Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Hyperliquid−0.107%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2222.217% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.107%, 7d avg −0.075%
=Together, before fees+0.058%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 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 0.032% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CELO | 0.09432 | 0.0100 | pay 0.0013% / 1h | 6m 07s | $206K | $220K | 3x |
| Short | Bybit CELOUSDT | 0.09422 | 0.0100 | get 0.0100% / 8h | 4h 06m | $1.3M | $905K | 50x |
Hyperliquid CELO
Bybit CELOUSDTFunding 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: −0.107% → −0.075%
- −$3.16
- Slippage, 4 orders
- −$201.66
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$224.83
- Costs to cover
- 2.217%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 13 min ago; Bybit: live order book, 5 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, 13 min ago | 3.12 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.76 bp | 93.4 bp −$93 | 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 | −0.1417% | 1h | 0.09445 | +0.142% | $19K | $8K | 10x | as long as short |
| Variational Omni CELO | −0.0036% | 8h | 0.09422 | −0.109% | $10K | $462 | — | as long as short |
| BloFin CELO-USDT | +0.0083% | 8h | 0.09472 | +0.423% | $100K | $20K | 75x | as long as short |
| Hyperliquid CELOlong | +0.0100% | 1h | 0.09432 | long leg | $206K | $220K | 3x | |
| Binance CELOUSDT | +0.0100% | 8h | 0.09438 | +0.059% | $1.9M | $3.9M | 50x | as long as short |
| Bybit CELOUSDTshort | +0.0100% | 8h | 0.09422 | −0.107% | $1.3M | $905K | 50x | |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09429 | −0.033% | $486K | $896K | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09459 | +0.285% | $135K | $79K | 50x | as long as short |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09429 | −0.033% | $593K | $267K | 50x | as long as short |
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09460 | +0.296% | $327K | $270K | 50x | as long as short |
Kraken Futures PF_CELOUSD
Variational Omni CELO
BloFin CELO-USDT
Binance CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
MEXC CELO_USDT
KuCoin CELOUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CELOUSDT | +0.0100% | 8h | 0.09435 | +0.031% | $855K | $431K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09437 | +0.052% | — | $2.4M | — | as long as short |
| Injective CELO/USDC PERP | +0.5000% | 1h | 0.1003 | +6.339% | $756 | $903 | 5.5x | as long as short |
Bitget CELOUSDT
BingX CELO-USDT
Injective CELO/USDC PERP