Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.040%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1021.019% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.040%, 7d avg −0.051%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYPERUSDT | 0.07513 | 0.0100 | pay 0.0050% / 4h | 57m 57s | $1.2M | $822K | 25x |
| Short | Binance HYPERUSDT | 0.07510 | 0.0100 | get 0.0050% / 4h | 57m 57s | $2.0M | $2.3M | 50x |
Bybit HYPERUSDT
Binance HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.040% → −0.051%
- $1.11
- Slippage, 4 orders
- −$80.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$100.81
- Costs to cover
- 1.019%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 7 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, 3 min ago | 3.32 bp | 22.4 bp −$22 | 453.7 bp −$4,537 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.99 bp | 26.5 bp −$26 | 108.4 bp −$1,084 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTM | −0.0090% | 4h | 0.07515 | +0.027% | $106K | $89K | 30x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07527 | +0.188% | $71K | $135K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07527 | +0.182% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDTshort | +0.0100% | 4h | 0.07510 | −0.040% | $2.0M | $2.3M | 50x | |
| Bybit HYPERUSDTlong | +0.0100% | 4h | 0.07513 | long leg | $1.2M | $822K | 25x | |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07530 | +0.226% | $87K | $42K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07511 | −0.027% | $237K | $129K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07515 | +0.027% | $313K | $283K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07527 | +0.192% | $6K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0124% | 4h | 0.07529 | +0.213% | $195K | $21K | 50x | as long as short |
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT