Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit+0.119%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$800.804% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.119%, 7d avg −0.028%
=Together, before fees−0.077%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 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 0.148% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PEOPLEUSDT | 0.009233 | 0.0100 | pay 0.0100% / 8h | 7h 29m | $1.6M | $2.2M | 50x |
| Short | Hyperliquid PEOPLE | 0.009244 | 0.0100 | get 0.0013% / 1h | 29m 11s | $428K | $210K | 3x |
Bybit PEOPLEUSDT
Hyperliquid PEOPLEFunding 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: +0.119% → −0.028%
- $14.76
- Slippage, 4 orders
- −$60.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$65.61
- Costs to cover
- 0.804%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Hyperliquid: live order book, 21 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, 3 min ago | 1.63 bp | 23.9 bp −$24 | 60.0 bp −$600 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 21 min ago | 1.09 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
PEOPLE on 15 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_PEOPLEUSD | −0.1354% | 1h | 0.009224 | −0.095% | $36K | $45K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0446% | 8h | 0.009233 | 0.000% | $719K | $1.5M | 50x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0021% | 8h | 0.009222 | −0.119% | $659K | $124K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0020% | 8h | 0.009215 | −0.194% | $6K | $3K | — | as long as short |
| Hyperliquid PEOPLEshort | +0.0100% | 1h | 0.009244 | +0.119% | $428K | $210K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009234 | +0.009% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009234 | +0.011% | $5.7M | $15.3M | 50x | as long as short |
| Bybit PEOPLEUSDTlong | +0.0100% | 8h | 0.009233 | long leg | $1.6M | $2.2M | 50x | |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009230 | −0.032% | $3.4M | $8.6M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009235 | +0.022% | $705K | $306K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009235 | +0.022% | $1.8M | $1.2M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009235 | +0.022% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009235 | +0.022% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009232 | −0.009% | $184 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0115% | 8h | 0.009232 | −0.011% | $352K | $87K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT