Funding you earn now, next payment 02:00 UTC+0.0374%/8h= +41.0% APRpaid last 24h +0.037%
Price spread now: Hyperliquid against Bybit+0.042%7-day average +0.083% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now +0.042%, 7d avg +0.083%
=Together, before fees+0.083%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.041% cheaper against Bybit than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.083%). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.050% in total) that is about 5.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% 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 | Bybit DASHUSDT | 59.060 | 0.0100 | pay 0.0100% / 8h | 6h 51m | $10.4M | $18.1M | 75x |
| Short | Hyperliquid DASH | 59.085 | 0.0474 | get 0.0059% / 1h | 51m 48s | $4.5M | $2.3M | 5x |
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
- $78.62
- Price spread: +0.042% → +0.083%
- −$4.09
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $54.53
- Costs to cover
- 0.200%
- Break-even
- 2.1 days
Slippage unknown: Bybit: live order book, 2 min ago; Hyperliquid: live order book, 10 min ago. Net counts fees only.
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, 2 min ago | 0.85 bp | 9.8 bp −$10 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.27 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
DASH on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DASH_USDC-PERPETUAL | 0.0000% | 1h | 59.050 | −0.017% | $236 | $2K | 50x | as long as short |
| Injective DASH/USDC PERP | +0.0033% | 1h | 58.850 | −0.356% | $7 | $134K | 5.5x | as long as short |
| Lighter DASH | +0.0096% | 1h | 58.985 | −0.127% | $122K | $107K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 59.077 | +0.029% | $136K | $337K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.064 | +0.007% | $28.2M | $83.7M | 75x | as long as short |
| Bybit DASHUSDTlong | +0.0100% | 8h | 59.060 | long leg | $10.4M | $18.1M | 75x | |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 59.000 | −0.102% | $5.4M | $26.3M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.090 | +0.051% | $1.8M | $2.5M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 59.080 | +0.034% | $21.8M | $10.4M | 100x | as long as short |
| KuCoin DASHUSDTM | +0.0100% | 8h | 59.100 | +0.068% | $8.2M | $3.7M | 30x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DASHUSDT | +0.0100% | 8h | 59.020 | −0.068% | $6.4M | $2.7M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 59.080 | +0.034% | — | $7.0M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 58.566 | −0.837% | $308K | $271K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.100 | +0.068% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.055 | −0.008% | $271K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.050 | −0.017% | $123K | $190K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.060 | 0.000% | $11K | $216K | 10x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 58.790 | −0.457% | $2.8M | $1.2M | 75x | as long as short |
| Coinbase International DASH-PERP-INTX | +0.0352% | 1h | 58.840 | −0.373% | $99K | $215K | 25x | as long as short |
| Hyperliquid DASHshort | +0.0474% | 1h | 59.085 | +0.042% | $4.5M | $2.3M | 5x | |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0542% / S −0.0499% | 1h | 59.061 | +0.001% | $143K | — | 50x | as long as short |
| Kraken Futures PF_DASHUSD | +0.0913% | 1h | 59.112 | +0.089% | $723K | $2.8M | 25x | as long as short |
Bybit DASHUSDT
Hyperliquid DASH
Deribit DASH_USDC-PERPETUAL
Injective DASH/USDC PERP
Lighter DASH
Aster DASHUSDT
Binance DASHUSDT
OKX DASH-USDT-SWAP
Gate DASH_USDT
MEXC DASH_USDT
KuCoin DASHUSDTM
Bitget DASHUSDT
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
HTX DASH-USDT
Extended DASH-USD
BloFin DASH-USDT
Coinbase International DASH-PERP-INTX
GMX DASH/USD [WBTC.b-USDC]
Kraken Futures PF_DASHUSD