| $SOXL | BloFin | Hotcoin | 29.0% now -10.0% | 16.5% | 58% | 3 d | Backtest β |
| $SNDK | BloFin | Hotcoin | 23.8% now 4.9% | 11.3% | 55% | 4 d | Backtest β |
| $PUMP | Hotcoin | BloFin | 18.6% now 6.4% | 6.0% | 85% | 5 d | Backtest β |
| $ASTER | Hotcoin | BloFin | 18.2% now 32.9% | 5.7% | 67% | 5 d | Backtest β |
| $ZRO | Hotcoin | BloFin | 17.6% now 32.9% | 5.0% | 77% | 5 d | Backtest β |
| $MON | Hotcoin | BloFin | 16.9% now -25.2% | 4.4% | 78% | 5 d | Backtest β |
| $HYPE | Hotcoin | BloFin | 16.4% now 10.8% | 3.9% | 71% | 5 d | Backtest β |
| $ICP | Hotcoin | BloFin | 15.4% now 22.9% | 2.9% | 78% | 6 d | Backtest β |
| $STRK | Hotcoin | BloFin | 15.2% now 0.1% | 2.7% | 61% | 6 d | Backtest β |
| $LIT | Hotcoin | BloFin | 15.2% now 32.9% | 2.6% | 77% | 6 d | Backtest β |
| $SKHY | BloFin | Hotcoin | 15.1% now 2.0% | 2.6% | 47% | 6 d | Backtest β |
β7d avgβ is the funding spread the pair actually paid over the last 7 days. βAfter costsβ subtracts taker fees for opening and closing both legs over a 7-day hold. βHoldsβ is the share of hours the spread kept the same sign and at least 5% APR.
| BloFin | Hotcoin | |
|---|---|---|
| Type | CEX | CEX |
| Taker fee | 0.06% | 0.06% |
| Maker fee | 0.02% | 0.02% |
| Open Interest | $1.04B | $1.98Bβ |
| 24h Volume | $1.12B | $9.39Bβ |
| Avg Funding APR | 3.56% | 12.16% |
| Markets | 497 | 598β |
| Airdrop / token | β | Listed |
BloFin and Hotcoin are both perpetual-futures venues tracked on ORBIT. On fees, both charge the same 0.06% taker. On liquidity, Hotcoin is deeper with $1.98B open interest, which means less slippage at size.
For a funding-arbitrage trader the practical answer is rarely βone or the otherβ β you often use both, going long on whichever venue has the lower funding for a given asset and short on the other. Open the Funding Screener to see where BloFin and Hotcoin diverge right now, then verify the pair in the backtester.
How this pair behaves
Of 15 setups between BloFin and Hotcoin with 7 days of payouts, 15 stay positive after entry and exit costs. In a typical setup the spread keeps its sign and at least 5% APR 67% of the hours. Opening and closing both legs costs a median 0.24% of the position, paid back in about 5 days. The instantaneous rate is often higher than the weekly one: pick by the "7d avg" and "After costs" columns, not by the current APR.
Related venue pairs
Frequently asked questions
- Which funding setup between BloFin and Hotcoin pays most?
- Across 104 liquid markets shared by BloFin and Hotcoin, the best funding setup over the past 7 days is $BRENT (long BloFin, short Hotcoin): it paid 153.1% APR, 140.6% after costs, and held 48% of the time. Ranking is by the 7-day payout after costs, not by the instantaneous APR.
- Is BloFin or Hotcoin cheaper?
- BloFin charges 0.06% taker / 0.02% maker; Hotcoin charges 0.06% taker / 0.02% maker. Both are equal on taker fee, which matters most for funding arbitrage since entries and exits are taker orders.
- Which has deeper liquidity, BloFin or Hotcoin?
- BloFin has $1.04B open interest across 497 markets; Hotcoin has $1.98B across 598. Hotcoin is deeper, which means lower slippage at size.
- Can I run funding arbitrage between BloFin and Hotcoin?
- Yes β when an asset's funding diverges between the two, go long on the lower-funding venue and short on the higher one. Find live divergences on the ORBIT screener and backtest the exact pair before sizing it.