Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.028%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1071.072% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.028%, 7d avg +0.045%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYPERUSDT | 0.07411 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $2.0M | $2.1M | 50x |
| Short | Bybit HYPERUSDT | 0.07413 | 0.0100 | get 0.0050% / 4h | 2h 44m | $1.2M | $705K | 25x |
Binance HYPERUSDT
Bybit HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: +0.028% → +0.045%
- −$1.73
- Slippage, 4 orders
- −$86.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$108.95
- Costs to cover
- 1.072%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 1 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 Binance live order book, 5 min ago | 0.67 bp | 23.0 bp −$23 | 98.1 bp −$981 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.02 bp | 33.5 bp −$34 | 189.1 bp −$1,891 | doesn't fit | doesn't fit |
HYPER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPER_USDT | −0.0310% | 4h | 0.07420 | +0.123% | $90K | $46K | 50x | as long as short |
| KuCoin HYPERUSDTM | −0.0034% | 4h | 0.07412 | +0.015% | $131K | $93K | 30x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07416 | +0.067% | $72K | $122K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07421 | +0.141% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDTlong | +0.0100% | 4h | 0.07411 | long leg | $2.0M | $2.1M | 50x | |
| Bybit HYPERUSDTshort | +0.0100% | 4h | 0.07413 | +0.028% | $1.2M | $705K | 25x | |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07411 | +0.001% | $257K | $129K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07421 | +0.136% | $310K | $262K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07413 | +0.029% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0111% | 4h | 0.07414 | +0.042% | $190K | $22K | 50x | as long as short |
Gate HYPER_USDT
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT