Funding you earn now, next payment 07:00 UTC+0.0199%/8h= +21.8% APRpaid last 24h +0.248%
Price spread now: Hyperliquid against Bybit−0.035%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs+$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.368% of the position
Funding, last 7 days+0.474%+$47 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now −0.035%, 7d avg −0.023%
=Together, before fees+0.493%+ Points / potential airdropHyperliquid: Season 2 · farm board+$49 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XMRUSDT | 573.78 | 0.0644 | pay 0.0644% / 8h | 1h 34m | $46.5M | $60.4M | 75x |
| Short | Hyperliquid XMR | 573.58 | 0.0843 | get 0.0105% / 1h | 34m 00s | $86.9M | $65.8M | 5x |
Bybit XMRUSDT
Hyperliquid XMRFunding 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
- $41.79
- Price spread: −0.035% → −0.023%
- −$1.24
- Slippage, 4 orders
- −$16.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $3.79
- Costs to cover
- 0.368%
- Break-even
- 6.4 days
Slippage from Bybit: live order book, 5 min ago; Hyperliquid: live order book, 10 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, 5 min ago | 0.09 bp | 11.0 bp −$11 | 26.0 bp −$260 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.26 bp | 6.7 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
XMR on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0004% | 1h | 572.32 | −0.254% | $32K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.528% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 572.48 | −0.227% | $1.0M | $633K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 572.77 | −0.176% | $2K | $1.6M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 572.73 | −0.183% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 573.44 | −0.059% | $12K | — | 3x | as long as short |
| Lighter XMR | +0.0304% | 1h | 573.46 | −0.056% | $3.1M | $6.2M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0319% | 8h | 572.99 | −0.138% | $45.2M | $23.6M | 50x | as long as short |
| Extended XMR-USD | +0.0376% | 1h | 573.34 | −0.077% | $3.0M | $8.4M | 25x | as long as short |
| Polymarket Perps XMR-USD | +0.0511% | 1h | 573.12 | −0.115% | $22K | $2.0M | 5x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
Lighter XMR
KuCoin XMRUSDTM
Extended XMR-USD
Polymarket Perps XMR-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XMRUSDT | +0.0587% | 8h | 573.52 | −0.045% | $9.4M | $12.0M | 50x | as long as short |
| BingX XMR-USDT | +0.0618% | 8h | 573.65 | −0.023% | — | $5.5M | — | as long as short |
| MEXC XMR_USDT | +0.0634% | 8h | 573.54 | −0.042% | $20.0M | $14.4M | 100x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0634% | 1h | 572.59 | −0.207% | $5.4M | $16.8M | 50x | as long as short |
| Binance XMRUSDT | +0.0637% | 8h | 573.75 | −0.005% | $52.2M | $139.4M | 75x | as long as short |
| Bybit XMRUSDTlong | +0.0644% | 8h | 573.78 | long leg | $46.5M | $60.4M | 75x | |
| Gate XMR_USDT | +0.0657% | 8h | 573.19 | −0.103% | $1.5M | $3.3M | 50x | as long as short |
| dYdX XMR-USD | +0.0704% | 1h | 572.18 | −0.279% | $104K | $43K | 5x | as long as short |
| Aster XMRUSDT | +0.0791% | 8h | 572.95 | −0.144% | $634K | $2.0M | 75x | as long as short |
| Backpack XMR_USDC_PERP | +0.0798% | 1h | 573.07 | −0.124% | $174K | $524K | 20x | as long as short |
| Paradex XMR-USD-PERP | +0.0839% | 8h | 573.92 | +0.024% | $8K | $3K | 20x | as long as short |
| Hyperliquid XMRshort | +0.0843% | 1h | 573.58 | −0.035% | $86.9M | $65.8M | 5x | |
| SoDEX XMR-USD | +0.0984% | 1h | 573.54 | −0.042% | $436K | $3K | 5x | as long as short |
| GRVT XMR_USDT_Perp | +0.0990% | 8h | 572.20 | −0.276% | $341K | $711K | 10x | as long as short |
| Pacifica XMR | +0.1002% | 1h | 573.53 | −0.043% | $264K | $927K | 10x | as long as short |
| Nado XMR-PERP | +0.1021% | 1h | 573.34 | −0.077% | $1.3M | $445K | 10x | as long as short |
| BloFin XMR-USDT | +0.1048% | 8h | 574.01 | +0.040% | $2.7M | $10.8M | 75x | as long as short |
| Variational Omni XMR | +0.1113% | 8h | 572.30 | −0.257% | $6.2M | $2.4M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1127% / S −0.1482% | 1h | 572.82 | −0.167% | $594K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.1185% | 8h | 573.38 | −0.070% | $40K | $591K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.1940% | 1h | 573.36 | −0.073% | $1K | $42K | 10x | as long as short |
Bitget XMRUSDT
BingX XMR-USDT
MEXC XMR_USDT
Kraken Futures PF_XMRUSD
Binance XMRUSDT
Gate XMR_USDT
dYdX XMR-USD
Aster XMRUSDT
Backpack XMR_USDC_PERP
Paradex XMR-USD-PERP
SoDEX XMR-USD
GRVT XMR_USDT_Perp
Pacifica XMR
Nado XMR-PERP
BloFin XMR-USDT
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD