Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Hyperliquid+0.036%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$930.931% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.036%, 7d avg +0.004%
=Together, before fees−0.061%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 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 0.032% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HYPER | 0.07504 | 0.0100 | pay 0.0013% / 1h | 46m 24s | $83K | $129K | 3x |
| Short | Bybit HYPERUSDT | 0.07507 | 0.0100 | get 0.0050% / 4h | 3h 46m | $1.2M | $736K | 25x |
Hyperliquid HYPER
Bybit HYPERUSDTFunding 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: +0.036% → +0.004%
- $3.16
- Slippage, 4 orders
- −$73.08
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$89.92
- Costs to cover
- 0.931%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago | 2.00 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.00 bp | 29.6 bp −$30 | 154.6 bp −$1,546 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTM | −0.0198% | 4h | 0.07482 | −0.297% | $121K | $95K | 30x | as long as short |
| BloFin HYPER-USDT | +0.0070% | 4h | 0.07492 | −0.164% | $192K | $20K | 50x | as long as short |
| Hyperliquid HYPERlong | +0.0100% | 1h | 0.07504 | long leg | $83K | $129K | 3x | |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07505 | +0.016% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07500 | −0.060% | $2.0M | $2.2M | 50x | as long as short |
| Bybit HYPERUSDTshort | +0.0100% | 4h | 0.07507 | +0.036% | $1.2M | $736K | 25x | |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07500 | −0.057% | $87K | $48K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07501 | −0.044% | $253K | $131K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07501 | −0.044% | $322K | $270K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07503 | −0.019% | $6K | $1K | — | as long as short |
KuCoin HYPERUSDTM
BloFin HYPER-USDT
Aster HYPERUSDT
Binance HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER