Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Bybit against Hyperliquid−0.210%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 7 days+0.161%+$16 · spread now −0.210%, 7d avg −0.058%
=Together, before fees+0.056%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 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: Bybit is 0.152% cheaper against Hyperliquid than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SEI | 0.06094 | 0.0100 | pay 0.0013% / 1h | 42m 49s | $3.7M | $4.9M | 5x |
| Short | Bybit SEIUSDT | 0.06081 | 0.0100 | get 0.0100% / 8h | 42m 49s | $14.4M | $33.9M | 50x |
Hyperliquid SEI
Bybit SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Hyperliquid. 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: −0.210% → −0.058%
- −$15.21
- Slippage, 4 orders
- −$26.69
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$61.9
- Costs to cover
- 0.467%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Bybit: live order book, 1 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 Hyperliquid live order book, 9 min ago | 0.82 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.82 bp | 12.6 bp −$13 | 30.8 bp −$308 | doesn't fit | doesn't fit |
SEI on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0085% | 8h | 0.06090 | −0.057% | $320K | $180K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06090 | −0.055% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06087 | −0.112% | $384 | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0085% / S −0.0193% | 1h | 0.06093 | −0.008% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06091 | −0.046% | $273K | $1.1M | 10x | as long as short |
| Hyperliquid SEIlong | +0.0100% | 1h | 0.06094 | long leg | $3.7M | $4.9M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.06095 | +0.020% | $333K | $353K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06088 | −0.095% | $14.8M | $122.5M | 75x | as long as short |
| Bybit SEIUSDTshort | +0.0100% | 8h | 0.06081 | −0.210% | $14.4M | $33.9M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06086 | −0.128% | $3.4M | $36.0M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Lighter SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06089 | −0.079% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06089 | −0.079% | $35.8M | $27.0M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06092 | −0.030% | $6.8M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06093 | −0.013% | $10.0M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06086 | −0.128% | — | $16.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06090 | −0.062% | $112K | $663K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06081 | −0.211% | $216K | $2.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06080 | −0.226% | $101K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06087 | −0.112% | $2K | $204K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06104 | +0.167% | $23K | $3.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06088 | −0.098% | $73K | $429K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0253% | 1h | 0.06084 | −0.167% | $376K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0288% | 1h | 0.06070 | −0.391% | $44K | $236K | 50x | as long as short |
| BloFin SEI-USDT | +0.0323% | 8h | 0.06090 | −0.062% | $738K | $1.5M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06094 | +0.002% | $116 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0454% | 1h | 0.06081 | −0.210% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.0879% | 1h | 0.06097 | +0.057% | $104K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD