STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%

Price spread now: Bybit against Hyperliquid+0.089%7-day average +0.077% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.089%, 7d avg +0.077%

Together, before fees+0.024%+ Points / potential airdropHyperliquid: Season 2 · farm board+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid STABLE	0.02474	0.0100	pay 0.0013% / 1h	55m 05s	$873K	$235K	3x
Short	Bybit STABLEUSDT	0.02477	0.0100	get 0.0050% / 4h	2h 55m	$1.5M	$819K	25x

Funding history

latest

Range statsloading…

Bybit against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee HyperliquidbpFee BybitbpOrdersPrice spread, now +0.089%Rate

Slippage unknown: Hyperliquid: live order book, 30 min ago; Bybit: live order book, 1 min ago. Net counts fees only.

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, 30 min ago	6.87 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	4.04 bp	33.5 bp −$34	214.5 bp −$2,145	doesn't fit	doesn't fit

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
Aster STABLEUSDT	−0.0183%	4h	0.02471	−0.128%	$19K	$7K	20x	as long as short
BloFin STABLE-USDT	+0.0094%	4h	0.02476	+0.061%	$115K	$8K	75x	as long as short
Lighter STABLE	+0.0096%	1h	0.02490	+0.610%	$114K	$3K	3x	as long as short
Hyperliquid STABLElong	+0.0100%	1h	0.02474	long leg	$873K	$235K	3x
Binance STABLEUSDT	+0.0100%	4h	0.02474	−0.018%	$2.4M	$2.7M	75x	as long as short
Bybit STABLEUSDTshort	+0.0100%	4h	0.02477	+0.089%	$1.5M	$819K	25x
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02474	−0.020%	$204K	$417K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02474	−0.020%	$171K	$87K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02474	−0.020%	$660K	$156K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02479	+0.182%	$175K	$27K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget STABLEUSDT	+0.0100%	4h	0.02477	+0.101%	$292K	$117K	25x	as long as short
BingX STABLE-USDT	+0.0100%	4h	0.02476	+0.061%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02475	+0.040%	$145K	$51K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02475	+0.040%	$2K	$642K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02474	−0.029%	$12K	$175K	10x	as long as short