Settings8H · net · $10k
Funding arb · Price arb /

HYPER

all HYPER markets
SwapBacktest
Alert: funding
Alert: spread
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: Bitget against Bybit+0.040%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1171.168% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.040%, 7d avg +0.032%
Together, before fees+0.007%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HYPERUSDT0.075260.0100pay 0.0050% / 4h6m 56s$1.2M$785K25x
ShortBitget HYPERUSDT0.075290.0100get 0.0050% / 4h6m 56s$314K$279K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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% → +0.032%
$0.79
Slippage, 4 orders
−$93.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$116.02
Costs to cover
1.168%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 43 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago2.65 bp25.5 bp −$25399.9 bp −$3,999doesn't fitdoesn't fit
Sell Bitget live order book, 43 min ago9.99 bp34.1 bp −$34132.4 bp −$1,324doesn't fitdoesn't fit

HYPER on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HYPERUSDTM+0.0098%4h0.07534+0.106%$105K$83K30xas long as short
Hyperliquid HYPER+0.0100%1h0.07527+0.011%$71K$130K3xas long as short
Aster HYPERUSDT+0.0100%4h0.07535+0.115%$21K$4K5xas long as short
Binance HYPERUSDT+0.0100%4h0.07525−0.013%$2.0M$2.2M50xas long as short
Bybit HYPERUSDTlong+0.0100%4h0.07526long leg$1.2M$785K25x
Gate HYPER_USDT+0.0100%4h0.07530+0.053%$87K$42K50xas long as short
MEXC HYPER_USDT+0.0100%4h0.07528+0.027%$237K$132K20xas long as short
Bitget HYPERUSDTshort+0.0100%4h0.07529+0.040%$314K$279K50x
Variational Omni HYPER+0.0100%4h0.07534+0.108%$6K$1Kas long as short
BloFin HYPER-USDT+0.0159%4h0.07538+0.159%$193K$21K50xas long as short