Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: Gate against Hyperliquid+0.074%7-day average −0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$480.482% of the position
Funding, last 7 days−0.291%−$29 on $10k
+Price spread, last 7 days−0.146%−$15 · spread now +0.074%, 7d avg −0.097%
=Together, before fees−0.437%+ Points / potential airdropHyperliquid: Season 2 · farm board−$44 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: Gate is 0.171% dearer against Hyperliquid than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid FIL | 0.9968 | 0.0100 | pay 0.0013% / 1h | 32m 27s | $8.5M | $9.5M | 5x |
| Short | Gate FIL_USDT | 0.9975 | 0.0100 | get 0.0100% / 8h | 4h 32m | $8.4M | $16.6M | 50x |
Hyperliquid FIL
Gate FIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: +0.074% → −0.097%
- $17.13
- Slippage, 4 orders
- −$24.17
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$31.03
- Costs to cover
- 0.482%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Gate: live order book, 1 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 Hyperliquid live order book, 10 min ago | 1.56 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.01 bp | 15.8 bp −$16 | 28.2 bp −$282 | 53.2 bp −$5,323 | 82.2 bp −$41.1K |
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 | 0.9930 | −0.377% | $374K | $2.1M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0150% | 1h | 0.9989 | +0.215% | $172K | $23K | 25x | as long as short |
| OKX FIL-USDT-SWAP | −0.0062% | 8h | 0.9970 | +0.024% | $18.5M | $104.3M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0017% | 8h | 0.9973 | +0.054% | $7.4M | $7.5M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9978 | +0.101% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9977 | +0.095% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.130% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 0.9986 | +0.188% | $1.4M | $2.3M | 50x | as long as short |
| Extended FIL-USD | +0.0088% | 1h | 0.9970 | +0.024% | $708K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0090% | 8h | 0.9969 | +0.014% | $57.2M | $182.9M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
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 | +0.0091% | 8h | 0.9976 | +0.084% | $242K | $103K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9969 | +0.018% | $155K | $360K | 5x | as long as short |
| Hyperliquid FILlong | +0.0100% | 1h | 0.9968 | long leg | $8.5M | $9.5M | 5x | |
| Aster FILUSDT | +0.0100% | 8h | 0.9980 | +0.124% | $511K | $599K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9972 | +0.044% | $15.7M | $20.0M | 25x | as long as short |
| Gate FIL_USDTshort | +0.0100% | 8h | 0.9975 | +0.074% | $8.4M | $16.6M | 50x | |
| Bitget FILUSDT | +0.0100% | 8h | 0.9973 | +0.054% | $11.2M | $20.5M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9968 | +0.004% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9957 | −0.109% | $448K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9976 | +0.080% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9980 | +0.122% | $298K | $957K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9980 | +0.124% | $30K | $180K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9982 | +0.144% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9970 | +0.024% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9982 | +0.144% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9983 | +0.155% | $623K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9970 | +0.024% | $1.2M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0208% | 8h | 0.9947 | −0.207% | $2.7M | $653K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0573% / S −0.0237% | 1h | 0.9976 | +0.084% | $266K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Aster FILUSDT
Bybit FILUSDT
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]