Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against Bybit−0.027%7-day average −0.071% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now −0.027%, 7d avg −0.071%
=Together, before fees−0.035%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 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 0.044% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEUSDT | 0.07439 | 0.0100 | pay 0.0050% / 4h | 0m 24s | $1.5M | $658K | 25x |
| Short | Hyperliquid ME | 0.07437 | 0.0100 | get 0.0013% / 1h | 0m 24s | $234K | $96K | 3x |
Bybit MEUSDT
Hyperliquid MEFunding 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: −0.027% → −0.071%
- $4.45
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$15.55
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 6 min ago; Hyperliquid: live order book, 59 min ago. Net counts fees only.
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, 6 min ago | 4.72 bp | 43.2 bp −$43 | 239.9 bp −$2,399 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 59 min ago | 1.36 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MEshort | +0.0100% | 1h | 0.07437 | −0.027% | $234K | $96K | 3x | |
| Binance MEUSDT | +0.0100% | 4h | 0.07440 | +0.016% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDTlong | +0.0100% | 4h | 0.07439 | long leg | $1.5M | $658K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07430 | −0.121% | $478K | $1.0M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07430 | −0.121% | $190K | $74K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07439 | 0.000% | $507K | $132K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07439 | 0.000% | $207K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07437 | −0.027% | $647K | $409K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07442 | +0.040% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07431 | −0.108% | $12K | $2K | — | as long as short |
Binance MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDT
Variational Omni MEShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0141% | 4h | 0.07425 | −0.188% | $108K | $7K | 50x | as long as short |
| Aster MEUSDT | +0.0192% | 4h | 0.07434 | −0.065% | $17K | $11K | 5x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07439 | −0.001% | $26K | — | 15x | as long as short |
BloFin ME-USDT
Aster MEUSDT
Reya MERUSDPERP