Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: Hyperliquid against Bybit+0.206%7-day average +0.193% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1441.444% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.206%, 7d avg +0.193%
=Together, before fees+0.005%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BRETTUSDT | 0.005812 | 0.0100 | pay 0.0050% / 4h | 42m 56s | $2.1M | $1.9M | 25x |
| Short | Hyperliquid BRETT | 0.005824 | 0.0100 | get 0.0013% / 1h | 42m 56s | $315K | $259K | 3x |
Funding 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: +0.206% → +0.193%
- $1.35
- Slippage, 4 orders
- −$124.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$143.08
- Costs to cover
- 1.444%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Hyperliquid: live order book, 47 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, 4 min ago | 5.18 bp | 28.1 bp −$28 | 140.3 bp −$1,403 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 47 min ago | 2.56 bp | 42.8 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
BRETT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BRETT/USD [ETH-USDC] | L 0.0000% / S 0.0000% | 1h | 0.005814 | +0.034% | — | — | 100x | as long as short |
| Injective BRETT/USDC PERP | +0.0033% | 1h | 0.005839 | +0.465% | $61 | $854 | 5.5x | as long as short |
| BloFin BRETT-USDT | +0.0094% | 4h | 0.005820 | +0.138% | $57K | $187K | 50x | as long as short |
| Hyperliquid BRETTshort | +0.0100% | 1h | 0.005824 | +0.206% | $315K | $259K | 3x | |
| Binance BRETTUSDT | +0.0100% | 4h | 0.005818 | +0.110% | $1.2M | $2.6M | 50x | as long as short |
| Bybit BRETTUSDTlong | +0.0100% | 4h | 0.005812 | long leg | $2.1M | $1.9M | 25x | |
| OKX BRETT-USDT-SWAP | +0.0100% | 4h | 0.005821 | +0.155% | $133K | $270K | 10x | as long as short |
| Gate BRETT_USDT | +0.0100% | 4h | 0.005811 | −0.017% | $431K | $105K | 25x | as long as short |
| MEXC BRETT_USDT | +0.0100% | 4h | 0.005817 | +0.086% | $12.4M | $203K | 200x | as long as short |
| KuCoin BRETTUSDTM | +0.0100% | 4h | 0.005802 | −0.172% | $306K | $79K | 30x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BRETTUSDT | +0.0100% | 4h | 0.005805 | −0.120% | $1.4M | $577K | 50x | as long as short |
| BingX BRETT-USDT | +0.0100% | 4h | 0.005817 | +0.086% | — | $1.4M | — | as long as short |
| Variational Omni BRETT | +0.0100% | 4h | 0.005797 | −0.251% | $42K | $104K | — | as long as short |
| Kraken Futures PF_BRETTUSD | +0.0621% | 1h | 0.005810 | −0.036% | $43K | $76K | 10x | as long as short |
Bybit BRETTUSDT
Hyperliquid BRETT
GMX BRETT/USD [ETH-USDC]
Injective BRETT/USDC PERP
BloFin BRETT-USDT
Binance BRETTUSDT
OKX BRETT-USDT-SWAP
Gate BRETT_USDT
MEXC BRETT_USDT
KuCoin BRETTUSDTM
Bitget BRETTUSDT
BingX BRETT-USDT
Variational Omni BRETT
Kraken Futures PF_BRETTUSD