data as of
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LINK

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 19:00 UTC+0.0310%/8h
paid, last 24h+0.062%paid, last 7 days+0.120%to open and close $10k−$27
Long on BybitShort on Hyperliquid
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.120% in total (about 6.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LINKUSDT12.809−0.0210get 0.0210% / 8h5h 59m$81.8M$64.1M75x
ShortHyperliquid LINK12.8180.0100get 0.0013% / 1h59m 23s$74.8M$22.1M10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$65.05
Slippage, 4 orders
−$6.77
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$38.27
Break-even
2.9 days
Slippage from Bybit: live order book, 1 min ago; Hyperliquid: live order book, 6 min ago.

Price risk

price view
Price gap now
+0.070%
Avg gap 7d
+0.073%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.39 bp6.6 bp −$711.0 bp −$11029.8 bp −$2,978doesn't fit
Sell Hyperliquid live order book, 6 min ago0.78 bp5.9 bp −$69.2 bp −$92doesn't fitdoesn't fit

LINK on 39 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_LINKUSD−0.0330%1h$6.0M$6.5M50xas long as short
Bybit LINKUSDTlong−0.0210%8h$81.8M$64.1M75x
Variational Omni LINK−0.0122%8h$3.2M$1.2M—as long as short
GMX LINK/USD [LINK-USDC]L −0.0091% / S +0.0165%1h$1.7M—200xas long as short
Phoenix LINK−0.0080%1h$6K$46K10xas long as short
OKX LINK-USDT-SWAP−0.0033%8h$26.6M$84.3M50xas long as short
Kalshi KXLINKPERP0.0000%8h$466K$2.3M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h$680K$106K50xas long as short
dYdX LINK-USD0.0000%1h$340K$60K10xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0006%1h$161K—150xas long as short
Show all 39 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective LINK/USDC PERP+0.0033%1h$4K$48K12xas long as short
MEXC LINK_USDT+0.0036%8h$33.2M$55.1M300xas long as short
Binance LINKUSDT+0.0038%8h$116.3M$289.2M75xas long as short
Gate LINK_USDT+0.0043%8h$128.7M$12.0M75xas long as short
Orderly PERP_LINK_USDC+0.0070%8h$141K$1.7M20xas long as short
Coinbase International LINK-PERP-INTX+0.0072%1h$984K$2.6M50xas long as short
Paradex LINK-USD-PERP+0.0083%8h$31K$2K20xas long as short
Bitget LINKUSDT+0.0086%8h$53.4M$29.3M75xas long as short
BingX LINK-USDC+0.0087%8h—$6.6M—as long as short
Aevo LINK-PERP+0.0088%1h$539K$3403xas long as short
Lighter LINK+0.0096%1h$2.0M$2.3M10xas long as short
Nado LINK-PERP+0.0100%1h$425K$283K10xas long as short
Hyperliquid LINKshort+0.0100%1h$74.8M$22.1M10x
Aster LINKUSDT+0.0100%8h$1.3M$2.4M50xas long as short
Pacifica LINK+0.0100%1h$270K$166K10xas long as short
Arcus LINK-USD+0.0100%1h$179K$126K10xas long as short
KuCoin LINKUSDTM+0.0100%8h$21.2M$16.7M75xas long as short
Backpack LINK_USDC_PERP+0.0100%1h$348K$373K15xas long as short
edgeX LINKUSDC+0.0100%4h$42K$308K20xas long as short
ApeX Omni LINKUSDT+0.0100%1h$129K$650K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h$76K$56K10xas long as short
Derive LINK-PERP+0.0100%1h$24K$10K10xas long as short
SunX LINK-USDT+0.0100%8h$33K$1.5M30xas long as short
SoDEX LINK-USD+0.0100%1h$3K$38K10xas long as short
HTX LINK-USDT+0.0100%8h$618K$924K75xas long as short
Extended LINK-USD+0.0104%1h$648K$1.8M25xas long as short
BloFin LINK-USDT+0.0143%8h$5.1M$13.6M75xas long as short
Reya LINKRUSDPERP+0.0363%1h$4K$40020xas long as short
Phemex LINKUSDT+0.0429%8h$19.9M$11.2M50xas long as short