Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.038%
Price spread now: Hyperliquid against Bybit+0.265%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1571.574% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.265%, 7d avg +0.137%
=Together, before fees−0.086%+ Points / potential airdropHyperliquid: Season 2 · farm board−$9 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 0.128% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.137%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WCTUSDT | 0.04157 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $888K | $478K | 25x |
| Short | Hyperliquid WCT | 0.04168 | 0.0100 | get 0.0013% / 1h | 56m 02s | $186K | $260K | 3x |
Bybit WCTUSDT
Hyperliquid WCTFunding 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: +0.265% → +0.137%
- $12.79
- Slippage, 4 orders
- −$137.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$144.62
- Costs to cover
- 1.574%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 24 min ago; Hyperliquid: live order book, 13 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, 24 min ago | 6.00 bp | 36.2 bp −$36 | 74.4 bp −$744 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 3.12 bp | 40.8 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
WCT on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WCTshort | +0.0100% | 1h | 0.04168 | +0.265% | $186K | $260K | 3x | |
| Binance WCTUSDT | +0.0100% | 4h | 0.04163 | +0.144% | $1.9M | $2.4M | 25x | as long as short |
| Bybit WCTUSDTlong | +0.0100% | 4h | 0.04157 | long leg | $888K | $478K | 25x | |
| OKX WCT-USDT-SWAP | +0.0100% | 4h | 0.04159 | +0.048% | $382K | $586K | 20x | as long as short |
| Gate WCT_USDT | +0.0100% | 8h | 0.04160 | +0.072% | $104K | $48K | 25x | as long as short |
| MEXC WCT_USDT | +0.0100% | 4h | 0.04163 | +0.144% | $351K | $124K | 50x | as long as short |
| KuCoin WCTUSDTM | +0.0100% | 4h | 0.04167 | +0.241% | $134K | $28K | 25x | as long as short |
| Bitget WCTUSDT | +0.0100% | 4h | 0.04168 | +0.265% | $388K | $306K | 25x | as long as short |
| BingX WCT-USDT | +0.0100% | 4h | 0.04160 | +0.072% | — | $6.5M | — | as long as short |
| Variational Omni WCT | +0.0100% | 4h | 0.04149 | −0.196% | $7K | $2K | — | as long as short |
Binance WCTUSDT
OKX WCT-USDT-SWAP
Gate WCT_USDT
MEXC WCT_USDT
KuCoin WCTUSDTM
Bitget WCTUSDT
BingX WCT-USDT
Variational Omni WCTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin WCT-USDT | +0.0126% | 4h | 0.04163 | +0.144% | $98K | $3K | 50x | as long as short |
BloFin WCT-USDT