Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.038%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.139%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.139% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) FIL/USD | 0.9939 | L −0.0004% / S +0.0006% | get 0.0001% / 1h | 17m 44s | $25K | — | 150x |
| Short | Hyperliquid FIL | 0.9953 | 0.0100 | get 0.0013% / 1h | 17m 44s | $8.6M | $9.5M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against gTrade (Gains Network). 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
- $21.88
- Price spread: +0.139% → 0.000%
- $13.87
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $16.76
- Costs to cover
- 0.190%
- Break-even
- 1.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 5 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 5 min ago | 0.86 bp | 9.2 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
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.
FIL on 29 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_FILUSD | −0.0329% | 1h | 0.9960 | +0.212% | $1.4M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9913 | −0.264% | $318K | $1.8M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0152% | 1h | 0.9948 | +0.088% | $171K | $23K | 25x | as long as short |
| OKX FIL-USDT-SWAP | −0.0042% | 8h | 0.9948 | +0.088% | $18.1M | $97.7M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0037% | 8h | 0.9951 | +0.119% | $7.5M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USDlong | L −0.0004% / S +0.0006% | 1h | 0.9939 | long leg | $25K | — | 150x | |
| dYdX FIL-USD | 0.0000% | 1h | 0.9950 | +0.104% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0030% | 8h | 0.9943 | +0.038% | $57.5M | $177.9M | 75x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9945 | +0.063% | $695K | $3.3M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.847% | $2K | $240K | 12x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0066% | 8h | 0.9948 | +0.088% | $246K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0072% | 8h | 0.9941 | +0.018% | $10.9M | $21.2M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9947 | +0.076% | $158K | $347K | 5x | as long as short |
| Hyperliquid FILshort | +0.0100% | 1h | 0.9953 | +0.139% | $8.6M | $9.5M | 5x | |
| Aster FILUSDT | +0.0100% | 8h | 0.9957 | +0.183% | $507K | $558K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9947 | +0.078% | $15.6M | $18.2M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9954 | +0.149% | $8.3M | $16.2M | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9948 | +0.088% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9922 | −0.175% | $446K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9917 | −0.225% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9921 | −0.181% | $295K | $837K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | −0.193% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9944 | +0.048% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9940 | +0.008% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9941 | +0.018% | $495 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9959 | +0.199% | $636K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9960 | +0.209% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0119% | 8h | 0.9942 | +0.028% | $2.7M | $589K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0543% / S −0.0538% | 1h | 0.9939 | 0.000% | $197K | — | 100x | as long as short |
gTrade (Gains Network) FIL/USD
Hyperliquid FIL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Binance FILUSDT
Extended FIL-USD
Injective FIL/USDC PERP
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]