Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.054%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.054%, 7d avg −0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.088% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HYPERUSDT | 0.07454 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $311K | $262K | 50x |
| Short | Bybit HYPERUSDT | 0.07458 | 0.0100 | get 0.0050% / 4h | 2h 19m | $1.2M | $706K | 25x |
Bitget HYPERUSDT
Bybit HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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: +0.054% → −0.034%
- $8.75
- Slippage, 4 orders
- −$86.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$100.57
- Costs to cover
- 1.093%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 63 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 Bitget live order book, 63 min ago | 4.71 bp | 21.7 bp −$22 | 74.1 bp −$741 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.36 bp | 23.4 bp −$23 | 260.8 bp −$2,608 | doesn't fit | doesn't fit |
HYPER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPER_USDT | −0.0118% | 4h | 0.07450 | −0.054% | $91K | $46K | 50x | as long as short |
| KuCoin HYPERUSDTM | −0.0022% | 4h | 0.07441 | −0.174% | $132K | $93K | 30x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07455 | +0.007% | $72K | $121K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07457 | +0.046% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07456 | +0.027% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDTshort | +0.0100% | 4h | 0.07458 | +0.054% | $1.2M | $706K | 25x | |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07450 | −0.054% | $259K | $131K | 20x | as long as short |
| Bitget HYPERUSDTlong | +0.0100% | 4h | 0.07454 | long leg | $311K | $262K | 50x | |
| Variational Omni HYPER | +0.0100% | 4h | 0.07459 | +0.062% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0108% | 4h | 0.07448 | −0.080% | $189K | $23K | 50x | as long as short |
Gate HYPER_USDT
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
MEXC HYPER_USDT
Variational Omni HYPER
BloFin HYPER-USDT