Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit+0.084%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$770.766% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.084%, 7d avg −0.031%
=Together, before fees−0.231%+ Points / potential airdropHyperliquid: Season 2 · farm board−$23 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 0.114% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NEOUSDT | 2.5140 | 0.0100 | pay 0.0100% / 8h | 2h 12m | $1.6M | $754K | 75x |
| Short | Hyperliquid NEO | 2.5161 | 0.0100 | get 0.0013% / 1h | 12m 03s | $414K | $296K | 5x |
Bybit NEOUSDT
Hyperliquid NEOFunding 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: +0.084% → −0.031%
- $11.43
- Slippage, 4 orders
- −$56.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$65.22
- Costs to cover
- 0.766%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Hyperliquid: live order book, 57 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 Bybit live order book, 4 min ago | 3.99 bp | 26.0 bp −$26 | 92.5 bp −$925 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 57 min ago | 1.00 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
NEO on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEOUSD | −0.0497% | 1h | 2.5110 | −0.119% | $22K | $658 | 20x | as long as short |
| Hyperliquid NEOshort | +0.0100% | 1h | 2.5161 | +0.084% | $414K | $296K | 5x | |
| Binance NEOUSDT | +0.0100% | 8h | 2.5135 | −0.020% | $3.4M | $4.8M | 75x | as long as short |
| Bybit NEOUSDTlong | +0.0100% | 8h | 2.5140 | long leg | $1.6M | $754K | 75x | |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.5120 | −0.080% | $354K | $667K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.5100 | −0.159% | $232K | $112K | 50x | as long as short |
| MEXC NEO_USDT | +0.0100% | 8h | 2.5120 | −0.080% | $2.8M | $787K | 50x | as long as short |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.5120 | −0.080% | $715K | $139K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.5110 | −0.119% | $1.6M | $218K | 75x | as long as short |
| BingX NEO-USDC | +0.0100% | 8h | 2.5130 | −0.040% | — | $6.5M | — | as long as short |
Kraken Futures PF_NEOUSD
Binance NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
MEXC NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEO | +0.0100% | 8h | 2.5051 | −0.355% | $21K | $11 | — | as long as short |
| BloFin NEO-USDT | +0.0113% | 8h | 2.5140 | 0.000% | $116K | $81K | 75x | as long as short |
Variational Omni NEO
BloFin NEO-USDT