Funding you earn now, next payment 23:00 UTC+0.0314%/8h= +34.4% APRpaid last 24h +0.062%
Price spread now: Hyperliquid against Bybit+0.388%7-day average +0.273% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1271.270% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 4 days (all we have)−0.250%−$25 · spread now +0.388%, 7d avg +0.273%
=Together, before fees−0.076%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.115% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.273%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.174% in total (about 9.1% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RESOLVUSDT | 0.01804 | 0.0100 | pay 0.0050% / 4h | 1h 26m | $933K | $473K | 20x |
| Short | Hyperliquid RESOLV | 0.01811 | 0.0414 | get 0.0052% / 1h | 26m 26s | $1.1M | $155K | 3x |
Bybit RESOLVUSDT
Hyperliquid RESOLVFunding 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
- $65.93
- Price spread: +0.388% → +0.273%
- $11.5
- Slippage, 4 orders
- −$106.96
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$49.53
- Costs to cover
- 1.270%
- Break-even
- 12.3 days
Slippage from Bybit: live order book, 54 min ago; Hyperliquid: live order book, 4 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, 54 min ago | 5.52 bp | 35.1 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 1.10 bp | 24.5 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
RESOLV 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RESOLV-USDT | +0.0080% | 4h | 0.01803 | −0.055% | $122K | $12K | 50x | as long as short |
| Lighter RESOLV | +0.0096% | 1h | 0.01799 | −0.283% | $26K | $16K | 3x | as long as short |
| Aster RESOLVUSDT | +0.0100% | 4h | 0.01807 | +0.145% | $68K | $5K | 5x | as long as short |
| Binance RESOLVUSDT | +0.0100% | 4h | 0.01806 | +0.096% | $2.1M | $1.4M | 10x | as long as short |
| Bybit RESOLVUSDTlong | +0.0100% | 4h | 0.01804 | long leg | $933K | $473K | 20x | |
| OKX RESOLV-USDT-SWAP | +0.0100% | 4h | 0.01805 | +0.055% | $902K | $1.1M | 10x | as long as short |
| Gate RESOLV_USDT | +0.0100% | 8h | 0.01807 | +0.166% | $676K | $145K | 25x | as long as short |
| MEXC RESOLV_USDT | +0.0100% | 4h | 0.01804 | 0.000% | $711K | $150K | 100x | as long as short |
| KuCoin RESOLVUSDTM | +0.0100% | 4h | 0.01807 | +0.166% | $333K | $2.2M | 10x | as long as short |
| Bitget RESOLVUSDT | +0.0100% | 4h | 0.01807 | +0.166% | $355K | $297K | 10x | as long as short |
BloFin RESOLV-USDT
Lighter RESOLV
Aster RESOLVUSDT
Binance RESOLVUSDT
OKX RESOLV-USDT-SWAP
Gate RESOLV_USDT
MEXC RESOLV_USDT
KuCoin RESOLVUSDTM
Bitget RESOLVUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RESOLV-USDT | +0.0100% | 4h | 0.01806 | +0.111% | — | $6.5M | — | as long as short |
| GRVT RESOLV_USDT_Perp | +0.0282% | 4h | 0.01807 | +0.165% | $269K | $4.1M | 10x | as long as short |
| Deribit RESOLV_USDC-PERPETUAL | +0.0304% | 1h | 0.01806 | +0.111% | $0 | $0 | 10x | as long as short |
| Hyperliquid RESOLVshort | +0.0414% | 1h | 0.01811 | +0.388% | $1.1M | $155K | 3x | |
| Coinbase International RESOLV-PERP-INTX | +0.1288% | 1h | 0.01848 | +2.439% | $50K | $6K | 25x | as long as short |
BingX RESOLV-USDT
GRVT RESOLV_USDT_Perp
Deribit RESOLV_USDC-PERPETUAL
Coinbase International RESOLV-PERP-INTX