Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against Bybit+0.061%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$840.842% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now +0.061%, 7d avg +0.110%
=Together, before fees+0.062%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 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 0.048% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APEUSDT | 0.1471 | 0.0100 | pay 0.0100% / 8h | 6h 56m | $3.6M | $3.0M | 50x |
| Short | Hyperliquid APE | 0.1472 | 0.0100 | get 0.0013% / 1h | 56m 59s | $1.3M | $387K | 5x |
Bybit APEUSDT
Hyperliquid APEFunding 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: +0.061% → +0.110%
- −$4.85
- Slippage, 4 orders
- −$64.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$89.1
- Costs to cover
- 0.842%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Hyperliquid: live order book, 3 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, 5 min ago | 0.68 bp | 22.4 bp −$22 | 49.7 bp −$497 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.70 bp | 22.0 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
APE on 20 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_APEUSD | −0.0224% | 1h | 0.1472 | +0.030% | $408K | $611K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1473 | +0.090% | $1K | — | 100x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1472 | +0.072% | $9K | $5 | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.060% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1472 | +0.048% | $11K | $18K | 25x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.341% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0093% | 8h | 0.1471 | −0.020% | $221K | $53K | 75x | as long as short |
| Hyperliquid APEshort | +0.0100% | 1h | 0.1472 | +0.061% | $1.3M | $387K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1473 | +0.119% | $122K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1470 | −0.088% | $4.1M | $6.5M | 50x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
dYdX APE-USD
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
Injective APE/USDC PERP
BloFin APE-USDT
Aster APEUSDT
Binance APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEUSDTlong | +0.0100% | 8h | 0.1471 | long leg | $3.6M | $3.0M | 50x | |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1471 | −0.014% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1471 | −0.007% | $628K | $293K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1470 | −0.088% | $4.3M | $879K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1470 | −0.088% | $1.8M | $2.4M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1472 | +0.048% | $2.1M | $571K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1471 | −0.020% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1471 | −0.001% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1471 | −0.045% | $4K | $205K | 10x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0904% | 1h | 0.1490 | +1.271% | $100K | $7K | 25x | as long as short |
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Coinbase International APE-PERP-INTX