AERO: Bybit → Hyperliquid

Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.

Spread

+0%

APR right now

Price gap

+0.092%

between legs

Average spread

+24%

over 24h from our own samples

Over 7 days

+24%

samples: 202

BybitLONG

Bid / ask0.6909 / 0.6911

Mark price0.6911

Volume 24h$16.94M

Open interest$23.05M

Rate+0.0050%

APR+11%

Interval / next payout4h / 18m

Bybit

HyperliquidSHORT

Bid / ask0.691733 / 0.692564

Mark price0.69218

Volume 24h$6.01M

Open interest$23.09M

Rate+0.0013%

APR+11%

Interval / next payout1h / 18m

Hyperliquid

Spread from our samples

spread over the period: from 0% to 195% APR, 202 samples

The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.