Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.081%
Price spread now: Hyperliquid against Bybit+0.187%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$340.337% of the position
Funding, last 7 days+0.270%+$27 on $10k
+Price spread, last 7 days−0.094%−$9 · spread now +0.187%, 7d avg +0.140%
=Together, before fees+0.176%+ Points / potential airdropHyperliquid: Season 2 · farm board+$18 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 0.047% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.140%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UNIUSDT | 8.8580 | 0.0100 | pay 0.0100% / 8h | 3h 09m | $99.2M | $111.8M | 75x |
| Short | Hyperliquid UNI | 8.8746 | 0.0100 | get 0.0013% / 1h | 9m 46s | $94.0M | $65.0M | 10x |
Bybit UNIUSDT
Hyperliquid UNIFunding 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: +0.187% → +0.140%
- $4.69
- Slippage, 4 orders
- −$13.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$28.99
- Costs to cover
- 0.337%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Hyperliquid: 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 Bybit live order book, 4 min ago | 0.56 bp | 8.9 bp −$9 | 17.2 bp −$172 | 43.1 bp −$4,306 | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.68 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
UNI on 40 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange UNIUSD | −0.0008% | 1h | 8.8656 | +0.086% | $442 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8630 | +0.056% | $48K | — | 150x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0014% | 1h | 8.8659 | +0.089% | $568K | $208K | 50x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.316% | $660 | $154K | 12x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8799 | +0.247% | $4.5M | $5.9M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8590 | +0.011% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8625 | +0.051% | $861K | $4.5M | 10x | as long as short |
| Hyperliquid UNIshort | +0.0100% | 1h | 8.8746 | +0.187% | $94.0M | $65.0M | 10x | |
| Aster UNIUSDT | +0.0100% | 8h | 8.8670 | +0.102% | $774K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8645 | +0.074% | $286K | $612K | 10x | as long as short |
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Deribit UNI_USDC-PERPETUAL
Injective UNI/USDC PERP
Lighter UNI
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8655 | +0.085% | $216.6M | $651.3M | 75x | as long as short |
| Bybit UNIUSDTlong | +0.0100% | 8h | 8.8580 | long leg | $99.2M | $111.8M | 75x | |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8620 | +0.045% | $53.8M | $260.3M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8720 | +0.158% | $318K | $666K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8700 | +0.135% | $23.4M | $65.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8700 | +0.135% | $47.1M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8700 | +0.135% | $13.1M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8630 | +0.056% | $32.6M | $46.1M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8690 | +0.124% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8684 | +0.117% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8419 | −0.182% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8810 | +0.260% | $168K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8650 | +0.079% | $616K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8820 | +0.271% | $91K | $701K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8580 | 0.000% | $15K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8672 | +0.104% | $84K | $458K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8600 | +0.023% | $16K | $1.5M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8682 | +0.115% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8624 | +0.050% | $31K | $816K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8683 | +0.116% | $700K | $4.9M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8690 | +0.124% | $26.8M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8656 | +0.085% | $284K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8630 | +0.056% | $31K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0216% | 1h | 8.8650 | +0.079% | $918K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8560 | −0.023% | $10.1M | $3.6M | 75x | as long as short |
| dYdX UNI-USD | +0.0235% | 1h | 8.8665 | +0.096% | $233K | $30K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0274% | 1h | 8.8691 | +0.126% | $4.8M | $8.2M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0375% | 1h | 8.8625 | +0.051% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8635 | +0.063% | $631K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0726% | 1h | 8.8942 | +0.409% | $892 | $45K | 10x | as long as short |
Binance UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
dYdX UNI-USD
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD