Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: Hyperliquid against Bybit+0.044%7-day average −0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1631.633% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.226%−$23 · spread now +0.044%, 7d avg −0.083%
=Together, before fees−0.249%+ Points / potential airdropHyperliquid: Season 2 · farm board−$25 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 0.127% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTAUSDT | 0.04774 | 0.0100 | pay 0.0100% / 8h | 39m 01s | $2.2M | $1.5M | 75x |
| Short | Hyperliquid IOTA | 0.04776 | 0.0100 | get 0.0013% / 1h | 39m 01s | $895K | $327K | 3x |
Bybit IOTAUSDT
Hyperliquid IOTAFunding 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: +0.044% → −0.083%
- $12.68
- Slippage, 4 orders
- −$143.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$150.6
- Costs to cover
- 1.633%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Hyperliquid: live order book, 21 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, 3 min ago | 5.22 bp | 34.6 bp −$35 | 87.7 bp −$877 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 21 min ago | 0.94 bp | 50.5 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
IOTA on 12 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_IOTAUSD | −0.0886% | 1h | 0.04771 | −0.055% | $19K | $13K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0083% | 8h | 0.04773 | −0.021% | $164K | $43K | 75x | as long as short |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04776 | +0.044% | $895K | $327K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04772 | −0.042% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDTlong | +0.0100% | 8h | 0.04774 | long leg | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04772 | −0.042% | $554K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04772 | −0.042% | $822K | $256K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04772 | −0.042% | $585K | $174K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04782 | +0.168% | $1.8M | $723K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04772 | −0.042% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Binance IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04791 | +0.347% | $50K | $32K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0800% | 8h | 0.04783 | +0.189% | $2.7M | $228K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM