After costs, if the gap returns to its 7d average, $10k−$145
spread now+0.060%7d average+0.124%fees + slippage, in and out−$139spread needed1.387%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NOTUSDT | 0.0004967 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $2.1M | $995K | 25x |
| Short | Hyperliquid NOT | 0.0004970 | 0.0100 | get 0.0013% / 1h | 59m 07s | $364K | $68K | 3x |
Bybit NOTUSDT
Hyperliquid NOTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $6.04
- Funding while held
- $0
- Slippage, 4 orders
- −$118.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$132.68
- Spread needed to break even
- 1.387%
Slippage from Bybit: live order book, 4 min ago; Hyperliquid: live order book, 62 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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, 4 min ago | 4.04 bp | 38.8 bp −$39 | 162.6 bp −$1,626 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 62 min ago | 9.95 bp | 27.9 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
NOT price on every exchange
against the cheapest. Click to use as the short leg.Injective0.0004874cheapestGate0.0004960+1.764%KuCoin0.0004966+1.888%BingX0.0004966+1.888%Variational Omni0.0004966+1.897%
Injective
Gate
KuCoin
BingX
Variational OmniBybit0.0004967+1.908%
OKX0.0004967+1.908%Binance0.0004968+1.922%Extended0.0004968+1.933%MEXC0.0004969+1.949%Aster0.0004969+1.953%
OKX
Binance
Extended
MEXC
AsterHyperliquid0.0004970+1.970%
Bitget0.0004973+2.031%BloFin0.0004973+2.031%Lighter0.0004979+2.152%Kraken Futures0.0005006+2.710%
Bitget
BloFin
Lighter
Kraken FuturesNOT on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective NOT/USDC PERP | −1.872% | +0.0033% | 1h | $1K | $13K | 5.5x | as long as short |
| Gate NOT_USDT | −0.141% | +0.0100% | 4h | $139K | $86K | 50x | as long as short |
| KuCoin NOTUSDTM | −0.020% | +0.0100% | 4h | $483K | $137K | 50x | as long as short |
| BingX NOT-USDT | −0.020% | +0.0100% | 4h | — | $7.4M | — | as long as short |
| Variational Omni NOT | −0.011% | −0.0122% | 4h | $61K | $48K | — | as long as short |
| Bybit NOTUSDTlong | 0.000% | +0.0100% | 4h | $2.1M | $995K | 25x | |
| OKX NOT-USDT-SWAP | 0.000% | +0.0100% | 4h | $590K | $663K | 20x | as long as short |
| Binance NOTUSDT | +0.014% | +0.0100% | 4h | $2.0M | $3.3M | 50x | as long as short |
| Extended kNOT-USD | +0.024% | +0.0104% | 1h | $4K | $2K | 5x | as long as short |
| MEXC NOT_USDT | +0.040% | +0.0100% | 4h | $1.4M | $466K | 200x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster NOTUSDT | +0.044% | +0.0100% | 4h | $14K | $23K | 5x | as long as short |
| Hyperliquid NOTshort | +0.060% | +0.0100% | 1h | $364K | $68K | 3x | |
| Bitget NOTUSDT | +0.121% | +0.0100% | 4h | $634K | $445K | 50x | as long as short |
| BloFin NOT-USDT | +0.121% | +0.0102% | 4h | $113K | $19K | 50x | as long as short |
| Lighter 1000NOT | +0.240% | +0.0096% | 1h | $11K | $5K | 3x | as long as short |
| Kraken Futures PF_NOTUSD | +0.787% | +0.6877% | 1h | $48K | $9K | 10x | as long as short |