Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Bybit against Hyperliquid−0.048%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$890.895% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now −0.048%, 7d avg −0.109%
=Together, before fees−0.083%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 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: Bybit is 0.061% dearer against Hyperliquid than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid APE | 0.1460 | 0.0100 | pay 0.0013% / 1h | 52m 10s | $1.3M | $364K | 5x |
| Short | Bybit APEUSDT | 0.1459 | 0.0100 | get 0.0100% / 8h | 1h 52m | $3.7M | $2.5M | 50x |
Hyperliquid APE
Bybit APEUSDTFunding 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: −0.048% → −0.109%
- $6.09
- Slippage, 4 orders
- −$69.48
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$83.38
- Costs to cover
- 0.895%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Bybit: live order book, 5 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, 8 min ago | 1.03 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.37 bp | 25.7 bp −$26 | 54.8 bp −$548 | 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 | −0.0429% | 1h | 0.1458 | −0.163% | $409K | $571K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1458 | −0.135% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.410% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.616% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0096% | 8h | 0.1464 | +0.274% | $223K | $48K | 75x | as long as short |
| Hyperliquid APElong | +0.0100% | 1h | 0.1460 | long leg | $1.3M | $364K | 5x | |
| Aster APEUSDT | +0.0100% | 8h | 0.1460 | −0.007% | $121K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1459 | −0.091% | $4.1M | $6.1M | 50x | as long as short |
| Bybit APEUSDTshort | +0.0100% | 8h | 0.1459 | −0.048% | $3.7M | $2.5M | 50x | |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1458 | −0.110% | $1.3M | $1.3M | 20x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
BloFin APE-USDT
Aster APEUSDT
Binance APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1460 | 0.000% | $630K | $290K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1459 | −0.068% | $3.8M | $843K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1459 | −0.068% | $1.8M | $1.8M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1459 | −0.068% | $2.1M | $538K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1460 | 0.000% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1459 | −0.067% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1459 | −0.101% | $4K | $220K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0436% | 1h | 0.1459 | −0.068% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0688% | 1h | 0.1470 | +0.685% | $99K | $7K | 25x | as long as short |
| dYdX APE-USD | +0.1222% | 1h | 0.1457 | −0.172% | $9K | $5 | 5x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX
dYdX APE-USD