Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h +0.100%
Price spread now: Bybit against Hyperliquid+0.116%7-day average +0.109% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 7 days+0.004%$0 · spread now +0.116%, 7d avg +0.109%
=Together, before fees+0.170%+ Points / potential airdropHyperliquid: Season 2 · farm board+$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STBL | 0.02664 | 0.0705 | pay 0.0088% / 1h | 59m 47s | $2.0M | $263K | 3x |
| Short | Bybit STBLUSDT | 0.02667 | 0.0709 | get 0.0355% / 4h | 3h 59m | $1.5M | $659K | 20x |
Hyperliquid STBL
Bybit STBLUSDTFunding 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
- $0.93
- Price spread: +0.116% → +0.109%
- $0.78
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$18.29
- Costs to cover
- 0.200%
- Break-even
- 145.4 days
Slippage unknown: Hyperliquid: live order book, 1 min ago; Bybit: live order book, 1 min ago. Net counts fees only.
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, 1 min ago | 1.88 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.62 bp | 123.3 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
STBL 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02656 | −0.297% | $80K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02663 | −0.040% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02668 | +0.147% | $1.9M | $2.1M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02667 | +0.116% | $362K | $149K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02658 | −0.221% | $1.1M | $235K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02668 | +0.136% | $974 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02662 | −0.071% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0142% | 4h | 0.02666 | +0.079% | $127K | $22K | 50x | as long as short |
| Gate STBL_USDT | +0.0304% | 4h | 0.02678 | +0.529% | $1.2M | $94K | 50x | as long as short |
| BingX STBL-USDT | +0.0682% | 4h | 0.02667 | +0.116% | — | $6.6M | — | as long as short |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDT
Gate STBL_USDT
BingX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid STBLlong | +0.0705% | 1h | 0.02664 | long leg | $2.0M | $263K | 3x | |
| Bybit STBLUSDTshort | +0.0709% | 4h | 0.02667 | +0.116% | $1.5M | $659K | 20x |