Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit+0.117%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2322.319% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.117%, 7d avg +0.077%
=Together, before fees−0.051%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 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 0.040% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CELOUSDT | 0.09422 | 0.0100 | pay 0.0100% / 8h | 3h 36m | $1.3M | $911K | 50x |
| Short | Hyperliquid CELO | 0.09433 | 0.0100 | get 0.0013% / 1h | 36m 18s | $206K | $212K | 3x |
Funding 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: +0.117% → +0.077%
- $4.02
- Slippage, 4 orders
- −$211.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$227.83
- Costs to cover
- 2.319%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Hyperliquid: live order book, 43 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, 4 min ago | 4.77 bp | 72.3 bp −$72 | 393.0 bp −$3,930 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 43 min ago | 3.12 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
CELO on 13 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_CELOUSD | −0.1174% | 1h | 0.09440 | +0.192% | $19K | $8K | 10x | as long as short |
| Variational Omni CELO | −0.0039% | 8h | 0.09428 | +0.067% | $10K | $462 | — | as long as short |
| BloFin CELO-USDT | +0.0075% | 8h | 0.09436 | +0.149% | $99K | $20K | 75x | as long as short |
| Hyperliquid CELOshort | +0.0100% | 1h | 0.09433 | +0.117% | $206K | $212K | 3x | |
| Binance CELOUSDT | +0.0100% | 8h | 0.09433 | +0.113% | $1.9M | $3.8M | 50x | as long as short |
| Bybit CELOUSDTlong | +0.0100% | 8h | 0.09422 | long leg | $1.3M | $911K | 50x | |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09421 | −0.011% | $483K | $882K | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09440 | +0.191% | $138K | $77K | 50x | as long as short |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09424 | +0.021% | $593K | $262K | 50x | as long as short |
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09450 | +0.297% | $327K | $270K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CELOUSDT | +0.0100% | 8h | 0.09428 | +0.064% | $852K | $432K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09436 | +0.149% | — | $2.4M | — | as long as short |
| Injective CELO/USDC PERP | +0.5000% | 1h | 0.1000 | +6.135% | $754 | $965 | 5.5x | as long as short |
Bybit CELOUSDT
Hyperliquid CELO
Kraken Futures PF_CELOUSD
Variational Omni CELO
BloFin CELO-USDT
Binance CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
MEXC CELO_USDT
KuCoin CELOUSDTM
Bitget CELOUSDT
BingX CELO-USDT
Injective CELO/USDC PERP