Funding you earn now, next payment 04:00 UTC−0.0143%/8h= −15.7% APRnext payment −$0.18 per $10,000 · paid last 24h −0.109%
Price spread now: gTrade (Gains Network) against Hyperliquid−0.274%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.274% cheaper against Hyperliquid than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid FET | 0.2032 | 0.0154 | pay 0.0019% / 1h | 30m 49s | $8.8M | $8.5M | 5x |
| Short | gTrade (Gains Network) FET/USD | 0.2026 | L +0.0006% / S −0.0011% | get 0.0001% / 1h | 30m 49s | $34K | — | 150x |
Hyperliquid FET
gTrade (Gains Network) FET/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$30.08
- Price spread: −0.274% → 0.000%
- −$27.36
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$76.45
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
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, 2 min ago | 0.49 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
FET on 20 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 FET_USDC-PERPETUAL | −0.3188% | 1h | 0.2029 | −0.138% | $38K | $307K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0984% | 1h | 0.2030 | −0.089% | $147K | $239K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0452% | 1h | 0.2033 | +0.035% | $1.0M | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USDshort | L +0.0006% / S −0.0011% | 1h | 0.2026 | −0.274% | $34K | — | 150x | |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.073% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2029 | −0.117% | $202K | $805K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2033 | +0.059% | $31.2M | $113.7M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2031 | −0.039% | $2.7M | $12.5M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2030 | −0.089% | $30.3M | $24.5M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2033 | +0.059% | $10.7M | $18.9M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2028 | −0.180% | $339K | $418K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2026 | −0.285% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2032 | +0.024% | $33K | $252K | 10x | as long as short |
| Hyperliquid FETlong | +0.0154% | 1h | 0.2032 | long leg | $8.8M | $8.5M | 5x | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2026 | −0.308% | $14K | — | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0215% | 4h | 0.2035 | +0.157% | $1.0M | $8.3M | 20x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2027 | −0.236% | $1.7M | $3.2M | 100x | as long as short |
| BingX FET-USDT | +0.0288% | 8h | 0.2032 | +0.010% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0300% | 8h | 0.2034 | +0.108% | $16.5M | $11.9M | 75x | as long as short |
| Phoenix FET | +0.0505% | 1h | 0.2023 | −0.413% | $35K | $39K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
OKX FET-USDT-SWAP
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Phoenix FET