data as of
Settings8H · net · $10k
Funding arb /

S

all S markets
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Funding spread now, next payment 19:00 UTC−0.0104%/8h
paid, last 24h−0.016%paid, last 7 days−0.220%to open and close $10k−$94
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUSDT0.038810.0100pay 0.0050% / 4h1h 14m$5.5M$9.0M50x
ShortHyperliquid S0.03888−0.0004pay 0.0000% / 1h14m 01s$992K$1.3M5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$21.78
Slippage, 4 orders
−$73.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$115.73
Break-even
never at this rate
Slippage from Bybit: live order book, 6 min ago; Hyperliquid: live order book, 8 min ago.

Price risk

price view
Price gap now
+0.186%
Avg gap 7d
+0.084%
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, 6 min ago2.58 bp25.9 bp −$2681.5 bp −$815doesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago2.20 bp19.0 bp −$19doesn't fitdoesn't fitdoesn't fit

S on 25 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_SUSD−0.2313%1h$33K$41K10xas long as short
Coinbase International S-PERP-INTX−0.1824%1h$47K$9K25xas long as short
Variational Omni S−0.1382%4h$603K$117Kas long as short
Aster SUSDT−0.0224%4h$42K$258K10xas long as short
GMX S/USD [WBTC.b-USDC]L −0.0173% / S +0.0169%1h$1K100xas long as short
Reya SRUSDPERP−0.0101%1h$415xas long as short
Orderly PERP_S_USDC−0.0093%4h$103K$320K10xas long as short
01 Exchange SUSD−0.0072%1h$23K$3K5xas long as short
OKX S-USDT-SWAP−0.0065%4h$970K$11.8M20xas long as short
Hyperliquid Sshort−0.0004%1h$992K$1.3M5x
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$600150xas long as short
Injective S/USDC PERP+0.0033%1h$2K$88K12xas long as short
Lighter S+0.0096%1h$163K$304K5xas long as short
Binance SUSDT+0.0100%4h$5.3M$37.6M75xas long as short
Bybit SUSDTlong+0.0100%4h$5.5M$9.0M50x
Gate S_USDT+0.0100%4h$317K$370K50xas long as short
MEXC S_USDT+0.0100%4h$3.5M$3.4M200xas long as short
KuCoin SUSDTM+0.0100%4h$1.8M$3.7M50xas long as short
Bitget SUSDT+0.0100%4h$1.2M$4.5M50xas long as short
BingX S-USDT+0.0100%4h$7.0Mas long as short
Backpack S_USDC_PERP+0.0100%1h$113K$250K5xas long as short
ApeX Omni SUSDT+0.0100%1h$25K$494K50xas long as short
Extended S-USD+0.0104%1h$218K$943K10xas long as short
BloFin S-USDT+0.0340%4h$272K$260K75xas long as short
Deribit S_USDC-PERPETUAL+0.0778%1h$65K$10K10xas long as short