Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: Bybit against Hyperliquid−0.422%7-day average −0.095% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.115%−$12 on $10k
+Price spread, last 7 days+0.368%+$37 · spread now −0.422%, 7d avg −0.095%
=Together, before fees+0.253%+ Points / potential airdropHyperliquid: Season 2 · farm board+$25 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 0.327% cheaper against Hyperliquid than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of −0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HBAR | 0.09231 | 0.0100 | pay 0.0013% / 1h | 29m 35s | $8.8M | $3.0M | 5x |
| Short | Bybit HBARUSDT | 0.09192 | 0.0100 | get 0.0100% / 8h | 3h 29m | $32.9M | $37.2M | 75x |
Hyperliquid HBAR
Bybit HBARUSDTFunding 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: −0.422% → −0.095%
- −$32.72
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$52.72
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; Bybit: live order book, 5 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 Hyperliquid live order book, 3 min ago | 0.60 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.54 bp | 8.3 bp −$8 | 20.0 bp −$200 | 104.8 bp −$10.5K | doesn't fit |
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0724% | 1h | 0.09229 | −0.022% | $2K | $59K | 12x | as long as short |
| Gate HBAR_USDT | −0.0044% | 8h | 0.09214 | −0.184% | $2.4M | $3.7M | 75x | as long as short |
| Backpack HBAR_USDC_PERP | −0.0030% | 1h | 0.09223 | −0.087% | $30K | $124K | 15x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09224 | −0.079% | $8K | — | 150x | as long as short |
| KuCoin HBARUSDTM | +0.0008% | 8h | 0.09212 | −0.206% | $7.4M | $8.2M | 75x | as long as short |
| Extended HBAR-USD | +0.0032% | 1h | 0.09208 | −0.253% | $51K | $210K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0035% | 8h | 0.09210 | −0.227% | $22.9M | $23.3M | 200x | as long as short |
| Binance HBARUSDT | +0.0037% | 8h | 0.09205 | −0.278% | $34.7M | $111.4M | 75x | as long as short |
| Variational Omni HBAR | +0.0055% | 8h | 0.09218 | −0.137% | $1.0M | $208K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0074% | 8h | 0.09218 | −0.141% | $3K | $17K | 10x | as long as short |
Injective HBAR/USDC PERP
Gate HBAR_USDT
Backpack HBAR_USDC_PERP
gTrade (Gains Network) HBAR/USD
KuCoin HBARUSDTM
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Variational Omni HBAR
Orderly PERP_HBAR_USDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit HBAR_USDC-PERPETUAL | +0.0075% | 1h | 0.09229 | −0.022% | $508K | $152K | 50x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0086% | 8h | 0.09205 | −0.277% | $382K | $2.0M | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09223 | −0.087% | $219K | $2.2M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09210 | −0.227% | $566K | $592K | 5x | as long as short |
| Hyperliquid HBARlong | +0.0100% | 1h | 0.09231 | long leg | $8.8M | $3.0M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09216 | −0.163% | $216K | $452K | 50x | as long as short |
| Bybit HBARUSDTshort | +0.0100% | 8h | 0.09192 | −0.422% | $32.9M | $37.2M | 75x | |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09190 | −0.444% | $6.9M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09214 | −0.184% | $17.1M | $14.7M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09211 | −0.217% | — | $6.7M | — | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09205 | −0.282% | $147K | $699K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09221 | −0.108% | $428 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09238 | +0.076% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09224 | −0.076% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0139% | 8h | 0.09216 | −0.162% | $1.4M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0444% / S −0.0478% | 1h | 0.09222 | −0.101% | $103K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0491% | 1h | 0.09230 | −0.010% | $1.4M | $2.4M | 50x | as long as short |
| dYdX HBAR-USD | +0.4038% | 1h | 0.09222 | −0.100% | $30K | $4K | 5x | as long as short |
Deribit HBAR_USDC-PERPETUAL
GRVT HBAR_USDT_Perp
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Aster HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
dYdX HBAR-USD