Settings8H · net · $10k
Funding arb · Price arb /

HYPER

all HYPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: Bybit against KuCoin+0.054%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,071as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,088as in the Price arb table
costs, in and out, $10k−$1,08710.874% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.164%+$16 on $10k
Price spread, last 4 days (all we have)+0.110%+$11 · spread now +0.054%, 7d avg +0.059%
Together, before fees+0.274%+$27 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HYPERUSDTM0.074560.0100pay 0.0050% / 4h2h 20m$106K$55K30x
ShortBybit HYPERUSDT0.074600.0100get 0.0050% / 4h2h 20m$1.2M$739K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.054% → +0.059%
−$0.51
Slippage, 4 orders
−$1,064.38
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,087.89
Costs to cover
10.874%
Break-even
never at this rate
Slippage from KuCoin: live order book, 21 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 21 min ago14.11 bp815.0 bp −$815doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago4.70 bp24.5 bp −$24138.7 bp −$1,387doesn't fitdoesn't fit

HYPER on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid HYPER+0.0100%1h0.07458+0.030%$74K$112K3xas long as short
Aster HYPERUSDT+0.0100%4h0.07459+0.046%$20K$2K5xas long as short
Binance HYPERUSDT+0.0100%4h0.07454−0.027%$2.0M$2.1M50xas long as short
Bybit HYPERUSDTshort+0.0100%4h0.07460+0.054%$1.2M$739K25x
Gate HYPER_USDT+0.0100%4h0.07440−0.215%$90K$30K50xas long as short
MEXC HYPER_USDT+0.0100%4h0.07450−0.080%$234K$117K20xas long as short
KuCoin HYPERUSDTMlong+0.0100%4h0.07456long leg$106K$55K30x
Bitget HYPERUSDT+0.0100%4h0.07454−0.027%$320K$224K50xas long as short
Variational Omni HYPER+0.0100%4h0.07454−0.020%$6K$1Kas long as short
BloFin HYPER-USDT+0.0139%4h0.07442−0.188%$191K$14K50xas long as short