Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.105%
Price spread now: Bybit against Hyperliquid−0.068%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$398as in the Funding arb table
Net, price: spread back to 7d avg − costs−$390as in the Price arb table
costs, in and out, $10k−$3793.786% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.068%, 7d avg +0.049%
=Together, before fees+0.015%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 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 0.118% cheaper against Hyperliquid than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BANANA | 4.0608 | 0.0100 | pay 0.0013% / 1h | 52m 42s | $176K | $59K | 3x |
| Short | Bybit BANANAUSDT | 4.0580 | 0.0100 | get 0.0050% / 4h | 52m 42s | $410K | $340K | 25x |
Hyperliquid BANANA
Bybit BANANAUSDTFunding 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: −0.068% → +0.049%
- −$11.77
- Slippage, 4 orders
- −$358.63
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$390.4
- Costs to cover
- 3.786%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 40 min ago; Bybit: live order book, 45 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, 40 min ago | 1.23 bp | 30.1 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 45 min ago | 6.13 bp | 148.4 bp −$148 | doesn't fit | doesn't fit | doesn't fit |
BANANA on 10 exchanges
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 BANANA-USDT | +0.0043% | 4h | 4.0610 | +0.005% | $110K | $13K | 25x | as long as short |
| Hyperliquid BANANAlong | +0.0100% | 1h | 4.0608 | long leg | $176K | $59K | 3x | |
| Binance BANANAUSDT | +0.0100% | 4h | 4.0556 | −0.128% | $1.7M | $1.3M | 25x | as long as short |
| Bybit BANANAUSDTshort | +0.0100% | 4h | 4.0580 | −0.068% | $410K | $340K | 25x | |
| Gate BANANA_USDT | +0.0100% | 8h | 4.0580 | −0.068% | $63K | $44K | 25x | as long as short |
| MEXC BANANA_USDT | +0.0100% | 4h | 4.0560 | −0.118% | $548K | $165K | 20x | as long as short |
| KuCoin BANANAUSDTM | +0.0100% | 4h | 4.0670 | +0.153% | $157K | $32K | 20x | as long as short |
| Bitget BANANAUSDT | +0.0100% | 4h | 4.0580 | −0.068% | $257K | $30K | 20x | as long as short |
| BingX BANANA-USDT | +0.0100% | 4h | 4.0570 | −0.093% | — | $13.7M | — | as long as short |
| Kraken Futures PF_BANANAUSD | +0.0413% | 1h | 4.0588 | −0.049% | $7K | $199 | 10x | as long as short |
BloFin BANANA-USDT
Binance BANANAUSDT
Gate BANANA_USDT
MEXC BANANA_USDT
KuCoin BANANAUSDTM
Bitget BANANAUSDT
BingX BANANA-USDT
Kraken Futures PF_BANANAUSD