BOME: 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
+104%
APR right now
Price gap
+0.216%
between legs
Average spread
+72%
over 24h from our own samples
Over 7 days
+72%
samples: 118
BybitLONG
Bid / ask0.001064 / 0.001065
Mark price0.001064
Volume 24h$3.98M
Open interest$2.92M
Rate+0.0050%
APR+11%
Interval / next payout4h / 1h 41m
BybitHyperliquidSHORT
Bid / ask0.001067 / 0.00107
Mark price0.001069
Volume 24h$453.77K
Open interest$3.99M
Rate+0.0131%
APR+115%
Interval / next payout1h / 41m
HyperliquidSpread from our samples
spread over the period: from 0% to 164% APR, 118 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.