Funding you earn now, next payment 00:00 UTC−0.1667%/8h= −182.6% APRpaid last 24h −0.239%
Price spread now: Bybit against Hyperliquid−0.093%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$870.872% of the position
Funding, last 7 days−0.416%−$42 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.093%, 7d avg −0.087%
=Together, before fees−0.378%+ Points / potential airdropHyperliquid: Season 2 · farm board−$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.087%, so right now this pair is about funding alone: −$50 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.416% in total (about -21.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BSV | 18.431 | 0.1767 | pay 0.0221% / 1h | 55m 36s | $555K | $191K | 3x |
| Short | Bybit BSVUSDT | 18.414 | 0.0100 | get 0.0050% / 4h | 55m 36s | $1.5M | $584K | 75x |
Hyperliquid BSV
Bybit BSVUSDTFunding 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
- −$350.16
- Price spread: −0.093% → −0.087%
- −$0.61
- Slippage, 4 orders
- −$67.19
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$437.95
- Costs to cover
- 0.872%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 14 min ago; Bybit: 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 Hyperliquid live order book, 14 min ago | 1.09 bp | 17.3 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.43 bp | 26.8 bp −$27 | 134.9 bp −$1,349 | doesn't fit | doesn't fit |
BSV on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BSV/USDC PERP | −0.0024% | 1h | 18.370 | −0.332% | $1K | $88K | 5.5x | as long as short |
| Binance BSVUSDT | +0.0100% | 4h | 18.430 | −0.007% | $1.7M | $1.8M | 75x | as long as short |
| Bybit BSVUSDTshort | +0.0100% | 4h | 18.414 | −0.093% | $1.5M | $584K | 75x | |
| Gate BSV_USDT | +0.0100% | 4h | 18.370 | −0.332% | $1.6M | $1.3M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 18.420 | −0.061% | $1.3M | $352K | 125x | as long as short |
| KuCoin BSVUSDTM | +0.0100% | 4h | 18.430 | −0.007% | $668K | $60K | 30x | as long as short |
| Bitget BSVUSDT | +0.0100% | 4h | 18.340 | −0.495% | $1.9M | $426K | 75x | as long as short |
| BingX BSV-USDT | +0.0100% | 4h | 18.350 | −0.441% | — | $2.3M | — | as long as short |
| BloFin BSV-USDT | +0.0119% | 4h | 18.390 | −0.224% | $110K | $207K | 75x | as long as short |
| Hyperliquid BSVlong | +0.1767% | 1h | 18.431 | long leg | $555K | $191K | 3x |
Injective BSV/USDC PERP
Binance BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
KuCoin BSVUSDTM
Bitget BSVUSDT
BingX BSV-USDT
BloFin BSV-USDT