Settings8H · net · $10k
Funding arb · Price arb /

RSR

all RSR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit0.000%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2382.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.099%−$10 · spread now 0.000%, 7d avg −0.080%
Together, before fees−0.099%+ 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 0.080% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RSRUSDT0.0016440.0100pay 0.0100% / 8h1h 55m$826K$430K75x
ShortHyperliquid RSR0.0016440.0100get 0.0013% / 1h55m 34s$180K$74K3x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: 0.000% → −0.080%
$7.98
Slippage, 4 orders
−$217.9
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$229.92
Costs to cover
2.379%
Break-even
never at this rate
Slippage from Bybit: live order book, 24 min ago; Hyperliquid: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 24 min ago5.79 bp93.8 bp −$94doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 14 min ago3.06 bp39.6 bp −$40doesn't fitdoesn't fitdoesn't fit

RSR on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RSRUSD+0.0052%1h0.001639−0.309%$60K$18K10xas long as short
BloFin RSR-USDT+0.0080%8h0.001628−0.973%$98K$17K75xas long as short
Hyperliquid RSRshort+0.0100%1h0.0016440.000%$180K$74K3x
Binance RSRUSDT+0.0100%8h0.001641−0.170%$1.9M$2.9M75xas long as short
Bybit RSRUSDTlong+0.0100%8h0.001644long leg$826K$430K75x
OKX RSR-USDT-SWAP+0.0100%8h0.001639−0.304%$395K$268K20xas long as short
Gate RSR_USDT+0.0100%8h0.001640−0.243%$142K$35K50xas long as short
MEXC RSR_USDT+0.0100%8h0.001641−0.182%$1.6M$499K75xas long as short
KuCoin RSRUSDTM+0.0100%8h0.001642−0.122%$767K$136K30xas long as short
Bitget RSRUSDT+0.0100%8h0.001641−0.182%$605K$183K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RSR-USDT+0.0100%8h0.001642−0.122%$2.3Mas long as short
Variational Omni RSR+0.0100%8h0.001634−0.621%$5K$766as long as short