Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit+0.071%7-day average −0.110% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)−0.273%−$27 · spread now +0.071%, 7d avg −0.110%
=Together, before fees−0.317%+ Points / potential airdropHyperliquid: Season 2 · farm board−$32 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 0.181% dearer against Bybit than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTAUSDT | 0.04790 | 0.0100 | pay 0.0100% / 8h | 2h 58m | $2.2M | $1.4M | 75x |
| Short | Hyperliquid IOTA | 0.04793 | 0.0100 | get 0.0013% / 1h | 58m 24s | $827K | $293K | 3x |
Funding 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: +0.071% → −0.110%
- $18.05
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$1.95
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Hyperliquid: live order book, 26 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 Bybit live order book, 3 min ago | 3.13 bp | 27.1 bp −$27 | 436.6 bp −$4,366 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 26 min ago | 1.67 bp | 51.4 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
IOTA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0668% | 1h | 0.04801 | +0.224% | $18K | $18K | 10x | as long as short |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04793 | +0.071% | $827K | $293K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04794 | +0.084% | $3.4M | $6.5M | 75x | as long as short |
| Bybit IOTAUSDTlong | +0.0100% | 8h | 0.04790 | long leg | $2.2M | $1.4M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04790 | 0.000% | $562K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04793 | +0.063% | $882K | $177K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04793 | +0.063% | $597K | $184K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04793 | +0.063% | $1.7M | $629K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04793 | +0.063% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04804 | +0.283% | $38K | $36K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0103% | 8h | 0.04798 | +0.167% | $170K | $36K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0634% | 8h | 0.04798 | +0.167% | $2.7M | $225K | 30x | as long as short |
Bybit IOTAUSDT
Hyperliquid IOTA
Kraken Futures PF_IOTAUSD
Binance IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDT
KuCoin IOTAUSDTM