Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Hyperliquid against Bybit+0.030%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1291.289% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.030%, 7d avg −0.012%
=Together, before fees−0.097%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 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 0.042% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NXPCUSDT | 0.2310 | 0.0100 | pay 0.0050% / 4h | 35m 33s | $1.1M | $499K | 25x |
| Short | Hyperliquid NXPC | 0.2311 | 0.0100 | get 0.0013% / 1h | 35m 33s | $304K | $101K | 3x |
Bybit NXPCUSDT
Hyperliquid NXPCFunding 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: +0.030% → −0.012%
- $4.24
- Slippage, 4 orders
- −$108.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$124.69
- Costs to cover
- 1.289%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Hyperliquid: live order book, 24 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, 5 min ago | 4.32 bp | 40.1 bp −$40 | 173.3 bp −$1,733 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 24 min ago | 1.51 bp | 31.9 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
NXPC 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX NXPC-USDT | +0.0070% | 4h | 0.2311 | +0.043% | — | $6.5M | — | as long as short |
| Hyperliquid NXPCshort | +0.0100% | 1h | 0.2311 | +0.030% | $304K | $101K | 3x | |
| Binance NXPCUSDT | +0.0100% | 4h | 0.2309 | −0.024% | $4.4M | $1.4M | 50x | as long as short |
| Bybit NXPCUSDTlong | +0.0100% | 4h | 0.2310 | long leg | $1.1M | $499K | 25x | |
| Gate NXPC_USDT | +0.0100% | 8h | 0.2311 | +0.043% | $55K | $18K | 50x | as long as short |
| MEXC NXPC_USDT | +0.0100% | 4h | 0.2309 | −0.043% | $421K | $94K | 100x | as long as short |
| KuCoin NXPCUSDTM | +0.0100% | 4h | 0.2314 | +0.173% | $527K | $51K | 50x | as long as short |
| Bitget NXPCUSDT | +0.0100% | 4h | 0.2308 | −0.087% | $365K | $289K | 50x | as long as short |
| Variational Omni NXPC | +0.0100% | 4h | 0.2308 | −0.098% | $29K | $582 | — | as long as short |
| ApeX Omni NXPCUSDT | +0.0100% | 1h | 0.2316 | +0.260% | $12K | $610K | 50x | as long as short |
BingX NXPC-USDT
Binance NXPCUSDT
Gate NXPC_USDT
MEXC NXPC_USDT
KuCoin NXPCUSDTM
Bitget NXPCUSDT
Variational Omni NXPC
ApeX Omni NXPCUSDT