USELESS funding rates across exchanges

Best pair right now: long Hyperliquid / short Bybit, a funding spread of 2.5% APR. Estimated net -$17 per $10k capital (1x) over 7 days after fees and spread.

ExchangeFunding rateIntervalAPR
Bybit0.0062%4h13.49%
Binance0.0050%4h10.95%
OKX0.0050%4h10.95%
Bitget0.0050%4h10.95%
Gate0.0050%4h10.95%
Hyperliquid0.0013%1h10.95%

All funding rate arbitrage opportunities