Settings8H · net · $10k
Funding arb · Price arb /

AIXBT

all AIXBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit+0.141%7-day average +0.111% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.141%, 7d avg +0.111%
Together, before fees+0.022%+ Points / potential airdropHyperliquid: Season 2 · farm board+$2 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: Hyperliquid is 0.029% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.111%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AIXBTUSDT0.022750.0100pay 0.0050% / 4h2h 23m$1.2M$1.0M25x
ShortHyperliquid AIXBT0.022780.0100get 0.0013% / 1h23m 47s$385K$199K3x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.141% → +0.111%
$2.94
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$17.06
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Hyperliquid: live order book, 16 min ago. Net counts fees only.

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, 2 min ago4.39 bp34.3 bp −$34359.2 bp −$3,592doesn't fitdoesn't fit
Sell Hyperliquid live order book, 16 min ago3.56 bp18.6 bp −$19doesn't fitdoesn't fitdoesn't fit

AIXBT on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_AIXBTUSD−0.1555%1h0.02276+0.041%$18K$7K10xas long as short
Variational Omni AIXBT−0.0042%4h0.02283+0.353%$100K$11Kas long as short
Hyperliquid AIXBTshort+0.0100%1h0.02278+0.141%$385K$199K3x
Binance AIXBTUSDT+0.0100%4h0.02278+0.127%$2.4M$3.2M50xas long as short
Bybit AIXBTUSDTlong+0.0100%4h0.02275long leg$1.2M$1.0M25x
OKX AIXBT-USDT-SWAP+0.0100%4h0.02275−0.004%$443K$1.6M20xas long as short
Gate AIXBT_USDT+0.0100%4h0.02281+0.259%$202K$100K25xas long as short
MEXC AIXBT_USDT+0.0100%4h0.02278+0.127%$440K$198K100xas long as short
KuCoin AIXBTUSDTM+0.0100%4h0.02277+0.084%$1.2M$1.4M30xas long as short
Bitget AIXBTUSDT+0.0100%4h0.02281+0.259%$652K$511K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AIXBT-USDT+0.0100%4h0.02280+0.215%$6.6Mas long as short
GMX AIXBT/USD [ETH-USDC]L +0.0270% / S −0.0486%1h0.02274−0.048%$5K100xas long as short
Reya AIXBTRUSDPERP+0.0372%1h0.02276+0.023%as long as short