S

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%

Price spread now: Bybit against Hyperliquid−0.126%7-day average −0.120% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$970.971% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 7 days−0.001%$0 · spread now −0.126%, 7d avg −0.120%

Together, before fees+0.209%+ Points / potential airdropHyperliquid: Season 2 · farm board+$21 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid S	0.03983	0.0100	pay 0.0013% / 1h	6m 28s	$1.0M	$563K	5x
Short	Bybit SUSDT	0.03978	0.0100	get 0.0050% / 4h	6m 28s	$5.7M	$4.5M	50x

Funding history

latest

Range statsloading…

Bybit against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee HyperliquidbpFee BybitbpOrdersPrice spread, now −0.126%Rate

Slippage from Hyperliquid: live order book, 4 min ago; Bybit: live order book, 1 min ago.

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, 4 min ago	0.63 bp	17.7 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	3.77 bp	28.0 bp −$28	79.3 bp −$793	doesn't fit	doesn't fit

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
01 Exchange SUSD	−0.6584%	1h	0.03900	−2.084%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2575%	1h	0.03964	−0.473%	$33K	$13K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1376%	1h	0.03963	−0.502%	$48K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.03990	+0.183%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.03983	−0.010%	$4	—	15x	as long as short
Variational Omni S	−0.0023%	4h	0.03989	+0.157%	$620K	$30K	—	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.03909	−1.845%	$3K	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+2.937%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0072%	4h	0.03988	+0.126%	$99K	$283K	10x	as long as short
Lighter S	+0.0096%	1h	0.03988	+0.126%	$168K	$157K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid Slong	+0.0100%	1h	0.03983	long leg	$1.0M	$563K	5x
Aster SUSDT	+0.0100%	4h	0.03991	+0.200%	$44K	$131K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.03984	+0.025%	$5.4M	$13.6M	75x	as long as short
Bybit SUSDTshort	+0.0100%	4h	0.03978	−0.126%	$5.7M	$4.5M	50x
OKX S-USDT-SWAP	+0.0100%	4h	0.03982	−0.025%	$1.0M	$3.7M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.03991	+0.201%	$325K	$191K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03919	−1.607%	$3.6M	$1.8M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03980	−0.075%	$1.8M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03989	+0.151%	$1.2M	$2.2M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03988	+0.126%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04000	+0.427%	$24K	$463K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03982	−0.022%	$224K	$1.1M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03987	+0.100%	$270K	$96K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0502%	1h	0.03993	+0.251%	$67K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1060%	1h	0.04000	+0.427%	$116K	$419K	5x	as long as short