Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%
Price spread now: Hyperliquid against Gate−0.015%7-day average +0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days+0.291%+$29 on $10k
+Price spread, last 7 days+0.084%+$8 · spread now −0.015%, 7d avg +0.098%
=Together, before fees+0.375%+ Points / potential airdropHyperliquid: Season 2 · farm board+$38 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 0.113% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FIL_USDT | 1.0000 | 0.0100 | pay 0.0100% / 8h | 4h 57m | $8.5M | $16.3M | 50x |
| Short | Hyperliquid FIL | 0.9999 | 0.0100 | get 0.0013% / 1h | 57m 04s | $8.6M | $9.5M | 5x |
Funding 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: −0.015% → +0.098%
- −$11.27
- Slippage, 4 orders
- −$24.58
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$59.85
- Costs to cover
- 0.486%
- 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 | 1.50 bp | 17.9 bp −$18 | 29.2 bp −$292 | 56.3 bp −$5,633 | 88.4 bp −$44.2K |
| Sell Hyperliquid live order book, 5 min ago | 2.49 bp | 9.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0250% | 1h | 1.0002 | +0.020% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0208% | 1h | 0.9970 | −0.300% | $378K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0064% | 8h | 1.0000 | 0.000% | $18.9M | $102.4M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0014% | 8h | 0.9990 | −0.100% | $7.4M | $7.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0000 | 0.000% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9980 | −0.203% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.450% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 0.9996 | −0.043% | $1.4M | $2.3M | 50x | as long as short |
| Binance FILUSDT | +0.0078% | 8h | 1.0003 | +0.026% | $58.1M | $181.0M | 75x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9988 | −0.125% | $705K | $3.3M | 10x | 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 | +0.0085% | 8h | 0.9991 | −0.090% | $242K | $102K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9990 | −0.099% | $157K | $354K | 5x | as long as short |
| Hyperliquid FILshort | +0.0100% | 1h | 0.9999 | −0.015% | $8.6M | $9.5M | 5x | |
| Aster FILUSDT | +0.0100% | 8h | 0.9997 | −0.029% | $516K | $586K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0002 | +0.020% | $15.8M | $19.8M | 25x | as long as short |
| Gate FIL_USDTlong | +0.0100% | 8h | 1.0000 | long leg | $8.5M | $16.3M | 50x | |
| Bitget FILUSDT | +0.0100% | 8h | 1.0000 | 0.000% | $11.1M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0002 | +0.020% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0034 | +0.339% | $452K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0033 | +0.333% | $46K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0016 | +0.157% | $302K | $927K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0040 | +0.400% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0000 | +0.002% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9990 | −0.100% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9992 | −0.080% | $479 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9997 | −0.030% | $625K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9980 | −0.200% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0198% | 8h | 0.9973 | −0.270% | $2.8M | $648K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 0.9999 | −0.008% | $267K | — | 100x | as long as short |
Gate FIL_USDT
Hyperliquid FIL
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Binance FILUSDT
Extended FIL-USD
MEXC FIL_USDC
Lighter FIL
Aster FILUSDT
Bybit FILUSDT
Bitget FILUSDT
BingX FIL-USDC
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]