Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Hyperliquid−0.158%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$700.704% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now −0.158%, 7d avg −0.060%
=Together, before fees+0.031%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 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 0.098% cheaper against Hyperliquid than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ETC | 8.8490 | 0.0100 | pay 0.0013% / 1h | 30m 03s | $2.5M | $598K | 5x |
| Short | Bybit ETCUSDT | 8.8350 | 0.0100 | get 0.0100% / 8h | 6h 30m | $12.9M | $7.7M | 75x |
Hyperliquid ETC
Bybit ETCUSDTFunding 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: −0.158% → −0.060%
- −$9.81
- Slippage, 4 orders
- −$50.38
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$80.19
- Costs to cover
- 0.704%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 1 min ago; Bybit: live order book, 3 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, 1 min ago | 2.32 bp | 18.9 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.57 bp | 16.4 bp −$16 | 46.4 bp −$464 | 182.6 bp −$18.3K | doesn't fit |
ETC 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0016% | 1h | 8.8464 | −0.029% | $1.9M | $708K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8237 | −0.285% | $9K | $46 | 10x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8318 | −0.194% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.294% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETClong | +0.0100% | 1h | 8.8490 | long leg | $2.5M | $598K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.8364 | −0.143% | $989K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8420 | −0.079% | $26.6M | $69.5M | 75x | as long as short |
| Bybit ETCUSDTshort | +0.0100% | 8h | 8.8350 | −0.158% | $12.9M | $7.7M | 75x | |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8420 | −0.079% | $8.6M | $17.3M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.8430 | −0.068% | $3.6M | $2.6M | 60x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Aster ETCUSDT
Binance ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.8430 | −0.068% | $7.1M | $32.7M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8400 | −0.102% | $2.9M | $680K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8380 | −0.124% | $9.7M | $4.0M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8400 | −0.102% | — | $706K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8151 | −0.383% | $124K | $3K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8440 | −0.057% | $161 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8440 | −0.057% | $121K | $295K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8410 | −0.090% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8398 | −0.104% | $11K | $91K | 25x | as long as short |
| Deribit ETC_USDC-PERPETUAL | +0.0214% | 1h | 8.8464 | −0.029% | $501 | — | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0616% | 1h | 9.0540 | +2.317% | $39K | $17K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Deribit ETC_USDC-PERPETUAL
Coinbase International ETC-PERP-INTX