Settings8H · net · $10k
Funding arb · Price arb /

ANIME

all ANIME markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ANIME0.0033550.0100pay 0.0013% / 1h34m 36s$292K$87K3x
ShortBybit ANIMEUSDT0.0033580.0100get 0.0050% / 4h3h 34m$700K$276K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 45 min ago2.97 bp25.9 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 15 min ago2.97 bp56.6 bp −$57208.0 bp −$2,080doesn't fitdoesn't fit

ANIME on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ANIMEUSD+0.0005%1h0.003359+0.126%$33K$1K10xas long as short
Hyperliquid ANIMElong+0.0100%1h0.003355long leg$292K$87K3x
Aster ANIMEUSDT+0.0100%4h0.003360+0.137%$27K$3K5xas long as short
Binance ANIMEUSDT+0.0100%4h0.003357+0.060%$1.3M$1.6M20xas long as short
Bybit ANIMEUSDTshort+0.0100%4h0.003358+0.089%$700K$276K25x
OKX ANIME-USDT-SWAP+0.0100%4h0.003352−0.089%$428K$519K20xas long as short
Gate ANIME_USDT+0.0100%4h0.003356+0.030%$139K$58K25xas long as short
MEXC ANIME_USDT+0.0100%4h0.003357+0.060%$208K$88K20xas long as short
KuCoin ANIMEUSDTM+0.0100%4h0.003358+0.089%$435K$57K20xas long as short
Bitget ANIMEUSDT+0.0100%4h0.003358+0.089%$851K$150K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ANIME-USDT+0.0100%4h0.003360+0.149%$6.5Mas long as short
Variational Omni ANIME+0.0100%4h0.003358+0.102%$11K$553as long as short
GMX ANIME/USD [ANIME-USDC]L +0.0497% / S −0.2017%1h0.0033550.000%$820100xas long as short