Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Hyperliquid+0.065%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1391.393% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.065%, 7d avg +0.034%
=Together, before fees+0.029%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 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 0.032% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BABY | 0.01223 | 0.0100 | pay 0.0013% / 1h | 50m 10s | $123K | $94K | 3x |
| Short | Bybit BABYUSDT | 0.01224 | 0.0100 | get 0.0050% / 4h | 1h 50m | $801K | $782K | 25x |
Hyperliquid BABY
Bybit BABYUSDTFunding 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: +0.065% → +0.034%
- $3.15
- Slippage, 4 orders
- −$119.31
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.16
- Costs to cover
- 1.393%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 19 min ago; Bybit: live order book, 30 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, 19 min ago | 2.04 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 30 min ago | 3.67 bp | 45.7 bp −$46 | 248.6 bp −$2,486 | doesn't fit | doesn't fit |
BABY on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BABY-USDT | +0.0047% | 4h | 0.01227 | +0.286% | $252K | $25K | 50x | as long as short |
| Hyperliquid BABYlong | +0.0100% | 1h | 0.01223 | long leg | $123K | $94K | 3x | |
| Aster BABYUSDT | +0.0100% | 4h | 0.01225 | +0.116% | $5K | $9K | 5x | as long as short |
| Binance BABYUSDT | +0.0100% | 4h | 0.01224 | +0.041% | $3.3M | $4.1M | 50x | as long as short |
| Bybit BABYUSDTshort | +0.0100% | 4h | 0.01224 | +0.065% | $801K | $782K | 25x | |
| OKX BABY-USDT-SWAP | +0.0100% | 4h | 0.01223 | −0.049% | $361K | $518K | 10x | as long as short |
| Gate BABY_USDT | +0.0100% | 4h | 0.01224 | +0.041% | $145K | $109K | 50x | as long as short |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01223 | −0.041% | $1.1M | $136K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01223 | −0.041% | $428K | $51K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01225 | +0.123% | $522K | $168K | 50x | as long as short |
BloFin BABY-USDT
Aster BABYUSDT
Binance BABYUSDT
OKX BABY-USDT-SWAP
Gate BABY_USDT
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BABY-USDT | +0.0100% | 4h | 0.01225 | +0.123% | — | $6.5M | — | as long as short |
| Extended BABY-USD | +0.0104% | 1h | 0.01224 | +0.025% | $4K | $215K | 5x | as long as short |
BingX BABY-USDT
Extended BABY-USD