Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.040%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1101.096% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.040%, 7d avg −0.033%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HYPERUSDT | 0.07437 | 0.0100 | pay 0.0050% / 4h | 1h 21m | $311K | $258K | 50x |
| Short | Bybit HYPERUSDT | 0.07434 | 0.0100 | get 0.0050% / 4h | 1h 21m | $1.2M | $699K | 25x |
Bitget HYPERUSDT
Bybit HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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: −0.040% → −0.033%
- −$0.69
- Slippage, 4 orders
- −$86.56
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$110.25
- Costs to cover
- 1.096%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 54 min ago; Bybit: live order book, 5 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 Bitget live order book, 54 min ago | 6.05 bp | 31.1 bp −$31 | 82.2 bp −$822 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.37 bp | 31.4 bp −$31 | 265.8 bp −$2,658 | doesn't fit | doesn't fit |
HYPER 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTM | −0.0128% | 4h | 0.07417 | −0.269% | $127K | $93K | 30x | as long as short |
| Gate HYPER_USDT | +0.0016% | 4h | 0.07430 | −0.094% | $90K | $46K | 50x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07435 | −0.026% | $72K | $119K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07434 | −0.045% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07433 | −0.047% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDTshort | +0.0100% | 4h | 0.07434 | −0.040% | $1.2M | $699K | 25x | |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07433 | −0.054% | $255K | $131K | 20x | as long as short |
| Bitget HYPERUSDTlong | +0.0100% | 4h | 0.07437 | long leg | $311K | $258K | 50x | |
| Variational Omni HYPER | +0.0100% | 4h | 0.07425 | −0.167% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0124% | 4h | 0.07427 | −0.134% | $190K | $22K | 50x | as long as short |
KuCoin HYPERUSDTM
Gate HYPER_USDT
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
MEXC HYPER_USDT
Variational Omni HYPER
BloFin HYPER-USDT