Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.041%
Price spread now: Bybit against Hyperliquid−0.189%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$510.515% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 7 days+0.137%+$14 · spread now −0.189%, 7d avg −0.051%
=Together, before fees+0.030%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 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: Bybit is 0.138% cheaper against Hyperliquid than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SEI | 0.05936 | 0.0100 | pay 0.0013% / 1h | 44m 31s | $3.4M | $6.6M | 5x |
| Short | Bybit SEIUSDT | 0.05925 | 0.0100 | get 0.0100% / 8h | 2h 44m | $13.9M | $36.6M | 50x |
Hyperliquid SEI
Bybit SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Hyperliquid. 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: −0.189% → −0.051%
- −$13.79
- Slippage, 4 orders
- −$31.49
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$65.28
- Costs to cover
- 0.515%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Bybit: live order book, 4 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 Hyperliquid live order book, 8 min ago | 1.18 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.84 bp | 14.9 bp −$15 | 36.1 bp −$361 | doesn't fit | doesn't fit |
SEI on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05933 | −0.057% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.401% | $33K | $213K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05933 | −0.048% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05936 | −0.003% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0050% | 8h | 0.05938 | +0.022% | $315K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05931 | −0.088% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05934 | −0.037% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEIlong | +0.0100% | 1h | 0.05936 | long leg | $3.4M | $6.6M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05933 | −0.062% | $310K | $382K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05934 | −0.037% | $13.9M | $128.4M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDTshort | +0.0100% | 8h | 0.05925 | −0.189% | $13.9M | $36.6M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05928 | −0.138% | $3.0M | $40.4M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05931 | −0.088% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05933 | −0.054% | $29.7M | $26.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05934 | −0.037% | $7.2M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05931 | −0.088% | $9.3M | $17.3M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05931 | −0.088% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05935 | −0.020% | $118K | $566K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05944 | +0.131% | $209K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.064% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05943 | +0.115% | $23K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05929 | −0.115% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0213% | 1h | 0.05935 | −0.022% | $375K | $1.7M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05933 | −0.054% | $717K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05932 | −0.066% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05962 | +0.435% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.1957% | 1h | 0.05931 | −0.079% | $101K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD