Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: Hyperliquid against Bybit+0.186%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1211.211% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days−0.191%−$19 · spread now +0.186%, 7d avg −0.003%
=Together, before fees−0.220%+ Points / potential airdropHyperliquid: Season 2 · farm board−$22 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 0.189% dearer against Bybit than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ALTUSDT | 0.007543 | 0.0100 | pay 0.0050% / 4h | 49m 07s | $1.2M | $1.7M | 25x |
| Short | Hyperliquid ALT | 0.007557 | 0.0100 | get 0.0013% / 1h | 49m 07s | $1.1M | $193K | 3x |
Bybit ALTUSDT
Hyperliquid ALTFunding 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 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: +0.186% → −0.003%
- $18.86
- Slippage, 4 orders
- −$101.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$102.28
- Costs to cover
- 1.211%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Hyperliquid: 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 Bybit live order book, 2 min ago | 5.28 bp | 30.3 bp −$30 | 273.5 bp −$2,735 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 1 min ago | 4.62 bp | 15.8 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | +0.0014% | 1h | 0.007565 | +0.292% | — | $0 | 25x | as long as short |
| BloFin ALT-USDT | +0.0041% | 4h | 0.007571 | +0.371% | $173K | $10K | 50x | as long as short |
| Hyperliquid ALTshort | +0.0100% | 1h | 0.007557 | +0.186% | $1.1M | $193K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007566 | +0.309% | $2.6M | $3.7M | 50x | as long as short |
| Bybit ALTUSDTlong | +0.0100% | 4h | 0.007543 | long leg | $1.2M | $1.7M | 25x | |
| Gate ALT_USDT | +0.0100% | 8h | 0.007561 | +0.239% | $48K | $393K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007565 | +0.292% | $383K | $185K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007574 | +0.411% | $151K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007544 | +0.013% | $595K | $108K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007551 | +0.106% | — | $1.3M | — | as long as short |
Deribit ALT_USDC-PERPETUAL
BloFin ALT-USDT
Binance ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.0100% | 4h | 0.007577 | +0.453% | $4K | $16K | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0316% | 1h | 0.007566 | +0.309% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0456% | 1h | 0.007700 | +2.081% | $14K | $3K | 50x | as long as short |
| Injective ALT/USDC PERP | +0.5000% | 1h | 0.007691 | +1.962% | $837 | $4K | 5.5x | as long as short |
Variational Omni ALT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP