Hyperliquid vs Bybit perpetual futures
Hyperliquid vs Bybit: Hyperliquid taker 0.045% / maker 0.015% fees and 1h funding; Bybit non-VIP taker 0.055% / maker 0.02% fees and per market fundingInterval (API; 8h default, 1h/2h/4h on volatile markets) funding. 173 assets trade on both; longs paid less funding on Hyperliquid for 16 of 173 right now.
as of 2026-10-10 14:05 UTC. source: each exchange's docs and public API, checked hourly.
rules side by side
| Hyperliquid | Bybit | |
|---|---|---|
| markets | 178 | 858 |
| funding interval | 1h | per market fundingInterval (API; 8h default, 1h/2h/4h on volatile markets) |
| funding cap | 4% per hour | per market upper/lowerFundingRate (API) |
| base fees | taker 0.045% / maker 0.015% | non-VIP taker 0.055% / maker 0.02% |
| max leverage | 3-40x | 5-150x |
biggest funding gaps now (annualized)
| asset | Hyperliquid | Bybit | gap |
|---|---|---|---|
| MINA | -180.7% | +2.7% | -183.4% |
| LUNC | +10.9% | -131.9% | +142.9% |
| S | -54.5% | +10.9% | -65.4% |
| JUP | -40.4% | +10.9% | -51.4% |
| BLUR | -8.9% | -59.7% | +50.8% |
| NXPC | -37.1% | +10.9% | -48.0% |
| VVV | +10.9% | -32.4% | +43.4% |
| TRX | +9.8% | -33.0% | +42.8% |
| CC | +10.9% | -25.7% | +36.6% |
| SKY | +10.9% | -25.5% | +36.5% |
| PNUT | +10.9% | -22.6% | +33.6% |
| BANANA | +10.9% | -20.7% | +31.7% |
| NEO | +10.9% | -20.3% | +31.3% |
| UMA | -19.0% | +10.9% | -29.9% |
| MET | +10.9% | -17.0% | +28.0% |