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Futures ↔ futures: a long and a short on two exchanges

BRETT: long Bybit, short Hyperliquid

Now

The BRETT long opens on Bybit at 0.004797, the short on Hyperliquid at 0.004803. The price difference (basis) is 0.24%; taker fees for opening and closing both legs are 0.21%; after them 0.03%: +$0.30 per $1,000.

The pair's funding is 0.000% per 8 hours (negative: the pair pays).

Data as of 2026-10-24 23:37 UTC. On the free plan data is a minute older; paid plans get real time. This text is always a minute older; the live view below refreshes every 5 seconds.

Transfer and fees

No coins move between the exchanges: both legs open in place and close together.

Verdict

The engine's verdict: “Avoid”. Reasons: under $20 at the best price; close-spread.

History

Over 7 days the spread on Bybit → Hyperliquid opened 17 times; it usually lasts 7 min 39 s.

About this page

This page is one route: the prices of two exchanges, the spread before and after fees, the profit by the order books, the coin transfer status, a verdict and the spread's history. Below are the live chart for 6 hours, 24 hours, 7 and 30 days, both exchanges' order books and the trade step by step. A spread after fees is not the profit: the books' depth, the withdrawal fee and the time the coins are in transit all count.

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