Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%
Price spread now: Hyperliquid against Gate+0.156%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$750.752% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 7 days−0.154%−$15 · spread now +0.156%, 7d avg +0.032%
=Together, before fees−0.050%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 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: Hyperliquid is 0.124% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETC_USDT | 8.8610 | 0.0100 | pay 0.0100% / 8h | 16m 21s | $3.6M | $2.5M | 60x |
| Short | Hyperliquid ETC | 8.8748 | 0.0100 | get 0.0013% / 1h | 16m 21s | $2.3M | $442K | 5x |
Gate ETC_USDT
Hyperliquid ETCFunding 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
- $0
- Price spread: +0.156% → +0.032%
- $12.4
- Slippage, 4 orders
- −$51.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$62.84
- Costs to cover
- 0.752%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 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, 2 min ago | 6.21 bp | 23.2 bp −$23 | 77.7 bp −$777 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 3.15 bp | 18.2 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
ETC on 22 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 ETC/USDC PERP | −0.0293% | 1h | 8.8750 | +0.158% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSD | −0.0193% | 1h | 8.8605 | −0.006% | $1.9M | $720K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8617 | +0.008% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8609 | −0.001% | $502 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8636 | +0.030% | — | — | 150x | as long as short |
| Hyperliquid ETCshort | +0.0100% | 1h | 8.8748 | +0.156% | $2.3M | $442K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.8601 | −0.010% | $991K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8630 | +0.022% | $26.5M | $68.9M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8520 | −0.102% | $13.0M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8570 | −0.045% | $8.8M | $16.9M | 50x | as long as short |
Injective ETC/USDC PERP
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDTlong | +0.0100% | 8h | 8.8610 | long leg | $3.6M | $2.5M | 60x | |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8620 | +0.011% | $7.7M | $32.4M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8630 | +0.023% | $2.9M | $724K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8632 | +0.025% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8590 | −0.023% | — | $20.9M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8562 | −0.054% | $125K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8610 | 0.000% | $145 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8616 | +0.007% | $121K | $299K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8600 | −0.011% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8603 | −0.008% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8580 | −0.034% | $1.4M | $215K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0800% | 1h | 9.0700 | +2.359% | $36K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX