Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: Hyperliquid against Gate−0.165%7-day average +0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$830.835% of the position
Funding, last 7 days+0.155%+$16 on $10k
+Price spread, last 7 days+0.135%+$14 · spread now −0.165%, 7d avg +0.089%
=Together, before fees+0.291%+ Points / potential airdropHyperliquid: Season 2 · farm board+$29 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 0.254% cheaper against Gate than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETHFI_USDT | 0.7093 | 0.0100 | pay 0.0050% / 4h | 58m 25s | $1.7M | $1.9M | 75x |
| Short | Hyperliquid ETHFI | 0.7081 | 0.0100 | get 0.0013% / 1h | 58m 25s | $17.7M | $8.0M | 5x |
Gate ETHFI_USDT
Hyperliquid ETHFIFunding 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: −0.165% → +0.089%
- −$25.36
- Slippage, 4 orders
- −$59.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$108.84
- Costs to cover
- 0.835%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Hyperliquid: live order book, 4 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, 4 min ago | 3.54 bp | 27.0 bp −$27 | 208.2 bp −$2,082 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.50 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0314% | 1h | 0.7089 | −0.056% | $40K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0208% | 4h | 0.7084 | −0.127% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0026% | 4h | 0.7071 | −0.310% | $87K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.072% | $321 | $51K | 5.5x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0044% | 1h | 0.7088 | −0.065% | $264K | $212K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0075% | 8h | 0.7086 | −0.095% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7097 | +0.063% | $1.1M | $878K | 5x | as long as short |
| Hyperliquid ETHFIshort | +0.0100% | 1h | 0.7081 | −0.165% | $17.7M | $8.0M | 5x | |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7089 | −0.059% | $181K | $256K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7078 | −0.213% | $24.7M | $35.6M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Kraken Futures PF_ETHFIUSD
Paradex ETHFI-USD-PERP
Lighter ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7078 | −0.211% | $17.7M | $12.5M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7079 | −0.197% | $5.0M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDTlong | +0.0100% | 4h | 0.7093 | long leg | $1.7M | $1.9M | 75x | |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7073 | −0.282% | $15.8M | $3.9M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7077 | −0.226% | $1.2M | $241K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7073 | −0.282% | $6.1M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7076 | −0.240% | — | $26.0M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7072 | −0.295% | $1.0M | $714K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7094 | +0.008% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7083 | −0.141% | $1K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7084 | −0.131% | $96K | $382K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7081 | −0.162% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7085 | −0.113% | $1.3M | $245K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0624% | 1h | 0.7086 | −0.099% | $31K | $6K | 50x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX