ETH funding arbitrage: bybit vs hyperliquid

Long ETHUSDT on bybit against short ETH on hyperliquid.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitETHUSDT0.0060% / 8h+6.61%$2.07B$926.12M
ShorthyperliquidETH0.0013% / 1h+10.95%$1.04B$2.14B

Funding spread +4.34% APR. Price spread +0.0497%.

Data generated at 2026-09-01T05:32:46Z. Live numbers load on this page automatically.