Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit+0.109%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1061.061% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now +0.109%, 7d avg −0.038%
=Together, before fees−0.155%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 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 0.146% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BIGTIMEUSDT | 0.008291 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $677K | $609K | 25x |
| Short | Hyperliquid BIGTIME | 0.008300 | 0.0100 | get 0.0013% / 1h | 11m 41s | $126K | $97K | 3x |
Bybit BIGTIMEUSDT
Hyperliquid BIGTIMEFunding 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: +0.109% → −0.038%
- $14.64
- Slippage, 4 orders
- −$86.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$91.45
- Costs to cover
- 1.061%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 49 min ago; Hyperliquid: live order book, 27 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, 49 min ago | 4.84 bp | 32.3 bp −$32 | 53.8 bp −$538 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 27 min ago | 1.81 bp | 15.9 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
BIGTIME on 11 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_BIGTIMEUSD | −0.0288% | 1h | 0.008293 | +0.028% | $8K | $5K | 10x | as long as short |
| Hyperliquid BIGTIMEshort | +0.0100% | 1h | 0.008300 | +0.109% | $126K | $97K | 3x | |
| Binance BIGTIMEUSDT | +0.0100% | 4h | 0.008290 | −0.009% | $1.8M | $2.3M | 50x | as long as short |
| Bybit BIGTIMEUSDTlong | +0.0100% | 4h | 0.008291 | long leg | $677K | $609K | 25x | |
| OKX BIGTIME-USDT-SWAP | +0.0100% | 4h | 0.008275 | −0.193% | $437K | $402K | 10x | as long as short |
| Gate BIGTIME_USDT | +0.0100% | 4h | 0.008284 | −0.084% | $59K | $31K | 50x | as long as short |
| MEXC BIGTIME_USDT | +0.0100% | 4h | 0.008295 | +0.048% | $466K | $193K | 125x | as long as short |
| KuCoin BIGTIMEUSDTM | +0.0100% | 4h | 0.008284 | −0.084% | $244K | $26K | 20x | as long as short |
| Bitget BIGTIMEUSDT | +0.0100% | 4h | 0.008303 | +0.145% | $596K | $230K | 50x | as long as short |
| BingX BIGTIME-USDT | +0.0100% | 4h | 0.008292 | +0.012% | — | $2.3M | — | as long as short |
Kraken Futures PF_BIGTIMEUSD
Binance BIGTIMEUSDT
OKX BIGTIME-USDT-SWAP
Gate BIGTIME_USDT
MEXC BIGTIME_USDT
KuCoin BIGTIMEUSDTM
Bitget BIGTIMEUSDT
BingX BIGTIME-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BIGTIME | +0.0100% | 4h | 0.008291 | 0.000% | $10K | $1K | — | as long as short |
Variational Omni BIGTIME