ETH funding arbitrage: bybit vs hyperliquid

Long ETHPERP on bybit against short ETH on hyperliquid.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitETHPERP0.0085% / 8h+9.26%$15.02M$18.40M
ShorthyperliquidETH0.0013% / 1h+10.95%$1.04B$2.14B

Funding spread +1.69% APR. Price spread +0.0905%.

Data generated at 2026-09-01T05:32:51Z. Live numbers load on this page automatically.