Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.043%
Price spread now: Hyperliquid against Bybit+0.028%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$430.427% of the position
Funding, last 7 days+0.311%+$31 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now +0.028%, 7d avg +0.118%
=Together, before fees+0.334%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 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 0.090% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.118%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FILUSDT | 0.9861 | 0.0100 | pay 0.0100% / 8h | 7h 46m | $15.4M | $18.4M | 25x |
| Short | Hyperliquid FIL | 0.9864 | 0.0100 | get 0.0013% / 1h | 46m 18s | $8.5M | $9.5M | 5x |
Bybit FILUSDT
Hyperliquid FILFunding 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: +0.028% → +0.118%
- −$8.98
- Slippage, 4 orders
- −$22.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$51.71
- Costs to cover
- 0.427%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Hyperliquid: 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 Bybit live order book, 2 min ago | 0.51 bp | 10.9 bp −$11 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.36 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
FIL 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 FIL_USDC-PERPETUAL | −0.0662% | 1h | 0.9858 | −0.030% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0333% | 1h | 0.9857 | −0.041% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9853 | −0.081% | $316K | $1.8M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0036% | 8h | 0.9862 | +0.010% | $7.4M | $7.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0031% | 8h | 0.9861 | 0.000% | $18.0M | $98.8M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9861 | +0.001% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9868 | +0.075% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0031% | 8h | 0.9858 | −0.030% | $57.0M | $179.0M | 75x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9859 | −0.024% | $690K | $2.8M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.061% | $2K | $240K | 12x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDT
Extended FIL-USD
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0055% | 8h | 0.9857 | −0.041% | $247K | $103K | 50x | as long as short |
| Bitget FILUSDT | +0.0055% | 8h | 0.9860 | −0.010% | $10.8M | $21.6M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9857 | −0.040% | $158K | $345K | 5x | as long as short |
| Hyperliquid FILshort | +0.0100% | 1h | 0.9864 | +0.028% | $8.5M | $9.5M | 5x | |
| Aster FILUSDT | +0.0100% | 8h | 0.9868 | +0.072% | $494K | $546K | 20x | as long as short |
| Bybit FILUSDTlong | +0.0100% | 8h | 0.9861 | long leg | $15.4M | $18.4M | 25x | |
| Gate FIL_USDT | +0.0100% | 8h | 0.9859 | −0.020% | $8.2M | $16.0M | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9856 | −0.051% | — | $12.0M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9868 | +0.071% | $440K | $278K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9853 | −0.076% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9863 | +0.017% | $288K | $816K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | −0.010% | $30K | $196K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9870 | +0.093% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.112% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9851 | −0.101% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9861 | 0.000% | $632K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | −0.112% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0122% | 8h | 0.9853 | −0.081% | $2.7M | $569K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0539% / S −0.0538% | 1h | 0.9861 | −0.001% | $196K | — | 100x | as long as short |
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Aster FILUSDT
Gate FIL_USDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]