Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit+0.004%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1041.037% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.004%, 7d avg −0.043%
=Together, before fees−0.191%+ Points / potential airdropHyperliquid: Season 2 · farm board−$19 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 0.047% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NEOUSDT | 2.4820 | 0.0100 | pay 0.0100% / 8h | 2h 40m | $1.6M | $866K | 75x |
| Short | Hyperliquid NEO | 2.4821 | 0.0100 | get 0.0013% / 1h | 40m 20s | $241K | $140K | 5x |
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: +0.004% → −0.043%
- $4.73
- Slippage, 4 orders
- −$83.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$98.94
- Costs to cover
- 1.037%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Hyperliquid: live order book, 43 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 | 4.03 bp | 26.0 bp −$26 | 789.4 bp −$7,894 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 43 min ago | 2.01 bp | 26.3 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
NEO 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_NEOUSD | −0.1088% | 1h | 2.4827 | +0.027% | $22K | $3K | 20x | as long as short |
| BloFin NEO-USDT | +0.0075% | 8h | 2.4830 | +0.040% | $149K | $75K | 75x | as long as short |
| Hyperliquid NEOshort | +0.0100% | 1h | 2.4821 | +0.004% | $241K | $140K | 5x | |
| Binance NEOUSDT | +0.0100% | 8h | 2.4810 | −0.040% | $3.1M | $4.5M | 75x | as long as short |
| Bybit NEOUSDTlong | +0.0100% | 8h | 2.4820 | long leg | $1.6M | $866K | 75x | |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.4800 | −0.081% | $337K | $569K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.4840 | +0.081% | $259K | $116K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.4810 | −0.040% | $2.8M | $633K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.4790 | −0.121% | $729K | $148K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.4780 | −0.161% | $1.6M | $281K | 75x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NEO-USDT | +0.0100% | 8h | 2.4820 | 0.000% | — | $2.4M | — | as long as short |
| Variational Omni NEO | +0.0100% | 8h | 2.4810 | −0.040% | $21K | $331 | — | as long as short |
Bybit NEOUSDT
Hyperliquid NEO
Kraken Futures PF_NEOUSD
BloFin NEO-USDT
Binance NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDT
Variational Omni NEO