Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Bybit against Hyperliquid−0.145%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1131.133% of the position
Funding, last 7 days+0.198%+$20 on $10k
+Price spread, last 4 days (all we have)+0.145%+$15 · spread now −0.145%, 7d avg −0.011%
=Together, before fees+0.344%+ Points / potential airdropHyperliquid: Season 2 · farm board+$34 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 0.134% cheaper against Hyperliquid than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AVNT | 0.1170 | 0.0100 | pay 0.0013% / 1h | 22m 48s | $700K | $307K | 5x |
| Short | Bybit AVNTUSDT | 0.1168 | 0.0100 | get 0.0050% / 4h | 3h 22m | $2.9M | $2.3M | 50x |
Funding 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: −0.145% → −0.011%
- −$13.38
- Slippage, 4 orders
- −$93.31
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$126.69
- Costs to cover
- 1.133%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 27 min ago; Bybit: live order book, 4 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, 27 min ago | 0.85 bp | 14.8 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.16 bp | 37.9 bp −$38 | 125.1 bp −$1,251 | doesn't fit | doesn't fit |
AVNT on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack AVNT_USDC_PERP | −0.0532% | 1h | 0.1170 | +0.043% | $31K | $47K | 5x | as long as short |
| Gate AVNT_USDT | −0.0001% | 8h | 0.1168 | −0.162% | $241K | $199K | 50x | as long as short |
| Deribit AVNT_USDC-PERPETUAL | 0.0000% | 1h | 0.1169 | −0.051% | $153 | $445 | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | 0.0000% | 1h | 0.1179 | +0.786% | $14K | $17K | 50x | as long as short |
| Variational Omni AVNT | +0.0008% | 4h | 0.1158 | −1.058% | $18K | $114K | — | as long as short |
| BloFin AVNT-USDT | +0.0051% | 4h | 0.1168 | −0.128% | $162K | $55K | 75x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1172 | +0.162% | $52K | $48K | 5x | as long as short |
| Hyperliquid AVNTlong | +0.0100% | 1h | 0.1170 | long leg | $700K | $307K | 5x | |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1169 | −0.084% | $31K | $52K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1170 | −0.027% | $3.2M | $7.1M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit AVNTUSDTshort | +0.0100% | 4h | 0.1168 | −0.145% | $2.9M | $2.3M | 50x | |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1170 | −0.026% | $708K | $2.0M | 20x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1170 | +0.009% | $2.5M | $999K | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1169 | −0.060% | $2.2M | $4.3M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1170 | +0.026% | $671K | $315K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1169 | −0.094% | — | $6.6M | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1162 | −0.671% | $191K | $933K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1172 | +0.205% | $1K | $1.3M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1171 | +0.120% | $36K | $50K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1169 | −0.097% | $17K | $268K | 10x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0289% / S −0.0808% | 1h | 0.1169 | −0.056% | $7K | — | 100x | as long as short |
Hyperliquid AVNT
Bybit AVNTUSDT
Backpack AVNT_USDC_PERP
Gate AVNT_USDT
Deribit AVNT_USDC-PERPETUAL
Coinbase International AVNT-PERP-INTX
Variational Omni AVNT
BloFin AVNT-USDT
Lighter AVNT
Aster AVNTUSDT
Binance AVNTUSDT
OKX AVNT-USDT-SWAP
MEXC AVNT_USDT
KuCoin AVNTUSDTM
Bitget AVNTUSDT
BingX AVNT-USDT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
GMX AVNT/USD [ETH-USDC]