Settings8H · net · $10k
Funding arb · Price arb /

RSR

all RSR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bybit−0.114%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2442.442% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.114%, 7d avg −0.077%
Together, before fees+0.015%+ 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 0.037% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.077%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RSRUSDT0.0016640.0100pay 0.0100% / 8h3h 54m$829K$345K75x
ShortHyperliquid RSR0.0016620.0100get 0.0013% / 1h54m 08s$187K$72K3x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.114% → −0.077%
−$3.73
Slippage, 4 orders
−$224.17
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$247.89
Costs to cover
2.442%
Break-even
never at this rate
Slippage from Bybit: live order book, 61 min ago; Hyperliquid: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 61 min ago7.24 bp88.2 bp −$88314.9 bp −$3,149doesn't fitdoesn't fit
Sell Hyperliquid live order book, 25 min ago3.00 bp46.0 bp −$46doesn't fitdoesn't fitdoesn't fit

RSR on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RSR-USDT+0.0075%8h0.001660−0.234%$96K$16K75xas long as short
Hyperliquid RSRshort+0.0100%1h0.001662−0.114%$187K$72K3x
Binance RSRUSDT+0.0100%8h0.001660−0.234%$1.9M$2.9M75xas long as short
Bybit RSRUSDTlong+0.0100%8h0.001664long leg$829K$345K75x
OKX RSR-USDT-SWAP+0.0100%8h0.001659−0.294%$395K$269K20xas long as short
Gate RSR_USDT+0.0100%8h0.001661−0.174%$143K$34K50xas long as short
MEXC RSR_USDT+0.0100%8h0.001661−0.174%$1.5M$462K75xas long as short
KuCoin RSRUSDTM+0.0100%8h0.001662−0.114%$772K$132K30xas long as short
Bitget RSRUSDT+0.0100%8h0.001663−0.054%$633K$207K50xas long as short
BingX RSR-USDT+0.0100%8h0.001661−0.174%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RSR+0.0100%8h0.001664−0.011%$5K$216as long as short
Kraken Futures PF_RSRUSD+0.0220%1h0.001661−0.150%$61K$10K10xas long as short