Funding you earn now, next payment 04:00 UTC+0.0221%/8h= +24.2% APRpaid last 24h +0.069%
Price spread now: Hyperliquid against Gate+0.005%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$540.543% of the position
Funding, last 7 days+0.292%+$29 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now +0.005%, 7d avg +0.100%
=Together, before fees+0.310%+ Points / potential airdropHyperliquid: Season 2 · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.095% cheaper against Gate than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.100%). If the spread goes back, that is −$9 on $10k: about 34 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2206 | −0.0121 | get 0.0121% / 8h | 4h 58m | $5.4M | $18.6M | 60x |
| Short | Hyperliquid ARB | 0.2206 | 0.0100 | get 0.0013% / 1h | 58m 11s | $38.2M | $49.1M | 10x |
Gate ARB_USDT
Hyperliquid ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Gate. 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
- $46.41
- Price spread: +0.005% → +0.100%
- −$9.5
- Slippage, 4 orders
- −$30.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.35
- Costs to cover
- 0.543%
- Break-even
- 9.6 days
Slippage from Gate: live order book, 6 min ago; Hyperliquid: live order book, 5 min ago.
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 Gate live order book, 6 min ago | 2.27 bp | 14.9 bp −$15 | 24.3 bp −$243 | 102.3 bp −$10.2K | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 1.36 bp | 8.2 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1649% | 1h | 0.2193 | −0.571% | $40K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0204% | 1h | 0.2204 | −0.077% | $24K | $34K | 25x | as long as short |
| MEXC ARB_USDT | −0.0145% | 8h | 0.2205 | −0.027% | $41.0M | $59.4M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0145% | 8h | 0.2201 | −0.199% | $22.2M | $148.4M | 50x | as long as short |
| Variational Omni ARB | −0.0130% | 8h | 0.2205 | −0.041% | $1.8M | $3.0M | — | as long as short |
| Gate ARB_USDTlong | −0.0121% | 8h | 0.2206 | long leg | $5.4M | $18.6M | 60x | |
| 01 Exchange ARBUSD | −0.0104% | 1h | 0.2206 | +0.009% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0090% | 1h | 0.2204 | −0.086% | $10K | $2.3M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0078% | 8h | 0.2204 | −0.073% | $13K | $388K | 10x | as long as short |
| Bybit ARBUSDT | −0.0065% | 8h | 0.2202 | −0.172% | $55.8M | $126.0M | 50x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
01 Exchange ARBUSD
SoDEX ARB-USD
Orderly PERP_ARB_USDC
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0008% | 1h | 0.2204 | −0.068% | $87K | $2.1M | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2205 | −0.016% | $1.1M | $4.4M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2208 | +0.122% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0012% | 1h | 0.2205 | −0.007% | $10K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0014% | 8h | 0.2203 | −0.121% | $64.3M | $306.6M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2203 | −0.113% | $351K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0057% | 8h | 0.2205 | −0.005% | $3.1M | $2.6M | 75x | as long as short |
| Phemex ARBUSDT | +0.0062% | 8h | 0.2204 | −0.073% | $4.9M | $12.9M | 50x | as long as short |
| Bitget ARBUSDT | +0.0069% | 8h | 0.2203 | −0.118% | $21.0M | $34.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0070% | 8h | 0.2203 | −0.109% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2218 | +0.584% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2203 | −0.136% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARBshort | +0.0100% | 1h | 0.2206 | +0.005% | $38.2M | $49.1M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2206 | +0.005% | $637K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2207 | +0.074% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2205 | −0.005% | $19.5M | $15.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2205 | −0.025% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2206 | +0.021% | $481K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2207 | +0.063% | $119K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2208 | +0.109% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2205 | −0.041% | $300K | $939K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2209 | +0.154% | $495K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2207 | +0.056% | $487K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2205 | −0.033% | $823K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2204 | −0.071% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0435% | 1h | 0.2209 | +0.172% | $995K | $2.8M | 20x | as long as short |
Polymarket Perps ARB-USD
Kraken Futures PF_ARBUSD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Phemex ARBUSDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP