Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Hyperliquid+0.103%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$319as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3233.226% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.103%, 7d avg +0.070%
=Together, before fees−0.015%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 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: Bybit is 0.033% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid YGG | 0.02614 | 0.0100 | pay 0.0013% / 1h | 43m 54s | $191K | $117K | 3x |
| Short | Bybit YGGUSDT | 0.02617 | 0.0100 | get 0.0050% / 4h | 2h 43m | $615K | $477K | 25x |
Hyperliquid YGG
Bybit YGGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Hyperliquid. 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: +0.103% → +0.070%
- $3.28
- Slippage, 4 orders
- −$302.56
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$319.28
- Costs to cover
- 3.226%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 25 min ago; Bybit: live order book, 61 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 Hyperliquid live order book, 25 min ago | 2.48 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 61 min ago | 5.68 bp | 119.6 bp −$120 | 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 | −0.1938% | 1h | 0.02611 | −0.115% | $12K | $3K | 10x | as long as short |
| Hyperliquid YGGlong | +0.0100% | 1h | 0.02614 | long leg | $191K | $117K | 3x | |
| Aster YGGUSDT | +0.0100% | 4h | 0.02618 | +0.128% | $1K | $4K | 5x | as long as short |
| Binance YGGUSDT | +0.0100% | 4h | 0.02614 | −0.011% | $2.0M | $2.2M | 50x | as long as short |
| Bybit YGGUSDTshort | +0.0100% | 4h | 0.02617 | +0.103% | $615K | $477K | 25x | |
| OKX YGG-USDT-SWAP | +0.0100% | 4h | 0.02614 | −0.011% | $976K | $1.0M | 10x | as long as short |
| Gate YGG_USDT | +0.0100% | 4h | 0.02616 | +0.065% | $291K | $724K | 20x | as long as short |
| MEXC YGG_USDT | +0.0100% | 4h | 0.02612 | −0.088% | $992K | $359K | 50x | as long as short |
| KuCoin YGGUSDTM | +0.0100% | 4h | 0.02617 | +0.103% | $192K | $62K | 30x | as long as short |
| Bitget YGGUSDT | +0.0100% | 4h | 0.02614 | −0.011% | $551K | $177K | 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 | 0.02616 | +0.065% | — | $2.4M | — | as long as short |
| Variational Omni YGG | +0.0100% | 4h | 0.02617 | +0.105% | $2K | $1 | — | as long as short |
BingX YGG-USDT
Variational Omni YGG