Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit+0.050%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$930.934% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.050%, 7d avg −0.005%
=Together, before fees−0.008%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 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: Hyperliquid is 0.054% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYPERUSDT | 0.07424 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $1.1M | $706K | 25x |
| Short | Hyperliquid HYPER | 0.07428 | 0.0100 | get 0.0013% / 1h | 13m 09s | $72K | $121K | 3x |
Bybit HYPERUSDT
Hyperliquid HYPERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bybit. 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: +0.050% → −0.005%
- $5.45
- Slippage, 4 orders
- −$73.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$87.92
- Costs to cover
- 0.934%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Hyperliquid: live order book, 70 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 Bybit live order book, 2 min ago | 4.70 bp | 23.8 bp −$24 | 199.3 bp −$1,993 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 70 min ago | 0.07 bp | 21.8 bp −$22 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPER_USDT | −0.0040% | 4h | 0.07440 | +0.216% | $90K | $46K | 50x | as long as short |
| KuCoin HYPERUSDTM | +0.0006% | 4h | 0.07421 | −0.040% | $131K | $93K | 30x | as long as short |
| BloFin HYPER-USDT | +0.0042% | 4h | 0.07454 | +0.404% | $190K | $23K | 50x | as long as short |
| Hyperliquid HYPERshort | +0.0100% | 1h | 0.07428 | +0.050% | $72K | $121K | 3x | |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07431 | +0.095% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07422 | −0.027% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDTlong | +0.0100% | 4h | 0.07424 | long leg | $1.1M | $706K | 25x | |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07421 | −0.040% | $258K | $131K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07423 | −0.013% | $310K | $262K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07443 | +0.251% | $7K | $1K | — | as long as short |
Gate HYPER_USDT
KuCoin HYPERUSDTM
BloFin HYPER-USDT
Aster HYPERUSDT
Binance HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER