After costs, if the gap returns to its 7d average, $10k−$50
spread now+0.221%7d average+0.121%fees + slippage, in and out−$60spread needed0.604%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CCUSDT | 0.1154 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $10.2M | $3.4M | 25x |
| Short | Hyperliquid CC | 0.1157 | 0.0218 | get 0.0027% / 1h | 59m 45s | $5.3M | $1.1M | 3x |
Bybit CCUSDT
Hyperliquid CCPrice 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
- $22.09
- Funding while held
- $3.55
- Slippage, 4 orders
- −$40.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$34.81
- Spread needed to break even
- 0.604%
Slippage from Bybit: live order book, 5 min ago; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0118%
- Per $10,000 a day
- +$3.55
- 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, 5 min ago | 0.43 bp | 11.8 bp −$12 | 332.8 bp −$3,328 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 1.30 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
CC price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1140cheapestBloFin0.1152+1.035%Gate0.1153+1.114%Derive0.1153+1.126%Backpack0.1153+1.175%Variational Omni0.1153+1.181%Paradex0.1154+1.186%GMX0.1154+1.216%MEXC0.1154+1.219%BingX0.1154+1.246%Aster0.1154+1.253%KuCoin0.1154+1.254%
Injective
BloFin
Gate
Derive
Backpack
Variational Omni
Paradex
GMX
MEXC
BingX
Aster
KuCoinBybit0.1154+1.263%
Binance0.1154+1.272%Bitget0.1155+1.298%OKX0.1155+1.316%
Binance
Bitget
OKXHyperliquid0.1157+1.487%
Lighter0.1158+1.596%
LighterCC on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −1.247% | −0.5000% | 1h | $6K | $100 | 5.5x | as long as short |
| BloFin CC-USDT | −0.225% | +0.0340% | 4h | $602K | $102K | 75x | as long as short |
| Gate CC_USDT | −0.147% | +0.0100% | 4h | $355K | $196K | 50x | as long as short |
| Derive CC-PERP | −0.135% | +0.0100% | 1h | $5K | $31K | 6.7x | as long as short |
| Backpack CC_USDC_PERP | −0.087% | +0.0100% | 1h | $14K | $16K | 10x | as long as short |
| Variational Omni CC | −0.081% | +0.0100% | 4h | $573K | $43K | — | as long as short |
| Paradex CC-USD-PERP | −0.077% | +0.0079% | 8h | $1K | — | 5x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | −0.047% | L +0.0441% / S −0.0239% | 1h | $43K | — | 50x | as long as short |
| MEXC CC_USDT | −0.043% | +0.0100% | 4h | $1.7M | $278K | 100x | as long as short |
| BingX CC-USDT | −0.017% | +0.0100% | 4h | — | $6.6M | — | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster CCUSDT | −0.010% | +0.0100% | 4h | $36K | $32K | 20x | as long as short |
| KuCoin CCUSDTM | −0.009% | +0.0100% | 4h | $477K | $106K | 50x | as long as short |
| Bybit CCUSDTlong | 0.000% | +0.0100% | 4h | $10.2M | $3.4M | 25x | |
| Binance CCUSDT | +0.009% | +0.0100% | 4h | $11.2M | $9.7M | 75x | as long as short |
| Bitget CCUSDT | +0.035% | +0.0100% | 4h | $941K | $666K | 20x | as long as short |
| OKX CC-USDT-SWAP | +0.052% | +0.0100% | 4h | $2.5M | $3.1M | 20x | as long as short |
| Hyperliquid CCshort | +0.221% | +0.0218% | 1h | $5.3M | $1.1M | 3x | |
| Lighter CC | +0.329% | +0.1544% | 1h | $234K | $145K | 5x | as long as short |