Funding you earn now, next payment 04:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.036%
Price spread now: Hyperliquid against Gate−0.146%7-day average +0.201% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$890.886% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)+0.349%+$35 · spread now −0.146%, 7d avg +0.201%
=Together, before fees+0.436%+ Points / potential airdropHyperliquid: Season 2 · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.346% cheaper against Gate than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of +0.201%). If the spread goes back, that is −$35 on $10k: about 26 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ENS_USDT | 6.6570 | 0.0056 | pay 0.0056% / 8h | 4h 57m | $453K | $562K | 75x |
| Short | Hyperliquid ENS | 6.6473 | 0.0100 | get 0.0013% / 1h | 57m 58s | $3.0M | $302K | 5x |
Gate ENS_USDT
Hyperliquid ENSFunding 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
- $9.24
- Price spread: −0.146% → +0.201%
- −$34.63
- Slippage, 4 orders
- −$64.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$114
- Costs to cover
- 0.886%
- Break-even
- 93.4 days
Slippage from Gate: live order book, 63 min ago; Hyperliquid: live order book, 3 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, 63 min ago | 8.22 bp | 27.0 bp −$27 | 135.2 bp −$1,352 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 2.47 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
ENS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ENSUSD | −0.0853% | 1h | 6.6387 | −0.275% | $89K | $414K | 20x | as long as short |
| Gate ENS_USDTlong | +0.0056% | 8h | 6.6570 | long leg | $453K | $562K | 75x | |
| OKX ENS-USDT-SWAP | +0.0093% | 8h | 6.6250 | −0.481% | $2.3M | $3.2M | 20x | as long as short |
| Hyperliquid ENSshort | +0.0100% | 1h | 6.6473 | −0.146% | $3.0M | $302K | 5x | |
| Aster ENSUSDT | +0.0100% | 8h | 6.6467 | −0.155% | $10K | $103K | 10x | as long as short |
| Binance ENSUSDT | +0.0100% | 8h | 6.6322 | −0.373% | $5.2M | $13.4M | 75x | as long as short |
| Bybit ENSUSDT | +0.0100% | 8h | 6.6320 | −0.376% | $5.3M | $3.6M | 75x | as long as short |
| MEXC ENS_USDT | +0.0100% | 8h | 6.6370 | −0.300% | $5.4M | $679K | 75x | as long as short |
| KuCoin ENSUSDTM | +0.0100% | 8h | 6.6470 | −0.150% | $1.8M | $133K | 50x | as long as short |
| Bitget ENSUSDT | +0.0100% | 8h | 6.6420 | −0.225% | $2.9M | $1.2M | 75x | as long as short |
Kraken Futures PF_ENSUSD
OKX ENS-USDT-SWAP
Aster ENSUSDT
Binance ENSUSDT
Bybit ENSUSDT
MEXC ENS_USDT
KuCoin ENSUSDTM
Bitget ENSUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ENS-USDT | +0.0100% | 8h | 6.6510 | −0.090% | — | $7.8M | — | as long as short |
| Variational Omni ENS | +0.0100% | 8h | 6.6466 | −0.156% | $106K | $8K | — | as long as short |
| ApeX Omni ENSUSDT | +0.0100% | 1h | 6.6490 | −0.120% | $25K | $598K | 50x | as long as short |
| Extended ENS-USD | +0.0104% | 1h | 6.6333 | −0.357% | $4K | $116K | 10x | as long as short |
| BloFin ENS-USDT | +0.0120% | 8h | 6.6550 | −0.030% | $302K | $73K | 20x | as long as short |
BingX ENS-USDT
Variational Omni ENS
ApeX Omni ENSUSDT
Extended ENS-USD
BloFin ENS-USDT