INIT funding arbitrage: bybit vs hyperliquid
Long INITUSDT on bybit against short INIT on hyperliquid.
| Side | Exchange | Symbol | Funding | Funding APR | 24h volume | Open interest |
|---|---|---|---|---|---|---|
| Long | bybit | INITUSDT | -0.0322% / 4h | -70.44% | $351.0K | $535.8K |
| Short | hyperliquid | INIT | 0.0013% / 1h | +10.95% | $167.5K | $401.1K |
Funding spread +81.39% APR. Price spread -0.0051%.
Data generated at 2026-09-01T05:32:12Z. Live numbers load on this page automatically.