Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: Bybit against Hyperliquid+0.089%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1831.834% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now +0.089%, 7d avg +0.105%
=Together, before fees+0.167%+ Points / potential airdropHyperliquid: Season 2 · farm board+$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ANIME | 0.003355 | 0.0100 | pay 0.0013% / 1h | 34m 36s | $292K | $87K | 3x |
| Short | Bybit ANIMEUSDT | 0.003358 | 0.0100 | get 0.0050% / 4h | 3h 34m | $700K | $276K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.089% → +0.105%
- −$1.57
- Slippage, 4 orders
- −$163.44
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$185.02
- Costs to cover
- 1.834%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 45 min ago; Bybit: live order book, 15 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, 45 min ago | 2.97 bp | 25.9 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 15 min ago | 2.97 bp | 56.6 bp −$57 | 208.0 bp −$2,080 | 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 | +0.0005% | 1h | 0.003359 | +0.126% | $33K | $1K | 10x | as long as short |
| Hyperliquid ANIMElong | +0.0100% | 1h | 0.003355 | long leg | $292K | $87K | 3x | |
| Aster ANIMEUSDT | +0.0100% | 4h | 0.003360 | +0.137% | $27K | $3K | 5x | as long as short |
| Binance ANIMEUSDT | +0.0100% | 4h | 0.003357 | +0.060% | $1.3M | $1.6M | 20x | as long as short |
| Bybit ANIMEUSDTshort | +0.0100% | 4h | 0.003358 | +0.089% | $700K | $276K | 25x | |
| OKX ANIME-USDT-SWAP | +0.0100% | 4h | 0.003352 | −0.089% | $428K | $519K | 20x | as long as short |
| Gate ANIME_USDT | +0.0100% | 4h | 0.003356 | +0.030% | $139K | $58K | 25x | as long as short |
| MEXC ANIME_USDT | +0.0100% | 4h | 0.003357 | +0.060% | $208K | $88K | 20x | as long as short |
| KuCoin ANIMEUSDTM | +0.0100% | 4h | 0.003358 | +0.089% | $435K | $57K | 20x | as long as short |
| Bitget ANIMEUSDT | +0.0100% | 4h | 0.003358 | +0.089% | $851K | $150K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ANIME-USDT | +0.0100% | 4h | 0.003360 | +0.149% | — | $6.5M | — | as long as short |
| Variational Omni ANIME | +0.0100% | 4h | 0.003358 | +0.102% | $11K | $553 | — | as long as short |
| GMX ANIME/USD [ANIME-USDC] | L +0.0497% / S −0.2017% | 1h | 0.003355 | 0.000% | $820 | — | 100x | as long as short |
Hyperliquid ANIME
Bybit ANIMEUSDT
Kraken Futures PF_ANIMEUSD
Aster ANIMEUSDT
Binance ANIMEUSDT
OKX ANIME-USDT-SWAP
Gate ANIME_USDT
MEXC ANIME_USDT
KuCoin ANIMEUSDTM
Bitget ANIMEUSDT
BingX ANIME-USDT
Variational Omni ANIME
GMX ANIME/USD [ANIME-USDC]