Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Hyperliquid−0.140%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2362.360% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.140%, 7d avg −0.038%
=Together, before fees+0.113%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.102% cheaper against Hyperliquid than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AXS | 1.0704 | 0.0100 | pay 0.0013% / 1h | 12m 02s | $258K | $314K | 5x |
| Short | Gate AXS_USDT | 1.0689 | 0.0100 | get 0.0100% / 8h | 6h 12m | $852K | $996K | 50x |
Hyperliquid AXS
Gate AXS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Hyperliquid. 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
- $0
- Price spread: −0.140% → −0.038%
- −$10.18
- Slippage, 4 orders
- −$211.98
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$246.16
- Costs to cover
- 2.360%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 28 min ago; Gate: live order book, 40 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 Hyperliquid live order book, 28 min ago | 3.28 bp | 33.6 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 40 min ago | 9.83 bp | 91.8 bp −$92 | 261.2 bp −$2,612 | doesn't fit | doesn't fit |
AXS on 19 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 AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.149% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0080% | 4h | 1.0700 | −0.037% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0726 | +0.206% | $33K | $41K | 5x | as long as short |
| Hyperliquid AXSlong | +0.0100% | 1h | 1.0704 | long leg | $258K | $314K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0703 | −0.005% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0703 | −0.009% | $6.0M | $10.1M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0709 | +0.047% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0701 | −0.028% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDTshort | +0.0100% | 8h | 1.0689 | −0.140% | $852K | $996K | 50x | |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0701 | −0.028% | $11.4M | $731K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
MEXC AXS_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0700 | −0.037% | $600K | $304K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0700 | −0.037% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0698 | −0.056% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0700 | −0.037% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0699 | −0.045% | $758K | $909K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0691 | −0.121% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0703 | −0.009% | $724 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0699 | −0.051% | $9K | $240K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0357% | 1h | 1.0715 | +0.102% | $145K | $337K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD