Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Hyperliquid+0.267%7-day average +0.070% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.267%, 7d avg +0.070%
=Together, before fees−0.122%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 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: Bybit is 0.197% dearer against Hyperliquid than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ME | 0.07487 | 0.0100 | pay 0.0013% / 1h | 57m 14s | $237K | $100K | 3x |
| Short | Bybit MEUSDT | 0.07507 | 0.0100 | get 0.0050% / 4h | 57m 14s | $1.5M | $761K | 25x |
Hyperliquid ME
Bybit MEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Hyperliquid. 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: +0.267% → +0.070%
- $19.72
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$0.28
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 32 min ago; Bybit: live order book, 4 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 Hyperliquid live order book, 32 min ago | 2.67 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.37 bp | 42.5 bp −$43 | 221.1 bp −$2,211 | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0081% | 4h | 0.07450 | −0.494% | $110K | $8K | 50x | as long as short |
| Hyperliquid MElong | +0.0100% | 1h | 0.07487 | long leg | $237K | $100K | 3x | |
| Aster MEUSDT | +0.0100% | 4h | 0.07480 | −0.088% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07502 | +0.195% | $2.1M | $4.0M | 50x | as long as short |
| Bybit MEUSDTshort | +0.0100% | 4h | 0.07507 | +0.267% | $1.5M | $761K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07508 | +0.280% | $493K | $1.1M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07470 | −0.227% | $190K | $70K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07503 | +0.214% | $498K | $130K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07506 | +0.254% | $208K | $29K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07509 | +0.294% | $651K | $421K | 25x | as long as short |
BloFin ME-USDT
Aster MEUSDT
Binance MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07505 | +0.240% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07452 | −0.468% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07486 | −0.009% | $26K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP