Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit−0.040%7-day average −0.067% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now −0.040%, 7d avg −0.067%
=Together, before fees−0.037%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 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: Hyperliquid is 0.027% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEUSDT | 0.07550 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $1.5M | $851K | 25x |
| Short | Hyperliquid ME | 0.07547 | 0.0100 | get 0.0013% / 1h | 54m 09s | $235K | $133K | 3x |
Bybit MEUSDT
Hyperliquid MEFunding 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: −0.040% → −0.067%
- $2.72
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.28
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Hyperliquid: live order book, 55 min ago. Net counts fees only.
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, 2 min ago | 5.96 bp | 42.5 bp −$43 | 436.4 bp −$4,364 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 55 min ago | 1.32 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MEshort | +0.0100% | 1h | 0.07547 | −0.040% | $235K | $133K | 3x | |
| Aster MEUSDT | +0.0100% | 4h | 0.07549 | −0.017% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07543 | −0.096% | $2.1M | $4.3M | 50x | as long as short |
| Bybit MEUSDTlong | +0.0100% | 4h | 0.07550 | long leg | $1.5M | $851K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07538 | −0.159% | $472K | $1.3M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07550 | 0.000% | $195K | $79K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07543 | −0.093% | $505K | $125K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07552 | +0.026% | $215K | $34K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07553 | +0.040% | $649K | $429K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07545 | −0.066% | — | $1.3M | — | as long as short |
Aster MEUSDT
Binance MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07558 | +0.103% | $11K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0152% | 4h | 0.07550 | 0.000% | $107K | $9K | 50x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07542 | −0.108% | $27K | — | 15x | as long as short |
Variational Omni ME
BloFin ME-USDT
Reya MERUSDPERP