Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Bybit against Hyperliquid−0.085%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$410.409% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now −0.085%, 7d avg −0.036%
=Together, before fees+0.085%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 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 0.050% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOT | 1.1699 | 0.0100 | pay 0.0013% / 1h | 32m 50s | $5.2M | $3.4M | 10x |
| Short | Bybit DOTUSDT | 1.1689 | 0.0100 | get 0.0100% / 8h | 2h 32m | $23.7M | $19.6M | 75x |
Hyperliquid DOT
Bybit DOTUSDTFunding 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: −0.085% → −0.036%
- −$4.96
- Slippage, 4 orders
- −$20.89
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$45.85
- Costs to cover
- 0.409%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Bybit: live order book, 1 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, 9 min ago | 1.70 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.86 bp | 14.5 bp −$15 | 24.9 bp −$249 | 76.5 bp −$7,648 | doesn't fit |
DOT on 29 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 DOT_USDC-PERPETUAL | −0.3330% | 1h | 1.1690 | −0.077% | $233K | $133K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0864% | 1h | 1.1680 | −0.162% | $172K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1675 | −0.205% | $253 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1696 | −0.025% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1685 | −0.120% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.744% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0092% | 1h | 1.1689 | −0.088% | $4.3M | $1.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1699 | 0.000% | $249K | $663K | 10x | as long as short |
| Hyperliquid DOTlong | +0.0100% | 1h | 1.1699 | long leg | $5.2M | $3.4M | 10x | |
| Aster DOTUSDT | +0.0100% | 8h | 1.1700 | +0.009% | $836K | $597K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
Lighter DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1699 | −0.004% | $42.8M | $86.3M | 75x | as long as short |
| Bybit DOTUSDTshort | +0.0100% | 8h | 1.1689 | −0.085% | $23.7M | $19.6M | 75x | |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1692 | −0.060% | $9.2M | $24.6M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1690 | −0.077% | $6.6M | $12.4M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1694 | −0.043% | $28.6M | $57.6M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1697 | −0.017% | $6.2M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1693 | −0.051% | $22.3M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1877 | +1.521% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1686 | −0.111% | $90K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1723 | +0.202% | $534K | $52K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1748 | +0.421% | $34K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1713 | +0.119% | $232K | $420K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1690 | −0.077% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1705 | +0.051% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1685 | −0.120% | $262K | $269K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1700 | +0.009% | $2.3M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1691 | −0.068% | $15K | $245K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1692 | −0.060% | $2.2M | $891K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1012% | 1h | 1.1684 | −0.130% | $22K | — | 100x | as long as short |
Binance DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]