Funding you earn now, next payment 04:00 UTC+0.0762%/8h= +83.5% APRpaid last 24h +0.397%
Price spread now: Hyperliquid against Bybit+0.130%7-day average +0.134% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.567%+$57 on $10k
+Price spread, last 7 days+0.001%$0 · spread now +0.130%, 7d avg +0.134%
=Together, before fees+0.568%+ Points / potential airdropHyperliquid: Season 2 · farm board+$57 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.134%, so right now this pair is about funding alone: +$23 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NILUSDT | 0.07138 | 0.0100 | pay 0.0050% / 4h | 57m 14s | $3.9M | $13.9M | 20x |
| Short | Hyperliquid NIL | 0.07147 | 0.0862 | get 0.0108% / 1h | 57m 14s | $4.5M | $4.6M | 3x |
Bybit NILUSDT
Hyperliquid NILFunding 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
- $160.04
- Price spread: +0.130% → +0.134%
- −$0.41
- 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
- $139.63
- Costs to cover
- 0.200%
- Break-even
- 0.9 days
Slippage unknown: Bybit: live order book, 1 min ago; Hyperliquid: 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 Bybit live order book, 1 min ago | 2.81 bp | 43.0 bp −$43 | 211.1 bp −$2,111 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 2.71 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
NIL 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0054% | 4h | 0.07129 | −0.126% | $362K | $128K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.07129 | −0.119% | $23K | $329K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07133 | −0.074% | $5.5M | $75.3M | 50x | as long as short |
| Bybit NILUSDTlong | +0.0100% | 4h | 0.07138 | long leg | $3.9M | $13.9M | 20x | |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07130 | −0.112% | $2.4M | $4.3M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07133 | −0.070% | $594K | $712K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07142 | +0.056% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07129 | −0.126% | — | $8.4M | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07126 | −0.165% | $22K | $91K | 5x | as long as short |
| Gate NIL_USDT | +0.0136% | 4h | 0.07137 | −0.014% | $463K | $1.9M | 50x | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USD
Gate NIL_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NIL | +0.0155% | 4h | 0.07184 | +0.638% | $185K | $280K | — | as long as short |
| Hyperliquid NILshort | +0.0862% | 1h | 0.07147 | +0.130% | $4.5M | $4.6M | 3x |
Variational Omni NIL