Funding you earn now, next payment 04:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.13 per $10,000 · paid last 24h −0.039%
Price spread now: gTrade (Gains Network) against Hyperliquid+0.130%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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.130% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.130% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid FIL | 1.0027 | 0.0100 | pay 0.0013% / 1h | 29m 43s | $8.5M | $9.5M | 5x |
| Short | gTrade (Gains Network) FIL/USD | 1.0040 | L −0.0004% / S +0.0006% | pay 0.0001% / 1h | 29m 43s | $26K | — | 150x |
Hyperliquid FIL
gTrade (Gains Network) FIL/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
- −$22.25
- Price spread: +0.130% → 0.000%
- $12.96
- 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
- −$28.29
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 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, 3 min ago | 0.85 bp | 10.5 bp −$11 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0208% | 1h | 1.0030 | +0.030% | $369K | $2.1M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0148% | 1h | 1.0050 | +0.229% | $173K | $23K | 25x | as long as short |
| OKX FIL-USDT-SWAP | −0.0057% | 8h | 1.0026 | −0.010% | $18.6M | $105.2M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0014% | 8h | 1.0061 | +0.339% | $7.5M | $7.5M | 50x | as long as short |
| gTrade (Gains Network) FIL/USDshort | L −0.0004% / S +0.0006% | 1h | 1.0040 | +0.130% | $26K | — | 150x | |
| dYdX FIL-USD | 0.0000% | 1h | 1.0030 | +0.031% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.715% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 1.0051 | +0.237% | $1.4M | $2.3M | 50x | as long as short |
| Extended FIL-USD | +0.0088% | 1h | 1.0052 | +0.249% | $711K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0092% | 8h | 1.0041 | +0.137% | $57.6M | $183.2M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
dYdX FIL-USD
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Extended FIL-USD
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0094% | 8h | 1.0055 | +0.279% | $244K | $104K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0025 | −0.024% | $155K | $361K | 5x | as long as short |
| Hyperliquid FILlong | +0.0100% | 1h | 1.0027 | long leg | $8.5M | $9.5M | 5x | |
| Aster FILUSDT | +0.0100% | 8h | 1.0066 | +0.387% | $516K | $603K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0037 | +0.100% | $15.8M | $20.0M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0047 | +0.199% | $8.5M | $16.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0031 | +0.040% | $11.2M | $20.3M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0035 | +0.080% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0011 | −0.162% | $451K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9976 | −0.513% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9980 | −0.471% | $298K | $957K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9970 | −0.568% | $30K | $180K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0048 | +0.205% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0040 | +0.130% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0044 | +0.170% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0054 | +0.269% | $627K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0040 | +0.130% | $1.2M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0212% | 8h | 0.9982 | −0.449% | $2.7M | $655K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0038 | +0.107% | $268K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]