Funding you earn now, next payment 05:00 UTC−0.1077%/8h= −117.9% APRpaid last 24h −0.250%
Price spread now: Bybit against Hyperliquid−0.083%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$970.970% of the position
Funding, last 7 days−0.481%−$48 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.083%, 7d avg −0.074%
=Together, before fees−0.453%+ Points / potential airdropHyperliquid: Season 2 · farm board−$45 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: −$32 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.481% in total (about -25.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BSV | 19.295 | 0.1177 | pay 0.0147% / 1h | 34m 41s | $699K | $287K | 3x |
| Short | Bybit BSVUSDT | 19.279 | 0.0100 | get 0.0050% / 4h | 3h 34m | $1.6M | $1.2M | 75x |
Hyperliquid BSV
Bybit BSVUSDTFunding 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
- −$226.16
- Price spread: −0.083% → −0.074%
- −$0.9
- Slippage, 4 orders
- −$76.96
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$324.02
- Costs to cover
- 0.970%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 55 min ago; Bybit: live order book, 2 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, 55 min ago | 3.87 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.16 bp | 32.3 bp −$32 | 251.2 bp −$2,512 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSVUSDT | +0.0100% | 4h | 19.290 | −0.026% | $1.9M | $3.9M | 75x | as long as short |
| Bybit BSVUSDTshort | +0.0100% | 4h | 19.279 | −0.083% | $1.6M | $1.2M | 75x | |
| Gate BSV_USDT | +0.0100% | 4h | 19.230 | −0.337% | $1.8M | $2.5M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 19.280 | −0.078% | $2.6M | $657K | 125x | as long as short |
| KuCoin BSVUSDTM | +0.0100% | 4h | 19.290 | −0.026% | $679K | $86K | 30x | as long as short |
| Bitget BSVUSDT | +0.0100% | 4h | 19.250 | −0.233% | $2.0M | $800K | 75x | as long as short |
| BingX BSV-USDT | +0.0100% | 4h | 19.220 | −0.389% | — | $2.4M | — | as long as short |
| BloFin BSV-USDT | +0.0150% | 4h | 19.270 | −0.130% | $126K | $210K | 75x | as long as short |
| Hyperliquid BSVlong | +0.1177% | 1h | 19.295 | long leg | $699K | $287K | 3x | |
| Injective BSV/USDC PERP | +0.1376% | 1h | 19.240 | −0.285% | $4K | $93K | 5.5x | as long as short |
Binance BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
KuCoin BSVUSDTM
Bitget BSVUSDT
BingX BSV-USDT
BloFin BSV-USDT
Injective BSV/USDC PERP