Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.007%
Price spread now: Hyperliquid against Bybit+0.083%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.083%, 7d avg −0.003%
=Together, before fees−0.001%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.086% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread 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 ATOMUSDT | 1.8071 | 0.0002 | pay 0.0002% / 8h | 31m 24s | $15.1M | $10.6M | 75x |
| Short | Hyperliquid ATOM | 1.8086 | 0.0100 | get 0.0013% / 1h | 31m 24s | $2.8M | $853K | 5x |
Bybit ATOMUSDT
Hyperliquid ATOMFunding 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
- $20.53
- Price spread: +0.083% → −0.003%
- $8.62
- 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
- $9.15
- Costs to cover
- 0.200%
- Break-even
- 3.9 days
Slippage unknown: Bybit: live order book, 2 min ago; Hyperliquid: live order book, 10 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 Bybit live order book, 2 min ago | 2.77 bp | 12.6 bp −$13 | 27.1 bp −$271 | 100.1 bp −$10.0K | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.83 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
ATOM on 25 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 ATOM_USDC-PERPETUAL | −0.0137% | 1h | 1.8098 | +0.149% | $498 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0066% | 8h | 1.8070 | −0.006% | $5.2M | $5.4M | 50x | as long as short |
| Variational Omni ATOM | −0.0006% | 8h | 1.8073 | +0.011% | $578K | $80K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8098 | +0.148% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8097 | +0.143% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDTlong | +0.0002% | 8h | 1.8071 | long leg | $15.1M | $10.6M | 75x | |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.8150 | +0.437% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOMshort | +0.0100% | 1h | 1.8086 | +0.083% | $2.8M | $853K | 5x | |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8100 | +0.162% | $985K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8090 | +0.105% | $21.5M | $30.9M | 75x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Aster ATOMUSDT
Binance ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8090 | +0.105% | $2.5M | $845K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8080 | +0.050% | $9.2M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8100 | +0.160% | $1.6M | $833K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8076 | +0.028% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8080 | +0.050% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8080 | +0.051% | $445K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8087 | +0.089% | $774K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8073 | +0.011% | $309K | $174K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8090 | +0.105% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8088 | +0.095% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0121% | 8h | 1.8060 | −0.061% | $1.1M | $335K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8090 | +0.105% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8102 | +0.172% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8071 | 0.000% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0243% | 1h | 1.8112 | +0.224% | $3.1M | $681K | 50x | as long as short |
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Kraken Futures PF_ATOMUSD