Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit+0.150%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1021.016% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.150%, 7d avg +0.078%
=Together, before fees−0.048%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 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 0.072% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SUSHIUSDT | 0.2529 | 0.0100 | pay 0.0100% / 8h | 1h 51m | $2.6M | $2.6M | 75x |
| Short | Hyperliquid SUSHI | 0.2533 | 0.0100 | get 0.0013% / 1h | 51m 17s | $346K | $396K | 3x |
Bybit SUSHIUSDT
Hyperliquid SUSHIFunding 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: +0.150% → +0.078%
- $7.2
- Slippage, 4 orders
- −$81.57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$94.37
- Costs to cover
- 1.016%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Hyperliquid: live order book, 19 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, 1 min ago | 1.98 bp | 34.8 bp −$35 | 379.1 bp −$3,791 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 19 min ago | 2.38 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
SUSHI 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 SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | +0.625% | $16 | $18K | 5.5x | as long as short |
| Bitget SUSHIUSDT | +0.0042% | 8h | 0.2535 | +0.229% | $993K | $712K | 50x | as long as short |
| BloFin SUSHI-USDT | +0.0071% | 8h | 0.2529 | −0.008% | $210K | $65K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0097% | 1h | 0.2533 | +0.142% | $761K | $77K | 20x | as long as short |
| Hyperliquid SUSHIshort | +0.0100% | 1h | 0.2533 | +0.150% | $346K | $396K | 3x | |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2533 | +0.137% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2530 | +0.032% | $3.8M | $9.2M | 75x | as long as short |
| Bybit SUSHIUSDTlong | +0.0100% | 8h | 0.2529 | long leg | $2.6M | $2.6M | 75x | |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2535 | +0.229% | $1.7M | $3.2M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2536 | +0.269% | $572K | $288K | 50x | as long as short |
Injective SUSHI/USDC PERP
Bitget SUSHIUSDT
BloFin SUSHI-USDT
Kraken Futures PF_SUSHIUSD
Aster SUSHIUSDT
Binance SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2530 | +0.032% | $1.3M | $351K | 75x | as long as short |
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2532 | +0.111% | $1.2M | $241K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2533 | +0.150% | — | $2.5M | — | as long as short |
| Variational Omni SUSHI | +0.0100% | 8h | 0.2531 | +0.063% | $41K | $14K | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2531 | +0.071% | $85K | $59K | 75x | as long as short |
MEXC SUSHI_USDT
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
Variational Omni SUSHI
HTX SUSHI-USDT