After costs, if the gap returns to its 7d average, $10k−$109
spread now+0.301%7d average+0.226%fees + slippage, in and out−$116spread needed1.165%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARUSDT | 4.6800 | 0.0100 | pay 0.0100% / 8h | 1h 59m | $4.8M | $13.7M | 75x |
| Short | Hyperliquid AR | 4.6941 | 0.0100 | get 0.0013% / 1h | 59m 30s | $4.5M | $7.0M | 5x |
Bybit ARUSDT
Hyperliquid ARPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $30.13
- Funding while held
- $0
- Slippage, 4 orders
- −$96.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$86.34
- Spread needed to break even
- 1.165%
Slippage from Bybit: live order book, just now; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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, just now | 1.07 bp | 39.0 bp −$39 | 417.9 bp −$4,179 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 5.31 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
AR price on every exchange
against the cheapest. Click to use as the short leg.BingX4.6790cheapest
BingXBybit4.6800+0.021%
OKX4.6820+0.064%Gate4.6820+0.064%Bitget4.6820+0.064%Extended4.6823+0.070%Kraken Futures4.6830+0.086%MEXC4.6840+0.107%KuCoin4.6840+0.107%Binance4.6850+0.128%GMX4.6858+0.145%Aster4.6869+0.170%Variational Omni4.6877+0.186%BloFin4.6940+0.321%
OKX
Gate
Bitget
Extended
Kraken Futures
MEXC
KuCoin
Binance
GMX
Aster
Variational Omni
BloFinHyperliquid4.6941+0.323%
ApeX Omni4.6970+0.385%Injective4.7300+1.090%
ApeX Omni
InjectiveAR on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX AR-USDT | −0.021% | +0.0100% | 8h | — | $2.9M | — | as long as short |
| Bybit ARUSDTlong | 0.000% | +0.0100% | 8h | $4.8M | $13.7M | 75x | |
| OKX AR-USDT-SWAP | +0.043% | −0.0121% | 8h | $2.4M | $39.8M | 20x | as long as short |
| Gate AR_USDT | +0.043% | +0.0100% | 8h | $2.7M | $5.5M | 50x | as long as short |
| Bitget ARUSDT | +0.043% | +0.0100% | 8h | $4.0M | $11.6M | 75x | as long as short |
| Extended AR-USD | +0.048% | +0.0032% | 1h | $38K | $237K | 10x | as long as short |
| Kraken Futures PF_ARUSD | +0.064% | −0.1628% | 1h | $59K | $279K | 20x | as long as short |
| MEXC AR_USDT | +0.085% | +0.0029% | 8h | $6.3M | $7.7M | 100x | as long as short |
| KuCoin ARUSDTM | +0.085% | +0.0100% | 8h | $1.2M | $2.1M | 50x | as long as short |
| Binance ARUSDT | +0.107% | +0.0030% | 8h | $9.7M | $95.4M | 75x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX AR/USD [WBTC.b-USDC] | +0.123% | L −0.0145% / S +0.0551% | 1h | $593K | — | 50x | as long as short |
| Aster ARUSDT | +0.148% | −0.0086% | 8h | $35K | $1.2M | 10x | as long as short |
| Variational Omni AR | +0.165% | +0.0013% | 8h | $137K | $195K | — | as long as short |
| BloFin AR-USDT | +0.299% | +0.0039% | 8h | $467K | $1.1M | 20x | as long as short |
| Hyperliquid ARshort | +0.301% | +0.0100% | 1h | $4.5M | $7.0M | 5x | |
| ApeX Omni ARUSDT | +0.363% | +0.0100% | 1h | $39K | $742K | 50x | as long as short |
| Injective AR/USDC PERP | +1.068% | +0.0033% | 1h | $3K | $2K | 5.5x | as long as short |