Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit+0.031%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2402.404% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.031%, 7d avg −0.076%
=Together, before fees−0.124%+ 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 0.107% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit YGGUSDT | 0.02589 | 0.0100 | pay 0.0050% / 4h | 2h 58m | $607K | $469K | 25x |
| Short | Hyperliquid YGG | 0.02590 | 0.0100 | get 0.0013% / 1h | 58m 21s | $186K | $165K | 3x |
Bybit YGGUSDT
Hyperliquid YGGFunding 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: +0.031% → −0.076%
- $10.71
- Slippage, 4 orders
- −$220.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$229.71
- Costs to cover
- 2.404%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 26 min ago; Hyperliquid: live order book, 25 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, 26 min ago | 1.93 bp | 97.0 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 25 min ago | 1.54 bp | 27.7 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
YGG on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YGGUSD | −0.1455% | 1h | 0.02586 | −0.111% | $12K | $3K | 10x | as long as short |
| Hyperliquid YGGshort | +0.0100% | 1h | 0.02590 | +0.031% | $186K | $165K | 3x | |
| Aster YGGUSDT | +0.0100% | 4h | 0.02589 | +0.009% | $2K | $1K | 5x | as long as short |
| Binance YGGUSDT | +0.0100% | 4h | 0.02588 | −0.053% | $2.0M | $2.0M | 50x | as long as short |
| Bybit YGGUSDTlong | +0.0100% | 4h | 0.02589 | long leg | $607K | $469K | 25x | |
| OKX YGG-USDT-SWAP | +0.0100% | 4h | 0.02586 | −0.116% | $982K | $886K | 10x | as long as short |
| Gate YGG_USDT | +0.0100% | 4h | 0.02591 | +0.077% | $300K | $624K | 20x | as long as short |
| MEXC YGG_USDT | +0.0100% | 4h | 0.02590 | +0.039% | $987K | $341K | 50x | as long as short |
| KuCoin YGGUSDTM | +0.0100% | 4h | 0.02592 | +0.116% | $209K | $55K | 30x | as long as short |
| Bitget YGGUSDT | +0.0100% | 4h | 0.02591 | +0.077% | $551K | $153K | 50x | as long as short |
Kraken Futures PF_YGGUSD
Aster YGGUSDT
Binance YGGUSDT
OKX YGG-USDT-SWAP
Gate YGG_USDT
MEXC YGG_USDT
KuCoin YGGUSDTM
Bitget YGGUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX YGG-USDT | +0.0100% | 4h | 0.02589 | 0.000% | — | $2.4M | — | as long as short |
| Variational Omni YGG | +0.0100% | 4h | 0.02592 | +0.117% | $2K | $1 | — | as long as short |
BingX YGG-USDT
Variational Omni YGG