Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit−0.013%7-day average +0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1231.226% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.013%, 7d avg +0.094%
=Together, before fees+0.137%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 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 0.107% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000LUNCUSDT | 0.00005471 | 0.0100 | pay 0.0100% / 8h | 6h 10m | $2.0M | $744K | 25x |
| Short | Hyperliquid kLUNC | 0.00005470 | 0.0100 | get 0.0013% / 1h | 10m 36s | $286K | $107K | 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: −0.013% → +0.094%
- −$10.66
- Slippage, 4 orders
- −$102.58
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$133.24
- Costs to cover
- 1.226%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Hyperliquid: live order book, 29 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, 1 min ago | 3.66 bp | 33.9 bp −$34 | 153.7 bp −$1,537 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 29 min ago | 1.28 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
LUNC 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDT | −0.0504% | 8h | 0.00005456 | −0.274% | $16.9M | $1.4M | 200x | as long as short |
| Hyperliquid kLUNCshort | +0.0100% | 1h | 0.00005470 | −0.013% | $286K | $107K | 3x | |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005465 | −0.110% | $48K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005463 | −0.146% | $4.1M | $7.8M | 75x | as long as short |
| Bybit 1000LUNCUSDTlong | +0.0100% | 8h | 0.00005471 | long leg | $2.0M | $744K | 25x | |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005472 | +0.018% | $388K | $240K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005460 | −0.201% | $1.1M | $576K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005471 | 0.000% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005462 | −0.169% | $2K | — | 10x | as long as short |
| KuCoin LUNCUSDTM | +0.1112% | 8h | 0.00005465 | −0.119% | $1.7M | $649K | 50x | as long as short |
Bybit 1000LUNCUSDT
Hyperliquid kLUNC
MEXC LUNC_USDT
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USD
KuCoin LUNCUSDTM