Funding you earn now, next payment 03:00 UTC+0.0474%/8h= +52.0% APRpaid last 24h +0.244%
Price spread now: Hyperliquid against Bybit+0.296%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$930.932% of the position
Funding, last 7 days+0.455%+$45 on $10k
+Price spread, last 4 days (all we have)−0.234%−$23 · spread now +0.296%, 7d avg +0.069%
=Together, before fees+0.221%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Hyperliquid is 0.227% dearer against Bybit than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BSVUSDT | 19.051 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $1.6M | $1.0M | 75x |
| Short | Hyperliquid BSV | 19.107 | 0.0574 | get 0.0072% / 1h | 45m 34s | $620K | $262K | 3x |
Bybit BSVUSDT
Hyperliquid BSVFunding 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
- $99.64
- Price spread: +0.296% → +0.069%
- $22.67
- Slippage, 4 orders
- −$73.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $29.11
- Costs to cover
- 0.932%
- Break-even
- 5.0 days
Slippage from Bybit: live order book, 1 min ago; Hyperliquid: live order book, 64 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, 1 min ago | 5.52 bp | 26.8 bp −$27 | 248.4 bp −$2,484 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 64 min ago | 3.67 bp | 24.7 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
BSV on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BSV/USDC PERP | −0.5000% | 1h | 17.890 | −6.094% | $3K | $90K | 5.5x | as long as short |
| Binance BSVUSDT | +0.0100% | 4h | 19.075 | +0.123% | $1.8M | $3.5M | 75x | as long as short |
| Bybit BSVUSDTlong | +0.0100% | 4h | 19.051 | long leg | $1.6M | $1.0M | 75x | |
| Gate BSV_USDT | +0.0100% | 4h | 19.020 | −0.163% | $1.7M | $2.4M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 19.070 | +0.100% | $1.6M | $547K | 125x | as long as short |
| KuCoin BSVUSDTM | +0.0100% | 4h | 19.060 | +0.047% | $683K | $85K | 30x | as long as short |
| Bitget BSVUSDT | +0.0100% | 4h | 19.050 | −0.005% | $2.0M | $736K | 75x | as long as short |
| BingX BSV-USDT | +0.0100% | 4h | 19.030 | −0.110% | — | $2.4M | — | as long as short |
| BloFin BSV-USDT | +0.0157% | 4h | 19.000 | −0.268% | — | $209K | 75x | as long as short |
| Hyperliquid BSVshort | +0.0574% | 1h | 19.107 | +0.296% | $620K | $262K | 3x |
Injective BSV/USDC PERP
Binance BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
KuCoin BSVUSDTM
Bitget BSVUSDT
BingX BSV-USDT
BloFin BSV-USDT