Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit+0.029%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now +0.029%, 7d avg +0.075%
=Together, before fees+0.121%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 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 0.046% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SNXUSDT | 0.2400 | 0.0100 | pay 0.0100% / 8h | 5h 20m | $1.7M | $1.3M | 75x |
| Short | Hyperliquid SNX | 0.2401 | 0.0100 | get 0.0013% / 1h | 20m 49s | $442K | $152K | 3x |
Bybit SNXUSDT
Hyperliquid SNXFunding 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: +0.029% → +0.075%
- −$4.59
- Slippage, 4 orders
- −$105.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$129.63
- Costs to cover
- 1.250%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; Hyperliquid: live order book, 9 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, 6 min ago | 2.09 bp | 46.3 bp −$46 | 374.1 bp −$3,741 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.92 bp | 21.5 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
SNX on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SNX/USDC PERP | −0.5000% | 1h | 0.2253 | −6.125% | $23K | $29K | 12x | as long as short |
| Kraken Futures PF_SNXUSD | +0.0081% | 1h | 0.2400 | −0.014% | $144K | $59K | 25x | as long as short |
| Hyperliquid SNXshort | +0.0100% | 1h | 0.2401 | +0.029% | $442K | $152K | 3x | |
| Aster SNXUSDT | +0.0100% | 8h | 0.2401 | +0.041% | $4K | $3K | 5x | as long as short |
| Binance SNXUSDT | +0.0100% | 8h | 0.2399 | −0.042% | $2.9M | $4.0M | 75x | as long as short |
| Bybit SNXUSDTlong | +0.0100% | 8h | 0.2400 | long leg | $1.7M | $1.3M | 75x | |
| OKX SNX-USDT-SWAP | +0.0100% | 8h | 0.2397 | −0.125% | $818K | $1.2M | 20x | as long as short |
| Gate SNX_USDT | +0.0100% | 8h | 0.2396 | −0.167% | $240K | $94K | 25x | as long as short |
| MEXC SNX_USDT | +0.0100% | 8h | 0.2398 | −0.083% | $1.7M | $698K | 100x | as long as short |
| KuCoin SNXUSDTM | +0.0100% | 8h | 0.2400 | 0.000% | $723K | $2.0M | 30x | as long as short |
Injective SNX/USDC PERP
Kraken Futures PF_SNXUSD
Aster SNXUSDT
Binance SNXUSDT
OKX SNX-USDT-SWAP
Gate SNX_USDT
MEXC SNX_USDT
KuCoin SNXUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNXUSDT | +0.0100% | 8h | 0.2396 | −0.167% | $1.1M | $390K | 50x | as long as short |
| BingX SNX-USDT | +0.0100% | 8h | 0.2399 | −0.042% | — | $2.3M | — | as long as short |
| Variational Omni SNX | +0.0100% | 8h | 0.2399 | −0.039% | $12K | $4K | — | as long as short |
| SunX SNX-USDT | +0.0100% | 8h | 0.2391 | −0.375% | $2K | $1.4M | 20x | as long as short |
| BloFin SNX-USDT | +0.0114% | 8h | 0.2398 | −0.083% | $152K | $69K | 75x | as long as short |
Bitget SNXUSDT
BingX SNX-USDT
Variational Omni SNX
SunX SNX-USDT
BloFin SNX-USDT