Funding you earn now, next payment 02:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.085%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.013%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ARB/USD | 0.2200 | L +0.0005% / S −0.0005% | pay 0.0001% / 1h | 54m 39s | $31K | — | 150x |
| Short | Hyperliquid ARB | 0.2200 | 0.0100 | get 0.0013% / 1h | 54m 39s | $38.2M | $50.2M | 10x |
gTrade (Gains Network) ARB/USD
Hyperliquid ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.03
- Price spread: +0.013% → 0.000%
- $1.32
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $2.35
- Costs to cover
- 0.190%
- Break-even
- 6.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 9 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 9 min ago | 1.55 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ARB on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ARBUSDT | −0.1916% | 1h | 0.2228 | +1.263% | $120K | $296K | 50x | as long as short |
| Injective ARB/USDC PERP | −0.1692% | 1h | 0.2190 | −0.464% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0229% | 1h | 0.2198 | −0.078% | $10K | $2.5M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0216% | 1h | 0.2197 | −0.164% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0204% | 1h | 0.2199 | −0.037% | $24K | $34K | 25x | as long as short |
| Variational Omni ARB | −0.0190% | 8h | 0.2195 | −0.236% | $1.8M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0107% | 8h | 0.2196 | −0.210% | $22.2M | $155.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2198 | −0.087% | $37.2M | $58.8M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0070% | 1h | 0.2199 | −0.050% | $70K | $2.0M | 10x | as long as short |
| Bybit ARBUSDT | −0.0065% | 8h | 0.2195 | −0.241% | $56.9M | $128.7M | 50x | as long as short |
ApeX Omni ARBUSDT
Injective ARB/USDC PERP
SoDEX ARB-USD
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0053% | 8h | 0.2200 | −0.010% | $12K | $387K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2200 | −0.007% | $65K | $5K | 10x | as long as short |
| Binance ARBUSDT | +0.0004% | 8h | 0.2200 | +0.012% | $64.7M | $316.8M | 75x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0005% | 1h | 0.2200 | long leg | $31K | — | 150x | |
| Extended ARB-USD | +0.0008% | 1h | 0.2195 | −0.253% | $350K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0020% | 8h | 0.2198 | −0.087% | $3.1M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2200 | +0.013% | $140K | $7K | 3x | as long as short |
| Gate ARB_USDT | +0.0090% | 8h | 0.2196 | −0.200% | $5.4M | $19.6M | 60x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2200 | +0.009% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARBshort | +0.0100% | 1h | 0.2200 | +0.013% | $38.2M | $50.2M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2200 | +0.009% | $686K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2200 | −0.021% | $43K | $186K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2200 | +0.004% | $19.5M | $15.9M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2195 | −0.237% | $20.9M | $36.5M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2198 | −0.119% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2227 | +1.231% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2229 | +1.328% | $483K | $3.5M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2199 | −0.055% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2199 | −0.055% | $286K | $997K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2200 | −0.010% | $5.1M | $13.0M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0012% | 1h | 0.2200 | −0.012% | $841K | — | 150x | as long as short |
| Backpack ARB_USDC_PERP | +0.0235% | 1h | 0.2203 | +0.140% | $997K | $2.9M | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2201 | +0.036% | $503K | $2.2M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2197 | −0.143% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0314% | 1h | 0.2201 | +0.032% | $1.1M | $4.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2197 | −0.155% | $495K | $2.6M | 10x | as long as short |
Orderly PERP_ARB_USDC
dYdX ARB-USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
Gate ARB_USDT
Lighter ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC