Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: Hyperliquid against Bybit−0.030%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1961.959% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.030%, 7d avg −0.106%
=Together, before fees−0.162%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.077% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ANIMEUSDT | 0.003384 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $706K | $290K | 25x |
| Short | Hyperliquid ANIME | 0.003383 | 0.0100 | get 0.0013% / 1h | 20m 16s | $295K | $107K | 3x |
Bybit ANIMEUSDT
Hyperliquid ANIMEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bybit. 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
- $0
- Price spread: −0.030% → −0.106%
- $7.67
- Slippage, 4 orders
- −$175.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$188.26
- Costs to cover
- 1.959%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 39 min ago; Hyperliquid: live order book, 9 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 Bybit live order book, 39 min ago | 2.97 bp | 69.2 bp −$69 | 173.9 bp −$1,739 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 1.48 bp | 31.2 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
ANIME on 13 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_ANIMEUSD | −0.0066% | 1h | 0.003387 | +0.079% | $33K | $1K | 10x | as long as short |
| Hyperliquid ANIMEshort | +0.0100% | 1h | 0.003383 | −0.030% | $295K | $107K | 3x | |
| Aster ANIMEUSDT | +0.0100% | 4h | 0.003380 | −0.112% | $27K | $3K | 5x | as long as short |
| Binance ANIMEUSDT | +0.0100% | 4h | 0.003383 | −0.030% | $1.3M | $1.7M | 20x | as long as short |
| Bybit ANIMEUSDTlong | +0.0100% | 4h | 0.003384 | long leg | $706K | $290K | 25x | |
| OKX ANIME-USDT-SWAP | +0.0100% | 4h | 0.003383 | −0.030% | $438K | $556K | 20x | as long as short |
| Gate ANIME_USDT | +0.0100% | 4h | 0.003376 | −0.236% | $142K | $70K | 25x | as long as short |
| MEXC ANIME_USDT | +0.0100% | 4h | 0.003383 | −0.030% | $213K | $90K | 20x | as long as short |
| KuCoin ANIMEUSDTM | +0.0100% | 4h | 0.003381 | −0.089% | $436K | $60K | 20x | as long as short |
| Bitget ANIMEUSDT | +0.0100% | 4h | 0.003382 | −0.059% | $857K | $171K | 10x | as long as short |
Kraken Futures PF_ANIMEUSD
Aster ANIMEUSDT
Binance ANIMEUSDT
OKX ANIME-USDT-SWAP
Gate ANIME_USDT
MEXC ANIME_USDT
KuCoin ANIMEUSDTM
Bitget ANIMEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ANIME-USDT | +0.0100% | 4h | 0.003381 | −0.089% | — | $6.5M | — | as long as short |
| Variational Omni ANIME | +0.0100% | 4h | 0.003384 | −0.004% | $11K | $553 | — | as long as short |
| GMX ANIME/USD [ANIME-USDC] | L +0.0497% / S −0.2017% | 1h | 0.003383 | −0.030% | $827 | — | 100x | as long as short |
BingX ANIME-USDT
Variational Omni ANIME
GMX ANIME/USD [ANIME-USDC]