Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%
Price spread now: Hyperliquid against Bybit+0.185%7-day average +0.202% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$680.681% of the position
Funding, last 7 days+0.332%+$33 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.185%, 7d avg +0.202%
=Together, before fees+0.312%+ Points / potential airdropHyperliquid: Season 2 · farm board+$31 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STRKUSDT | 0.04325 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $15.2M | $20.1M | 50x |
| Short | Hyperliquid STRK | 0.04333 | 0.0100 | get 0.0013% / 1h | 59m 31s | $14.6M | $6.3M | 5x |
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 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: +0.185% → +0.202%
- −$1.68
- Slippage, 4 orders
- −$48.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$69.81
- Costs to cover
- 0.681%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Hyperliquid: live order book, 3 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 Bybit live order book, 4 min ago | 1.16 bp | 17.1 bp −$17 | 56.2 bp −$562 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 2.31 bp | 14.1 bp −$14 | 36.4 bp −$364 | doesn't fit | doesn't fit |
STRK on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International STRK-PERP-INTX | −0.0976% | 1h | 0.04303 | −0.509% | $75K | $98K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | −0.0136% | 1h | 0.04335 | +0.241% | $460K | $548K | 20x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04337 | +0.282% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +17.225% | $3K | $38K | 5.5x | as long as short |
| Lighter STRK | +0.0096% | 1h | 0.04342 | +0.393% | $265K | $463K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04330 | +0.127% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRKshort | +0.0100% | 1h | 0.04333 | +0.185% | $14.6M | $6.3M | 5x | |
| Aster STRKUSDT | +0.0100% | 4h | 0.04335 | +0.242% | $33K | $229K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04333 | +0.180% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04328 | +0.067% | $12.4M | $44.6M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STRKUSDTlong | +0.0100% | 4h | 0.04325 | long leg | $15.2M | $20.1M | 50x | |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04328 | +0.069% | $4.7M | $19.8M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04327 | +0.046% | $567K | $1.3M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04327 | +0.046% | $12.2M | $1.9M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04332 | +0.162% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04332 | +0.160% | $3.1M | $3.7M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04330 | +0.116% | — | $9.2M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04335 | +0.231% | $30K | $143K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04320 | −0.122% | $429K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04319 | −0.146% | $186K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04429 | +2.405% | $1K | $844K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04329 | +0.100% | $121K | $659K | 10x | as long as short |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04324 | −0.023% | $764K | $788K | 75x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0442% | 1h | 0.04336 | +0.254% | $8K | $44K | 25x | as long as short |
Bybit STRKUSDT
Hyperliquid STRK
Coinbase International STRK-PERP-INTX
Kraken Futures PF_STRKUSD
Injective STRK/USDC PERP
Lighter STRK
Paradex STRK-USD-PERP
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT
Deribit STRK_USDC-PERPETUAL