Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Hyperliquid+0.012%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$311as in the Price arb table
costs, in and out, $10k−$3053.055% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.012%, 7d avg +0.071%
=Together, before fees+0.096%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 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 0.060% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid YGG | 0.02607 | 0.0100 | pay 0.0013% / 1h | 42m 56s | $190K | $124K | 3x |
| Short | Bybit YGGUSDT | 0.02607 | 0.0100 | get 0.0050% / 4h | 42m 56s | $603K | $467K | 25x |
Hyperliquid YGG
Bybit YGGUSDTFunding 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: +0.012% → +0.071%
- −$5.97
- Slippage, 4 orders
- −$285.49
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$311.46
- Costs to cover
- 3.055%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 46 min ago; Bybit: live order book, 7 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, 46 min ago | 2.47 bp | 32.2 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 7.68 bp | 116.4 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
YGG 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YGGUSD | −0.1972% | 1h | 0.02599 | −0.289% | $12K | $3K | 10x | as long as short |
| Hyperliquid YGGlong | +0.0100% | 1h | 0.02607 | long leg | $190K | $124K | 3x | |
| Aster YGGUSDT | +0.0100% | 4h | 0.02607 | −0.004% | $707 | $2K | 5x | as long as short |
| Binance YGGUSDT | +0.0100% | 4h | 0.02603 | −0.152% | $2.0M | $2.1M | 50x | as long as short |
| Bybit YGGUSDTshort | +0.0100% | 4h | 0.02607 | +0.012% | $603K | $467K | 25x | |
| OKX YGG-USDT-SWAP | +0.0100% | 4h | 0.02603 | −0.142% | $978K | $1.0M | 10x | as long as short |
| Gate YGG_USDT | +0.0100% | 4h | 0.02605 | −0.065% | $287K | $682K | 20x | as long as short |
| MEXC YGG_USDT | +0.0100% | 4h | 0.02603 | −0.142% | $1.0M | $350K | 50x | as long as short |
| KuCoin YGGUSDTM | +0.0100% | 4h | 0.02607 | +0.012% | $195K | $56K | 30x | as long as short |
| Bitget YGGUSDT | +0.0100% | 4h | 0.02605 | −0.065% | $549K | $188K | 50x | as long as short |
Kraken Futures PF_YGGUSD
Aster YGGUSDT
Binance YGGUSDT
OKX YGG-USDT-SWAP
Gate YGG_USDT
MEXC YGG_USDT
KuCoin YGGUSDTM
Bitget YGGUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX YGG-USDT | +0.0100% | 4h | 0.02604 | −0.104% | — | $2.4M | — | as long as short |
| Variational Omni YGG | +0.0100% | 4h | 0.02605 | −0.084% | $2K | $1 | — | as long as short |
BingX YGG-USDT
Variational Omni YGG