Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Hyperliquid−0.106%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1161.164% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.080%+$8 · spread now −0.106%, 7d avg −0.048%
=Together, before fees+0.080%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 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 0.058% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid COMP | 22.584 | 0.0100 | pay 0.0013% / 1h | 16m 44s | $847K | $413K | 5x |
| Short | Bybit COMPUSDT | 22.560 | 0.0100 | get 0.0100% / 8h | 16m 44s | $3.8M | $1.9M | 75x |
Funding 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: −0.106% → −0.048%
- −$5.84
- Slippage, 4 orders
- −$96.36
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$122.2
- Costs to cover
- 1.164%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 53 min ago; Bybit: live order book, 6 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, 53 min ago | 1.11 bp | 23.6 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 4.43 bp | 35.9 bp −$36 | 90.9 bp −$909 | doesn't fit | doesn't fit |
COMP on 16 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_COMPUSD | −0.0723% | 1h | 22.608 | +0.105% | $227K | $92K | 20x | as long as short |
| Deribit COMP_USDC-PERPETUAL | −0.0636% | 1h | 22.550 | −0.151% | $329 | $327 | 50x | as long as short |
| dYdX COMP-USD | 0.0000% | 1h | 22.576 | −0.036% | $68K | — | 5x | as long as short |
| Injective COMP/USDC PERP | +0.0033% | 1h | 22.340 | −1.080% | $2K | $13K | 12x | as long as short |
| BloFin COMP-USDT | +0.0072% | 8h | 22.560 | −0.106% | $237K | $149K | 20x | as long as short |
| Hyperliquid COMPlong | +0.0100% | 1h | 22.584 | long leg | $847K | $413K | 5x | |
| Binance COMPUSDT | +0.0100% | 8h | 22.553 | −0.136% | $4.2M | $7.0M | 75x | as long as short |
| Bybit COMPUSDTshort | +0.0100% | 8h | 22.560 | −0.106% | $3.8M | $1.9M | 75x | |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.560 | −0.106% | $1.6M | $2.1M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.590 | +0.027% | $220K | $71K | 25x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC COMP_USDT | +0.0100% | 8h | 22.570 | −0.062% | $2.7M | $845K | 20x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.590 | +0.027% | $456K | $91K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.560 | −0.106% | $1.9M | $619K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.580 | −0.018% | — | $36.0M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.597 | +0.057% | $15K | $31K | — | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0136% | 1h | 22.730 | +0.646% | $17K | $51K | 25x | as long as short |
Hyperliquid COMP
Bybit COMPUSDT
Kraken Futures PF_COMPUSD
Deribit COMP_USDC-PERPETUAL
Injective COMP/USDC PERP
BloFin COMP-USDT
Binance COMPUSDT
OKX COMP-USDT-SWAP
Gate COMP_USDT
MEXC COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Coinbase International COMP-PERP-INTX